Take Five: Recession Talk Justified? Follow The Data
A deluge of data from across major economies comes at a pivotal moment in the debate over whether central banks…
May 2022
Bitcoin Set For Record Losing Streak After ‘stablecoin’ Collapse
By Alun John and Elizabeth Howcroft SINGAPORE/HONG KONG/LONDON (Reuters) – Cryptocurrencies nursed large losses on Friday, with bitcoin just above…
Musk puts Twitter buy ‘on hold,’ casting doubt on $44B deal
DETROIT (AP) — Tesla billionaire Elon Musk has put his plan to buy Twitter on what he called a temporary…
Musk Says $44-billion Twitter Deal Temporarily On Hold
(Reuters) -Elon Musk said on Friday his $44-billion deal for Twitter Inc was temporarily on hold, citing pending details on…
Japan’s Honda sees profit slide on chips, material cost woes
TOKYO (AP) — Honda’s fiscal fourth quarter profit slipped to almost half of what the Japanese automaker earned the previous…
Global Equity Funds See Massive Outflows On Slowdown Fears
(Reuters) – Global equity funds witnessed a surge in outflows in the week ended May 11, as fears of an…
Oil Rises But Set For Weekly Drop As Fears Of Weaker Demand Limit Gains
By Noah Browning LONDON (Reuters) -Oil prices rose on Friday but were headed for their first weekly loss in three…
Euro Bounces Off Lows But Heads For Big Weekly Loss
LONDON (Reuters) – The euro edged off five-year lows to rise back above $1.04 on Friday, but it is headed…
Ukraine asks G7 to step up arms supply, pressure on Russia
WEISSENHAUS, Germany (AP) — Ukraine’s foreign minister said Friday that his country is willing to engage in diplomatic talks with…
China Looks To Spur Job Prospects For Record Number Of New Graduates
BEIJING (Reuters) -China will offer subsidies, tax breaks and easier loans to boost prospects for college graduates, the cabinet said…