By Duncan Miriri LONDON (Reuters) – Stronger Chinese-led emerging markets growth will likely buffer the stocks, bonds and currencies of many developing nations as markets in the United States an[...]
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March 30, 2023
EU court adviser says Italy antitrust fine may breach Volkswagen’s rights
By Foo Yun Chee BRUSSELS (Reuters) – An Italian antitrust fine levied on Volkswagen over its defeat devices may have infringed the German carmaker’s right not to be penalised twice for the[...]
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Faraday Future starts EV production of FF 91 after months-long delay
(Reuters) -Faraday Future Intelligent Electric Inc said on Wednesday it has started production of its much-delayed first luxury electric car, FF 91 Futurist, at its California factory. Last November,[...]
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Disney’s Florida surprise: an end run around DeSantis
(Reuters) – A Florida board created to oversee Walt Disney World’s special taxation district is considering legal action after saying its power over the entertainment company’s resor[...]
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Italy PM’s party presents bill to split retail and investment banks
By Giuseppe Fonte and Alvise Armellini ROME (Reuters) -Italian Prime Minister Giorgia Meloni’s party has presented a bill in parliament to separate retail and investment banks in a move that, if[...]
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White House touts Amazon EVs, Google EV tax credit tool
By Jarrett Renshaw (Reuters) – The White House on Thursday highlighted new U.S. company moves to support electric vehicles (EVs), as final rules on tax credits aimed at boosting the industry are[...]
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Analysis-Hiring spree by China’s debt-laden local governments fuels fiscal fears
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) – Some of China’s most indebted local governments are on a hiring spree, a move that analysts say could put fragile regional f[...]
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BlackRock calls on clients to rethink hedging strategy after UK pension crisis
By Tommy Wilkes LONDON (Reuters) – BlackRock’s liability-driven investment business is urging some smaller UK pension fund clients to stop splitting assets across multiple managers, as it[...]
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Signs of pain as easy cash era ends are growing
LONDON (Reuters) – The easy-cash era is over and markets are feeling the pinch from the sharpest jump in interest rate in decades. The collapse of U.S.-lender Silicon Valley Bank (SVB) in early[...]
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