Business leaders left in limbo by rate hike impact lag
By Leigh Thomas and Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) -An unusually long lag in the time interest rate hikes are…
Year: 2023
Canadian port strike talks resume, supported by federal mediators
TORONTO (Reuters) – Talks in Pacific Canada between striking dock workers and their employers have resumed after four days away…
Saudi National Bank was denied taking 40% Credit Suisse stake -report
VIENNA (Reuters) – Saudi National Bank wanted to increase its stake in Credit Suisse to around 40% from 9.88%, but…
Yellen sees ‘progress’ in rocky US-China ties, expects more communication
By Andrea Shalal BEIJING (Reuters) -U.S. Treasury Secretary Janet Yellen said 10 hours of meetings with senior Chinese officials in…
As earnings loom, investors weigh recession resilience
By David Randall NEW YORK (Reuters) -As second-quarter earnings approach, investors are looking at beaten-down sectors which might gain ground…
France upbeat on attracting major Tesla investment – Le Maire
PARIS (Reuters) – French Finance Minister Bruno Le Maire on Sunday said he was “very hopeful” Tesla Chief Executive Elon…
Top US-China exchanges since Biden took office
(Reuters) – U.S. Treasury Secretary Janet Yellen said on Sunday she believes China and the U.S. have made some progress…
Fedex Poised to Move
There has been an interesting development in relation to FedEx (NYSE: FDX) as a wealthy individual or institution has taken…
Yellen urges US-China cooperation on economy, climate
By Andrea Shalal BEIJING (Reuters) – U.S. Treasury Secretary Janet Yellen on Saturday urged closer communication between China and the…
‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns
By Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) – A “Chinese storm” is looming over Europe’s growing electric vehicle (EV) sector, Renault…