Category Archives:
Swiss investor group lawsuit to seek compensation over UBS-Credit Suisse deal
ZURICH (Reuters) - A Swiss investors' association is planning to file a lawsuit seeking compensation for former Credit Suisse shareholders, the latest legal action triggered by the bank's emergency ta...
Syndicated Content Jul 17, 2023
EU antitrust regulators scrap Global Blue antitrust investigation
BRUSSELS (Reuters) - Payments company Global Blue is no longer in the EU antitrust crosshairs after a two-year long investigation, the company said on Monday. "Global Blue has fully co-operated with t...
Syndicated Content Jul 17, 2023
Morgan Stanley cuts China’s 2023 and 2024 growth forecasts
LONDON (Reuters) - Morgan Stanley revised down its China 2023 economic growth forecast by 0.7 percentage points to 5% on Monday after the country reported a "weak" second quarter GDP reading. Adding t...
Syndicated Content Jul 17, 2023
German economy may disappoint as sentiment worsens – Bundesbank
FRANKFURT (Reuters) - The German economy may shrink by more this year than expected only a few weeks ago despite a small bounce in the second quarter, the Bundesbank said on Monday. Industry-heavy Ger...
Syndicated Content Jul 17, 2023
Netflix shielded from Hollywood strike by global crew, strong pipeline
By Samrhitha A (Reuters) - Netflix investors will assess risks from the ongoing strike in Hollywood when the company reports quarterly results on Wednesday, but analysts said it was well positioned du...
Syndicated Content Jul 17, 2023
Race towards ‘autonomous’ AI agents grips Silicon Valley
By Anna Tong and Jeffrey Dastin Around a decade after virtual assistants like Siri and Alexa burst onto the scene, a new wave of AI helpers with greater autonomy is raising the stakes, powered by the ...
Syndicated Content Jul 17, 2023
Analysis-Crypto firms facing US SEC charges find hope in Ripple ruling, experts say
By Jody Godoy and Chris Prentice (Reuters) - A cryptocurrency developer's landmark legal victory against the U.S. Securities and Exchange Commission (SEC) will galvanize Coinbase and other companies t...
Syndicated Content Jul 17, 2023
Is the wild ride over? Fed faces broader debate as it tees up rate hike
By Howard Schneider WASHINGTON (Reuters) - Since the Federal Reserve decided to keep interest rates on hold at its June 13-14 policy meeting, U.S. central bank officials have given every indication th...
Syndicated Content Jul 17, 2023
Tesla discounts set to power quarterly revenue growth, hit profit
By Akash Sriram (Reuters) - Tesla's strategy to boost sales through price cuts is likely to have powered its strongest revenue growth in five quarters while dragging down margins to a three-year low i...
Syndicated Content Jul 17, 2023
Marketmind: China falls short and oil ebbs but banks impress
A look at the day ahead in U.S. and global markets from Mike Dolan China's spluttering recovery set the tone for world markets on Monday after a bumper week of U.S. disinflation news was capped with i...
Syndicated Content Jul 17, 2023
Peoria, IL, USA
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