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India’s Vedanta to take over Foxconn chip JV from holding co
BENGALURU (Reuters) - India's metals-to-oil conglomerate Vedanta Ltd said on Friday that it would take over from its holding company the ownership of a joint venture with Taiwan's Foxconn that was set...
Syndicated Content Jul 07, 2023
DWS’ former CEO Woehrmann under investigation in greenwashing probe – source
By Tom Sims and Friederike Heine FRANKFURT (Reuters) -German prosecutors are investigating asset manager DWS's former chief executive Asoka Woehrmann over allegations of investment fraud through so-ca...
Syndicated Content Jul 07, 2023
Black unemployment rate spikes for second month in a row
By Safiyah Riddle (Reuters) - The U.S. Black unemployment rate jumped for a second consecutive month, hitting a 10-month high in what in the past has signaled a broader weakening in the job market and...
Syndicated Content Jul 07, 2023
U.S. equity funds draw inflows for second week amid inflation relief
(Reuters) - U.S. equity funds witnessed net purchases for a second straight week during the seven days to July 5, as signs of cooling inflation soothed investor worries about more interest rate hikes ...
Syndicated Content Jul 07, 2023
Analysis-Bonds back in a tailspin as ‘higher for longer’ narrative hits
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) - Government bond markets from Europe to the United States and Australia are in a tailspin as the prospect of higher interest rates sparks a rout in lon...
Syndicated Content Jul 07, 2023
Mercedes-Benz picks Tesla’s charging standard for N.America EVs from 2025
(Reuters) -German automaker Mercedes-Benz said on Friday its electric vehicles in North America will adopt the Tesla-developed charging technology from 2025 and also get access to more than 12,000 of ...
Syndicated Content Jul 07, 2023
Shell warns of big drop in gas trading results
(Reuters) -Shell, the world's biggest liquefied natural gas (LNG) trader, said on Friday second-quarter gas trading results were expected to come in "significantly lower" quarter-on-quarter, though in...
Syndicated Content Jul 07, 2023
Instant View: June US jobs growth cooled, but wages won’t comfort Fed
NEW YORK (Reuters) - U.S. job growth slowed more than expected in June after surging in the prior month, but labor market conditions remain tight, with the unemployment rate retreating from a seven-mo...
Syndicated Content Jul 07, 2023
Global investors extend buying streak into equity funds on signs of easing inflation
(Reuters) - Global investors extended their streak as net buyers of equity funds into a second week, drawing support from indications of cooling inflation that may moderate central banks' inclination ...
Syndicated Content Jul 07, 2023
Fed seen raising rates this month, but traders less sure of further hike
(Reuters) - Traders on Friday stuck to bets the Fed will raise its benchmark interest rate this month to a 5.25%-5.5% range, but are becoming more skeptical of the chance for further hikes beyond that...
Syndicated Content Jul 07, 2023
Peoria, IL, USA
69 °F Thunderstorm In Vicinity
