Author Archives: Syndicated Content
Russia expands Baltic ports as it eyes new grain markets
By Olga Popova and Gleb Stolyarov MOSCOW (Reuters) - Russia, the world's leading wheat exporter, is expanding its Baltic Sea ports as it aims to boost agricultural exports by 50% by 2030 while reducin...
Sep 26, 2024
Impending expiry of U.S. sanctions licence threatens Russia's yuan liquidity
By Elena Fabrichnaya MOSCOW (Reuters) - The impending expiry of a U.S. licence permitting transactions involving the pillars of Russia's financial infrastructure could make it harder and costlier for ...
Sep 26, 2024
Analysis-Chinese banks in need of capital injection to give thrust to economic stimulus steps
By Xie Yu and Sumeet Chatterjee HONG KONG (Reuters) - As China steps up efforts to stabilise its economy with fresh stimulus, the country's top banks would need to be capitalised at the earliest to he...
Sep 26, 2024
Exclusive-China to issue $284 billion of sovereign debt this year to help revive economy, sources say
(Reuters) - China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of a fresh fiscal stimulus, said two sources with knowledge of the matter, addi...
Sep 26, 2024
General Motors to recall over 18,000 vehicles on brake line concerns, NHTSA says
(Reuters) - General Motors will recall 18,235 commercial vehicles in the United States over an issue with brake lines, the National Highway Traffic Safety Administration said on Thursday. "The brake l...
Sep 26, 2024
Nasdaq leads Wall St futures higher on AI optimism after Micron's forecast
(Reuters) - U.S. stock index futures rose on Thursday, as a wave of optimism around artificial intelligence gripped Wall Street following Micron's upbeat forecast, while investors also awaited economi...
Sep 26, 2024
Analysis-Power thirst complicates ESG investors' love affair with tech stocks
By Isla Binnie NEW YORK (Reuters) - Investors who manage hundreds of billions of dollars are pressing Microsoft, Alphabet and others for more information on the power needed for artificial intelligenc...
Sep 26, 2024
Morning Bid: Micron adds fresh tech fizz, China surges anew
A look at the day ahead in U.S. and global markets from Mike Dolan With quarter-end fast approaching, tech excitement returned to Wall Street overnight with another AI-driven earnings beat from Micron...
Sep 26, 2024
Yellen to call for more financial stability work, thoughtful regulation
(Reuters) - U.S. Treasury Secretary Janet Yellen will call for continued work to ensure a resilient financial system, including pursuing thoughtful regulation and pushing back against those who want t...
Sep 26, 2024
White House to take on growing firearm threats, improve active shooter drills
By Andrea Shalal WASHINGTON (Reuters) - U.S. President Joe Biden will sign an executive order on Thursday to combat increasing threats from firearms and improve school-based active shooter drills, whi...
Sep 26, 2024
