funds

U.S. Commerce chief urges Congress to act on chip funding by August

U.S. Commerce Secretary Gina Raimondo on Monday urged U.S. lawmakers to complete action on a $52 billion boost in government…

4 years ago

ECB should retain flexibility of emergency stimulus scheme – Panetta

The European Central Bank should retain the exceptional flexibility of its emergency bond buys after the current crisis, ECB board…

4 years ago

Canada lawmakers pass budget bill with pandemic supports ahead of summer recess

Canadian lawmakers on Wednesday passed Prime Minister Justin Trudeau's budget bill, approving billions in funding to extend COVID-19 supports on…

4 years ago

Japan to consider tighter rules on foreign owners of domestic firms -Yomiuri

The Japanese government is looking at tightening regulations on foreign funds that hold stakes in domestic firms with important technology…

4 years ago

Explainer: Mystery behind slump in India’s Adani Group company shares

Shares of companies controlled by Indian billionaire Gautam Adani recorded their biggest weekly losses ever. The six stocks cumulatively lost…

4 years ago

Explainer: Lebanon’s financial meltdown and how it happened

Lebanon is grappling with a deep economic crisis after successive governments piled up debt following the 1975-1990 civil war with…

4 years ago

Alphabet’s Waymo raises $2.5 bln in first fresh funding in a year

June 16 (Reuters) - Alphabet Inc’s (GOOGL.O) self-driving unit Waymo said on Wednesday it raised $2.5 billion in its first…

4 years ago

Fed gives money funds relief with short-term rate adjustments

June 16 (Reuters) - The Federal Reserve on Wednesday gave relief to money market investors that have been struggling to…

4 years ago

EU hires banks for first recovery fund bond – lead managers

The European Union on Monday hired banks for a 10-year bond sale, the first to finance its recovery fund, according…

4 years ago

Clariant agrees to sell pigments business in $950 mln deal

Clariant (CLN.S) has agreed to sell its pigments business to Heubach Group and SK Capital Partners in a deal which…

4 years ago