Analysis: Planned global tax raid catches ethical investor zeitgeist
A global tax crackdown on multinationals has the backing of some of the world’s biggest investors who say that using low-tax jurisdictions falls foul of the tenets they have committed to.
Analysis: Big oil may get more climate lawsuits after Shell ruling -lawyers, activists
A Dutch court’s decision to force Royal Dutch Shell (RDSa.L) to make deeper, faster cuts to its climate warming emissions on the basis of human rights could set a precedent, especially in European countries, according to lawyers and activists.
Analysis: Out of power in Washington, Republicans pursue hard-right agenda
Shut out of power in Washington, Republicans are using their dominance in state houses across the country to oppose Democratic President Joe Biden’s agenda and appease the diehard supporters of his Republican predecessor, Donald Trump. In Texas, Republican lawmakers are pushing for legislation that would allow citizens to carry a handgun without a permit or […]
Analysis: Cryptocurrency ethereum is flourishing but risks linger
Ethereum has outperformed major digital currency rivals this year, bolstered by the surge in decentralized finance (DeFi) and the anticipation of a technical adjustment this summer, but it faces hurdles that could stall its rise. With a jump of more than 350% in its price this year, ethereum has the second-largest market capitalization after bitcoin, […]
Analysis: Fund managers see value, cyclical stocks running further despite slow U.S. jobs recovery
While some technology stocks got a boost Friday after a disappointing U.S. jobs report, some portfolio managers say that blow-out earnings from several large technology companies over the last few weeks are not enough to keep making outsized bets on the sector.
Analysis: Rail accident rattles Mexico’s presidential succession favorites
The dramatic collapse of a rail overpass in Mexico City that killed at least 24 people has dealt a blow to two of President Andres Manuel Lopez Obrador’s most senior aides, who are widely viewed as the leading candidates to succeed him. Monday night’s accident has stirred up concern about the city’s infrastructure, in particular […]
EXCLUSIVE Boeing faces new hurdle in 737 MAX electrical grounding issue -sources
U.S. air safety officials have asked Boeing Co (BA.N) to supply fresh analysis and documentation showing numerous 737 MAX subsystems would not be affected by electrical grounding issues first flagged in three areas of the jet in April, two people familiar with the matter told Reuters. The extra analysis injects new uncertainty over the timing of when […]
Analysis: Diplomatic dance or standoff? N.Korea and U.S. tread cautious line
While North Korea’s barrage of complaints about U.S. President Joe Biden’s policies over the weekend might appear to be ratcheting up tensions, some signs suggest Pyongyang hasn’t ruled out diplomacy with the new team in Washington. Few observers expect talks to resume soon – both countries are more focused on issues including the coronavirus pandemic […]
Analysis: As small-cap stocks lag, Wall Street worries about broad slowdown
An historic rally in share prices for smaller U.S. companies has slowed sharply in April after six months of strong gains, leading many investors to worry that the stock market as a whole may have already priced in a strong rebound from the pandemic. “The easy money has been made for small caps and for […]
Analysis – A tale of two tapers: This time is different for a Fed focused on jobs
WASHINGTON/SAN FRANCISCO (Reuters) – Eight years ago this month Jerome Powell, still in his rookie year as a Federal Reserve governor, surveyed the U.S. job market and declared it was good enough for the central bank to reduce the support for the economy it had rolled out to fight the 2007 to 2009 financial crisis.
