Author Archives: Syndicated Content
COVID-19 to weigh on U.S. seaport peak shipping season
By Lisa Baertlein LOS ANGELES (Reuters) - Imports at major U.S. container seaports could hit their lowest level in four years as the novel coronavirus pandemic pummels a U.S. economy that was already ...
Aug 13, 2020
Mexican central bank cuts key interest rate 50 basis points to 4.5%
MEXICO CITY (Reuters) - Mexico's central bank on Thursday cut its key interest rate by 50 basis points to 4.5% in a majority decision by its five board members, bringing the rate to its lowest level i...
Aug 13, 2020
Motor racing-Ricciardo still hoping to leave his mark on Renault F1 boss
By Alan Baldwin (Reuters) - Australian Daniel Ricciardo is still hoping to leave his mark on Renault Formula One team boss Cyril Abiteboul before moving to McLaren. The 31-year-old made a bet with Abi...
Aug 13, 2020
White House’s Kushner confirms he met with entertainer Kanye West
WASHINGTON (Reuters) - White House adviser Jared Kushner confirmed on Thursday that he had met recently with entertainer Kanye West, who is seeking to get his name on ballots for the Nov. 3 U.S. presi...
Aug 13, 2020
New Southern California wildfire expected to linger for days
NEW YORK (Reuters) - A Southern California wildfire that engulfed more than 10,000 acres in less than a day was slowed on Thursday by light rains, but is still raging and will remain a formidable thre...
Aug 13, 2020
Citron’s Andrew Left digs in heels on GSX short after 200% rally
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Short-seller Andrew Left is betting the Trump Administration's hardening line on U.S.-listed Chinese companies will help derail a rally in the shares of GSX T...
Aug 13, 2020
Saudi-led coalition downs armed drone, two ballistic missiles launched towards kingdom: state TV
DUBAI (Reuters) - The Saudi-led coalition fighting the Houthi movement in Yemen said on Thursday it intercepted and downed an armed drone and two ballistic missiles launched towards a southern part of...
Aug 13, 2020
Weak demand for record-size 30-year U.S. debt auction
By Kate Duguid NEW YORK (Reuters) - The record-size auction of $26 billion 30-year bonds by the U.S. Treasury Department on Thursday sold poorly, with the bid-to-cover ratio, a measure of overall dema...
Aug 13, 2020
U.S. Fed buys $39.9 billion of mortgage bonds, sells $17.85 billion
NEW YORK, Aug 13 (Reuters) - The Federal Reserve bought $39.871 billion of agency mortgage-backed securities in the week from Aug. 6 to Aug. 12, compared with $30.223 billion purchased the previous we...
Aug 13, 2020
Rossi backs KTM to push for title success
(Reuters) - Former MotoGP world champion Valentino Rossi believes KTM can be genuine title contenders for the world championship in 2020 and said Brad Binder's victory at the Czech Republic Grand Prix...
Aug 13, 2020
