Wealth Growth Daily

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US lawmakers consider changes to TikTok crackdown bill -senator

BY Reuters  • July 11, 2023July 11, 2023
By David Shepardson ARLINGTON, Virginia (Reuters) -U.S. lawmakers are considering changes to address concerns about a bill that would give the Biden administration new powers to ban Chinese-owned TikT[...]
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Asia Business Politics Technology Updated US

Marketmind: Markets soothed as peak Fed looms

BY Reuters  • July 10, 2023July 10, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The shadow over Asian markets cast by China’s economic malaise cont[...]
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Asia Business Economy US

World Bank names CEOs to help bring private funds to climate, development finance

BY Reuters  • July 10, 2023July 10, 2023
By David Lawder WASHINGTON (Reuters) -The World Bank on Monday named 15 chief executive officers including financiers and asset managers to a group launched by the lender’s president, Ajay Banga[...]
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Africa Asia Australia Business Economy Environment Europe Health Politics UK Updated US

Wall Street muted as traders eye inflation data

BY Reuters  • July 10, 2023July 10, 2023
By Lawrence Delevingne and Nell Mackenzie (Reuters) -Wall Street stocks rose slightly on Monday, while oil prices and the dollar dipped, as investors digested Chinese economic data and looked ahead to[...]
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Asia Australia Business Economy Europe Updated US

US dollar drops to three-week low as Fed rate hikes nearly done

BY Reuters  • July 10, 2023July 10, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar sank to a three-week low on Monday after comments by Federal Reserve officials reinforced market expectations that the U.S. central ba[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Indian court turns down PepsiCo’s appeal against revocation of potato patent

BY Reuters  • July 10, 2023July 10, 2023
By Mayank Bhardwaj and Sumit Khanna NEW DELHI (Reuters) – An Indian court rejected PepsiCo Inc’s appeal against an order that revoked a patent for a potato variety grown exclusively for th[...]
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Asia Business Politics Top News Updated

Investors buy Chinese stocks for the first time in almost two months

BY Reuters  • July 10, 2023July 10, 2023
NEW YORK/LONDON (Reuters) – Global hedge funds added more Chinese stocks to their portfolios than they sold in recent days for the first time in seven weeks, Goldman Sachs Group said in a report[...]
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Asia Business Economy US

Fertilizer company OCI bets big on climate-friendly ammonia

BY Reuters  • July 10, 2023July 10, 2023
By Rod Nickel and Victoria Klesty (Reuters) – Without a single sales contract in hand, Dutch fertilizer company OCI is building a $1 billion plant in Texas to produce ammonia with low greenhouse[...]
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Asia Business Canada Economy Environment Europe Politics Updated US

The manufacturing backlash: No factory in my backyard

BY Reuters  • July 10, 2023July 10, 2023
By Timothy Aeppel and Ben Klayman MARSHALL, Michigan (Reuters) – Fred Chapman has a message for Ford Motor Co, which is planning to build a sprawling factory on the outskirts of this town to mak[...]
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Asia Business Economy Environment Updated US
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