Category Archives:
Investors pour into equities to ‘chase the bull’, says BofA
By Samuel Indyk LONDON (Reuters) - Investors bought stocks and took money out of cash funds in the week to Wednesday, as individual investor sentiment hit a 19-month high, BofA Global Research found. ...
Syndicated Content Jun 16, 2023
Volkswagen: battery unit PowerCo will be ‘investor-ready’ early next year
BERLIN (Reuters) - Volkswagen's battery unit PowerCo will be ready for investors at the beginning of next year, battery chief Thomas Schmall said at a roundtable in Berlin on Friday. Schmall's stateme...
Syndicated Content Jun 16, 2023
Analysis-Biden’s IRA climate bill won’t cut deficit as expected
By Jarrett Renshaw (Reuters) - When President Joe Biden signed his signature Inflation Reduction Act last August, he hailed the collection of green energy tax credits as a major victory for climate ch...
Syndicated Content Jun 16, 2023
India’s Modi to address FedEx, Mastercard, other US CEOs at Kennedy Center -source
By Nandita Bose and Trevor Hunnicutt WASHINGTON (Reuters) - Indian Prime Minister Narendra Modi will meet the CEOs of top American companies including FedEx, MasterCard and Adobe during his trip to th...
Syndicated Content Jun 16, 2023
Gannett tiptoes into generative AI, giving humans the last word
By Helen Coster NEW YORK (Reuters) - Publisher Gannett plans to include generative artificial intelligence in the system it uses to publish stories as it and other news organizations begin to roll out...
Syndicated Content Jun 16, 2023
Marketmind: Stocks fight the Fed as markets still not listening
By Naomi Rovnick LONDON (Reuters) - If you looked at red-hot stock markets without following central banks, you could well assume interest rates are being cut. Of course, they are not. The U.S. Federa...
Syndicated Content Jun 16, 2023
China’s Jan-May fiscal revenue growth quickens
BEIJING (Reuters) - China's fiscal revenues grew 14.9% in the first five months from a year earlier, quickening from a 11.9% rise in the first four months, data from the finance ministry showed. Fisca...
Syndicated Content Jun 16, 2023
Germany, France clash over reform of EU fiscal rules, deal seen by end-2023
By Jan Strupczewski BRUSSELS (Reuters) - France and Germany clashed on Friday over how to reform the European Union's fiscal rules and both claimed they had the backing of many other EU governments in...
Syndicated Content Jun 16, 2023
Explainer-What is Hong Kong’s new dual HKD/RMB share counter?
By Georgina Lee and Winni Zhou HONG KONG (Reuters) - The Hong Kong stock exchange will start offering yuan-denominated Chinese stocks from Monday in what it calls a dual counter, a scheme that is seen...
Syndicated Content Jun 16, 2023
China takes next step in currency globalization, with some HK stocks priced in yuan
By Samuel Shen and Georgina Lee SHANGHAI/HONG KONG (Reuters) - China's gradual internationalisation of its currency will shift to its next leg on Monday when about two dozen Chinese companies start tr...
Syndicated Content Jun 16, 2023
Peoria, IL, USA
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