Category Archives:
Euro, stocks rally after U.S. inflation data
LONDON (Reuters) - The euro bounced against the dollar on Thursday after data showed a key measure of U.S. inflation rose by less than expected in October, tempering expectations for the Federal Reser...
Nov 10, 2022
Traders see Fed getting less aggressive after inflation report
(Reuters) - Traders on Thursday trimmed bets on interest-rate hikes by the Federal Reserve as a government report showed inflation rose less than expected last month. Futures contracts that settle to ...
Nov 10, 2022
Saudi Arabia working with Lazard on funding options and IPO of Mecca mega project
By Hadeel Al Sayegh DUBAI (Reuters) - Saudi Arabia's Public Investment Fund (PIF) is working with Lazard on funding options and a potential initial public offering of Masar, a $27 billion mega project...
Nov 10, 2022
U.S. consumer prices increase less than expected in October
WASHINGTON (Reuters) - U.S consumer prices increased less than expected in October and underlying inflation appeared to have peaked, which would allow the Federal Reserve to dial back its hefty intere...
Nov 10, 2022
U.S. airlines cancel 1,220 flights as tropical storm Nicole makes landfall in Florida
(Reuters) - Airlines in the United States canceled 1,220 flights on early Thursday as tropical storm Nicole made landfall in the east coast of Florida, disrupting flight schedules and forcing airports...
Nov 10, 2022
Trafigura names new heads of crude, U.S. gasoline
LONDON (Reuters) - Global commodities and energy trader Trafigura last week named a new head of crude and a head of U.S. gasoline trading, sources familiar with the matter said. Daniel Yuen is moving ...
Nov 10, 2022
Elon Musk to UK minister: ‘What does a tosh look like?’
LONDON (Reuters) - It's not just fake accounts and the financial predicament of his company that are concerning Twitter's new owner Elon Musk - he's also getting to grips with a British slang term for...
Nov 10, 2022
Rate cuts from June would be compatible with Brazil cenbank’s target, official says
BRASILIA (Reuters) - Brazil's central bank believes rate cuts from June 2023 would be compatible with bringing inflation in line with its target in 2024 based on market forecasts, the bank's director ...
Nov 10, 2022
Swiss National Bank still sees no case for central bank digital currency
ZURICH (Reuters) - The Swiss National Bank currently sees "no compelling advantage" to introducing digital central bank money for the general population, governing board member Andrea Maechler said on...
Nov 10, 2022
FTX’s Bankman-Fried: Seeking capital raise, talked to Justin Sun – memo
NEW YORK (Reuters) - FTX's Sam Bankman-Fried told staff in a memo that he was seeking a capital raise and had held talks with Justin Sun, founder of the crypto token Tron, although did not want to imp...
Nov 10, 2022
Peoria, IL, USA
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