Tag: Topnus

  • Nasdaq leads Wall Street lower after hawkish Fed comments

    Technology and growth stocks decline as returns rise Biogen, Lilly Rises on Roche’s Alzheimer’s Drug Failure Indices down: Dow 0.02%, S&P 0.43%, Nasdaq 1.02% November 14 (Reuters) – Wall Street’s main indexes fell on Monday, with the tech-heavy Nasdaq index falling nearly 1%, as hawkish comments from a US Federal Reserve official dampened hopes of […]

  • Ukraine’s Kherson races to restore energy and water after Russia’s withdrawal

    The main infrastructure in Kherson was mined by the Russian ruler The humanitarian situation in Kherson is “extremely difficult” – official Authorities are working to restore vital services Fighting rages in Donetsk and eastern Luhansk regions Kherson, Ukraine (Reuters) – Public utilities companies in Kherson are working to restore vital infrastructure damaged and mined by […]

  • COVID public health emergency in the US to stay in place

    Two Biden administration officials said Friday that the United States will maintain a public health emergency for the COVID-19 pandemic, allowing millions of Americans to get free tests, vaccines and treatments. One of the officials said the possibility of an increase in coronavirus cases in the winter and the need for more time to transition […]

  • Exclusive: Tesla considering exporting Chinese-made electric cars to US sources

    SHANGHAI, November 11 (Reuters) – TESLA (TSLA.O) Two people familiar with the planning are considering exporting electric cars made in China to the United States, a reversal that would reflect the automaker’s deep cost advantage at its Shanghai plant and sluggish demand from Chinese consumers. Tesla is studying whether parts made by its suppliers in […]

  • Musk warns of Twitter bankruptcy as more CEOs resign

    (Reuters) – Twitter’s new owner Elon Musk on Thursday raised the possibility of the social media platform’s bankruptcy, capping a chaotic day that included a warning from the US privacy regulator and the exit of the company’s trust and safety leader. In his first conference call with employees, the billionaire said he couldn’t rule out […]

  • Wall Street rises as cooling inflation spurs bets on lower interest rates

    US consumer prices rose less than expected in October Traders see more than 80% chance of a 50bp rate hike in December Electric vehicle manufacturer Rivian gains on strong demand and prospects Indexes rise: Dow 2.5%, Standard & Poor’s 4%, Nasdaq 5.4% November 10 (Reuters) – Wall Street’s main indexes edged higher on Thursday, with […]

  • As the yen drops, gadget-loving Japan turns to used iPhones

    TOKYO (Reuters) – For years Japanese shoppers have been eagerly waiting for the latest hardware, but now a weaker yen has put new iPhones out of reach for some and sparked a growing second-hand trade in a key market for Apple Inc. (AAPL.O). The Japanese currency’s slide to a 32-year low against the dollar has […]

  • Economy Neither boom, nor corruption, Democrats’ dogs in the US midterm elections

    WASHINGTON (Reuters) – Household cash is near record levels in the United States, and consumers are using it to fill up restaurants, planes and buy new cars. Jobs are there to take them. Net wealth is 30% higher than it was before the pandemic, and even more so for those in the bottom half. People […]

  • Ukraine warns of more attacks on infrastructure, mayor urges Kyiv to prepare for the worst

    Russia may be preparing for more attacks on energy sites – Zelensky 4.5 million Ukrainians without electricity as winter approaches Biden aide held talks with senior Russian officials Report: US urges Ukraine to open up to talks with Russia Kyiv/WASHINGTON (Reuters) – Ukrainian President Volodymyr Zelensky warned on Sunday of possible further Russian attacks on […]

  • China’s exports and imports shrink as coronavirus eases and global demand slows

    October China’s exports and imports unexpectedly shrink Weak data is another blow to the faltering economy Global recession risks, curbing COVID in China darkens expectations Analysts expect further weakness in exports and imports BEIJING (Reuters) – China’s exports and imports unexpectedly contracted in October, the first simultaneous decline since May 2020, as rising inflation and […]