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Category: Economy

Yellen ‘eager’ to work with China on debt, other global challenges
AfricaAsiaBusinessEconomyEnvironmentEuropePoliticsTop News

Yellen ‘eager’ to work with China on debt, other global challenges

By David Lawder and Aftab Ahmed GANDHINAGAR, India (Reuters) -U.S. Treasury Secretary Janet Yellen said on Sunday she was “eager”…

July 16, 2023July 16, 2023
Bitcoin hovers near 13-month high as investors cheer Ripple ruling
BusinessEconomyEuropeTechnology

Bitcoin hovers near 13-month high as investors cheer Ripple ruling

By Tom Westbrook, Rae Wee and Hannah Lang SINGAPORE/WASHINGTON (Reuters) – Bitcoin was hovering near its highest so far this…

July 14, 2023July 14, 2023
Chevron opted to buy vs build US LNG processing – gas executive
BusinessEconomyEuropeUKUS

Chevron opted to buy vs build US LNG processing – gas executive

(Corrects 2nd paragraph to make it “June 2022” instead of “last month”) By Curtis Williams (Reuters) – Chevron Corp is…

July 14, 2023July 15, 2023
Biden forgives $39 billion in US student debt using program tweak
EconomyPoliticsTop NewsUS

Biden forgives $39 billion in US student debt using program tweak

WASHINGTON (Reuters) -U.S. President Joe Biden’s administration will cancel $39 billion in student debt for more than 804,000 borrowers, the…

July 14, 2023July 14, 2023
Hedge funds rush to unwind bearish stock positions
BusinessEconomyUS

Hedge funds rush to unwind bearish stock positions

By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Global hedge funds rushed to unwind bets that U.S.-listed stocks…

July 14, 2023July 15, 2023
JPMorgan’s profit surges to record after First Republic deal
BusinessEconomy

JPMorgan’s profit surges to record after First Republic deal

By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase beat Wall Street estimates for the second-quarter with record profit even…

July 14, 2023July 14, 2023
Canopy Growth signs agreements to reduce debt amid liquidity crisis
BusinessCanadaEconomy

Canopy Growth signs agreements to reduce debt amid liquidity crisis

(Reuters) – Pot producer Canopy Growth has signed agreements with lenders to reduce its debt by C$437 million ($333.36 million)…

July 14, 2023July 14, 2023
BusinessEconomy

Shell Sparks Interest Among Traders

  A significant player with considerable resources has recently taken a bullish position on Shell (NYSE:SHEL), which is crucial information…

July 13, 2023January 29, 2025
Fed’s Waller eyes July rate rise, and another hike before year ends
BusinessEconomyUS

Fed’s Waller eyes July rate rise, and another hike before year ends

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said Thursday he’s not ready to call an…

July 13, 2023July 13, 2023
Amazon’s ‘biggest ever’ Prime Day boosts US online sales to $12.7 billion
BusinessEconomyTechnologyTop NewsUS

Amazon’s ‘biggest ever’ Prime Day boosts US online sales to $12.7 billion

By Granth Vanaik (Reuters) -U.S. online sales during Amazon.com’s Prime Day shopping event rose 6.1% to $12.7 billion from last…

July 13, 2023July 13, 2023

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