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Analysis-Lower oil prices defy robust forecasts for global demand
By Noah Browning, Stephanie Kelly and Laura Sanicola LONDON (Reuters) - Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy...
Syndicated Content Sep 16, 2022
Russian central bank trims key rate to 7.5%, does not signal further cut
By Andrey Ostroukh MOSCOW (Reuters) -Russia's central bank cut its key interest rate by 50 basis points to 7.5% on Friday as inflation slows and the economy needs cheaper lending to limit a slump, but...
Syndicated Content Sep 16, 2022
Cathay Pacific Airways raises passenger capacity forecast
(Reuters) -Hong Kong's Cathay Pacific Airways expects to reach a third of pre-pandemic passenger capacity by the end of the year, increasing a previous estimate of one quarter, after crew quarantine r...
Syndicated Content Sep 16, 2022
Biden administration targets crypto enforcement, digital asset rules
By Hannah Lang (Reuters) -U.S. government agencies must double down on digital asset sector enforcement and identify gaps in cryptocurrency regulation, the Biden administration said on Friday, citing ...
Syndicated Content Sep 16, 2022
Global equity funds see fourth weekly outflow on rate hike expectations
(Reuters) - Global equity funds continued to record outflows in the seven days to Sept. 14 as a higher than expected reading on U.S. inflation raised bets that the Federal Reserve would remain aggress...
Syndicated Content Sep 16, 2022
KLM disappointed with new passenger curbs at Schiphol airport
(Reuters) - Airline company KLM, which is part of Air France-KLM, criticised as "disappointing" on Friday a decision by Amsterdam's Schiphol airport to place further curbs on the number of dep...
Syndicated Content Sep 16, 2022
FedEx plummets as forecast withdrawal fans slowdown fears
(Reuters) - Shares of FedEx slumped in premarket trading on Friday as the global delivery heavyweight's forecast withdrawal sounded alarm about softening consumer demand and hammered equities in the s...
Syndicated Content Sep 16, 2022
Taiwan chipmaker Macronix says ‘doing very well’ after Huawei ban
By Sarah Wu HSINCHU, Taiwan (Reuters) - Taiwanese chipmaker Macronix International Co Ltd is "doing very well" in replacing customers after the Trump administration's ban on supplying China's Huawei, ...
Syndicated Content Sep 16, 2022
Factbox-U.S. midterm elections: 12 governor races to watch
By Julia Harte and Daniel Trotta (Reuters) - Thirty-six of the 50 states will elect governors in November's U.S. midterm elections. Though the races typically get less attention than the battle for co...
Syndicated Content Sep 16, 2022
Prime brokers fight for clients after Credit Suisse’s exit
By Carolina Mandl NEW YORK (Reuters) - The departure of Credit Suisse Group AG from the business of servicing hedge funds unleashed a battle for market share among banks, with the three biggest player...
Syndicated Content Sep 16, 2022
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