By Amy Lv and Brenda Goh BEIJING/SHANGHAI (Reuters) -Companies caught out by China’s decision to restrict exports of two metals…
Category: Economy
Twitter CEO backs widely criticized tweet-reading rate limits
(Reuters) – Twitter CEO Linda Yaccarino on Tuesday tweeted a defense of the temporary cap announced July 1 on the…
Oil prices rise 2% as market weighs supply cuts against economic outlook
By Natalie Grover LONDON (Reuters) -Oil prices climbed 2% on Tuesday as markets weighed August supply cuts by top exporters…
Stocks drift as investors balance peak rate hopes with oil price rise
By Naomi Rovnick and Xie Yu LONDON/HONG KONG (Reuters) – Global stocks held steady on Tuesday, as investors balanced the…
Amazon rolls out first European Rivian vans in Germany
By Nick Carey (Reuters) – E-commerce giant Amazon will deploy its first European vans from U.S. electric vehicle (EV) maker…
Wall St ends slightly higher in shortened session, Tesla jumps
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended with slim gains…
Coinbase surges after Cboe names crypto exchange in bitcoin ETF application
By Chibuike Oguh NEW YORK (Reuters) – Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13% on Monday after…
Analysis-Apple’s growing stock market heft poses dilemma for fund managers
By Lewis Krauskopf NEW YORK (Reuters) – The massive rally in Apple’s shares is forcing some fund managers to revisit…
Barclays seeks to stop being corporate banker to Odey Asset Management – FT
(Reuters) -Barclays is looking to terminate its corporate banking relationship with Odey Asset Management (OAM), the Financial Times reported on…
PIMCO CIO says preparing for ‘harder landing’ for global economy – FT
(Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs prepare to…