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Recent Posts

  • Tesla misses out on European EV growth as Model Y fails to revive sales
    May 27, 2025
  • Brussels asks European companies to detail US investment plans, sources say
    May 27, 2025
  • RBC downgrades Premier Foods to “sector perform” on valuation grounds
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  • December 11, 2024

BofA CEO says business outlook is brighter under Trump, expects surge in banking, trading revenue

By Saeed Azhar, Lananh Nguyen and Arasu Kannagi Basil (Reuters) - Bank of America expects regulatory changes under President-elect Donald Trump to favor mergers and acquisitions...

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  • December 11, 2024

Nasdaq hits 20,000 for first time as AI rally rages on

(Reuters) - The Nasdaq breached the 20,000-point mark on Wednesday, as a rally in technology stocks showed no signs of slowing on hopes of looser regulation under Donald Trump's...

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  • December 11, 2024

US budget deficit climbs to $367 billion in November on calendar payment shifts

By David Lawder WASHINGTON (Reuters) -The U.S. government posted a $367 billion budget deficit for November, up 17% from a year earlier, as calendar adjustments for benefit...

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  • December 11, 2024

Brazil's new Rio stock exchange Base to start testing in early 2025

By Luciana Magalhaes SAO PAULO (Reuters) - A Rio de Janeiro based stock exchange is expected to start testing early next year, signalling a shift in Brazil's financial landscape....

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  • December 11, 2024

Bank of Canada cuts rates by 50 bps says more gradual approach to follow

By Promit Mukherjee and David Ljunggren OTTAWA (Reuters) -The Bank of Canada slashed its key policy rate by 50 basis points to 3.25% on Wednesday to help address slower growth,...

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  • December 11, 2024

Factbox-Brokerages continue to expect 25-bps US rate cut in December after CPI data

(Reuters) -Wall Street brokerages, including Morgan Stanley (NYSE:MS) and Wells Fargo (NYSE:WFC), have reiterated their expectation of a quarter-point interest rate cut by the...

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  • December 11, 2024

Low global demand creates opportunity for more US sanctions on Russian oil, Yellen says

WASHINGTON (Reuters) - The United States is continuing to look for creative ways to reduce Russia's oil revenue and lower global demand for oil creates an opportunity for more...

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  • December 11, 2024

Bank of Canada cuts main interest rate to 3.25%

OTTAWA–In a move to mitigate slower economic growth and a weakening labor market, the Bank of Canada has reduced its main interest rate by half a percentage point. This...

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  • December 11, 2024

UN chief says debt relief tools far from adequate

By Kopano Gumbi JOHANNESBURG (Reuters) - United Nations Secretary-General Antonio Guterres said on Wednesday that existing debt relief mechanisms were far from adequate to address...

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  • December 11, 2024

Most Brazilians don't see Lula's fiscal package reducing deficit, poll shows

SAO PAULO (Reuters) - A majority of Brazilians do not believe the government's package of tax reforms and spending cuts will be enough to address their country's fiscal deficit, a...

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