Investors buy Chinese stocks for the first time in almost two months
NEW YORK/LONDON (Reuters) – Global hedge funds added more Chinese stocks to their portfolios than they sold in recent days…
Fed’s Daly: two more rate hikes likely needed this year
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Monday repeated that she believes two more rate hikes…
Bank of England’s Bailey vows to ‘see the job through’ on inflation
By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Monday the British central…
Fertilizer company OCI bets big on climate-friendly ammonia
By Rod Nickel and Victoria Klesty (Reuters) – Without a single sales contract in hand, Dutch fertilizer company OCI is…
The manufacturing backlash: No factory in my backyard
By Timothy Aeppel and Ben Klayman MARSHALL, Michigan (Reuters) – Fred Chapman has a message for Ford Motor Co, which…
Schumer asks FDA to investigate Logan Paul’s PRIME energy drink
By Laura Sanicola (Reuters) -U.S. Senate Majority Leader Chuck Schumer on Sunday called on regulators to investigate a popular influencer-created…
Brazil govt eyes sending income tax reform proposal to Congress
BRASILIA (Reuters) – President Luiz Inacio Lula da Silva’s government will not wait for Brazil’s Congress to finish voting on…
US wholesale inventories revised up in boost to second-quarter GDP
WASHINGTON (Reuters) -U.S. wholesale inventories were unchanged in May after declining for two straight months, suggesting inventory investment could support…
Canada extends consultation period for RBC’s $13.5 billion bid for HSBC unit
TORONTO (Reuters) – Canada’s finance ministry has extended the consultation period for Royal Bank of Canada’s $13.5 billion proposed acquisition…
LeapFrog plans $500 million investment in Asian, African climate transition firms
By Simon Jessop LONDON (Reuters) – Sustainability-focused asset manager LeapFrog Investments said it plans to invest $500 million in companies…