SYDNEY (Reuters) – Australia’s central bank said on Wednesday that monetary policy was restrictive with the current cash rate causing financial pain for many households, but it could not r[...]
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June 25, 2024
RTX’s Collins in talks to drop ISS spacesuit contract with NASA, sources say
By Joey Roulette WASHINGTON (Reuters) -RTX Corp subsidiary Collins Aerospace is in talks with NASA to back out of its contract to build new spacesuits for astronauts on the International Space Station[...]
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Albemarle plans more lithium auctions to boost market transparency
By Ernest Scheyder LAS VEGAS (Reuters) -Albemarle, the world’s largest lithium producer, plans to hold more auctions for the metal used in electric vehicle batteries to boost price transparency[...]
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Aston Martin to start delivery of Alonso-inspired race car Valiant in fourth quarter
By Yadarisa Shabong (Reuters) – Aston Martin announced the debut of its new limited edition sportscar Valiant on Wednesday and said deliveries would start in the fourth quarter, as the British c[...]
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Bank of Japan opens door for a hawkish double surprise
By Leika Kihara TOKYO (Reuters) -The Bank of Japan is dropping signals its quantitative tightening (QT) plan in July could be bigger than markets think, and may even be accompanied by an interest rate[...]
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BlackRock directors keep seats at six funds in proxy battle with Saba
By Svea Herbst-Bayliss NEW YORK (Reuters) – BlackRock held onto board seats at six closed end funds last week after investment firm Saba Capital Management did not secure enough votes to replace[...]
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16 Nobel Prize-winning economists say Trump policies will fuel inflation
By Tim Reid (Reuters) – Sixteen Nobel prize-winning economists signed a letter on Tuesday warning that the U.S. and world economy will suffer if Republican presidential candidate Donald Trump wi[...]
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Nvidia short sellers make $5 billion from three-day selloff, data shows
(Reuters) – Nvidia short sellers have raked in nearly $5 billion in paper profits from the AI chip designer’s sharp selloff over the past three sessions, according to data analytics firm O[...]
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PetroChina to pay $14.5 million fine for US export violations, DOJ says
WASHINGTON (Reuters) – PetroChina International America, a unit of PetroChina, has agreed to pay a fine and forfeiture totaling $14.5 million for violations of U.S. export law, the Justice Depar[...]
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