CurrenciesStocks slip as US consumer confidence slumps, dollar gainsMay 12, 202368Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 11, 2023....
EconomyEU ministers back plan to reduce economic reliance on ChinaMay 12, 202374STOCKHOLM, May 12 (Reuters) - European Union ministers on Friday backed reducing the bloc's economic dependence on China but will...
BankingWall St Week Ahead Amid banking woes, faltering US small-caps offer ominous economic signMay 12, 202372NEW YORK, May 12 (Reuters) - A U.S. stocks rally is leaving behind smaller companies, a sign that investors may...
CurrenciesUS consumer sentiment plummets to six-month low on debt ceiling debacleMay 12, 202380A shopping cart is seen in a supermarket in Manhattan, New York City, U.S., June 10, 2022. REUTERS/Andrew Kelly/File PhotoConsumer...
BankingHSBC to pay $75 million in penalties to settle U.S. CFTC chargesMay 12, 202391NEW YORK, May 12 (Reuters) - Units of HSBC Holdings Plc (HSBA.L) have agreed to pay $75 million to settle...
Stock MarketVietnam EV maker VinFast to list in US via a SPACMay 12, 202375HANOI, May 12 (Reuters) - Vietnamese electric automaker VinFast said on Friday it will list in the United States via...
EconomyUK economy makes slow start to 2023 as inflation headwinds persistMay 12, 202383UK GDP grows 0.1% in Q1 2023, matching forecastsEconomy unexpectedly shrank by 0.3% in MarchStrikes and weak retail weigh on...
InvestingNorthvolt to build multi-billion euro battery plant in GermanyMay 12, 2023122Northvolt could invest 3-5 bln in plant - sourcesSubsidies of around half a billion subject to approval - sourcesEurope, U.S....
BankingBig US banks to pay billions to replenish failure fundMay 11, 202383May 11 (Reuters) - Large U.S. lenders will bear most of the cost of replenishing a deposit insurance fund that...
EconomyAnalysis: Sterling’s star may fade as focus shifts to squeeze on UK economyMay 11, 202375Pound best performing G10 currency vs USD in 2023Headwinds ahead as rate hikes biteNo longer attractive in short-term -analystsLONDON, May...