Notizia

(Reuters) -Federal Reserve Governor Lael Brainard received enough votes in the U.S. Senate on Tuesday to win confirmation as the U.S. central bank's next vice chair, the first of U.S. President Joe Biden's four nominees to meet that hurdle.

Wall Street tumbled on Tuesday, led lower by the Nasdaq as investors worried about slowing global growth and a more aggressive Federal Reserve, and with quarterly reports from Alphabet and Microsoft on tap after the bell.

Elon Musk may not like it, but environmental credentials still come second to profit and loss for the world's sustainability-minded investors - even if that means "short-selling" shares to bet on a price drop.

If China wants its yuan to become a globally used currency, Beijing would need to have open capital markets and full currency convertibility, the International Monetary Fund's No. 2 official said on Tuesday.

(Reuters) -Lael Brainard, one of President Joe Biden's nominees to the Federal Reserve, was poised to become the U.S. central bank's next vice chair on Tuesday, but COVID-19 cases among Democrats in Congress muddled the prospects of a second Fed nominee without similar bipartisan support.

Shareholder proposals asking banks to take stronger action on climate change by ending new fossil fuel financing activities failed to get much support at investor meetings on Tuesday.

Global supplies of key crop staples will remain tight for at least two years after harvest shortfalls in some countries and shipping disruptions triggered by Russia's invasion of Ukraine, Archer-Daniels-Midland Co said on Tuesday.

COLOMBO (Reuters) -The World Bank has agreed to provide Sri Lanka with $600 million in financial assistance to help meet payment requirements for essential imports, the Sri Lankan president's media division said in a statement on Tuesday.