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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?
Baystreet.ca - Phillips 66 to Lay Off Most Workers at Los Angeles Refinery
U.S. refining giant Phillips 66, which will close its LA refinery later this year, will lay off in December most of the workers at the plant, Reuters reports, citing sources with knowledge of the plans. Last October, Phillips 66 said it would ...
Informatica explores sale again, Salesforce among suitors
Shares of Informatica had surged as much as 20% in afternoon trading after Bloomberg News first reported that the two companies are in discussion again. Informatica offers subscription-based data management services over cloud and helps automate tasks for its customers. Salesforce and Informatica abandoned their advanced talks for a deal in April 2024 after failing to agree on the terms, Reuters reported.
EUR/USD Hits Key Resistance Level | Market Pulse
Although financial markets in both the US and the UK are closed for a public holiday today, Donald Trump is keeping traders on their toes. According to a fresh Reuters report, the US President has backed down from his threat to impose 50% tariffs on EU goods from 1 June,
Dow Jones passes Reuters, Forbes in website viewers - Talking Biz News
Dow Jones & Co., the parent of The Wall Street Journal, MarketWatch.com and Barron’s, became the No. 3 business news website in April, passing Reuters and Forbes, according to Comscore data. Dow Jones had 55.4 million unique visitors in April, up 3 percent from 53.8 million. Meanwhile, Reuters reported a 3 percent decline to 54.4 […]
NVIDIA Corporation (NVDA) to Launch Cheaper Blackwell AI Chip for China, Says Report
NVIDIA Corporation (NASDAQ:NVDA) is set to launch a new AI chipset for China amid U.S. export curbs, Reuters reported on Saturday, with mass production likely to begin as early as next month. The GPU will be part of NVIDIA Corporation (NASDAQ:NVDA)’s Blackwell-architecture AI processors. It is expected to be priced between $6,500 and $8,000, significantly […]
Elon Musk Rival? Ray Kurzweil's Beyond Imagination Lands $100M Deal As Tesla, Nvidia, Meta Race Toward AI-Powered Humanoid Robots
Ray Kurzweil, the AI futurist best known for predicting the rise of the singularity, is taking a major step toward turning science fiction into industrial reality. His humanoid robotics company, Beyond Imagination, has secured a $100 million investment from Gauntlet Ventures in a Series B round that pushes the startup's valuation to $500 million, Reuters reports. Founded alongside scientist, entrepreneur, and filmmaker Harry Kloor, Beyond Imagination is building Beomni, an advanced humanoid robo
Airwallex Raises $300M As It Expands In U.S. And Latin America, Now Valued At $6.2B With Clients Like Shein And Xero
Payments startup Airwallex announced Wednesday that it secured a new $300 million funding round, pushing its valuation to $6.2 billion. Founded in 2015, Airwallex has grown into a global player by helping businesses send, receive, and manage international payments at scale, Reuters reports. With a network spanning more than 150 countries, the company now reports over $1.2 billion in total funding, with investors of the latest round including major names like DST Global, Square Peg, Lone Pine Cap
Oil finishes down on possible OPEC+ output hike
HOUSTON (Reuters) -U.S. crude futures fell on Friday as traders expected OPEC+ would decide on Saturday to boost oil output for July beyond previous forecasts. Brent crude futures settled down 25 cents, or 0.39%, at $63.90 a barrel. Prices dipped into negative territory after Reuters reported that OPEC+ may discuss an increase in July output larger than the 411,000 barrels per day (bpd) rise that the group decided on for May and June.
Baystreet.ca - India’s Eastern Diesel Exports Jump to 4-Year High
India is exporting more diesel on the east of Suez route into Southeast Asia in May, with shipments to the region on track for a four-year high, Reuters reported on Friday, quoting vessel-tracking data and trade sources. India is estimated to have ...