Wealth Growth Daily

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Global stocks start September in cautious mood

BY Reuters  • September 2, 2024September 2, 2024
By Harry Robertson and Wayne Cole LONDON/SYDNEY (Reuters) -Share markets fell slightly on Monday as investors braced for a data-packed week culminating in a U.S. jobs report that could decide whether[...]
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Starlink tells Brazil regulator it will not comply with X suspension

BY Reuters  • September 2, 2024September 2, 2024
By Luciana Novaes Magalhaes (Reuters) – Elon Musk-controlled satellite internet provider Starlink has told Brazil’s telecom regulator Anatel it will not comply with a court order to block[...]
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Tesla’s China-made EV sales in August up 3% yr/yr

BY Reuters  • September 2, 2024September 2, 2024
BEIJING (Reuters) -Sales of U.S. automaker Tesla’s China-made electric vehicles grew 3% in August from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday. Deli[...]
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Brazil’s economy expected to have grown at solid pace in second quarter

BY Reuters  • September 2, 2024September 2, 2024
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy kept growing at a solid pace last quarter compared to the first three months of the year, supported by household expenditure, a R[...]
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ByteDance taps banks for $9.5 billion Asia dollar corporate loan, sources say

BY Reuters  • September 2, 2024September 2, 2024
(Reuters) – TikTok-owner ByteDance is tapping banks for a $9.5 billion loan that would be the biggest dollar-denominated corporate facility in Asia ex-Japan, two sources with knowledge of the ma[...]
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Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain

BY Reuters  • September 2, 2024September 2, 2024
(Reuters) – Market values of major tech firms declined in August amid concerns over escalating artificial intelligence infrastructure costs and rising recession risks that would make the stocks[...]
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A dollar on the defensive brings relief to policymakers globally

BY Reuters  • September 2, 2024September 2, 2024
By Alun John and Karin Strohecker LONDON (Reuters) – The dollar fell more than 2% against other major currencies in August, marking its biggest monthly drop this year and providing some relief t[...]
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US crypto executives to throw Washington fundraiser for Harris

BY Reuters  • September 2, 2024September 2, 2024
By Hannah Lang (Reuters) -Cryptocurrency investors and industry executives calling on Vice President Kamala Harris to pursue a softer regulatory stance on the industry are planning to raise at least $[...]
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Euro zone factories stuck in a rut as Asia shows tentative signs of recovery

BY Reuters  • September 2, 2024September 2, 2024
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Factories in the euro zone remained mired in contraction last month, surveys showed, with the data suggesting a recovery could be some way of[...]
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