Stellantis invests more than $100 million in California lithium project
By Ernest Scheyder (Reuters) – Automaker Stellantis said it would invest more than $100 million in California’s Controlled Thermal Resources,…
August 2023
Marketmind: Accelerating US economy sideswipes markets
A look at the day ahead in U.S. and global markets from Mike Dolan Far from the recession forecasts of…
Norway central bank raises rate to 4.0%, eyes September hike
By Gwladys Fouche and Terje Solsvik ARENDAL, Norway (Reuters) -Norway’s central bank raised its benchmark interest rate by 25 basis…
South Korea’s Yoon heads to US for summit with Biden, Kishida
By Soo-hyang Choi SEOUL (Reuters) – South Korean President Yoon Suk Yeol departed for the United States on Thursday for…
Analysis-Israel-Hezbollah tensions elevate risks of conflict
By James Mackenzie, Dan Williams, Maya Gebeily and Laila Bassam JERUSALEM/BEIRUT (Reuters) – An escalating war of words between Israel…
Exclusive-China’s state banks seen selling dollars for yuan in London and New York hours
SHANGHAI (Reuters) -China’s major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore…
With a Gallic shrug, Fed bids adieu to the recession that wasn’t
By Howard Schneider, Indradip Ghosh WASHINGTON (Reuters) -Blame it on economic theory not matching reality, groupthink among forecasters, or political…
Philippines central bank keeps rates steady, but ready to resume hikes if needed
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) -The Philippine central bank left its benchmark interest rate steady…
Hindenburg target Freedom Holding to keep working with non-sanctioned Russians
By Mariya Gordeyeva ALMATY (Reuters) – Kazakhstan-based Freedom Holding, the latest target of Hindenburg Research, plans to keep working with…
Goldman Sachs used derivatives to help Exor build $2.8 billion Philips stake, filings show
By Toby Sterling, Pablo Mayo Cerqueiro and Andres Gonzalez AMSTERDAM (Reuters) – Investment company Exor was able to build a…