© Reuters. FILE PHOTO: Demonstrators shout slogans against Sri Lanka’s President Gotabaya Rajapaksa, near the Presidential Secretariat, amid the country’s economic crisis, in Colombo, Sri Lanka, April 23, 2022. REUTERS/Navesh Chitrakar/File Photo (Reuters) – Sri Lanka must tighten monetary policy, raise tax and adopt flexible exchange rates to address its debt crisis, a senior International…
© Reuters. FILE PHOTO: Federal Reserve Board Governor Lael Brainard testifies before a Senate Banking Committee hearing on her nomination to be vice-chair of the Federal Reserve, on Capitol Hill in Washington, U.S., January 13, 2022. REUTERS/Elizabeth Frantz By David Morgan and Ann Saphir (Reuters) -Lael Brainard, one of President Joe Biden’s four nominees to…
© Reuters. FILE PHOTO: A truck driver stands next to his truck as he gets ready to transport a shipping container at Pusan Newport Terminal in Busan, South Korea, July 1, 2021. REUTERS/Kim Hong-Ji By Jihoon Lee SEOUL (Reuters) -South Korea’s economic growth nearly halved in the first quarter from the preceding three months on…
Share to FacebookShare to TwitterShare to LinkedinTopline Twitter is re-examining Elon Musk’s offer to buy the social media company and has grown more willing to negotiate with the billionaire, the Wall Street Journal reported Sunday, days after the Tesla CEO announced he had secured $46.5 billion in financing for the purchase. Elon Musk gestures as…
Updated at 11:28 am EST U.S. stocks slumped lower Monday, while the dollar soared and oil prices retreated sharply, as investors pulled back from risk markets amid a renewal of Covid restrictions in China and concerns over the impact on consumer demand from the Federal Reserve’s hawkish inflation stance. Officials in China ordered millions of…
Updated at 9:41 am EST Twitter (TWTR) – Get Twitter, Inc. Report shares jumped higher Monday amid reports that executives on the board of the social media group have started takeover talks with billionaire Tesla (TSLA) – Get Tesla Inc Report CEO Elon Musk. Musk, who made an unsolicited $43 billion offer to take the company private…
© Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon By Leika Kihara TOKYO (Reuters) – The Bank of Japan is set to maintain ultra-low interest rates on Thursday and hold off from major…
© Reuters. FILE PHOTO: An ingot of 99.99 percent pure gold is cast at the Krastsvetmet non-ferrous metals plant in the Siberian city of Krasnoyarsk, Russia March 10, 2022. REUTERS/Alexander Manzyuk By Bharat Gautam (Reuters) – Gold prices fell on Monday to their lowest in four weeks, as bets for an increasingly aggressive and hawkish…
© Reuters. FILE PHOTO: A woman shops for cooking oil made from oil palms at a supermarket in Jakarta, Indonesia, March 27, 2022. REUTERS/Willy Kurniawan (Reuters) -Indonesia’s plan to ban palm oil exports will deal a blow to the world’s top food and consumer products companies including Unilever (NYSE:UL), Procter & Gamble (NYSE:PG) and Nestle.…
WASHINGTON – French President Emmanuel Macron cruised to a second term Sunday, beating back a stronger-than-expected challenge from a far-right populist who has attacked the European Union and NATO and expressed support for Russia.“I am no longer the candidate of one side, but instead the president for all,” Macron told cheering supporters who gathered near…
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