EV maker Lordstown plans to sue Foxconn over funding dispute
(Reuters) – Lordstown Motors said on Friday it plans to take legal action against investor Foxconn to ensure that the…
Economy
Investors pile into cash, bonds ahead of key rate decisions-BofA
By Samuel Indyk LONDON (Reuters) – Investors poured money into cash and bonds in the week to Wednesday, according to…
China’s central bank upbeat on Q2 GDP growth, confident on 2023 targets
BEIJING (Reuters) -China’s economic growth is expected to be “relatively high” in the second quarter compared to the prior year,…
Whoosh! Global equity funds see biggest weekly outflows in 12 weeks
(Reuters) – Global equity funds posted outflows for the eighth consecutive week in the seven days leading up to June…
Marketmind: Wall St ‘bull’, China deflation
A look at the day ahead in U.S. and global markets from Mike Dolan As S&P500 stocks clock their highest…
Swiss government says it has reached agreement with UBS on loss guarantees
ZURICH (Reuters) – The Swiss government has signed an agreement with UBS to cover up to 9 billion Swiss francs…
BOJ’s Ueda flags shift in corporate pricing, upward inflation bias
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the country’s corporate price-setting behaviour was showing changes…
AstraZeneca signs $2 billion agreement with Quell to develop cell therapies
(Reuters) – AstraZeneca said on Friday it had signed an agreement with Quell Therapeutics potentially worth more than $2 billion…
China’s May new yuan loans seen rebounding: Reuters poll
BEIJING (Reuters) – China’s new yuan loans are expected to have rebounded in May after a sharp drop in April,…
Erdogan names Erkan to head Turkey central bank, policy pivot expected
By Daren Butler and Jonathan Spicer ISTANBUL (Reuters) -President Tayyip Erdogan on Friday appointed Hafize Gaye Erkan, a finance executive…