by iwd | May 16, 2024 | General
By Francesco GuarascioHANOI (Reuters) – As the United States intensifies efforts to reduce trade with China by hiking tariffs, it has greatly boosted imports from Vietnam, which relies on Chinese input for much of its exports, data show.The surge in the...
by iwd | May 16, 2024 | Business
By Saqib Iqbal AhmedNEW YORK (Reuters) – U.S. stocks are at fresh records, bitcoin is soaring and investors are spurning insurance against portfolio declines as evidence that the economy is headed for a so-called soft landing whets market participants’...
by iwd | May 16, 2024 | Business
(Reuters) – The sports-streaming service set to be launched by Walt Disney Co, Warner Bros Discovery and Fox Corp will be called Venu Sports and is on track for launch this fall, Pete Distad, the venture’s CEO, said on Thursday.Announced in February, the...
by iwd | May 16, 2024 | General
(Reuters) – The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) said on Thursday it is looking whether more regulations are needed to prevent money laundering and illicit finance. Closing legal and regulatory gaps is a top...
by iwd | May 15, 2024 | General
By Libby GeorgeLONDON (Reuters) – Two wars and high borrowing costs have trimmed expected growth in countries covered by the European Bank for Reconstruction and Development (EBRD), the bank said in a semi-annual report released on Wednesday. The EBRD, which...
by iwd | May 15, 2024 | General
By David ShepardsonWASHINGTON (Reuters) – The U.S. Coast Guard said it is evaluating whether other bridges nationwide are at risk after a cargo ship crashed into the Francis Scott Key Bridge in Baltimore in March, killing six people and destroying the Patapsco...
by iwd | May 15, 2024 | Business
By Ankika Biswas and Johann M Cherian(Reuters) – The recent surge in bitcoin prices has the phones at crypto wallet recovery firms ringing off the hook, as retail investors locked out of their digital vaults make frantic calls to regain access to their...
by iwd | May 15, 2024 | Business
By Saqib Iqbal Ahmed and David RandallNEW YORK (Reuters) – Meme stocks are soaring again, delighting fans, frustrating detractors and showing Wall Street that the social media force behind the wild GameStop rally in 2021 is still going strong.The American video...
by iwd | May 14, 2024 | General
(Reuters) – Israel and Hamas have been waging war since gunmen from the Palestinian militant group went on the rampage in southern Israel on Oct. 7, killing 1,200 people and capturing 253 hostages. Israel responded with a military campaign in which more than...
by iwd | May 14, 2024 | General
By Lewis KrauskopfNEW YORK (Reuters) – Investors’ newfound optimism on the U.S. economy faces an important test on Wednesday, with consumer price data set to show whether the soft landing hopes that have fueled recent gains in equities are justified. Investors’...