By Howard Schneider and Jonnelle Marte WASHINGTON (Reuters) -Cleveland Federal Reserve bank president Loretta Mester said Tuesday the Fed’s new […]
GameStop raises more than $1 billion in latest share offer
(Reuters) -Videogame retailer GameStop Corp said on Tuesday it had raised about $1.13 billion in its latest share offering, cashing […]
Reality check for Volkswagen in China after sluggish start for electric car series
By Yilei Sun and Tony Munroe SHANGHAI (Reuters) – Volkswagen AG’s ID series – the backbone of its electric vehicle […]
Even after Biden tax hike, U.S. firms would pay less than foreign rivals
By Tom Bergin (Reuters) – U.S. companies pay less income tax than their overseas competitors and would likely continue to […]
IMF’s SDR cash will still leave poorest nations short, S&P says
By Tom Arnold LONDON (Reuters) -The world’s poorest countries will still require nearly $200 billion to restock depleted reserves after […]
Low rates to persist, drive quest for yield -Allianz Life CEO
By Alwyn Scott NEW YORK (Reuters) -U.S. interest rates likely will stay relatively low with ample cash in the financial […]
Nokia to allow employees to work remotely for three days a week
STOCKHOLM (Reuters) – Nokia said its employees can choose to work up to three days a week remotely with increased […]
Fed’s Daly says climate change poses ‘significant’ economic risk
(Reuters) – Climate change poses a “significant risk” to the global economy and the financial system, San Francisco Federal Reserve […]
EU Commission approves Germany’s 25.6 billion euro recovery plan
BRUSSELS (Reuters) – The European Commission approved on Tuesday Germany’s 25.6 billion euro plan to recover from the pandemic and […]