price
SHANGHAI/HONG KONG (Reuters) – Major Chinese fund companies announced a reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday, intensifying price competition in the rapidly expanding $400 billion sector of the market. The move to cut management and custodian fees came a day after Wu Qing,…
By Amy Lv and Pratima Desai BEIJING/LONDON (Reuters) – New capacity for converting bauxite into alumina due online next year is set to ease tight supplies and potentially halt a record-breaking price rally of the material used to make aluminium. Higher alumina prices outside China have turned the top producer…
Investing.com — Morgan Stanley (NYSE:) raised its Nvidia (NASDAQ:) stock estimates ahead of the company’s earnings report next week. Despite supply constraints, the firm anticipates another robust quarter for Nvidia, however, it believes that more significant upward revisions will occur later in the year. The analysis notes that Nvidia’s new…
Putin has been pledging that his country can focus on both “guns and butter” as it fights in Ukraine.Yet it’s precisely butter that’s been a headache for Russia, with a 25.7% price increase this year.The surging cost is raising fears of renewed inflation in Russia amid sanctions and war production.…
General Motors CEO Mary Barra said on Tuesday that EV manufacturers face steep competition in China.That competition comes with prices that are going “lower and lower,” she said.It’s not sustainable for EV manufacturers like GM, Barra said. General Motors CEO Mary Barra said there are so many companies trying to…
Rents rose last quarter, according to a new study of over 750 US real-estate markets.Both tenants and homebuyers lost out as prices remained elevated.Here are 19 places where rents declined by at least 5%. Renters might not have many reasons to celebrate after all.Landlords consistently increased rents across the US…
By Richa Naidu LONDON (Reuters) – International companies such as Danone and Nestle have deepened price cuts or are seeking to boost online shopping volumes to win over China’s increasingly reluctant customers, executives said. China’s economy, the world’s second largest, grew at the slowest pace since early 2023 in the…
Investing.com — Consumer-oriented and industrial stocks are most at risk from a potential oil supply shock, Barclays strategists said Tuesday. While the likelihood of significant supply disruption is low, strategists believe investors should “remain on guard” as potential ripple effects of rising oil prices could have a material impact on…
By Sarah El Safty and Muayad Kenany DUBAI/NAJAF, Iraq (Reuters) – A bumper harvest and a hefty grain surplus in Iraq, typically one of the Middle East’s biggest wheat importers, has left the government with the prospect of a net loss of nearly half a billion dollars, according to Reuters…
The Cybertruck is the newest addition to Tesla’s electric lineup.You can order a Cybertruck today, but it likely will take months to be delivered.The Cybertruck is a unique addition to the electric pickup truck market. The angular, steel-clad Cybertruck is the latest addition to Tesla’s growing lineup of electric vehicles.The…
