GENEVA (Reuters) – Global tensions have started to fragment trade as rival trading relationships form, the World Trade Organization (WTO) said on Tuesday, but argued it is premature to declare t[...]
Read more
September 12, 2023
Marketmind: Risk and rates moving in tandem
A look at the day ahead in U.S. and global markets from Mike Dolan Both long-term borrowing rates and riskier growth stocks of the Big Tech universe have climbed in tandem this week, a peculiar coinci[...]
Read more
SMBC agrees $3.7 billion deal for 25 Boeing 737 MAX jets
DUBLIN (Reuters) – Global leasing giant SMBC Aviation Capital said on Tuesday it had concluded an order for 25 Boeing 737 MAX aircraft in a deal worth more than $3.7 billion at current list pric[...]
Read more
Factbox-Which creditors will have priority for Citgo share auction?
By Marianna Parraga HOUSTON (Reuters) – A U.S. judge in Delaware on Tuesday will set the procedure for an upcoming auction of shares in a parent of Venezuela-owned oil refiner Citgo Petroleum to[...]
Read more
US small business sentiment falls for first time in 4 months -NFIB
By Amina Niasse NEW YORK (Reuters) – U.S. small business sentiment declined last month for the first time since April on continued concern over inflation and difficulty finding quality labor, a[...]
Read more
New Alibaba Group CEO lays out strategic priorities for staff
By Casey Hall SHANGHAI (Reuters) -New Alibaba Group CEO Eddie Wu has told staff the tech giant’s two main strategic focuses going forward will be “user first” and “AI-driven[...]
Read more
Australia tribunal sets Sept 22 as date for Chevron LNG dispute hearing
By Lewis Jackson SYDNEY (Reuters) -The dispute between Chevron and workers at its two liquefied natural facilities (LNG) in Australia will be heard by the industrial relations tribunal on Sept. 22, po[...]
Read more
China says its economy is ‘resilient’, rejects Western concerns
BEIJING (Reuters) – China’s economy is resilient and has not collapsed, the Chinese foreign ministry said on Tuesday, rejecting claims from the West that its economy is faltering and could[...]
Read more
Country Garden secures bondholder reprieve, sources say; shares soar
SHANGHAI/BEIJING (Reuters) -China’s largest private property developer Country Garden won approval from its creditors to extend repayments on six onshore bonds by three years, two sources famili[...]
Read more