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Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

BofA cuts China’s 2023 growth forecast to 5.1% By Reuters

© Reuters. FILE PHOTO: People walk on an overpass past office towers in the Lujiazui financial district of Shanghai, China October 17, 2022. REUTERS/Aly Song/File

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Exclusive-China’s state banks seen selling dollars offshore to slow yuan declines

© Reuters. FILE PHOTO: Coins and banknotes of China’s yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo SHANGHAI (Reuters)

Analysis-Banking woes, Fed keep investors on edge in nervous U.S. stock market By Reuters
Finances

Asia stocks gain; US futures slip after Netflix, Tesla earnings By Reuters

© Reuters. FILE PHOTO: A man is reflected on an electric stock quotation board outside a brokerage in Tokyo, Japan April 18, 2023. REUTERS/Issei Kato

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

ECB to raise rates by 25 basis points in July, slim majority say Sept too By Reuters

© Reuters. FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium, June 5, 2020. REUTERS/Yves Herman/File Photo By Prerana Bhat

Tesla's Elon Musk optimistic on progress for self-driving, robots By Reuters
Finances

Tesla’s Elon Musk optimistic on progress for self-driving, robots By Reuters

© Reuters. FILE PHOTO: A Tesla logo is seen on a wheel rim during the media day for the Shanghai auto show in Shanghai, China

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

Australia telco giant Telstra to cut nearly 500 jobs By Reuters

© Reuters. FILE PHOTO: A pedestrian walks past a Telstra logo adorning a phone booth in the central business district (CBD) of Sydney in Australia,

No let up for world stocks as banking worries persist By Reuters
Finances

Bank Indonesia rates on hold for rest of year, cut in Q1 2024

© Reuters. FILE PHOTO: Bank Indonesia’s logo is seen at Bank Indonesia headquarters in Jakarta, Indonesia, September 2, 2020. REUTERS/Ajeng Dinar Ulfiana/File Photo By Veronica

Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

China keeps lending benchmarks unchanged; economic weakness tests policymakers By Reuters

© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in

China keeps loan prime rate steady amid slowing economic growth
Finances

China keeps loan prime rate steady amid slowing economic growth By Investing.com

© Reuters. Investing.com– The People’s Bank of China held its benchmark lending rate steady on Thursday as expected, although focus remained on any future cuts