Investing

NICOSIA (Reuters) – A two-notch upgrade of Cyprus’ debt by Moody’s (NYSE:MCO) is a vote of confidence in the island’s economy, the country’s president said on Saturday. Moody’s upgraded Cyprus’…

By Uditha Jayasinghe COLOMBO (Reuters) -The International Monetary Fund (IMF) approved the third review of Sri Lanka’s $2.9 billion bailout on Saturday but warned that the South Asian economy remains…

By Davide Barbuscia (Reuters) – Investors are hoping President-elect Donald Trump will name a Treasury secretary soon who will assuage their concerns about the Republican’s policy promises that have weighed…

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – President-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov. 5 election victory financial…

By Alexandra Alper WASHINGTON (Reuters) -The Biden administration is set to unveil new export restrictions on China as soon as next week, the U.S. Chamber of Commerce told members in…

By Lawrence Delevingne and Carolina Mandl BOSTON/NEW YORK (Reuters) – As a money manager, Scott Bessent’s years of inconsistent performance have contributed to a nearly 90% decline in his hedge…

Investing.com — The Fed is likely to rein in its forecast for rate cuts next year as Fed members are teeing up the idea of a higher neutral rate pointing to…

FRANKFURT (Reuters) -Brussels and Beijing are nearing a solution over tariffs on Chinese electric vehicle imports into the bloc, the chair of the trade committee of the European Parliament told…

By Arsheeya Bajwa (Reuters) -Amazon.com pumped in an additional $4 billion into artificial intelligence startup Anthropic, as the e-commerce giant goes up against Big Tech rivals in a race to…