May 16, 2023 | Business, Economy, US
By Chibuike Oguh, Niket Nishant and Chuck Mikolajczak (Reuters) -Shares of Capital One Financial Corp rose on Tuesday, rebounding from two weeks of losses after billionaire investor Warren Buffett’s Berkshire Hathaway Inc disclosed it had taken a stake of nearly...
May 16, 2023 | Business, Economy, US
(This May 15 story has been corrected to say ‘million,’ not ‘billion,’ in paragraph 8) By Carolina Mandl SAO PAULO (Reuters) – Bridgewater Associates, one of the world’s largest hedge funds, sold U.S. bank stocks in the first...
May 15, 2023 | Business, Economy, Europe, Middle East, UK, US
By Shariq Khan BENGALURU (Reuters) -Oil prices rose a dollar a barrel on Monday after three straight sessions of declines, boosted by the prospect of tightening supplies in Canada and elsewhere, although recession fears kept pressuring the market. Brent crude futures...
May 15, 2023 | Asia, Business, Economy, Europe, Politics, US
PARIS (Reuters) – US electric car manufacturer Tesla will make significant investments in France, its CEO Elon Musk said in Versailles on Monday, adding that he could not give a timetable. Asked after a meeting with French President Emmanuel Macron whether Tesla...
May 14, 2023 | Economy, US
By Jamie McGeever ORLANDO, Florida (Reuters) – There’s a large swathe of the investment community convinced that 2023 will be a solid year for U.S. Treasuries as falling inflation and likely recession prompt the Fed to cut interest rates, but hedge funds...
May 14, 2023 | Asia, Business, Economy, US
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Major economic data from China and Japan, and a central bank rate decision from the Philippines could be the main regional drivers for Asian markets this week, with...
