By Scott Murdoch and Julie Zhu HONG KONG (Reuters) – Alibaba Group and Tencent shares rose in Hong Kong on…
Category: Economy
100 Million Users: Meta’s Threads App Record Growth
In a remarkable achievement, Meta Platforms Inc.’s (NASDAQ:META) Threads app has skyrocketed to over 100 million users within just five…
Business leaders left in limbo by rate hike impact lag
By Leigh Thomas and Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) -An unusually long lag in the time interest rate hikes are…
Verizon’s Unusual Activity
Verizon Communications (NYSE: VZ) has attracted the attention of a significant investor with substantial resources, who has taken a bearish…
As earnings loom, investors weigh recession resilience
By David Randall NEW YORK (Reuters) -As second-quarter earnings approach, investors are looking at beaten-down sectors which might gain ground…
France upbeat on attracting major Tesla investment – Le Maire
PARIS (Reuters) – French Finance Minister Bruno Le Maire on Sunday said he was “very hopeful” Tesla Chief Executive Elon…
TotalEnergies boss: 2024 U.S. election could cause energy shock
PARIS (Reuters) – The U.S. presidential election could trigger a major energy shock if Republicans were to win and decide…
Ant’s surprise share buyback values firm at steep 75% discount to IPO
By Julie Zhu and Josh Ye HONG KONG (Reuters) -Ant Group on Saturday announced a surprise share buyback that values…
Wall Street ends choppy day lower after jobs data
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended lower on Friday…
Yellen criticizes China’s ‘punitive’ actions against US companies, urges market reforms
By Andrea Shalal and Joe Cash BEIJING (Reuters) – U.S. Treasury Secretary Janet Yellen called on Friday for market reforms…