Dollar on tenterhooks as payrolls test looms
The U.S. dollar was wavering above major support levels on Thursday, as traders awaited a batch of U.S. economic data that could set the tone at central bank meetings later this month.
Wall St edges up ahead of key economic data, AMC soars
Wall Street’s main indexes posted slim gains on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called “meme stocks.”
EXCLUSIVE UK’s Sunak says U.S. plan to break global tax deadlock could work
British finance minister Rishi Sunak said a U.S. proposal to focus on the world’s 100 biggest and most profitable firms as part of a global tax deal could work but he insisted that big tech firms must pay more tax in countries where they operate.
JPMorgan Chase on opening bank branches: 200 down, 200 to go
JPMorgan Chase & Co (JPM.N) is halfway through a campaign to open 400 new bank branches and is closing in on being the first U.S. bank to have a brick and mortar presence in every state except Alaska and Hawaii, a bank executive said on Wednesday.
Bill Gates’ next generation nuclear reactor to be built in Wyoming
Billionaire Bill Gates’ advanced nuclear reactor company TerraPower LLC and PacifiCorp (PPWLO.PK) have selected Wyoming to launch the first Natrium reactor project on the site of a retiring coal plant, the state’s governor said on Wednesday.
Oil and gas stocks carry $126 bln cost for Norway’s sovereign fund – research
Norway’s sovereign wealth fund missed out on $125.8 billion in potential returns over a three year period by investing in oil and gas rather than green stocks, according to research from Global SWF, an industry data specialist.
Dogecoin jumps on news of launch on Coinbase Pro
Dogecoin, a meme-based cryptocurrency popular among retail investors, surged on Wednesday, benefiting from news that digital asset exchange Coinbase (COIN.O) will make the crypto unit available to its users on its trading platform.
Global equities edge higher on hopes of U.S. jobs data
Global equities markets firmed on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called “meme stocks.”
EXCLUSIVE SoftBank tech fund in talks to invest in Dubai cloud kitchen Kitopi-sources
SoftBank Group Corp (9984.T) is in talks to invest in Dubai “cloud kitchen” Kitopi’s latest funding round through its second technology fund, sources familiar with the matter said.
Etsy eyes Gen-Z shoppers with $1.63 bln deal for fashion reseller Depop
Etsy Inc (ETSY.O) said on Wednesday it would buy Generation-Z focused fashion resale company Depop for $1.63 billion, seeking to attract younger shoppers and bolster its position in a booming market in vintage or used clothing.
