(Reuters) – Global investors turned net buyers of equity funds in the week to June 28 as solid economic readings fuelled hopes of U.S. growth, while China’s policy measures to bolster its economy further boosted sentiment. According to Refinitiv Lipper data, global equity funds saw a net $2.81 billion in inflows after booking about $15.96…
HAMBURG (Reuters) – Ford has found what it described as a major international investor for the U.S. carmaker’s German plant in Saarlouis and has signed initial agreements together with the western state of Saarland, it said at a works meeting at the plant on Friday. “This is an excellent basis for further negotiations, with the…
A look at the day ahead in U.S. and global markets from Mike Dolan The glass appears half full at half time. The U.S. economy and markets look to be in rude health as they hit the midyear mark on Friday, with both stock prices and interest rates climbing in tandem and the dollar on…
By Hyunjoo Jin and Akash Sriram SAN FRANCISCO (Reuters) – Tesla is set to report record vehicle deliveries, after the top electric vehicle maker increased discounts and other incentives to boost sales in the face of economic uncertainty and rising competition. Tesla is expected as early as this weekend to report global deliveries of 445,000…
(Reuters) – A severe storm that hit a Mercedes-Benz plant in the central German city of Kassel last week is estimated to have caused damage in the mid-double-digit-million euro range, said Daimler Truck in a statement on Friday. The June 22 storm and flooding that followed damaged roofs, buildings and offices at the plant, which…
KYIV (Reuters) – Ukrainian troops are advancing in all directions of their counteroffensive against occupying Russian forces, a senior defence official said on Friday. Since the start of the counteroffensive this month, Ukraine says it has reasserted control over clusters of villages in the southeast although Russia still holds swathes of territory in the east,…
PARIS (Reuters) – MG Motor, owned by Chinese company SAIC Motor, on Friday announced a new leasing offer whereby drivers in France can get for 99 euros ($107.6) a month its MG4 electric car, matching a scheme the French government would like to see benefiting cars made in Europe. The offer runs from July 1…
STOCKHOLM (Reuters) – Sweden’s prime minister said on Friday his Hungarian counterpart had assured him that Budapest would not delay the Nordic country’s NATO accession, following reports that Hungary’s parliament would delay a ratification of the membership. Sweden applied last year to join NATO following Russia’s invasion of Ukraine but Turkey and Hungary have so…
KYIV (Reuters) – Russia is gradually reducing the number of personnel at the occupied Zaporizhzhia nuclear power station in southern Ukraine, Ukraine’s military intelligence agency said on Friday. It did not say why some people had left and Reuters could not independently verify the information. Russia, which has occupied the plant since March 2022, did…
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON/NEW YORK/HONG KONG (Reuters) -For hedge funds, the second half of 2023 is all about pouncing on the ways in which inflation, aggressive rate hikes and decarbonisation are shaping the economy. Major central banks have collectively raised rates by more than 3,750 basis points since September 2021,…
