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Hedge funds mounted bearish UK bets as Truss became PM
By Nell Mackenzie LONDON (Reuters) - In the first half of September bets against sterling posted the biggest two-week rise since 2013, a sign that hedge funds may have ramped up short positions just a...
Syndicated Content Sep 26, 2022
Lowered profit forecasts raise concerns on shaky Wall Street
By Caroline Valetkevitch NEW YORK (Reuters) - Recent profit warnings from bellwether companies like Ford Motor Co, may signal more challenges ahead for corporate America, increasing wariness for inves...
Syndicated Content Sep 26, 2022
Exclusive-After vote to remove him, IDB’s Claver-Carone says will pursue legal action
WASHINGTON (Reuters) - Inter-American Development Bank President Mauricio Claver-Carone on Monday denied any allegations of wrongdoing and said he had not been informed by Latin America's biggest deve...
Syndicated Content Sep 26, 2022
White House: U.S. will work with new Italian government on shared global challenges
WASHINGTON (Reuters) - The United States will work with the new government in Italy on a full range of shared global challenges, White House press secretary Karine Jean-Pierre said on Monday. The righ...
Syndicated Content Sep 26, 2022
Ghana, IMF in talks over rescue package
ACCRA (Reuters) - Ghana began talks with the International Monetary Fund on Monday for an IMF-supported lending programme, the government said in a statement, in a bid to reduce economic hardship that...
Syndicated Content Sep 26, 2022
U.S. dollar strength creating ‘untenable’ situation that risks financial crisis -Morgan Stanley
NEW YORK (Reuters) - The recent rally in the U.S. dollar is creating an "untenable situation" for riskier assets that could end in a financial or economic crisis, strategists at Morgan Stanley warned ...
Syndicated Content Sep 26, 2022
Bank of Canada must hike rates to tame inflation -BoC Governor
By Julie Gordon and Ismail Shakil OTTAWA (Reuters) - Inflation is too high in Canada, so the Bank of Canada needs to increase interest rates to slow spending and give the economy time to catch up, Gov...
Syndicated Content Sep 26, 2022
Biden to host France’s Macron in White House on Dec. 1
WASHINGTON (Reuters) - U.S. President Joe Biden will host French President Emmanuel Macron at the White house for a state visit on Dec. 1, press secretary Karine Jean-Pierre said. "We work closely wit...
Syndicated Content Sep 26, 2022
Monte dei Paschi capital talks enter final stretch after Italy vote
By Valentina Za and Giuseppe Fonte MILAN (Reuters) - Monte dei Paschi di Siena faces a tight schedule to secure cornerstone shareholders for a share sale of up to 2.5 billion euros ($2.4 billion) afte...
Syndicated Content Sep 26, 2022
A tale of two cities as Londoners mourn, tourists cheer pound’s slide
By Muvija M and Aiden Nulty LONDON (Reuters) - As a drizzle fell over a grey autumnal London, and the pound plummeted on traders' screens, U.S. tourist Heather Davidson saw one gleaming bright spot on...
Syndicated Content Sep 26, 2022
Peoria, IL, USA
69 °F Thunderstorm In Vicinity
