Category Archives:
Global equity fund outflows rise on fears of inflationary risks
(Reuters) - Global investors withdrew big money out of equity and bond funds in the week ended June 15, on elevated concerns over rising inflation levels and chances of an economic recession due to ag...
Jun 17, 2022
Exclusive-China’s central bank accepts Ant’s application for financial holding company- sources
By Julie Zhu and Xie Yu HONG KONG (Reuters) - China's central bank has accepted Ant Group's application to set up a financial holding company, three people with knowledge of the matter said, a key ste...
Jun 17, 2022
As abortion ruling nears, U.S. Supreme Court erects barricades to the public
By Lawrence Hurley WASHINGTON (Reuters) - Encircled by an ominous security fence and off-limits to the public since March 2020, the U.S. Supreme Court is poised in the coming weeks to issue a major ru...
Jun 17, 2022
Film tells of Bosnian Muslims and Jews saving one another in wars
By Daria Sito-Sucic SARAJEVO (Reuters) - In a traditional Muslim house in the old quarter of Sarajevo, a film has revived two different periods of war during which Bosnian Muslims saved Jews from Nazi...
Jun 17, 2022
Britain likely to face recession in the next two years, says JPM
(Reuters) - Britain is increasingly likely to head into recession over the next year or two amid soaring inflation due to the country's vulnerability to external shocks, J.P.Morgan economists said on ...
Jun 17, 2022
White House kicks off push to train more broadband, construction and EV workers
By Andrea Shalal WASHINGTON (Reuters) - The White House will launch a summer-long initiative on Friday to encourage labor unions and industry to work together to train more workers for good jobs in th...
Jun 17, 2022
Market positioning suggests more pain for equities despite rout – BofA
By Saikat Chatterjee LONDON (Reuters) - A market trends indicator by BofA Securities fell to zero for the first time since the pandemic-induced mayhem in financial markets in 2020, signalling extreme ...
Jun 17, 2022
Euro zone inflation confirmed at record high 8.1% in May
FRANKFURT (Reuters) - Euro zone inflation rose to a record high 8.1% last month in line with a preliminary estimate, more than four times the European Central Bank's target and underscoring its plans ...
Jun 17, 2022
India’s Reliance considers buying out Revlon in U.S. – ET Now
BENGALURU (Reuters) -Indian conglomerate Reliance Industries is considering buying out Revlon Inc in the United States, days after the cosmetics giant filed for bankruptcy, business channel ET Now rep...
Jun 17, 2022
Take Five: The last surviving dove
Of all the central banks which until recently dismissed inflation as transitory, one still stands: the Bank of Japan. But it's increasingly being challenged by hedge funds, which are betting it can't ...
Jun 17, 2022
Peoria, IL, USA
81 °F Sunny
