Category Archives:
Broker TP ICAP third-quarter revenue jumps on market volatility
(Reuters) - TP ICAP posted a 14% jump in its third-quarter revenue in reported currency on Tuesday, as the world's biggest inter-dealer broker benefited from stock and foreign exchange market volatili...
Nov 01, 2022
Exclusive-Tesla plans mass production start for Cybertruck at end of 2023-sources
(Reuters) - Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the long-awaited pickup truck Chief Executive Elon Musk unveiled in 2019, t...
Nov 01, 2022
Prosus & Naspers deny report they are in talks to sell Tencent stake
AMSTERDAM (Reuters) - Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as "untrue" a report that they are in talks to sell their large stake in Chinese sof...
Nov 01, 2022
Bertelsmann: plans to appeal ruling on Penguin Random House book merger
BERLIN (Reuters) - German media group Bertelsmann SE & Co, owner of Penguin Random House, said on Tuesday it would appeal a ruling by a U.S. court against a planned merger of Penguin and rival Simon &...
Nov 01, 2022
Russian rouble edges lower as month-end tax support passes
MOSCOW (Reuters) - The rouble edged lower against the dollar, euro and yuan on Tuesday, as the Russian currency began trading without the support of a favourable month-end tax period and investors awa...
Nov 01, 2022
BP smashes forecasts with $8.2 billion profit
By Ron Bousso and Shadia Nasralla LONDON (Reuters) - BP on Tuesday reported a third-quarter profit of $8.15 billion, easily beating expectations, boosted by strong natural gas trading, and announced a...
Nov 01, 2022
ECB must keep raising rates even if recession risks rise, Lagarde says
FRANKFURT (Reuters) - The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession has increased, ECB President Christine Lagarde...
Nov 01, 2022
China’s yuan bounces from 15-year low as dollar bulls retreat
SHANGHAI (Reuters) - China's yuan bounced off a near 15-year low against the dollar and into the black in late trade afternoon on Tuesday, amid a broader greenback selloff and as general investor sent...
Nov 01, 2022
Explainer-India central bank’s policy committee meets to discuss first inflation target miss
By Swati Bhat MUMBAI (Reuters) - Reserve Bank of India's monetary policy committee (MPC) will meet on Thursday, outside its scheduled meetings, to discuss its first ever inflation target miss, which w...
Nov 01, 2022
Credit Suisse confirms shareholder meeting for capital hike
ZURICH (Reuters) - Credit Suisse Group AG on Tuesday confirmed an extraordinary general meeting will take place on November 23 for shareholders to approve a proposed capital increase. The embattled ba...
Nov 01, 2022
Peoria, IL, USA
50 °F Partly cloudy
