By Fergal Smith TORONTO (Reuters) – The Canadian dollar is set to rally over the coming 12 months as pressure…
Category: Economy
Bitcoin surges 5.56% to $27,171
(Reuters) – Bitcoin rose 5.56% to $27,171 at 19:57 GMT on Tuesday, adding $1,432 to its previous close. Bitcoin, the…
US bond giant PIMCO sees chance to expand lending after banking turmoil
By Davide Barbuscia NEW YORK (Reuters) – PIMCO said on Tuesday that this year’s banking turmoil has created opportunities for…
Pharma giant Novo Nordisk lifts European shares
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European main share indices rose on Tuesday, supported by a jump in…
US sues Binance and founder Zhao over ‘web of deception’
By Hannah Lang, Jonathan Stempel and Tom Wilson WASHINGTON (Reuters) – U.S. regulators sued Binance and its CEO Changpeng Zhao…
Apple to sell Vision Pro AR headset for triple Meta’s top-line price
By Stephen Nellis CUPERTINO, California (Reuters) -Apple on Monday unveiled a costly augmented-reality headset called the Vision Pro in its…
Roche looking to sell or shut down California biologic drug plant
(This May 31 story has been corrected to fix the spelling of executive’s name to Teresa, not Theresa, in paragraph…
Retailers, manufacturers urge White House to mediate in West Coast ports labor dispute
By David Shepardson and Lisa Baertlein WASHINGTON/LOS ANGELES (Reuters) -Groups representing major retailers and manufacturers urged the White House on…
Oil rises on Saudi plan to deepen output cuts from July
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose on Monday after the world’s top exporter Saudi Arabia pledged to…
Biden signs debt limit bill, avoiding U.S. default
By Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden on Saturday signed a bill that suspends the U.S. government’s $31.4 trillion…