© Reuters. FILE PHOTO: A man stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes in Shanghai By Ritvik Carvalho LONDON (Reuters) – Global stock markets rose on Tuesday as investors shook off worries about a hedge fund default that hit international banking stocks overnight and remained focused on the…
LONDON (Reuters) – Liberty Steel owner Sanjeev Gupta said he had huge interest from financiers willing to refinance billions of dollars in debt owed to failed lender Greensill Capital and cautioned creditors against pulling the plug and destroying thousands of jobs.“Actually we have a huge amount of interest from new financiers who are willing to…
March 30 (Reuters) – Top asset manager BlackRock Inc on Tuesday will name Paul Bodnar as Global Head of Sustainable Investing, a company spokesman said, bringing in an outsider to develop new products and to integrate environmental, social and governance factors into its investment process.Bodnar has been chief strategy officer at the Rocky Mountain Institute,…
* Dollar edges toward 110 yen in best month since 2016 * Euro languishes below $1.18 as pandemic fight sputters * Bitcoin buoyed as Visa latest to back cryptocurrencies * Graphic: World FX rates tmsnrt.rs/2RBWI5E By Kevin Buckland TOKYO, March 30 (Reuters) – The dollar climbed to a one-year high against the yen on Tuesday…
(Reuters) – The S&P 500 and Nasdaq rose on Wednesday, boosted by gains in technology shares, and the three major Wall Street indexes registered their fourth straight quarterly rise as investors positioned themselves for President Joe Biden’s massive infrastructure plan.Bets on a strong economic rebound supported Wall Street during the quarter even as jitters cropped…
LONDON, March 31 (Reuters) – British trade minister Liz Truss told G7 ministers that unfair industrial subsidies need to be stamped out, and World Trade Organization rules properly enforced.“We need to reform the dispute settlement system, stamp out unfair industrial subsidies and make sure everybody – large or small – is following the rules and…
No results matched your search EconomyMar 26, 2021 02:00PM ET 3/3 © Reuters. FILE PHOTO: Chicago Federal Reserve Bank President Charles Evans looks on during the Global Interdependence Center Members Delegation Event in Mexico City 2/3 By Ann Saphir (Reuters) – Federal Reserve policymakers once pointed to Japan as the posterchild for what can go…
By Reuters Staff1 Min Read(Repeats with no changes to text)BERLIN, March 30 (Reuters) – Germany’s annual consumer price inflation accelerated in March to surpass the European Central Bank’s target of close to but below 2%, the Federal Statistics Office said on Tuesday.Consumer prices, harmonised to make them comparable with inflation data from other European Union…
No results matched your search EconomyMar 30, 2021 05:41PM ET © Reuters. FILE PHOTO: A person walks past 888 7th Ave, a building that reportedly houses Archegos Capital in New York City By Michelle Price and Katanga Johnson WASHINGTON (Reuters) – The implosion of New York-based Archegos Capital Management and the resulting losses for global…
TOKYO, April 1 (Reuters) – Japanese stocks rose on Thursday, as investors snapped up shares of semiconductor-related companies on the first day of the new fiscal year on hopes for robust corporate earnings.The Nikkei 225 Index ended up 0.72% at 29,388.87, while the broader Topix rose 0.19% to 1,957.64.The technology sector led the advance after…
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