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Macroeconomics
Dec 18, 2024
Stellantis moves up launch of hybrid Ramcharger as EV demand cools
(Reuters) - Stellantis (NYSE:STLA) said on Wednesday it would move up the launch of a new hybrid version of its best-selling Ram pickup truck ahead of an electric version, citing...
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Dec 18, 2024
Germany rejects UniCredit's latest Commerzbank stake hike in strongest rebuke yet
By Valentina Za, Rachel More and Tom Sims MILAN/BERLIN (Reuters) -Germany rejected UniCredit's latest Commerzbank (ETR:CBKG) stake increase as an "uncoordinated and unfriendly...
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Dec 18, 2024
Powell has a long to-do list for his last full year as Fed chief
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will likely be Fed Chair Jerome Powell's last...
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Dec 18, 2024
ECB's Lane says market pressure on France still 'limited'
FRANKFURT (Reuters) - A surge in market pressure on France due to concern over its budget deficit has been "limited" and part of the normal functioning of euro zone bond markets,...
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Dec 18, 2024
Factbox-Global brokerages expect Fed to cut rates by 25 bps
(Reuters) - Brokerages, including Morgan Stanley (NYSE:MS) and Goldman Sachs, have reiterated their expectation of a quarter-point interest rate cut by the U.S. Federal Reserve...
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Dec 17, 2024
AI startup SandboxAQ raises over $300M at $5.6B valuation
-- SandboxAQ, a startup specializing in applying quantum technology to AI development, has successfully raised over $300 million. The funding round has increased the...
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Dec 17, 2024
How to avoid store credit cards with a potential debt bomb
By Chris Taylor NEW YORK (Reuters) - As you gear up for last-minute holiday shopping at any big box retailer, there is a good chance you will be offered a store credit card with a...
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Dec 17, 2024
Factbox-ECB sets 2025 SREP requirements for Italian banks
(Reuters) -Italian banks have started to disclose the minimum best-quality capital requirements for 2025 set by the European Central Bank under its Supervisory Review and...
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Dec 17, 2024
German center-right CDU/CSU leads in current election polls
-- In Germany, the latest opinion polls reveal that the center-right CDU/CSU, led by Friedrich Merz, is currently leading in the German elections with 33% of the...
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Dec 17, 2024
Fed looks set to tweak reverse repo rate to speed exit of cash
By Michael S. Derby NEW YORK (Reuters) - The Federal Reserve appears likely to take a step on Wednesday to nudge cash off its balance sheet as it enters a more uncertain period in...
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