Putin says existing BRICS infrastructure is enough for cross-border payments
KAZAN, Russia (Reuters) – Cross-border payments for trade between BRICS countries are experiencing problems, but there are no plans to…
Category: Economy
China boosts export controls on dual use items, state media says
BEIJING (Reuters) – Chinese Premier Li Qiang has signed a decree of the State Council to unveil regulations on export…
China may raise $850 billion in new debt over three years to spur growth, says report
By Kevin Yao and Liangping Gao BEIJING (Reuters) – China may raise an additional 6 trillion yuan ($850 billion) from…
Progressive’s quarterly profit more than doubles on strong insurance demand
(Reuters) – Progressive Corp said on Tuesday its third-quarter profit more than doubled, driven by strong demand for personal auto…
Top BRICS economic officials stay away from Moscow meeting
By Gleb Bryanski MOSCOW (Reuters) – Most finance ministers and central bank chiefs from the BRICS group of countries did…
Texas Stock Exchange moves closer to launch with leadership team, board
By Laura Matthews and Suzanne McGee NEW YORK (Reuters) – The Texas Stock Exchange, which is planning to launch next…
Obesity drug developer BioAge Labs aims up to $640 million valuation in upsized US IPO
(Reuters) -BioAge Labs is eyeing a valuation of up to $639.7 million in its upsized initial public offering in the…
MBX Biosciences seeks up to $482.5 million valuation in US IPO
(Reuters) – MBX Biosciences, which is developing peptide therapies for treating endocrine and metabolic disorders, including obesity, said on Monday…
Yields surge as data renews economic confidence
(In Aug 15 story, corrects typo in firm name in paragraph 10 to “+” from “&”) By Alden Bentley NEW…
Mpox-linked stocks extend rally into second week
(Reuters) – Shares of some mpox vaccine and drug developers jumped sharply on Monday in premarket trading, putting them on…