Today: May 19, 2024
Today: May 19, 2024

Economy

BHP needs to bid about 32 pounds a share for Anglo, JPMorgan says

BHP Group would need to boost its latest offer around 30% to reflect fair value for Anglo American and its key copper assets, JPMorgan analysts said in a note.

BHP needs to bid about 32 pounds a share for Anglo, JPMorgan says

Dominican Republic`s Abinader looks set for first-round election win

The Dominican Republic's Luis Abinader, an anti-corruption crusader who helped catapult the island nation's economy from pandemic lows to one of the fastest growing in

Dominican Republic`s Abinader looks set for first-round election win

India bond traders hanker for short-term borrowing cuts as buybacks fail

Most Indian bond traders are looking for a cut in the government's short-term borrowing as a better way to regulate banking system liquidity after two

India bond traders hanker for short-term borrowing cuts as buybacks fail

NY Fed announces launch of new supply chain pressure metrics

The Federal Reserve Bank of New York is bolstering its data offerings tracking the state of supply chains.

NY Fed announces launch of new supply chain pressure metrics

Morning bid: Dow flirts with 40k, China fights homes bust

A look at the day ahead in U.S. and global markets from Mike Dolan After a week of worldwide stock market records, Friday seems set for a breather - with attention switching to the deepening Chinese

Morning bid: Dow flirts with 40k, China fights homes bust

Bank of America to buy WaFd's multi-family loan portfolio for $2.9 billion

(Reuters) -Washington Federal Bank agreed on Friday to sell a portfolio of commercial multi-family real estate loans to Bank of America for about $2.9 billion, helping the regional lender cut its

Bank of America to buy WaFd's multi-family loan portfolio for $2.9 billion

US lukewarm on G7 Russian diamond ban after industry backlash

(Adds dropped words in quote in paragraph 14) By Julia Payne and Dmitry Zhdannikov BRUSSELS/LONDON (Reuters) -The United States is re-evaluating the strictest elements of a ban on Russian diamonds

US lukewarm on G7 Russian diamond ban after industry backlash

Factbox-China pledges $138 billion in extra funding to shore up indebted property sector

China on Friday announced "historic" steps to stabilise the crisis-hit property sector, with the central bank facilitating 1 trillion yuan ($138 billion) in extra funding

Factbox-China pledges $138 billion in extra funding to shore up indebted property sector

Putin says oil pipeline could run alongside planned new gas link to China

Russia could deliver oil as well as gas to China along a planned route via Mongolia, President Vladimir Putin said on Friday.

Putin says oil pipeline could run alongside planned new gas link to China

BlackRock in talks with governments about investments to power AI

BlackRock is in talks with various governments over ways to fund critical investments to support artificial intelligence (AI), including increasing the power supply, the CEO of the

BlackRock in talks with governments about investments to power AI

Endeavor's $13 billion deal highlights push to sidestep minority shareholders

By Anirban Sen and Tom Hals (Reuters) -Endeavor Group's decision to deny minority shareholders the ability to veto a $13 billion deal to take the entertainment conglomerate private is the latest

Endeavor's $13 billion deal highlights push to sidestep minority shareholders

Mercedes workers in Alabama reject union, dealing setback to UAW

By Nora Eckert VANCE, Alabama (Reuters) -U.S. workers at a Mercedes-Benz plant in Alabama handed a stinging loss to the United Auto Workers on Friday, rejecting the union in a vote it had expected

Mercedes workers in Alabama reject union, dealing setback to UAW

Goldman Sachs looks to expand private equity credit lines as dealmaking picks up

U.S. investment bank Goldman Sachs is muscling into the lending market for private equity and asset managers, planning an overseas expansion as it helps fill a void

Goldman Sachs looks to expand private equity credit lines as dealmaking picks up

Weaker loonie may not deter Bank of Canada diverging from the Fed

The Bank of Canada would be willing to cut interest rates three times ahead of the Federal Reserve's first move before a declining currency threatens to endanger

Weaker loonie may not deter Bank of Canada diverging from the Fed

Federal judge hears challenges to NYC’s fee for drivers into Manhattan

New York’s first-in-the-nation plan to levy a hefty toll on drivers entering Manhattan was the focus of a legal battle that played out in federal court

Federal judge hears challenges to NYC’s fee for drivers into Manhattan

Putin calls U.S. tariffs on Chinese electric vehicles 'unfair competition'

Russian President Vladimir Putin said on Friday during a visit to China that U.S. tariffs on Chinese-made electric vehicles were an example of unfair competition.

Putin calls U.S. tariffs on Chinese electric vehicles 'unfair competition'

Italy's League seeks to remove EU flag from public offices

Italy's hard-right League on Thursday said it wanted to change the law and remove the European Union flag from public offices, looking to bolster its eurosceptic credentials ahead of

Italy's League seeks to remove EU flag from public offices

Haidilao restaurant operator Super Hi prices US IPO at $19.56 per share

Super Hi International, which operates Chinese hotpot restaurant chain Haidilao in the overseas market, on Thursday priced its initial public offering in the United States at $19.56 per

Haidilao restaurant operator Super Hi prices US IPO at $19.56 per share

Argentina posts fourth month of fiscal surplus under Milei, but margin narrows

BUENOS AIRES (Reuters) -Argentina posted primary fiscal and financial surpluses in April, the economy ministry said on Thursday, driven by an austerity package under new libertarian President Javier

Argentina posts fourth month of fiscal surplus under Milei, but margin narrows

ABB buys Siemens's wiring accessories business in China

ABB has agreed to buy the wiring accessories business of German rival Siemens in China, the Swiss engineering group said on Friday.

ABB buys Siemens's wiring accessories business in China

China to let local govt officials buy affordable housing at 'reasonable' prices

China will allow local government authorities to buy some homes at "reasonable" prices to provide affordable housing, Vice Premier He Lifeng told an online meeting on housing

China to let local govt officials buy affordable housing at 'reasonable' prices

Boeing shareholders vote to keep departing CEO on planemaker's board

By Allison Lampert and Abhijith Ganapavaram (Reuters) -Boeing’s departing CEO Dave Calhoun was re-elected to stay on the troubled company's board on Friday, even as the planemaker said it was

Boeing shareholders vote to keep departing CEO on planemaker's board

China to cut mortgage interest rates, home down-payment ratio to boost demand

China will cut interest rates of mortgage loans and down-payment ratios for homebuyers to boost lacklustre property demand, according to three statements released by its central

China to cut mortgage interest rates, home down-payment ratio to boost demand

Japan inflation likely slowed again, may ease cost pressure - Reuters poll

Japan's core consumer inflation probably slowed for a second straight month in April from a year earlier, a Reuters poll of 18 economists showed on Friday,

Japan inflation likely slowed again, may ease cost pressure - Reuters poll

Foreigners sold Asian bonds in April amid firm dollar, Fed uncertainty

Foreign investors were net sellers of Asian bonds for a second straight month in April as a strong U.S. dollar and uncertainties around the Federal Reserve's interest rate cuts dampened

Foreigners sold Asian bonds in April amid firm dollar, Fed uncertainty
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