Automakers want Biden team to prioritize chips for cars.

ANKARA, April 16 Reuters Turkeys central bank said on Friday that it banned the use of crypto assets in payments as they entailed significant risks due to volatile market values, irrevocable transactions and are used in illegal actions It is considered that their use in payments may cause nonrecoverable losses for the parties to the […]

Peer benchmarks are emerging as an important requirement for contextualizing trading performance in fixed income markets.

The liquidity surplus in India’s banking system is projected to surge in April and stay at record levels through 1H fiscal 2022.

MOSCOW, April 15 Reuters The Russian rouble pared losses on Thursday, after dropping more than 2 versus the dollar in early trade, as the imminent threat of new U.S. sanctions on Moscow, which may target sovereign debt, were largely priced in by investors. The United States may announce sanctions on Russia as soon as Thursday […]

Gold futures climbed Thursday, with prices poised to log their biggest daily gain since March as benchmark U.S. bond yields pull back and rising U.S. tensions with China and Russia boosted the haven metals appeal to investors. Gold also moved up after a series of good reports on the health of the U.S. economy, which […]

WASHINGTON, April 15 Reuters Production at U.S. factories rebounded in March amid strengthening domestic demand, with output of motor vehicles rising despite a global semiconductor chip shortage that has forced some automakers to cut production. Manufacturing production jumped 2.7 last month after declining 3.7 in February, the Federal Reserve said on Thursday. Manufacturing production remains […]

April 15 Reuters Shares of Dell rose nearly 8 in premarket on Thursday, a day after the PC maker said it would spin off its majority stake in cloud computing software maker VMware, which would trim down its business and make the firm nimbler. The spinoff of its 81 stake in VMware, first proposed in […]

LONDON, April 15 Reuters More businesses and individuals across Britain were declared insolvent last month than earlier in 2021 though levels remained mostly below those of a year ago as government support muted the impact of the coronavirus pandemic. Britains economy shrank by almost 10 last year and millions of people have been unable to […]

April 15 Reuters Sri Lankan shares rose for a ninth straight session on Thursday, as financial and industrial stocks gained. The CSE AllShare Index rose 1.4 to close at 7,664.38 points after a twoday holiday. The index, up over 13.1 for the year, is set for its longest winning streak this year. Conglomerate Lanka ORIX […]