Category Archives:
Morning Bid: Rate cut talk, already!
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe Forget peak U.S. interest rates for a minute, markets already want to know when the Federal Reserve will start making cuts -- l...
Jan 05, 2023
Analysis-Democrats’ downgrade of Iowa’s role is a blow to Corn Belt, biofuels
By Jarrett Renshaw (Reuters) - The Democratic Party's unseating of Iowa from its position as host of the first U.S. presidential nominating contest every four years is a blow that could also reshape t...
Jan 05, 2023
After two days of failure, U.S. House Republicans to try again to pick a leader
By Moira Warburton and Andy Sullivan WASHINGTON (Reuters) - Republicans in the U.S. House of Representatives will try for a third day on Thursday to select a leader after six failed votes have highlig...
Jan 05, 2023
Rivian misses goal for 2022, but just barely
NORMAL, Ill. — Rivian Automotive fell just short of its production goal of 25,000 electric vehicles at its plant in Normal during 2022, but production and vehicle deliveries picked up in the fou...
Jan 05, 2023
Congolese artist paints politicians’ portraits in plastic
By Crispin Kyala BUKAVU, Democratic Republic of Congo (Reuters) - Near the banks of Lake Kivu in eastern Democratic Republic of Congo, artist Patrick Cikuru Cirimwami wades knee-deep through a mountai...
Jan 05, 2023
Tesla’s Dec sales of China-made cars fall to the lowest in five months
SHANGHAI (Reuters) -Tesla Inc delivered 55,796 China-made electric vehicles in December, the lowest level in five months, according to data from the China Passenger Car Association (CPCA) on Thursday....
Jan 05, 2023
India’s FY24 growth to dip to 5.5% from 6.8% in FY23 – HSBC economist
MUMBAI (Reuters) - India's economy is expected to grow 5.5% in the next financial year, a notch below the expected potential rate of 6%, as growth momentum in the country was slowing gradually, an eco...
Jan 05, 2023
European shares slip after Fed minutes temper policy pivot hopes
(Reuters) - European shares slipped on Thursday ahead of euro zone inflation data, after minutes from the Federal Reserve's December meeting showed the central bank was committed to tame inflation. Th...
Jan 05, 2023
Volvo Cars’ full-year sales fall despite a 13% rise in December
STOCKHOLM (Reuters) - Sweden-based Volvo Car AB said on Thursday its sales grew 13% year-on-year in December to 72,663 cars. Full-year sales fell, however, by 12% to 615,121 cars. "Volvo Cars' full ye...
Jan 05, 2023
BOJ’s policy tweak hasn’t led to lending windfall, Mizuho head says
By Ritsuko Shimizu TOKYO (Reuters) - The Bank of Japan's decision to let long-term rates rise more has not sparked a boom in revenue from lending as the central bank has yet to end its policy of negat...
Jan 05, 2023
Peoria, IL, USA
46 °F Overcast
