By Akash Sriram (Reuters) – Super Micro Computer, which joins the S&P 500 on Monday, enjoys a rare advantage among server makers that are trying to tap the generative AI boom – close t[...]
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March 18, 2024
Daimler Buses aims for ambitious margin target from 2025
(Reuters) – Daimler Truck set new ambitious targets for its bus division on Monday, now guiding for adjusted return on sales to rise to 8% from next year and to 9% by 2030. Last year, the bus di[...]
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High-profile hedge fund managers line up launches for 2024
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – A bumper crop of 40 high-profile hedge fund launches by former portfolio managers of multi-billion dollar firms is expected this[...]
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Europe’s start-ups turn to increasingly complex debt deals as cash dries up
By Elizabeth Howcroft LONDON (Reuters) – European venture capital-backed companies are signing up to increasingly complex convertible debt deals which risk giving investors more control or bigge[...]
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Morning Bid: Rates, oil lifted by China’s green shoots
A look at the day ahead in U.S. and global markets from Mike Dolan A rare positive surprise from Chinese industry and retail has unnerved interest rate and energy markets some more, upping the stakes[...]
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China’s upbeat industrial output, retail sales tempered by frail property
By Ellen Zhang and Joe Cash BEIJING (Reuters) -China’s factory output and retail sales beat expectations in the January-February period, marking a solid start for 2024 and offering some relief t[...]
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Inflation frustration may prompt Fed to dial back rate-cut outlook
By Ann Saphir (Reuters) – U.S. central bankers are not expected to cut borrowing costs this week, but their new economic projections may be a wild card, potentially signaling fewer interest rate[...]
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Explainer-Who are the BOJ’s doves and hawks?
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is on the verge of ending eight years of negative interest rate policy, as historical wage hikes heighten prospects for inflation to sustainab[...]
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Exclusive-TSMC considering advanced chip packaging capacity in Japan, sources say
By Sam Nussey, Fanny Potkin and Miho Uranaka TOKYO (Reuters) -Taiwan’s TSMC is looking at building advanced packaging capacity in Japan, according to two sources familiar with the matter, a move[...]
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