IMF sees ‘pockets of resilience’, slowing momentum in global economy
By David Lawder WASHINGTON (Reuters) -The International Monetary Fund said on Thursday that first quarter global growth slightly outpaced projections…
Economy
Oil prices up, hit nearly 3-month high as US inflation eases
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose over 1% on Thursday to their highest in nearly three…
Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy
By Jane Lanhee Lee and Eduardo Baptista (Reuters) – The sale of struggling Silicon Valley startup zGlue’s patents in 2021…
AI startups bringing dollars but lean workforces to ailing San Francisco
By Anna Tong SAN FRANCISCO (Reuters) – In a frenzy unseen since the birth of social media in the early 2000s,…
U.S. Treasury posts sharply higher $228 billion June deficit
By David Lawder WASHINGTON (Reuters) – The U.S. government posted a $228 billion budget deficit for June, up 156% from…
Goldman Sachs is about to report its worst quarterly earnings in years – Semafor
(Reuters) – Goldman Sachs will report its worst quarterly earnings in years next week, with a return on equity in…
EU bank unveils new fund worth 400 million euros to help rebuild Ukraine
By Gabriela Baczynska BRUSSELS (Reuters) – The European Union’s lending arm on Thursday unveiled a new fund worth 400 million…
Swiss parliament starts investigation into Credit Suisse collapse
By Noele Illien and John Revill BERN (Reuters) -A Swiss parliamentary investigation into the role played by state institutions in…
NextDecade shares fall 23% as LNG project funding disappoints investors
(Reuters) – NextDecade Corp shares fell 23% on Thursday on investor worries over the terms of $18.4 billion financing the…
Viasat shares near record daily plunge after satellite fails to deploy
By Chibuike Oguh NEW YORK (Reuters) – Shares in Viasat plunged by as much as 36% to about a one-year…