Euro under pressure as Russia halts gas supplies Yuan dips to nearly 2-year low as PBOC eases policy again LONDON, Aug 22 (Reuters) – The euro briefly slipped below parity against a robust dollar on Monday and languished at its five-week low, weighed down by concerns that a three-day shutdown of European gas supplies later …
Gas crisis sends euro back below parity against dollar Read More »
Check out some of the biggest movers in the premarket: Signify Health (SGFY) – Signify Health rose 37.5% in premarket trading as a potential bidding war for the home healthcare provider. Amazon.com (AMZN) and UnitedHealth (UNH) are now said to be among the bidders, according to The Wall Street Journal, which had previously reported that …
Bed, Bath & More (BBBY) Shares extended declines Monday, pushing the meme stock favorite to its lowest level in three weeks, as investors continue to exit the troubled household goods retailer after last week’s $60 million sale by activist investor Ryan Cohen. Cohen’s RC Ventures sold all hits of 9.45 million shares in Bed, Bath …
An employee completes a sales display at a Naturalia organic food supermarket operated by Casino Group, following the outbreak of the coronavirus disease (COVID-19), in Bretigny-sur-Orge, near Paris, France, July 30 2020. REUTERS/ Benoitt Tessier Register now for FREE unlimited access to Reuters.com Register A Day ahead of Anshuman Daga’s European and Global Markets Will …
Oil pump jacks are seen at the Vaca Muerta shale oil and gas storage facility in the Patagonian province of Neuquen, Argentina, Jan. 21, 2019. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Reuters.com Register Dollar hits 5 weeks high after aggressive Fed comments on Jackson Hole China’s Sichuan extends power bands on heat …
Oil slumps on fear of economic slowdown, stronger dollar Read More »
China has cut its mortgage rates for the second time this year as the country’s central bank tries to mitigate the effects of a liquidity crisis in the real estate sector. The prime rate for five-year loans was cut to 4.3 percent from 4.45 percent on Monday, which is higher than the average economist forecast …
China cuts 5-year mortgage rates as property crisis worsens Read More »
China and India have the potential to become global leaders in “clean” hydrogen, said Jane Nakano, senior fellow at the Center for Strategic and International Studies (CSIS). “I think both China and India have the potential to become superpowers… not only as a potential supplier and exporter of clean hydrogen, but also as [as] consumers …
IMF heads to Colombo for more economic solutions The International Monetary Fund will visit Colombo this week to continue discussions with the Sri Lankan authorities on economic and financial reforms and policies. “The goal is to make short-term progress towards a staff-level agreement on a future IMF Extended Fund Facility (EFF) arrangement,” the IMF said …
Bitcoin ATM manufacturer General Bytes had its servers compromised in a zero-day attack on August 18, allowing the hackers to make themselves the default administrators and change settings so that all funds would be transferred to their wallet address. The amount of money stolen and the number of ATMs compromised have not been disclosed, but …
Hackers Take Advantage Of Zero-Day Bug To Steal From General Bytes Bitcoin ATMs Read More »
A resident buys food at a local market, in downtown San Francisco, California, US, July 13, 2022. REUTERS/Carlos Barria/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, Aug. 22 (Reuters) – The US Federal Reserve is set to raise interest rates by 50 basis points in September amid expectations that inflation has …
