(Refiles to fix typos in paragraphs 10 and 13) By Echo Wang and Lance Tupper NEW YORK (Reuters) – A flurry of stock sales by companies points to a likely wave of initial public offerings launching come September, potentially marking the end of a weak market for debuts that has persisted for a year and…
(Reuters) -A submersible vessel taking tourists on a deep ocean journey to view the wreckage of the Titanic has been missing since Sunday. One pilot and four passengers are aboard. Here is a look at the situation as rescuers search an area the size of the state of Connecticut — or about half the size…
By Sarupya Ganguly BENGALURU (Reuters) – U.S. bond markets are already pricing beyond expected Federal Reserve interest rate hikes in coming months, with strategists polled by Reuters forecasting short-dated yields to fall sharply and most saying they will not revisit the year’s highs. Since reaching a high of 5.08% on March 8 after hawkish testimony…
(Adds graphic) By Aditi Shah and Tim Hepher NEW DELHI/PARIS (Reuters) – Record plane orders by India’s top two carriers show the country’s untapped potential for air travel and its rise as an aviation superpower, but recent airline failures and rows over regulations suggest progress may not be smooth. Indian budget airline IndiGo announced at…
LONDON (Reuters) – Britain, the United States and the European Union pledged billions of dollars of extra help to rebuild Ukraine on Wednesday. Below are the details of some of the commitments made in connection with the Ukraine Recovery Conference in London. EUROPEAN UNION The EU said on Tuesday it would provide Ukraine with 50…
MOSCOW (Reuters) -Russia said on Wednesday that U.S. President Joe Biden’s reference to his Chinese counterpart Xi Jinping as a dictator showed U.S. foreign policy was inconsistent and erratic. At a fundraiser in California on Tuesday, Biden discussed a a Chinese spy balloon the United States shot down earlier this year, saying Xi had become…
By Hyunjoo Jin and Shivangi Acharya SAN FRANCISCO/NEW DELHI (Reuters) -Tesla chief executive Elon Musk said India’s Prime Minister Narendra Modi was pushing the car maker to make a “significant investment” in the country, adding that such an announcement was expected soon. His comments came after a meeting with Modi on Tuesday during the Indian…
By John Irish, Elizabeth Pineau and Bate Felix PARIS/DAKAR (Reuters) – After armed men killed nine Chinese nationals at a gold mine in Central African Republic in March, a video circulated on the internet saying France had secretly ordered the attack and planned to discredit Russian mercenary group Wagner in the country. In the video,…
A look at the day ahead in U.S. and global markets from Mike Dolan The Fed chair has a tricky message to communicate. Jerome Powell’s testimony to Congress later on Wednesday will flesh out how the Federal Reserve chief rationalises last week’s pause in its 15-month rate hike campaign – even though the central bank…
By Davide Barbuscia NEW YORK (Reuters) – An expected surge in Treasury bill issuance could throw a wrench into the gears of hedge fund trades that have resulted in record short positions, potentially disrupting bond markets if speculators quickly unwind their holdings. In recent weeks, hedge funds have taken significant short leveraged positions in some…
