Fed determined to curb inflation, several more half-point hikes ‘probably appropriate’

Managers want “quickly return monetary policy to a neutral path”. US central bank officials have said they are determined to bring inflation down sharply, and most of them estimated at their last meeting in early May that several more half-point rate hikes will be “probably necessary”. Read alsoWall Street opens lower while waiting for the … Read more

USA-UN to vote Thursday on tougher sanctions against North Korea – 05/26/2022 at 02:58

UNITED NATIONS, May 25 (Reuters) – The United Nations Security Council will vote on Thursday on a U.S. proposal to tighten sanctions on North Korea over its new ballistic missile strikes, a move it said China, will not solve any problem. The vote comes after Pyongyang fired three ballistic missiles the day after US President … Read more

Elon Musk’s tunnel-building business is worth nearly $6 billion

Founded in 2016 by the boss of Tesla and SpaceX, the start-up aims to revolutionize urban transport. The start-up The Boring Company, founded by Elon Musk and specializing in the construction of tunnels in large cities, announced that it had raised $675 million, bringing its valuation to $5.675 billion. Read alsoElon Musk attacks Twitter and … Read more

Accused of corruption and manipulation, Glencore signs agreements in the United Kingdom, the USA and Brazil

The group said in February that it had set aside $1.5 billion in provisions to settle ongoing investigations. The Swiss group Glencore announced on Tuesday that it had entered into coordinated agreements with authorities in the United Kingdom, the United States and Brazil, pleading guilty to corruption and market manipulation. Read alsoGlencore to invest USD … Read more

USA-Values ​​to follow on Wall Street – 05/24/2022 at 11:51

PARIS, 24 mai (Reuters) – Principales valeurs à suivre mardi à Wall Street où les contrats à terme signalent un repli de 0,9% pour le Dow Jones .DJI , de 1,23% pour le Standard & Poor’s-500 .SPX et de 1,81% pour le Nasdaq.: * SNAP SNAP.N chutait de 28% dans les échanges en avant-Bourse après … Read more

Hyundai will invest more than 10 billion dollars in the United States until 2025 – 05/22/2022 at 12:11

HYUNDAI TO INVEST MORE THAN $10 BILLION EUROS IN THE UNITED STATES UNTIL 2025 SEOUL (Reuters) – Hyundai Motor Group said on Sunday it would invest an additional $5 billion (4.7 billion euros) in the United States by 2025 to boost collaboration with U.S. companies in the field of advanced technologies. The investments, announced during … Read more

US wants to strengthen economic ties with Taiwan, says Sullivan – 05/22/2022 at 10:53

ON BOARD AIR FORCE ONE, May 22 (Reuters) – The United States wants to strengthen its economic partnership with Taiwan, especially in cutting-edge technology, White House national security adviser Jake Sullivan said on Sunday. . US President Joe Biden arrived in Japan on Sunday to attend a “Quad” group summit bringing together the United States, … Read more

Hyundai will invest more than $10 billion in the USA until 2025 – 05/22/2022 at 06:57

SEOUL, May 22 (Reuters) – Hyundai Motor Group said on Sunday it will invest an additional $5 billion (4.7 billion euros) in the United States by 2025 to strengthen collaboration with American companies in the field of advanced technologies. The investments, announced during a visit by US President Joe Biden to Seoul, relate to robotics, … Read more

Biden and Yoon highlight the strength of the alliance between the USA and South Korea – 05/21/2022 at 10:38

(Updated with quotes) SEOUL, May 21 (Reuters) – U.S. President Joe Biden and his South Korean counterpart Yoon Suk-yeol stressed on Saturday the strength of the alliance between their two countries, especially against North Korea, during the their first meeting since the inauguration of the new South Korean president 11 days earlier. The two leaders … Read more

Elon Musk says he is considering ‘resigning’ and continues to sell his Tesla shares

On Twitter, the message from the CEO of SpaceX, which has more than 65 million subscribers, has already received 237,000 “likes”. Elon Musk, the whimsical boss of electric vehicle manufacturer Tesla, said on Friday that he was considering “to resignhours after selling shares in the company again. “I’m thinking of quitting to become a full-time … Read more