By Deborah Mary Sophia and Shubham Kalia (Reuters) -Amazon’s cloud services unit AWS was struggling to recover on Monday from…
Author: Active Trader Daily
Chinese tech giants pause stablecoin plans after Beijing steps in, FT reports
(Reuters) -Chinese tech giants, including Alibaba-backed Ant Group and e-commerce group JD.com, have paused plans to issue stablecoins in Hong…
US to seek rival bids for Artemis 3 as SpaceX lags, NASA chief says
WASHINGTON (Reuters) -NASA’s top official on Monday said the U.S. space agency was opening up the contract for its Artemis…
Ray-Ban maker shares hits all-time high as investors bet on Meta AI glasses boom
By Gianluca Lo Nostro and Elisa Anzolin (Reuters) -Shares in Ray-Ban maker EssilorLuxottica rose 14% to hit an all-time high…
Europe must be tougher on China trade, Bundesbank chief says
WASHINGTON (Reuters) -Europe, in its trade dealings with China, needs to act “in a more offensive way” to protect its…
Japan’s top banks to jointly issue stablecoin, Nikkei says
TOKYO (Reuters) -Japan’s three largest banks, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group, will jointly…
US regional banks face more stress despite bigger reserves, Morningstar DBRS says
By Tatiana Bautzer NEW YORK (Reuters) -U.S. regional banks are showing increasing signs of stress even after they stockpiled more…
Trump administration freezes another $11 billion in infrastructure spending in shutdown fight
By David Shepardson WASHINGTON (Reuters) -White House budget director Russell Vought said on Friday that the Trump administration will freeze…
Tests coming for rocky market from Tesla, Netflix and delayed CPI report
Top News Today UBS lifts global equities view to ‘attractive’ on AI boost (Reuters) -UBS Global Wealth Management upgraded its…
Exclusive-US Navy warship holding survivors from strike on Caribbean vessel, sources say
By Phil Stewart and Idrees Ali (Reuters) -The U.S. military is holding two survivors aboard a Navy ship after rescuing…