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Scott Bessent’s rise through finance to the US Treasury
November 24, 2024
COP29 agrees deal to kick-start global carbon credit trading
November 23, 2024
Goldman funds to take $900 million hit on Northvolt, FT reports
November 23, 2024
Adani Energy Solutions says no material impact from Kenya energy deal cancellation
November 23, 2024
Is inflation gobbling up your Thanksgiving plans?
November 23, 2024
Bosch to cut hours for 10,000 workers in Germany
November 23, 2024
Britain’s Asda brings back industry veteran Leighton to lead business
November 23, 2024
China’s Huawei aims 100,000 apps on Harmony OS in 6-12 months
November 23, 2024
Pullback causer vs. rally killer: How to spot the difference
November 23, 2024
Brazil freezes spending at $3.33 billion to comply with fiscal rules
November 23, 2024
What could Trump 2.0 mean for global trade?
November 23, 2024
What would it take for the Fed to pause rate cuts?
November 23, 2024
Trump taps Scott Bessent for Treasury, capping long drama over choice
November 23, 2024
Seven & i founding family sounded out KKR, others about buyout, Nikkei says
November 23, 2024
Electrical infrastructure stocks: Downside risks if Trump repeals EV tax credit
November 23, 2024
These are the 2 latest themes in US nuclear power
November 23, 2024
What’s the impact of RFK Jr as new head of HHS on the U.S. Food sector?
November 23, 2024
How will other countries respond to Trump’s tariffs?
November 23, 2024
Cyprus says Moody’s A3 upgrade vote of confidence in economy
November 23, 2024
US SEC obtained record financial remedies in fiscal 2024, agency says
November 23, 2024
IMF approves third review of Sri Lanka’s $2.9 billion bailout
November 23, 2024
Adani CFO defends against US charges, says linked to one business contract
November 23, 2024
Trump’s FDA pick is surgeon and writer Martin Makary
November 23, 2024
Trump taps key Project 2025 architect Russ Vought to head budget office
November 23, 2024
US judge rejects SEC bid to sanction Elon Musk
November 23, 2024
US alleges car parts factory in Mexico violates North America trade pact
November 23, 2024
Trump expected to pick Bessent to be US treasury secretary, sources say
November 23, 2024
Nissan persuades US court to decertify brake defect class actions
November 23, 2024
Moody’s upgrades Saudi Arabia’s rating on economic diversification efforts
November 23, 2024
Samsung ordered to pay $118 million for infringing Netlist patents
November 23, 2024
Exclusive-Saudi Aramco unit in talks to invest $1 billion in US software maker Mavenir, sources say
November 23, 2024
Three BofA bankers in India leave amid probe into stock sale, source says
November 23, 2024
Black Friday puts consumer spending in market’s glare with stocks near records
November 23, 2024
Nvidia stock is set up well for 2025 as chip demand to remain red hot: Jefferies
November 23, 2024
Guessing game over Trump’s Treasury pick adds to US bond market’s negative mood
November 23, 2024
Fed survey finds inflation fading as a risk next to debt, trade wars
November 23, 2024
Mexico stocks higher at close of trade; S&P/BMV IPC up 0.52%
November 22, 2024
Colombia stocks higher at close of trade; COLCAP up 0.27%
November 22, 2024
Canada stocks higher at close of trade; S&P/TSX Composite up 0.21%
November 22, 2024
Brazil stocks higher at close of trade; Bovespa up 1.60%
November 22, 2024
Russia stocks higher at close of trade; MOEX Russia Index up 0.47%
November 22, 2024
Stock market today: Dow rides rotation into cyclicals to close at record high
November 22, 2024
Snack maker Hearthside files for bankruptcy after child labor probe
November 22, 2024
Procter & Gamble “stays the course”, say Deutsche Bank, Jefferies analysts
November 22, 2024
Chamber of Commerce sees new US export crackdown on China, email says
November 22, 2024
Exclusive-Fund manager Bessent scores on Trump victory, hopes for bigger win
November 22, 2024
As Fed members see risk of higher neutral rate, MRB warns of fewer cuts next year
November 22, 2024
EU, China close to agreement over EV import tariffs, leading MEP says
November 22, 2024
Robinhood’s top attorney Gallagher rules out SEC chair role
November 22, 2024
VW union signals strikes in December but talks continue
November 22, 2024
