News
Entertainment
Science & Technology
Life
Culture & Art
Hobbies
News
Entertainment
Science & Technology
Culture & Art
Hobbies
Discover Latest #Reverse repo News, Articles and Videos with Contenting
News 1. Bank of England Holds Reverse Repo Rate Steady at 0.1 Percent 2. ECB Lowers Reverse Repo Rate to -0.5 Percent 3. Fed Unveils New Reverse Repo Facility Articles 1. What is a Reverse Repo Rate? 2. Reverse Repos: Understanding the Mechanics 3. Explaining Reverse Repo Operations Videos 1. What is a Reverse Repo Rate? 2. An Overview of the Reverse Repo Market 3. How Does a Reverse Repo Work?
Intel in talks with large investors for equity boost at discount, CNBC reports
This also follows Reuters report U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in exchange for grants under the CHIPS Act, which aims to spur factory-building in the U.S. Intel did not immediately respond to a Reuters request for comment. Silicon Valley pioneer Intel has been struggling from years of missteps in its manufacturing operation and missed opportunities around the artificial intelligence boom, culminating into one of the most difficult periods in the company's history.
Trump's Intel Stake Plan Backed By Rival Bernie Sanders In Rare Show Of Support
Democrat US Senator Bernie Sanders has publicly backed President Donald Trump's initiative to convert federal grants to chipmakers into government equity stakes, in a rare instance of bipartisan agreement. This policy would impact major companies like Intel, which received a substantial grant of $10.9 billion, as per a Reuters report.
VRRR Funds: Weighted call rate up amid GST outflows, VRRR funds lock-in - The Economic Times
The weighted average call rate increased to 5.52% on Thursday. This rise occurred due to Goods and Services Tax outflows. Excess funds were also locked with the Reserve Bank of India. This was in a variable rate reverse repo auction. The Reserve Bank of India held a variable rate repo auction to ease liquidity.
Arm (ARM) Expands Into Chipmaking With Key Amazon Hire
Arm Holdings plc (NASDAQ:ARM) is one of the Trending AI Stocks in Focus This Week. On August 18, Reuters reported that Arm Holdings has hired Amazon’s artificial intelligence chip director Rami Sinno to help develop its own complete chips. Sinno has previously developed Amazon’s homegrown AI chips called Trainium and Inferentia that build and run large AI applications. […]
Tesla (TSLA) Expands Model Y Lineup in China Amid Intensifying EV Competition
Tesla, Inc. (NASDAQ:TSLA) is one of the Trending AI Stocks in Focus This Week. On August 19, Reuters reported that Tesla has started accepting orders for its new Model Y L in China. As shown on the website, the starting price of the new model is 339,000 yuan ($47,184). The Model Y was initially launched in 2020, which moved […]
China is expanding into digital currencies, hoping to promote use of its 'people's money'
China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the overwhelming sway of the U.S. dollar in international trade and finance. Officials at the People's Bank of China and State Council Information Office in Beijing did not immediately respond to requests for comment on a Reuters report that the State Council, or Cabinet, is preparing to issue a plan for internationalizing the yuan that might include a yuan stablecoin. Stablecoins are digital currencies whose value is linked to a specific currency such as the U.S. dollar.
Shanghai stock benchmark closes at decade high as fintech, stablecoin shares surge
SHANGHAI (Reuters) -Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains in fintech and stablecoin-concept shares after a Reuters report signalled a major shift in Beijing's stance on digital assets. ** Fintech and stablecoin-concept shares were among the biggest winners in morning deals, after Reuters reported, citing sources, that China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally. ** China's plan for the usage of stablecoins, if approved, would mark a major shift in its approach towards digital assets.
Cybersecurity firm Netskope reveals 31% revenue surge in US IPO filing
(Reuters) -Netskope recorded a 30.7% jump in revenue in the first half of fiscal 2026 while its net loss narrowed, the cybersecurity firm revealed on Friday in its U.S. initial public offering paperwork. The fall IPO window is poised to be a potentially busy one with a string of corporate issuers lining up to go public after the seasonal summer slowdown. Santa Clara, California-based Netskope's IPO is expected to raise more than $500 million, which could value the company at over $5 billion, Reuters reported in May.