Category Archives:
U.S. June wholesale inventories revised higher
WASHINGTON (Reuters) - U.S. wholesale inventories increased more than initially estimated in June as businesses replenished stocks to meet robust consumer spending. The Commerce Department said on Fri...
Syndicated Content Aug 06, 2021
Canopy Growth loss narrows on pot demand surge, cost cuts
(Reuters) -Pot producer Canopy Growth Corp reported a smaller quarterly adjusted loss on Friday, as it benefited from cost cuts and a rise in cannabis use during the coronavirus pandemic. People acros...
Syndicated Content Aug 06, 2021
Unpredictable regulation dents China’s short-term appeal, global fund managers say
By Divya Chowdhury (Reuters) - The unpredictability of China's regulatory measures make the country unappealing to foreign investors in the short-term, following its latest crackdowns on the technolog...
Syndicated Content Aug 06, 2021
AIG is reducing cyber insurance limits as cost of coverage soars
(Reuters) - American International Group Inc is tightening terms of its cyber insurance, noting that premium prices are up nearly 40% globally, with the largest increase in North America, the U.S. ins...
Syndicated Content Aug 06, 2021
U.S. bond funds see inflows surge as investors rush to safety – Lipper
(Reuters) - Money flows into U.S. bond funds jumped in the week to Aug. 4, as investors rushed towards safety on fears over the rapid spread of the Delta variant of COVID-19 and slowing manufacturing ...
Syndicated Content Aug 06, 2021
Exclusive-Didi in talks with state-backed Westone to hand over data control-sources
By Julie Zhu HONG KONG (Reuters) -Chinese ride-hailing firm Didi Global Inc is in talks with state-owned information security firm Westone to handle its data management and monitoring activities, sour...
Syndicated Content Aug 06, 2021
Cryptoexchange Binance to stop Hong Kong users trading derivatives
HONG KONG (Reuters) - Binance, one of the world's largest cryptocurrency exchanges, said on Friday it would restrict Hong Kong users from trading derivative products, the latest in a series of changes...
Syndicated Content Aug 06, 2021
Retail favorite Robinhood rises 3% at end of roller-coaster week
(Reuters) - Shares of Robinhood Markets Inc rose about 3% before the bell on Friday after a roller-coaster week that lifted its market capitalization to $44 billion on interest from small-time investo...
Syndicated Content Aug 06, 2021
Global investors, Indian startups press Modi for overseas listings
By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) - Leading investors including Tiger Global, Sequoia Capital and Lightspeed have called on India's Prime Minister Narendra Modi to spur rules to allo...
Syndicated Content Aug 06, 2021
U.S. opens safety probe into Mercedes vans used for Amazon deliveries, ambulances
By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) said Friday it has opened a preliminary investigation into reports some 2019 Mercedes-Benz Sprinter...
Syndicated Content Aug 06, 2021
Peoria, IL, USA
46 °F Overcast
