Investing.com — Despite NIO Inc (NYSE:NIO) (HK:9866). seeing a sharp 50% year-to-date decline, Wall Street analysts are increasingly bullish about the company’s future prospects. Both Jefferies and Citi Research have expressed confidence…
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By Nicole Jao (Reuters) – Oil prices edged up in early trading on Friday as investors weighed a big withdrawal from U.S. crude inventories and a delay to production hikes…
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LONDON (Reuters) – Britain needs an additional one trillion pounds ($1.3 trillion) in investment in the next decade to grow the economy, a report said on Friday. New British Prime…
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TOKYO (Reuters) – Japanese household spending rose less than expected in July, government data showed on Friday, as consumers remained wary of loosening their purse strings in the face of…
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By Jamie McGeever ORLANDO, Florida (Reuters) -The past month in markets has been littered with momentous events: a record burst in U.S. stock market volatility, near-confirmation from the Federal Reserve…
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By Daphne Psaledakis and Harold Isaac PORT-AU-PRINCE (Reuters) -U.S. Secretary of State Antony Blinken on Thursday called for renewing a United Nations mandate for an international security mission to help…
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Economy News
Central American development bank sues ex-president in US, claiming extortion, abuse of power
(Reuters) -The Central American Bank for Economic Integration said on Thursday it filed a lawsuit against its former president in U.S. district court that accuses him of attempted extortion and…
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By Nate Raymond (Reuters) -A U.S. judge on Thursday temporarily blocked President Joe Biden’s administration from implementing its latest student debt forgiveness plan, just days after seven Republican-led states filed…