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Financial News Around the World

Chinese EV maker Nio raises more than $700 million in capital injection from Abu Dhabi

Chinese electric car company Nio announced Tuesday it received $738.5 million in new capital from a fund owned by the Abu Dhabi government.

Published 21 June 2023
Categorised as Finance News

As growth stalls for the U.S. and China, Blinken talked up economic ties in high-stakes Beijing trip

U.S. Secretary of State Antony Blinken underscored the importance of the economic aspects of the bilateral relationship during his high-stakes trip to China.

Published 21 June 2023
Categorised as Finance News

BofA top equity strategist Savita Subramanian takes most bullish position in at least 10 years

The market is more rational than it’s been in a decade, according to BofA Securities’ head of U.S. equity and quantitative strategy.

Published 21 June 2023
Categorised as Finance News

Apple nears key $3 trillion market cap. Here’s what the pros are saying

Pros on CNBC discussed Apple as the iPhone maker nears $3 trillion in market cap.

Published 20 June 2023
Categorised as Finance News

IRS weighs guidance for small business tax credit. ‘People were duped,’ taxpayer advocate says

The IRS is weighing guidance for small businesses that wrongly claimed the employee retention tax credit. Here’s what entrepreneurs need to know.

Published 20 June 2023
Categorised as Finance News

Stocks making the biggest moves midday: Goldman Sachs, Avis, Rivian, Nike and more

These are the stocks posting the largest moves in midday trading.

Published 20 June 2023
Categorised as Finance News

The biggest threat to a major pullback in stocks is a hard landing for the economy

To believe in a pullback to zero for the year, you have to believe the soft landing won’t hold.

Published 20 June 2023
Categorised as Finance News

Stocks making the biggest premarket moves: Alibaba, Dice Therapeutics, Avis and more

These are the stocks posting the largest moves in the premarket.

Published 20 June 2023
Categorised as Finance News

Blinken says he failed to revive military-to-military talks with China

U.S. Secretary of State Antony Blinken said Monday he failed to revive military-to-military communication with China, despite hopes of reopening it.

Published 20 June 2023
Categorised as Finance News

Bank of England’s conundrum deepens as inflation and labor market stay hot

The Bank of England is “caught between a rock and a hard place” as it prepares for a key monetary policy decision.

Published 20 June 2023
Categorised as Finance News

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