Ukraine says the move will save $ 6 billion over two years Creditors backed a similar move for two state-owned companies Comprehensive debt restructuring after the freeze LONDON / NEW YORK, Aug. 11 (Reuters) – Ukrainian foreign creditors backed a motion for a two-year payment freeze on nearly $ 20 billion in international bonds, regulatory … Read more
Japanese CEO of SoftBank Group Corp Masayoshi Son attends a press conference in Tokyo, Japan, November 5, 2018 REUTERS / Kim Kyung-Hoon Sign up now for FREE unlimited access to Reuters.com Register LONDON, August 10 (Reuters Breakingviews) – Masayoshi Son thinks the unthinkable at SoftBank Group (9984.T). Its $ 63 billion tech and telecommunications empire … Read more
The image of Elon Musk is visible on the smartphone embedded in the printed Twitter logos in this photo illustration taken on April 28, 2022. REUTERS / Dado Ruvic / Ilustracja Sign up now for FREE unlimited access to Reuters.com Register August 10 (Reuters) – Elon Musk’s legal team demands that Twitter Inc. provide the … Read more
Wall Street blows with the leading Nasdaq rises CPI remained unchanged in July after an increase of 1.3% in June In the 12 months to July, the CPI increased by 8.5% against 9.1% in June NEW YORK, Aug. 10 (Reuters) – Wall Street stocks rose and the dollar plunged on signs of a sharp slowdown … Read more
The Federal Reserve Building is pictured in Washington, DC, USA, August 22, 2018. REUTERS / Chris Wattie / File Photo Sign up now for FREE unlimited access to Reuters.com Register Kashkari reiterates its view of the 3.9% federal funds rate at the end of 2022. Evans sees an interest rate of 3.4% this year Both … Read more
A worker walks past steel rollers at the Chongqing Iron and Steel Factory in Changshou, Chongqing, China August 6, 2018 REUTERS / Damir Sagolj / Photo File Sign up now for FREE unlimited access to Reuters.com Register July producer inflation at its lowest since February 2021 July consumer inflation at the highest level in 2 … Read more
Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory Foundation Stone Ceremony in Shanghai, China January 7, 2019 REUTERS / Aly Song Sign up now for FREE unlimited access to Reuters.com Register Aug. 10 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk has sold $ 6.9 billion of EV manufacturer shares, saying the funds could … Read more
The cryptocurrency representation is visible in front of the Coinbase logo in this image taken on March 4, 2022. REUTERS / Dado Ruvic / Ilustracja Sign up now for FREE unlimited access to Reuters.com Register Aug. 9 (Reuters) – Coinbase Global Inc (COIN.O) reported a larger-than-expected quarterly loss as investors worried about this year’s loss … Read more
The sticker shows crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, USA November 22, 2019 REUTERS / Angus Mordant Sign up now for FREE unlimited access to Reuters.com Register Russian oil exports are suspended via the southern branch of the Druzhba pipeline The EU presents … Read more
Aug. 9 (Reuters) – Several high-flying startups are brought down to earth as the recent slaughter in global stock markets and sluggish demand for new quotes force companies to raise funds at a significant discount to their sky-high valuations. Easy venture capital money evaporates quickly in an environment of high inflation-induced interest rates as many … Read more
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