(Reuters) -Intercontinental Exchange Inc (ICE) will pay a $10 million penalty to settle charges its subsidiaries failed to immediately alert the Securities and Exchange Commission of a cyber intrusion[...]
Read more
May 22, 2024
Explainer-What New Caledonia riots mean for the nickel industry
By Gus Trompiz PARIS (Reuters) – A wave of civil unrest in New Caledonia, a French overseas territory in the southern Pacific that is a leading nickel producer, has halted mining operations and[...]
Read more
S&P 500 to end 2024 around current levels after strong run: Reuters poll
By Caroline Valetkevitch NEW YORK (Reuters) – The Standard & Poor’s 500 will end the year near current levels, but strong stock market gains so far in 2024 have some strategists saying[...]
Read more
Temu-parent PDD Holdings beats first-quarter revenue estimates
By Casey Hall and Akash Sriram (Reuters) -PDD Holdings beat first-quarter revenue estimates on Wednesday, powered by its international shopping site Temu and and growing consumer interest in its Chine[...]
Read more
Nigerian court adjourns Binance, executives’ tax evasion trial to June 14
By Camillus Eboh ABUJA (Reuters) – A Nigerian court has adjourned a tax evasion case against Binance to next month for possible arraignment of the cryptocurrency exchange and two of its executiv[...]
Read more
Analysis-Emerging market credit ratings are finally looking up again
By Marc Jones LONDON (Reuters) – From Brazil, Nigeria and Turkey to even some of the riskiest emerging markets such as Egypt and Zambia, evidence is growing that a decade-long deterioration in s[...]
Read more
Shell sees emerging Asian markets taking more of world’s growing LNG supply
By Emily Chow PERTH, Australia (Reuters) – Shell expects its Australian supplies of liquefied natural gas (LNG) to help meet demand from emerging markets in south and southeast Asia, which are t[...]
Read more
Several Chinese cities slash down payments, mortgage rates to boost property demand
BEIJING (Reuters) – Several cities across China have lowered down payment and mortgage loan interest rates, in response to the latest wave of stimulus measures to boost lackluster property deman[...]
Read more
European Commission official sees $100 billion in private chip investment by 2030
By Toby Sterling ANTWERP, Belgium (Reuters) – The European Chips Act is on track to help attract more than 100 billion euros ($108.41 billion) worth of private investment to the European semicon[...]
Read more