China central bank unexpectedly cuts rates to support sputtering economy
SHANGHAI/SINGAPORE (Reuters) – China’s central bank unexpectedly cut key policy rates for the second time in three months on Tuesday,…
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Aussie lender NAB’s Q3 margins decline; shares up on cash earnings beat
By Archishma Iyer (Reuters) -National Australia Bank said on Tuesday third-quarter margins declined due to increased home lending competition and…
Treasury Wine sees improved outlook for luxury wine as profit falls
By Nausheen Thusoo (Reuters) – Australia’s Treasury Wine Estates said on Tuesday it was well positioned to deliver growth in…
Biden administration tells US Supreme Court to review social media laws
By Andrew Chung (Reuters) – President Joe Biden’s administration urged the U.S. Supreme Court to take up a dispute over…
Dollar hits highest in more than a month on China economy concerns
By Hannah Lang WASHINGTON (Reuters) – The U.S. dollar hit more than a one-month high on Monday as investors sought…
US Navy joins Army, Marine Corps in having no Senate-confirmed leader, in historic first
By Idrees Ali WASHINGTON (Reuters) – The U.S. Navy on Monday became the third branch of the military to no…
S&P 500, Nasdaq end up as Nvidia surge leads megacap higher
By Saeed Azhar and Amruta Khandekar NEW YORK (Reuters) – The S&P 500 and the Nasdaq closed higher on Monday…
U.S. Steel shares jump after Esmark makes $7.8-billion offer
By Priyamvada C (Reuters) -U.S. Steel shares extended their rally on Monday after privately held firm Esmark made a $7.80…
Yellen upbeat on US economy, says Bidenomics is driving investment, job growth
By Andrea Shalal LAS VEGAS (Reuters) -Treasury Secretary Janet Yellen made a robust pitch in the swing state of Nevada…
Burry, famous for ‘Big Short,’ bought bearish options against S&P, Nasdaq 100
By David Randall and Saqib Iqbal Ahmed NEW YORK (Reuters) -Michael Burry, the money manager made famous in the book…