UBS’s Lefkowitz says U.S. stock valuations are ‘reasonable’
November 22, 2024
Tesla, Nvidia among Friday’s market cap stock movers
November 22, 2024
Zoom, Agilent, Woodward, and more set to report earnings Monday
November 22, 2024
Treasury auctions and economic indicators in focus Monday
November 22, 2024
Democratic SEC member to step down, leaving GOP in majority
November 22, 2024
Gulfport Energy upgraded at KeyBanc on Trump tailwinds
November 22, 2024
Northvolt crisis may be make or break for Europe’s EV battery ambitions
November 22, 2024
Fed announces policy framework review, plans for May 15-16 conference
November 22, 2024
Amazon doubles down on AI startup Anthropic with $4 billion investment
November 22, 2024
Sanofi plans to change hospital drug-discount program, WSJ reports
November 22, 2024
Procter & Gamble doubles down on China’s TikTok to reverse sales slump
November 22, 2024
STOXX 600 jumps over 1% to one-week high on real-estate boost
November 22, 2024
US approves New York plan to impose $9 Manhattan congestion fee starting Jan. 5
November 22, 2024
BofA’s private banking arm names new client advisers
November 22, 2024
Trump energy pick wrote ESG report hailing oil, gas, downplaying climate worry
November 22, 2024
DOGE may push for Fannie Mae and Freddie Mac sale, TD Cowen says
November 22, 2024
Greece stocks higher at close of trade; Athens General Composite up 0.28%
November 22, 2024
Piper Sandler downgrades solar co SunRun on concerns over cash flow generation
November 22, 2024
Sirius XM found liable in New York lawsuit over subscription cancellations
November 22, 2024
AbbVie, Nvidia Lead Friday’s Market Cap Stock Movers
November 22, 2024
Temu parent PDD extends decline after JP Morgan downgrades stock
November 22, 2024
US bars more food, metal imports over China’s alleged forced labor
November 22, 2024
US Supreme Court tosses case involving securities fraud suit against Facebook
November 22, 2024
Fed finds discount window stigma persistent post-crisis
November 22, 2024
New York Fed paper challenges notion of discount window stigma
November 22, 2024
EU ready to react to any renewed US trade tensions under Trump, ambassador says
November 22, 2024
US business activity gauge rises to 31-month high in November
November 22, 2024
Mexico not a backdoor for Chinese products, president Sheinbaum says
November 22, 2024
More ECB cuts are coming but Dec discussion must wait, Nagel says
November 22, 2024
Barclays raises Walmart price target on strong U.S. performance, flags FX headwind
November 22, 2024
Apple gears up to enhance Siri with ChatGPT-like features – Bloomberg
November 22, 2024
Bosch to axe 5,550 jobs in latest blow to German auto sector
November 22, 2024
Volkswagen labour representatives vote for limited strikes from early December
November 22, 2024
Gap, Ross Stores, Texas Pacific rise premarket;Intuit and Reddit fall
November 22, 2024
McDonald’s overhauls McValue menu for 2025
November 22, 2024
This strategist isn’t ‘convinced that Trump’s win is a net positive for US stocks’
November 22, 2024
US probes JPMorgan’s links with Iranian oil trader’s hedge fund, Bloomberg News reports
November 22, 2024
Swiss National Bank Chairman emphasizes flexibility in inflation approach
November 22, 2024
Honeywell to sell personal protective equipment business for $1.33 billion
November 22, 2024
Deutsche Bundesbank president Nagel advocates for a united Europe
November 22, 2024
Tariffs could hurt growth, boost inflation for all, Bundesbank chief warns
November 22, 2024
Canada retail sales grow see grow 0.4% in September led by food and beverage sector
November 22, 2024
Eurozone business activity contracts in November
November 22, 2024
Swiss National Bank chief stresses tackling inflation as main goal
November 22, 2024
Beyond B-loans? Development banks seek private money for climate change fight
November 22, 2024
Apple stock: Citi says all eyes are on iOS18.2 release in December
November 22, 2024
HSBC cuts Palo Alto rating on valuation concerns; stock down
November 22, 2024
Gap shares surge as upbeat sales expectations signal promising start to holiday season
November 22, 2024
UK regulator will consider probing Apple’s, Google’s mobile browsers
November 22, 2024
Games Workshop shares soar on trading update
November 22, 2024
Posted inEconomy

