US manufacturing shows signs of stabilizing at lower levels in July, ISM says
WASHINGTON (Reuters) – U.S. manufacturing appeared to stabilize at weaker levels in July amid a gradual improvement in new orders,…
2023
Crypto stocks dip after bitcoin slumps to six-week low
(Reuters) – Shares of cryptocurrency and blockchain related companies fell in early trading hours on Tuesday, as bitcoin hit a…
China vows lower business financing costs, support for property sector in H2
BEIJING (Reuters) – China will lower financing costs for firms, stabilise market expectations and support the property sector in coming…
KKR open to leave Italy in control of TIM’s submarine cable unit, sources say
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – KKR is open to leaving Italy in full control of Telecom…
Billionaire investor Loeb cuts bearish bets to avoid short squeezes-letter
By Nell Mackenzie LONDON (Reuters) – Billionaire investor Daniel Loeb has reduced the size of short bets on single named…
Ford revs up electric truck output, testing mainstream EV demand
By Joseph White DETROIT (Reuters) – Ford said Tuesday it has restarted assembly of its F-150 Lightning electric truck and…
Meta to seek user consent for targeted ads in the EU
DUBLIN (Reuters) – Meta intends to ask users in the European Union for their consent before allowing businesses to target…
HSBC rides rising rates to double its income, launches $2 billion share buyback
By Lawrence White and Selena Li LONDON/HONG KONG (Reuters) -HSBC Holdings raised its key profitability target and announced a fresh…
Uranium price ticks up after Niger coup, more gains expected
By Eric Onstad LONDON (Reuters) – The price of uranium has risen only slightly since a military coup in Niger…
Canadian factory activity slows for third straight month in July
By Fergal Smith TORONTO (Reuters) – Canada’s manufacturing sector contracted for the third straight month in July as an uncertain…