Author Archives: Syndicated Content
Semiconductor stocks under pressure as Taiwan tensions mount
(Reuters) - Semiconductor stocks fell globally on Tuesday as an expected visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan, which China claims as its territory, fueled a fresh esca...
Aug 02, 2022
Futures fall as U.S.-China tensions grow
By Aniruddha Ghosh (Reuters) - U.S. stock index futures fell on Tuesday on concerns that a planned visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan could worsen tensions between t...
Aug 02, 2022
TSX futures fall on recession concerns, U.S.-China tensions
(Reuters) - Futures for Canada's main stock index fell on Tuesday as oil and metal prices declined on recession fears, while U.S. House of Representatives Speaker Nancy Pelosi's expected visit to Taiw...
Aug 02, 2022
Ferrari lifts full-year forecasts after strong Q2 results, record orders
MILAN (Reuters) -Sports car maker Ferrari raised its forecasts for full-year revenue and core profit on Tuesday after posting what it described as record results in the second quarter and saying its o...
Aug 02, 2022
Website of Taiwan’s presidential office receives overseas cyber attack – source
TAIPEI (Reuters) - The website of Taiwan's presidential office received an overseas cyber attack on Tuesday and was at one point malfunctioning, a source briefed on the matter said. The website was sh...
Aug 02, 2022
Uber turns cash flow positive for the first time, shares surge
(Reuters) - Uber Technologies Inc on Tuesday reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, betting on steady demand for its...
Aug 02, 2022
Analysis: U.S. banks face trillion-dollar reverse repo headache
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The trillions of dollars in overnight cash tucked away daily at the Federal Reserve could turn into a major headache for banks that could squeeze their...
Aug 02, 2022
Congo to reassess U.N. withdrawal plan after deadly protests
KINSHASA (Reuters) - Democratic Republic of Congo's government will reevaluate the withdrawal plan of the United Nations peacekeeping mission after deadly anti-U.N. protests last week, it said late on...
Aug 02, 2022
Kremlin to U.S.: ‘megaphone diplomacy’ won’t work on Griner swap
(Refiles to fix typo in first paragraph) (Reuters) - Kremlin spokesman Dmitry Peskov said on Tuesday that any talks on a possible prisoner exchange involving U.S. basketball star Brittney Griner neede...
Aug 02, 2022
KKR profit falls 9% on lower deal fees
By Chibuike Oguh NEW YORK (Reuters) - KKR & Co Inc said on Tuesday its second-quarter after-tax distributable earnings fell 9% year-on-year, as a slowdown in dealmaking amid the market downturn result...
Aug 02, 2022
