G20 watchdog says commodity market concentration poses threat to wider economy
The pandemic and war in Ukraine highlighted weaknesses in commodity markets where a ‘significant’ concentration of firms, banks, exchanges and…
U.S. sanctions authority probes Raiffeisen on Russia
The United States’ sanctions authority has launched an inquiry into Raiffeisen Bank International over its business related to Russia, increasing…
European stocks edge higher; Eurozone PMI, inflation data in focus
European stock markets edged higher Monday, with investors cautious at the start of a week that includes the release of…
JPMorgan Strategists Say Stock Rally Will Fade
Stock investors that have turned too optimistic about the economic outlook are setting up for disappointment, according to JPMorgan Chase…
Uber to introduce 25,000 EVs in India amid clean car push
Uber Technologies (NYSE:UBER) will introduce 25,000 electric vehicles (EVs) in India for ride-sharing over three years, its country head said…
Frasers announces new £80 million share buyback
Frasers Group (LON:FRAS) said on Monday it will buy back up to £80 million of stock in a new program…
Factbox-Nigeria’s plan to ditch old banknotes
Nigeria’s Supreme Court on Wednesday restrained the government, through the central bank, from ending the legal tender status of old…
Canadian dollar to rise later in 2023 on more favorable global outlook: Reuters poll
The Canadian dollar is set to rise later this year as the global economic outlook turns more favorable for commodity-linked…
Elon Musk to unveil Tesla’s ‘Master Plan 3’ at first investor day
Tesla Inc Chief Executive Elon Musk will reveal the third part of the electric vehicle (EV) maker’s “Master Plan” when…
Wall St falls as policymakers’ comments fan rate hike worries; Alphabet slumps
Wall Street’s main stock indexes slipped on Wednesday as comments from Federal Reserve officials intensified worries over the central bank’s…