Goldman Says US Mutual Funds Suffer From Big Tech Aversion
A reluctance by US mutual funds to invest in big tech stocks, which have staged a ferocious rally
2023-05-25 18:59
Stellantis invests in US start-up Lyten to develop lithium-sulfur batteries
MILAN Stellantis has invested in Lyten to help the U.S. startup develop applications for lithium-sulfur EV batteries, lightweight
2023-05-25 18:21
Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
2023-05-25 17:51
Chinese Hackers Targeting US, Guam Aim to Disrupt Communications, Microsoft Says
A Chinese state-sponsored hacking group has stealthily gained access to infrastructure organizations in Guam and elsewhere in the
2023-05-25 17:45
As Trump’s Classified Documents Probe Wraps Up, Potential Charges Are Near
Special Counsel Jack Smith is wrapping up his investigation into former president Donald Trump’s refusal to return classified
2023-05-25 17:24
Germany falls into recession as inflation hits economy
Rising prices have dampened demand from households and businesses in Europe's largest economy.
2023-05-25 17:15
Microsoft UK Veto Versus EU Nod Poses Questions, Vestager Says
The European Union’s decision to approve Microsoft Corp.’s $69 billion plan to buy Activision Blizzard Inc. while the
2023-05-25 16:28
Mozambique Ex-Finance Chief Faces US Trial in Tuna-Bond Case
Mozambique’s former Finance Minister, Manuel Chang, is set to face charges in the US over his role in
2023-05-25 16:27
Bank Indonesia Holds Rate Steady Even as Risks to Rupiah Mount
Indonesia’s central bank held its benchmark interest rate for a fourth straight meeting, even as a deadlock in
2023-05-25 15:48
Pakistan slashes provisional GDP growth to 0.29% for 2022-23
ISLAMABAD Pakistan lowered its GDP growth forecast for the current fiscal year, ending June 30, to 0.29% from
2023-05-25 15:15
Erdogan party split on economic plan as Turkey runoff looms, sources say
By Ebru Tuncay, Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) -Days before Turkey's runoff presidential election, there is disagreement and
2023-05-25 13:48
Oil Industry’s Longest-Serving Chairman Seeks Another Four Years
Antonio Brufau, the oil industry’s longest serving chairman, is poised to keep going despite an earlier pledge to
2023-05-25 13:25