As US credit risk looms, former S&P officials see 2011 downgrade as vindicated
By Pete Schroeder WASHINGTON (Reuters) -As the United States stares at the risk of a credit downgrade, former Standard &…
Economy
Mexican economy grew for sixth consecutive quarter in Q1
(Reuters) – Mexico’s economy grew for the sixth quarter in a row in the first quarter, data from Latin America’s…
US core capital goods orders unexpectedly rebound in April
WASHINGTON (Reuters) – New orders for key U.S.-manufactured capital goods unexpectedly rebounded in April, raising cautious optimism that business spending…
Tipster on Ericsson won SEC’s largest ever whistleblower award of $279 million -WSJ
(Reuters) -The record $279 million whistleblower award issued by the U.S. Securities and Exchange Commission earlier this month stemmed from…
Brahman Capital shuts hedge fund as profits dry up – Bloomberg News
(Reuters) – New York-based investment management company Brahman Capital Corp is closing one of its equity hedge fund and returning…
Japan unveils policy blueprint featuring childcare, no mention of funding
By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) -Japan on Friday announced its mid-term economic policy framework, featuring Prime Minister…
China steel prices hit three-year low on demand woes
(Fixes related content links) BEIJING (Reuters) -Steel rebar prices in China hit their lowest in three years this week, underscoring…
Renault CEO says Euro 7 regulation distracting industry from electrification
MILAN (Reuters) – Renault’s chief executive said on Friday the European Union’s proposed Euro 7 emissions rules for vehicles would…
Dutch watchdog looking into alleged Tesla data breach
By Riham Alkousaa and Toby Sterling BERLIN/AMSTERDAM (Reuters) – The data protection watchdog for the Netherlands said on Friday it…
US money market funds see big inflows amid debt ceiling caution
(Reuters) – U.S. money market funds saw big inflows in the week to May 24 as investors favored safer bets…