Elon Musk Claims $300 Million in Federal Funding Paid to Reuters Influenced Negative News Coverage
Washington, D.C., – In a recent wave of controversy, billionaire entrepreneur Elon Musk has publicly accused Reuters, one of the world’s largest international multimedia news agencies, of being compromised by federal funding.…
Morale at Japan big manufacturers logs first negative reading in 2 years -Reuters Tankan
By Tetsushi Kajimoto TOKYO (Reuters) – Business confidence at big Japanese firms slid in January with manufacturers showing a negative reading for the first time in two years, the Reuters Tankan survey…
S&P Global cuts Peru’s outlook to negative on heightened political risk
(Reuters) – Global ratings agency S&P Global cut Peru’s outlook to negative from stable, citing risks to the sovereign’s credit worthiness from a political standstill and challenging relationship between the country’s executive…
Loss of Viva would have negative impact on Colombia’s airline industry -Avianca
By Luis Jaime Acosta BOGOTA (Reuters) – The potential collapse of the low-cost Colombian airline Viva could lead to higher fares and the loss of connections to some cities, Avianca’s chief executive…
Euro zone growth will likely be negative in Q4, inflation high, ECB’s De Guindos Says
MADRID (Reuters) – The euro zone economy will likely show negative growth rates in the fourth quarter while inflation will still remain high before starting to slow down in the first quarter,…
Investors flock to short crypto funds, products as negative sentiment deepens -CoinShares
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Institutional investors rushed to crypto products that bet on price declines, posting record inflows, as the collapse of digital asset exchange FTX rippled across the…
Moody’s changes Renault’s outlook to “stable” from “negative”
PARIS (Reuters) – Moody’s Investors Service said on Friday it changed the outlook on French carmaker Renault’s ratings to stable from negative to reflect prospects of improved profitability from its strategic plan.…
BOJ must phase out yield cap, negative rate – govt panel member Okina
By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) – The Bank of Japan (BOJ) must redefine its inflation target and phase out a radical yield-cap policy to mitigate mounting costs of prolonged…
Moody’s cuts UK outlook to ‘negative’ over political turmoil
(Reuters) -Ratings agency Moody’s on Friday lowered the United Kingdom’s outlook to “negative” from “stable” over ongoing political turmoil, weaker growth prospects and high inflation. Moody’s maintained its sovereign rating for the…
Fed’s net income turned negative in September, but it was no surprise
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s net income turned negative in September, minutes from its most recent policy meeting showed, although the largely technical development – previously…
Analysis-Europe says goodbye to negative rates – or just ‘au revoir’?
By Mark John and Dhara Ranasinghe LONDON (Reuters) – Europe’s decade-long experiment with negative interest rates, which ended on Thursday with the Swiss National Bank’s return to positive territory, showed one thing:…
U.S. first lady Jill Biden tests negative for COVID-19
WASHINGTON (Reuters) – U.S. first lady Jill Biden has tested negative for COVID-19 and will return to Washington from Delaware on Aug. 30, a spokeswoman said on Monday. Jill Biden, 71, had…
Colombia oil, tourism industries warn tax reform may have negative impact
BOGOTA (Reuters) – Representatives of Colombia’s oil, mining and tourism industries told opposition lawmakers on Monday a $5.7 billion tax reform proposed by the government of leftist President Gustavo Petro could put…
Murphy Accused of Hiding Negative Financial Impact of Governor’s New Energy Master Plan
From the desk of Steven Oroho, NJ State Senator The latest ratepayer impact study of Governor Murphy’s Energy Master Plan inexplicably ignores many of the most costly mandates, said Senator Steven Oroho…
Fed staff sees bond portfolio income turning negative in coming months
(Reuters) – Federal Reserve staff expect the net income from the Fed’s holdings of more than $8 trillion of bonds to “turn negative in coming months,” a readout of the central bank’s…
White House: Biden to remain in isolation until he tests negative for COVID
(Reuters) – President Joe Biden will remain in isolation until he tests negative for COVID-19, White House spokeswoman Karine Jean-Pierre said on Thursday. She also said it would be up to Biden’s…
Denmark’s decade-long experiment with negative rates seen ending soon
COPENHAGEN -Danish banks expect a decade-long experiment with negative interest rates to soon come to an end, after the country’s central bank raised its key interest rate, sending it closer towards positive…
Fitch raises United States’ outlook to ‘stable’ from ‘negative’
(Reuters) – Global ratings agency Fitch on Friday raised United States’ outlook to “stable” from “negative” on improved near-term government debt dynamics, driven by a stronger-than-expected post-pandemic economic recovery. The agency said…
Govt panel member says BOJ’s yield cap causing ‘negative spiral’ of yen falls
By Leika Kihara and Yoshifumi Takemoto TOKYO – The Bank of Japan’s resolve to keep borrowing costs ultra-low is causing a “negative spiral” of yen weakness that highlights the need to tweak…
Philadelphia Fed manufacturing index goes negative for first time in 2 years
(Reuters) – Manufacturing activity in the U.S. mid-Atlantic region weakened unexpectedly in June as new orders dropped to a two-year low and goods producers’ near-term outlook sank to the lowest since 2008,…
ECB can safely raise rates out of negative territory, Visco says
KOENIGSWINTER, Germany – The European Central Bank can raise its benchmark interest rate out of negative territory without major economic consequences because financing conditions would still remain exceptionally easy, ECB policymaker Ignazio…
ECB to hike deposit rate 25 bps in July, ditch negative rates by end-September: Reuters poll
By Swathi Nair BENGALURU – The European Central Bank is expected to raise the deposit rate for the first time in over a decade in July and bring it out of negative…
China state banks seen busy with FX swaps, pressing swap points to negative
SHANGHAI -China’s major state-owned banks were actively swapping yuan for dollars in the onshore forwards market on Tuesday, five banking sources said, pressuring swap points into negative territory for the first time…
NEGATIVE GROWTH: GDP Takes An Unexpected Nosedive
NEGATIVE GROWTH: GDP Takes An Unexpected Nosedive Ailan Evans on April 28, 2022 The U.S. economy under President Joe Biden has shrunk for the first time since the beginning of the pandemic…
‘Negative Growth’: Experts Call China’s Bluff On Its Latest Economic Report
‘Negative Growth’: Experts Call China’s Bluff On Its Latest Economic Report Philip Lenczycki on April 19, 2022 China released its gross domestic product report for the first quarter of 2022, showing 4.8%,…
U.S. House Speaker Pelosi tests negative for COVID
WASHINGTON – U.S. House of Representatives Speaker Nancy Pelosi tested negative for COVID-19 on Monday after testing positive last week, she said in a tweet. “Today, happily I tested negative for COVID.…
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