BEIJING (Reuters) -Vaccine maker Moderna Inc said on Friday it was looking for opportunities in China after confirming that it had registered a legal entity in the world’s second largest economy[...]
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May 26, 2023
Companies beef up contingency plans ahead of US debt-ceiling deadline
By Laura Matthews NEW YORK (Reuters) -Some corporate treasurers are stepping up their contingency plans to address any upcoming funding and liquidity needs to get ahead of the risk of debt default as[...]
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Norway adds pressure as oil major climate protests heat up
By Victoria Klesty, Benjamin Mallet and America Hernandez (Reuters) – Pressure mounted on oil majors on Friday as Norway’s giant sovereign wealth fund said it would vote against CEOs at Ch[...]
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Global money market funds attract heavy inflows as US debt ceiling looms
(Reuters) – Global money market funds drew inflows for a fifth straight week in the seven days to May 24 as investors resorted to buying safer assets on caution with time running out for talks o[...]
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Dutch watchdog looking into alleged Tesla data breach
By Riham Alkousaa and Toby Sterling BERLIN/AMSTERDAM (Reuters) – The data protection watchdog for the Netherlands said on Friday it was aware of possible Tesla data protection breaches, but it w[...]
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French tyre maker Michelin sells its activities in Russia
By Dina Kartit (Reuters) – French tyre maker Michelin said on Friday it was selling its Russia Tyre Manufacturing Company (MRTMC) and Camso CIS in Russia to Power International Tires, a tyre dis[...]
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Italy’s UniCredit expands payments partnership with Mastercard
ROME (Reuters) – Italy’s second-largest bank UniCredit said on Friday it had entered into an enlarged payments partnership with Mastercard. The agreement covers 13 banks in 12 markets, tot[...]
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ECB’s Lane pushes back on core inflation worries
DUBROVNIK, Croatia (Reuters) – Falling energy prices will lower underlying inflation in the euro zone and rapid wage growth is not putting undue pressure on prices, European Central Bank Chief E[...]
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Marketmind: Debt deal is near, Fed peak is not
A look at the day ahead in U.S. and global markets from Mike Dolan As the AI-led tech stock boom unfolds, there’s light at the end of the U.S. debt ceiling saga – only markets now reckon t[...]
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