Month: April 2024

Multilateral development banks eye up to $400 billion more lending over 10 years FILE PHOTO: A man takes a photograph of exchange rates

FILE PHOTO: A man takes a photograph of exchange rates

Multilateral development banks eye up to $400 billion more lending over 10 years

Stock Focus Report April 20, 2024

By Marcela Ayres WASHINGTON (Reuters) -The Inter-American Development Bank on Saturday said leaders of 10 multilateral development...

Bitcoin ‘halving’ has taken place, CoinGecko says FILE PHOTO: Illustration shows representations of cryptocurrency Bitcoin

FILE PHOTO: Illustration shows representations of cryptocurrency Bitcoin

Bitcoin ‘halving’ has taken place, CoinGecko says

Stock Focus Report April 20, 2024

By Elizabeth Howcroft LONDON (Reuters) -Bitcoin, the world’s largest cryptocurrency, on Friday completed its “halving,” a phenomenon...

Fed survey cites inflation, US election as key financial stability risks FILE PHOTO: Clouds over the Federal Reserve in Washington

FILE PHOTO: Clouds over the Federal Reserve in Washington

Fed survey cites inflation, US election as key financial stability risks

Stock Focus Report April 19, 2024

By Howard Schneider and Pete Schroeder WASHINGTON (Reuters) -Persistent inflation and higher-for-longer interest rates were cited as...

Nike to lay off 740 employees at Oregon headquarters FILE PHOTO: The Nike swoosh logo is seen outside the

Nike to lay off 740 employees at Oregon headquarters

Stock Focus Report April 19, 2024

(Reuters) – Nike will lay off about 740 employees at its world headquarters in Oregon, a letter...

Google scraps minimum wage, benefits rules for suppliers and staffing firms FILE PHOTO: Google logo

Google scraps minimum wage, benefits rules for suppliers and staffing firms

Stock Focus Report April 19, 2024

By Daniel Wiessner (Reuters) – Alphabet Inc’s Google on Friday said it will roll back requirements that...

Apple pulls WhatsApp, Threads from China app store after Beijing order FILE PHOTO: People walk past an Apple store in Shanghai

FILE PHOTO: People walk past an Apple store in Shanghai

Apple pulls WhatsApp, Threads from China app store after Beijing order

Stock Focus Report April 19, 2024

By Josh Ye and Mrinmay Dey (Reuters) -Apple said on Friday it had removed Meta Platforms’ WhatsApp...

Albemarle, Cummins receive tax credits under Biden’s clean energy drive FILE PHOTO: Atacama Desert salt flats, lithium deposit spots, in

FILE PHOTO: Atacama Desert salt flats, lithium deposit spots, in

Albemarle, Cummins receive tax credits under Biden’s clean energy drive

Stock Focus Report April 19, 2024

(Reuters) – Albemarle, Cummins and Siemens Energy are some companies that received tax credit under a section...

IMF urges Bank of Japan to tread cautiously in raising interest rates FILE PHOTO: Pedestrians walk past the Bank of Japan building

FILE PHOTO: Pedestrians walk past the Bank of Japan building

IMF urges Bank of Japan to tread cautiously in raising interest rates

Stock Focus Report April 19, 2024

By Leika Kihara WASHINGTON (Reuters) – The Bank of Japan (BOJ) must tread cautiously in raising interest...

Stellantis to recall over 38,000 vehicles on potential airbag deployment issues FILE PHOTO: The logo of Stellantis at the entrance of

Stellantis to recall over 38,000 vehicles on potential airbag deployment issues

Stock Focus Report April 19, 2024

(This March 20 story has been corrected to say Stellantis, not Chrysler, is recalling vehicles in the...

US firms facilitated investments into blacklisted Chinese companies, says House probe FILE PHOTO: A street sign for Wall Street is seen

FILE PHOTO: A street sign for Wall Street is seen

US firms facilitated investments into blacklisted Chinese companies, says House probe

Stock Focus Report April 18, 2024

By Pritam Biswas and Mehnaz Yasmin (Reuters) -U.S. financial firms facilitated investments worth billions of dollars in...