Cash assets under management reach ‘monster $7.8tn’ – BofA
By Lucy Raitano LONDON (Reuters) – Investors globally ploughed more money into cash funds in the week to Wednesday, with…
Business
Factbox-European companies cut jobs as economy sputters
(Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring…
Fisker misses second-quarter production target due to parts shortage
(Reuters) – Fisker missed its production target for the second quarter due to shortage of components, the electric vehicle startup…
Factbox: China’s major germanium and gallium producers
BEIJING (Reuters) – China has announced export restrictions to take effect from Aug. 1 on some gallium and germanium products,…
Crypto exchange Binance hit by executive exodus
By Tom Wilson and Jaiveer Shekhawat (Reuters) -A string of executives have quit Binance, according to their tweets and media…
China’s Alibaba and Huawei add products to AI frenzy
By Josh Ye and David Kirton HONG KONG (Reuters) -Alibaba Group Holdings and Huawei Technologies Co on Friday showcased new…
Marketmind: Data-hit bond markets end summer lull
A look at the day ahead in U.S. and global markets from Mike Dolan The seeming serenity of June markets…
Analysis: Decades of US corn export dominance fade as Brazil seizes top supplier crown
By Karl Plume CHICAGO (Reuters) – U.S. corn export dominance is fading in an increasingly competitive global marketplace as Brazil,…
China’s Xi urges greater innovation amid tech curbs from US
BEIJING (Reuters) – China’s President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for…
Twitter threatens to sue Meta over Threads platform
By Jody Godoy (Reuters) -Twitter has threatened to sue Meta Platforms over its new Threads platform in a letter sent…