China central bank to set up $70 billion tech re-lending programme
BEIJING (Reuters) – China’s central bank will set up a 500 billion yuan ($70 billion) re-lending programme to support the…
Category: Economy
Global venture capital investment near 5-year low in Q1, PitchBook data shows
By Yuvraj Malik (Reuters) – Global venture capital investments fell to a near five-year low in the first three months…
Looming US stock changes could cause headaches for international funds
By Laura Matthews and Sinead Cruise NEW YORK/LONDON (Reuters) – The looming introduction of a shorter settlement cycle for U.S.…
S&P 500 posts record high close as Oracle jumps, traders keep rate-cut bets
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks ended sharply higher on Tuesday, with the S&P 500 registering a record…
S&P 500, Nasdaq end down as investors wait for CPI, PPI data
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq ended down slightly on Monday with investors preparing for…
Tech shares drag TSX lower for second straight day
By Purvi Agarwal and Fergal Smith (Reuters) -Canada’s main index ended lower on Tuesday as losses for the technology sector…
US launches antitrust investigation into UnitedHealth, WSJ reports
(Reuters) -The U.S. Department of Justice has launched an antitrust investigation into UnitedHealth Group, the Wall Street Journal reported on…
RedBird IMI strikes $1.45 billion deal for UK’s All3Media
(Reuters) -Jeff Zucker-led investment group RedBird IMI has struck a 1.15 billion pound ($1.45 billion) deal to buy Britain’s All3Media,…
Yellen sees progress in US inflation fight despite hotter CPI data
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday that consumer price index data for…
Nasdaq slips from near all-time high, Dow up modestly ahead of inflation data
By Carolina Mandl, Johann M Cherian and Ankika Biswas (Reuters) -The Nasdaq slipped on Monday afternoon after briefly surpassing its…