Investors eye Fed rate cut, earnings as key to sustaining market rally
By David Randall NEW YORK (Reuters) -After a stellar start to the year for stocks, investors are on guard for…
Month: March 2024
With China EV launch, Xiaomi’s ‘Thor’ takes on Elon Musk
By Sarah Wu BEIJING (Reuters) -He was called China’s answer to Steve Jobs for taking Xiaomi from scrappy startup to…
Ukraine gets $1.5 billion funding tranche under World Bank programme
(Reuters) -Ukraine has received a $1.5 billion tranche of funding under a World Bank programme, Prime Minister Denys Shmyhal said…
Obama, Clinton on why Americans don’t love the Biden economy
By Jeff Mason NEW YORK (Reuters) – Former presidents Barack Obama and Bill Clinton dug into an issue that has…
Blackwells, in proxy fight with Disney, sues Disney over disclosure in hedge fund relationship
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) -Blackwells Capital upped the pressure on Walt Disney in a long-running…
S&P 500 closes higher to secure strongest Q1 since 2019
By Chuck Mikolajczak NEW YORK (Reuters) -The S&P 500 closed out the week with slight gains on Thursday, with the…
Oil rises more than $1 a barrel on tighter supply outlook
By Laila Kearney NEW YORK (Reuters) -Oil prices jumped more than $1 a barrel on Thursday, closing out the month…
Citi says 42% of energy clients lack climate transition plans
By Isla Binnie NEW YORK (Reuters) – Almost half of the energy companies Citi lends to are lacking plans to…
Citigroup to end sweeping overhaul this week after 5,000 layoffs
By Tatiana Bautzer, Lananh Nguyen and Manya Saini (Reuters) -Citigroup is in the last phase of a sweeping overhaul to…
Hedge funds flock to Europe, ditch US stocks
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds have been adding European stocks to their portfolios this year…