Scott Bessent’s rise through finance to the US Treasury

By Lawrence Delevingne (Reuters) – Investor Scott Bessent has spent his career in finance, working for macro investment billionaire George Soros and noted short seller Jim Chanos, as well as…
Continue Reading
Posted by November 24, 2024
Posted inStock

COP29 agrees deal to kick-start global carbon credit trading

By Virginia Furness, Kate Abnett and Simon Jessop BAKU (Reuters) – Countries agreed a deal at the COP29 climate conference on Saturday on rules for a global market to buy…
Continue Reading
Posted by November 23, 2024
Posted inStock

Goldman funds to take $900 million hit on Northvolt, FT reports

(Reuters) – Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed for Chapter 11 bankruptcy earlier this week, Britain’s Financial Times…
Continue Reading
Posted by November 23, 2024
Posted inEconomy

Adani Energy Solutions says no material impact from Kenya energy deal cancellation

(Reuters) – Adani Energy Solutions said on Saturday that Kenya’s cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock…
Continue Reading
Posted by November 23, 2024
Posted inEconomy

Is inflation gobbling up your Thanksgiving plans?

By Lauren Young This was originally published in the Reuters On the Money newsletter, where we share U.S. personal-finance tips and insights every other week. Sign up here to receive it for…
Continue Reading
Posted by November 23, 2024
Posted inStock

Bosch to cut hours for 10,000 workers in Germany

BERLIN (Reuters) – Robert Bosch (NS:BOSH), the world’s largest car parts supplier, will reduce the working hours and pay of around 10,000 employees in Germany, going beyond previously announced reductions…
Continue Reading
Posted by November 23, 2024
Elf Beauty says short-seller Muddy Waters’ allegations are ‘without merit’
Posted inStock

Elf Beauty says short-seller Muddy Waters’ allegations are ‘without merit’

(Reuters) – Elf Beauty said on Thursday allegations by short-seller Muddy Waters (NYSE:WAT) about the beauty company overstating its revenue and inventory numbers were “without merit”. Muddy Waters has taken…
Posted by November 21, 2024
Mercedes to cut costs by billions per year as China weakens – report
Posted inStock

Mercedes to cut costs by billions per year as China weakens – report

Investing.com — Mercedes-Benz (OTC:MBGAF) is taking steps to reduce costs by billions of euros annually in response to ongoing difficulties in the global automotive market, the Handelsblatt newspaper reported on…
Posted by November 21, 2024
Work one day for free, French asked in latest budget plan
Posted inEconomy

Work one day for free, French asked in latest budget plan

By Leigh Thomas PARIS (Reuters) – France’s national budget is so strained that lawmakers are pushing a proposal to make the French work an extra seven hours each year without…
Posted by November 21, 2024
South African central bank trims key rate but stresses tough backdrop
Posted inEconomy

South African central bank trims key rate but stresses tough backdrop

PRETORIA (Reuters) – South Africa’s central bank opted for another small cut to its main interest rate on Thursday, stressing the global economic backdrop was tough and the outlook highly…
Posted by November 21, 2024
Turkish job seekers losing hope amid painful economic rebalancing
Posted inEconomy

Turkish job seekers losing hope amid painful economic rebalancing

By Ezgi Erkoyun and Ceyda Caglayan ISTANBUL (Reuters) – Berkay Ucar has almost given up hope of finding work after his eight-month search only generated a few unsuccessful interviews. Living…
Posted by November 21, 2024
Turkey’s central bank holds key rate steady at 50%
Posted inEconomy

Turkey’s central bank holds key rate steady at 50%

ANKARA – The Central Bank of the Republic of Turkey announced its decision to maintain the one-week repo auction rate at 50 percent, adhering to its current monetary policy stance.…
Posted by November 21, 2024
Turkey’s central bank holds rate steady, market eyes December cut
Posted inEconomy

Turkey’s central bank holds rate steady, market eyes December cut

By Ezgi Erkoyun and Huseyin Hayatsever ISTANBUL (Reuters) -Turkey’s central bank held its policy rate steady at 50% on Thursday, as expected, and said it remained attentive to inflation risks,…
Posted by November 21, 2024
South African Reserve Bank cuts repurchase rate to 7.75%
Posted inEconomy

South African Reserve Bank cuts repurchase rate to 7.75%

PRETORIA – The South African Reserve Bank (SARB) has announced a reduction in the repurchase rate by 25 basis points to 7.75%, effective from November 22, 2024, as conveyed in…
Posted by November 21, 2024
Kenya cancels proposed deals with Adani Group after U.S. indictments
Posted inEconomy

Kenya cancels proposed deals with Adani Group after U.S. indictments

NAIROBI (Reuters) -Kenyan President William Ruto said on Thursday he had ordered the cancellation of a procurement process expected to hand control of the country’s main airport to India’s Adani…
Posted by November 21, 2024
Cardinal Farrell named administrator to address Vatican pension financial challenges
Posted inEconomy

Cardinal Farrell named administrator to address Vatican pension financial challenges

VATICAN CITY – In a decisive move to address the looming financial challenges of the Vatican’s Pension Fund, Pope Francis has appointed Cardinal Kevin Farrell as the Sole Administrator. The…
Posted by November 21, 2024

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