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Economy

Five key charts for the new Treasury secretary to watch

(Reuters) – Donald Trump on Friday said he would nominate Scott Bessent to be the 79th U.S. Treasury secretary and frontman for…
Economy

Sri Lanka’s central bank likely to resume rate cuts to foster growth: Reuters poll

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is expected to renew easing of interest rates on Wednesday, with a…
Stock

Fade any rebound in the euro or European equities, BCA says

Investing.com — Investors should “fade any rebound in the euro” or European equities relative to their US counterparts, BCA Research said in…
Stock

Air taxi firm Vertical says Mudrick to convert some notes to equity, extend repayment deadline

By Abhijith Ganapavaram (Reuters) -UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert half of its outstanding…
Stock

European markets mostly higher; Trump’s Treasury pick, German Ifoin spotlight

Investing.com — European stocks mostly edged higher Monday, with global market sentiment helped by President-elect Donald Trump’s nomination as Treasury Secretary, but…
Stock

TD Bank prepares to hire compliance monitors as US CEO reassures staff

By Nivedita Balu TORONTO (Reuters) – TD Bank is preparing to install U.S. government-ordered monitors and has moved to reassure employees that…
Stock

Corning offers to waive exclusive deals in EU antitrust probe, may stave off fine

By Foo Yun Chee and Bart H. Meijer BRUSSELS (Reuters) -Glass maker Corning (NYSE:GLW) has offered to scrap all exclusive clauses in…
Investing

Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The…
Latest News

Ric Grenell under consideration to be Trump’s point man on Ukraine: report

Richard ‘Ric’ Grenell, the former acting director of National Intelligence in President-elect Trump’s first administration, is reportedly under consideration to be special…
Latest News

Trump taps Brooke Rollins as agriculture secretary

President-elect Trump tapped Brooke Rollins as his agriculture secretary. In a statement on Saturday, Trump lauded Rollins’ ‘commitment to support the American…
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