Fed’s Barkin: Bank Deposit Flows “stable,” Inflation Still “hot”
By Howard Schneider RICHMOND, Virginia (Reuters) – Deposit flows in U.S. banks appear “relatively stable,” while inflation remains too high…
March 2023
Tesla Misses Big On Solar-roof Installation Targets – Wood Mackenzie
By Akash Sriram (Reuters) – Elon Musk-led Tesla Inc has missed its solar-roof installation targets by a big margin due…
Russian Carmaker Avtovaz Brings Forward Holiday Shutdown Amid Component Shortage
MOSCOW (Reuters) – Russia’s largest carmaker, Avtovaz, said on Thursday that it was bringing forward an annual three-week company summer…
Oil Rises On U.S. Crude Draw And Iraqi Supply Risks
By Rowena Edwards LONDON (Reuters) -Oil prices rose on Thursday as a surprise drop in U.S. crude stockpiles and a…
US Weekly Jobless Claims Rise Moderately; Fourth-quarter GDP Trimmed
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits rose moderately last week, showing no signs…
Oil Rises On U.S. Crude Draw, Iraqi Supply Risks
By Rowena Edwards LONDON (Reuters) -Oil prices rose on Thursday as a surprise drop in U.S. crude stockpiles and a…
Shorting global banks fetches $14.3 billion in paper profit in March – S3 Partners
(Reuters) – Short sellers made $14.3 billion in paper profit from their bearish bets on global banking stocks in March, according…
Founders Of AI Company NtechLab Say They Resigned Over Projects In Russia
By Lena Masri (Reuters) – The founders of artificial intelligence company NtechLab said they resigned over disagreements with the company’s…
‘FIFA’ Publisher EA To Cut 6% Of Workforce, Reduce Office Space
(This March 29 story has been corrected to say ‘latest major videogame publisher’ instead of first in paragraph 1) (Reuters)…
Analysis-Hiring Spree By China’s Debt-laden Local Governments Fuels Fiscal Fears
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) – Some of China’s most indebted local governments are on a…