By Lewis Krauskopf NEW YORK (Reuters) – Earnings reports this week from five of the so-called Magnificent Seven stocks are putting a renewed focus on risks from the group’s outsize …
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LONDON (Reuters) – S&P Global, Moody’s and Fitch, the so-called ‘Big Three’ credit ratings agencies, are maintaining their dominance of Europe’s credit score market despite the region’s efforts to loosen …
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By Nick Carey and Christina Amann LONDON/BERLIN (Reuters) – The auto industry’s drive to make electric vehicle motors with little to no rare earth content has hit high gear, with …
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By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – A U.S. factory construction boom driven by tax credits in the Inflation Reduction Act (IRA) is helping Mitsubishi UFJ Financial Group …
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LONDON (Reuters) – The dollar is unlikely to lose its status as the global reserve currency anytime soon, even as the expansion of the BRICS group of developing nations signals …
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As More Countries Link Arms With China, Is US Dollar Dominance Truly At Risk? Will Kessler on August 29, 2023 A growing number of major economies have recently criticized the …
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Countries Unite Against Dollar Dominance At International Summit Jason Cohen on August 23, 2023 Several countries rallied against the U.S. dollar at the Brazil, Russia, India, China and South Africa …
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By Tim Cocks JOHANNESBURG (Reuters) – BRICS leaders meet in South Africa next week to discuss how to turn a loose club of nations accounting for a quarter of the …
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LA PAZ (Reuters) – Bolivia’s government is determined to curb dependence on the U.S. dollar for foreign trade, instead turning to the Chinese yuan, officials said, as Latin American support …
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By Joyce Lee SEOUL (Reuters) – Samsung Electronics unveiled its latest foldable smartphones on Wednesday, keeping prices around the same level three years in a row as it seeks to …
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‘Catastrophic’: Biden’s Policies Put US Dollar’s Global Dominance At Risk, Economists Say Jason Cohen on July 16, 2023 The policies of President Joe Biden’s administration are undermining the strength of …
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LONDON (Reuters) – The dollar’s grip as the dominant global currency is loosening, credit rating agency S&P Global’s top economist said on Tuesday. Aggressive U.S. sanctions such as last year’s …
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By Foo Yun Chee BRUSSELS (Reuters) – The European Commission on Tuesday set out a plan in a bid to take the lead in the metaverse – shared virtual worlds …
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By Karl Plume CHICAGO (Reuters) – U.S. corn export dominance is fading in an increasingly competitive global marketplace as Brazil, aided by a new supply agreement with China, is set …
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By Mai Nguyen (Reuters) – China said on Monday it will impose export restrictions on gallium and germanium products used in computer chips and other components to protect national security …
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By Ahmad Ghaddar LONDON (Reuters) – Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman earlier this month outlined one of the biggest reforms at OPEC in recent years and presented …
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Musk Meets With Chinese Foreign Minister As China’s EV Dominance Continues John Hugh DeMastri on May 30, 2023 Tesla CEO Elon Musk met with China’s Foreign Minister Qin Gang in …
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By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar’s dominance in international trade and finance will persist for decades despite new challenges and even when a more multipolar …
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‘Increasingly Under Siege’: How Interventionist Foreign Policy And A Rising China Threaten The Dollar’s Dominance John Hugh DeMastri on April 7, 2023 Recent moves by the U.S. and foreign actors …
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STOCKHOLM (Reuters) – European states increased their imports of major weaponry by 47% in the five years to 2022, while the United States’ share of global arms exports rose to …
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By Nidhi Verma and Noah Browning NEW DELHI/LONDON (Reuters) – U.S.-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as most deals …
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DEROY MURDOCK: China’s Dominance In One Market Could Literally Be The Death Of Us. Here’s How Deroy Murdock on February 11, 2023 Imagine what would Joe Biden or a future …
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By Richa Naidu and Aditya Kalra LONDON/NEW DELHI (Reuters) – Unilever racked up strong sales growth in India last year on the back of sharp prices increases thanks to its …
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(Reuters) -The U.S. Justice Department is poised to sue Alphabet Inc’s Google as soon as Tuesday regarding its dominance over the digital advertising market, Bloomberg News reported on Monday, citing …
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(Reuters) – Russian President Vladimir Putin on Friday said the West’s desire to maintain its dominance on the world stage was increasing the risks of conflict. “The potential for conflict …