Category Archives:
Global equity funds see a second weekly outflow on slowdown worries
(Reuters) - Global equity funds faced a second straight week of outflows in the week to July 6, as investors remained concerned about a global economic slowdown and recession risks due to interest rat...
Jul 08, 2022
Battle for Spirit Airlines enters final stretch
(Reuters) - Spirit Airlines Inc said it has postponed a shareholder vote scheduled for Friday on its $2.4 billion sale to Frontier Group Holdings Inc so its board can continue discussions with both Fr...
Jul 08, 2022
Half of Britons buy less food as prices surge
LONDON (Reuters) - Almost half of British people have cut back on food purchases as prices surge, while others are having to spend more on their shopping, according to official figures on Friday which...
Jul 08, 2022
Five things to watch in U.S. jobs report: No. 1 – a return to record private employment
(Reuters) - Talk of a potential recession is dominating the airwaves and driving frantic action across financial markets, meaning Friday's U.S. employment report for June will be pored over by investo...
Jul 08, 2022
China’s Vivo asks court to lift Indian bank account freeze
NEW DELHI (Reuters) - Chinese smartphone maker Vivo has approached a court in New Delhi seeking to quash an Indian enforcement agency's decision to freeze its bank accounts, arguing the move was "bad ...
Jul 08, 2022
Ex-JPMorgan traders face U.S. trial on racketeering charges
By Jody Godoy (Reuters) - Three former JPMorgan Chase & Co employees face a U.S. federal trial in Chicago on Friday on accusations they helped turn their trading desk into a criminal enterprise that f...
Jul 08, 2022
Big banks’ Q2 earnings to shed light on gloomy U.S. mortgage outlook
By Elizabeth Dilts Marshall NEW YORK (Reuters) - U.S. analysts and economists will be watching to see how banks' mortgage businesses are faring during their second-quarter earnings this month, as U.S....
Jul 08, 2022
Dutch airline KLM to scrap up to 20 European flights a day
AMSTERDAM (Reuters) - KLM, the Dutch arm of Air France KLM, on Friday said it will scrap up to 20 daily flights to European destinations because of staff shortages. KLM and Schiphol Airport, which ser...
Jul 08, 2022
Japan ex-PM Abe dies after being shot while making a speech
NARA, Japan (Reuters) -Former Prime Minister Shinzo Abe, Japan’s longest-serving leader, died on Friday hours after he was shot while campaigning for a parliamentary election, shocking a country...
Jul 08, 2022
Hungary’s budget deficit widens to 2.892 trillion forints by end-June
BUDAPEST (Reuters) - Hungary posted a 2.892 trillion forints ($7.21 billion) budget deficit in January-June, the Finance Ministry said on Friday, adding that Prime Minister Viktor Orban's government w...
Jul 08, 2022
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