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Economy News

‘Gold in the sea’: Brazil’s booming fish bladder trade

Amazon fishers are cashing in on a booming maw industry fuelled by Chinese demand, but the threat of overfishing looms. By Lulu Ning Hui and Sarita Reed Belem, Brazil – It was 7am

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Wall Street Opens Higher as Jobless Surge Tempers Rate Fears; Dow Up 150 Pts

Federal Reserve.  By 9:40 AM ET (1440 GMT), the Dow Jones Industrial Average was up 151 points, or 0.4% at 35,179 points, recouping around half of what it lost in

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Analysis-In Ukraine crisis, Germany faces tough decisions over gas pipeline

By Joseph Nasr and Sarah Marsh BERLIN (Reuters) – Germany could find itself in a no-win situation if Russia invades Ukraine, pitting Berlin’s main gas supplier against its most important

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Exclusive-U.S. seeks way to speed delivery of new fighter jets to Taiwan

By Phil Stewart, Idrees Ali and Yimou Lee WASHINGTON (Reuters) – The United States is looking for ways to potentially accelerate delivery of Taiwan’s next generation of new-build F-16 fighter

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Semrush Shares Rise Following Backlinko Acquisition

By Sam Boughedda Investing.com — Shares of Semrush Holdings Inc (NYSE:SEMR), the online visibility management company, rose 5% on Thursday after it announced the acquisition of  search optimization firm Backlinko on

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News Stock Market

RR Donnelley Jumps as Party Trying to Outbid Chatham Raises Offer

By Dhirendra Tripathi Investing.com – RR Donnelley & Sons Co’s stock (NYSE:RRD) surged nearly 6% Thursday after the ‘strategic party’ that’s been trying to outbid private investment firm Chatham Asset

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Economy News

U.S. preparing for possible future COVID variants -White House

WASHINGTON (Reuters) – The Biden administration is preparing for future variants of COVID-19, White House chief of Staff Ron Klain told MSNBC in an interview that aired on Thursday as

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Economy News

U.S. trade chief Tai says world can’t go back to 2019 trading system

(Reuters) – U.S. Trade Representative Katherine Tai said on Thursday that global trade policy makers should not try to recreate the pre-pandemic trading system but should build one that is

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Economy News

Fed may run fast on long road to normal balance sheet

By Howard Schneider WASHINGTON (Reuters) – As part of its battle against inflation and a return to more normal monetary policy, the U.S. Federal Reserve is approaching a decision to

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Economy News

IMF sees cost of COVID pandemic rising beyond $12.5 trillion estimate

WASHINGTON (Reuters) – The International Monetary Fund expects to raise its forecast that the COVID-19 pandemic will cost the global economy $12.5 trillion through 2024, the head of the global

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