EXPLAINER: Recession fears grow. But how high is the risk?
WASHINGTON (AP) — Inflation is at a 40-year high. Stock prices are sinking. The Federal Reserve is making borrowing much…
May 9, 2022
BlackRock Cuts Back On China Exposure On Macro, Geopolitical Concerns
LONDON (Reuters) – BlackRock trimmed its exposure to Chinese stocks and government bonds, and Asian fixed income more widely, to…
Exclusive-Hyundai Plans U.S. EV Plant, In Talks With Georgia – Sources
By Heekyong Yang and Ben Klayman SEOUL/DETROIT (Reuters) -Hyundai Motor Co plans to build a new electric-vehicle manufacturing plant in…
Exclusive-Carlyle To Acquire NSM Insurance From White Mountains In $1.78 Billion Deal
By Chibuike Oguh (Reuters) -Private equity firm Carlyle Group Inc told Reuters on Monday it has agreed to acquire U.S….
Bitcoin Falls To 10-month Low As Stock Markets Tumble
By Alun John and Elizabeth Howcroft HONG KONG / LONDON (Reuters) – Bitcoin fell to its lowest level since July…
BoE’s Saunders Worries Inflation Will Be Higher Than Forecasts
By David Milliken and William Schomberg LONDON (Reuters) -Bank of England policymaker Michael Saunders, who called in vain for a…
AerCap CEO Says Boeing Will ‘bounce Back’
DUBLIN (Reuters) – The head of the world’s largest aircraft leasing company threw his weight behind Boeing on Monday and…
Breast cancer survivor and lingerie designer shatters taboos
NEW YORK (AP) — When Dana Donofree had a bilateral mastectomy and implant reconstruction after her breast cancer diagnosis in…
Renault CEO – Decision On Russian Operations To Come In Weeks
By Nick Carey and Gilles Guillaume LONDON (Reuters) -Renault’s top executive said on Monday that the carmaker will decide in…
Wall St Slides At Open As Rising Bond Yields Hit Growth Stocks
(Reuters) – Wall Street’s major indexes opened lower on Monday as rising U.S. Treasury yields amid prospects of aggressive monetary…