Category Archives:
Investors who stuck it out for Musk’s Twitter deal set to reap rewards
By Svea Herbst-Bayliss NEW YORK (Reuters) - The world's wealthiest man is about to make a swath of already affluent investors even richer. Firms including Pentwater Capital, Millennium Management, Ada...
Oct 28, 2022
Fed on track for tens of billions in losses amid inflation fight
By Michael S. Derby NEW YORK (Reuters) - The Federal Reserve's aggressive campaign to rein in inflation leaves it on track for tens of billions, if not more, in losses over the next few years, central...
Oct 28, 2022
Obama looks to light up Democrat’s chances in key Georgia U.S. Senate race
By James Oliphant WASHINGTON (Reuters) - Democrats call in their biggest star, Barack Obama, on Friday in the hopes that the former president can excite voters in Georgia and help the party hold onto ...
Oct 28, 2022
Who funded Trump’s Truth Social? Some answers
By Helen Coster and Krystal Hu (Reuters) - Ever since former U.S. President Donald Trump launched a new media company aimed at rivaling Twitter, there has been a mystery over who provided the money. T...
Oct 28, 2022
Norway’s wealth fund posts $43.5 billion Q3 loss
(Corrects fund size to $1.15 trillion in 1st paragraph) OSLO (Reuters) - Norway's $1.15 trillion fund, the world's largest, posted a loss of 449 billion Norwegian crowns ($43.47 billion) in the third ...
Oct 28, 2022
ECB reaffirms rate hike plans even as recession looms large
By Balazs Koranyi FRANKFURT (Reuters) - European Central Bank policymakers stood firmly behind plans to keep raising interest rates even at a cost to economic growth, as data on Friday showed rising i...
Oct 28, 2022
Taiwan Q3 GDP grows faster than expected on lifting of COVID curbs
TAIPEI (Reuters) -Taiwan's economy grew much faster than expected in the third quarter and at its fastest pace since the last three months of 2021, boosted by a resumption in domestic demand following...
Oct 28, 2022
Japan cabinet approves spending package to ease inflation pain
TOKYO (Reuters) - Japan's government on Friday unveiled a new stimulus package with spending worth 39.0 trillion yen ($265 billion) that it said would boost gross domestic product (GDP) by around 4.6%...
Oct 28, 2022
Take Five: It’s rate-hike central
LONDON (Reuters) - It's rate-hike central with monetary policy meetings in the United States, Britain, Australia and Norway in the week ahead. Any signs that the pace of aggressive tightening among bi...
Oct 28, 2022
Aurubis says was target of cyberattack
BERLIN (Reuters) - Aurubis, Europe's biggest copper smelter, said there had been a cyberattack overnight that has forced it to shut down its IT systems and disconnect them from the internet. "The IT s...
Oct 28, 2022
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