Category Archives:
Global equity funds see massive outflows on slowdown fears
(Reuters) - Global equity funds witnessed a surge in outflows in the week ended May 11, as fears of an economic slowdown and further tightening by major central banks to tame stubborn inflation spooke...
May 13, 2022
Chevron, Pertamina to explore lower carbon opportunities in Indonesia
(Reuters) - U.S. energy company Chevron Corporation and Indonesia's state energy company PT Pertamina have signed a deal to explore lower carbon business opportunities in Indonesia, the companies said...
May 13, 2022
Use American Rescue Plan funds to fight crime, Biden to tell states
WASHINGTON (Reuters) - President Joe Biden will urge state and local leaders on Friday to make greater use of money from the $1.9 trillion American Rescue Plan to fight crime as cities gird for summer...
May 13, 2022
Samsung in talks to hike chipmaking prices by up to 20% – Bloomberg
SEOUL (Reuters) -Samsung Electronics is in talks with clients about hiking prices for chip contract manufacturing by up to 20% this year, Bloomberg reported on Friday. The move is part of an industry-...
May 13, 2022
Rouble firms past 63 vs dollar in Moscow, hits fresh 5-year high vs euro
(Reuters) - The Russian rouble firmed past 63 per dollar in Moscow on Friday for the first time since early February 2020 and touched a fresh five-year high versus the euro, supported by continuing re...
May 13, 2022
Take Five: Recession talk justified? Follow the data
A deluge of data from across major economies comes at a pivotal moment in the debate over whether central banks are jacking up interest rates into a potentially sharp global growth slowdown. And with ...
May 13, 2022
China looks to spur job prospects for record number of new graduates
BEIJING (Reuters) -China will offer subsidies, tax breaks and easier loans to boost prospects for college graduates, the cabinet said on Friday, as a record number prepare to enter the workforce this ...
May 13, 2022
Marketmind: TGIF – is it over yet?
A look at the day ahead in markets from Dhara Ranasinghe. After a wild ride, markets are in a calmer mood for now. Yet, it is Friday 13 and those prone to superstition would be forgiven for being extr...
May 13, 2022
Norwegian Air posts Q1 loss, flags fuel costs to impact recovery
OSLO (Reuters) -Norwegian Air posted a loss for the first quarter on Friday and said rising fuel costs will partly offset the positive effects of increased bookings for the summer season. The carrier ...
May 13, 2022
Analysis: Leveraged loans hit turbulence, but investors still see long-term outperformance
By Davide Barbuscia NEW YORK (Reuters) - U.S. loans have outperformed other debt instruments this year because of the protection they offer from rising interest rates, but a sharp deterioration in fin...
May 13, 2022
Peoria, IL, USA
73 °F Sunny
