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Markets in Q3: Goldilocks fairlytale turns into bad bear nightmare
By Marc Jones LONDON (Reuters) - If global market investors thought 2022 couldn't get any more painful or unpredictable the last few months have certainly proved them wrong. Another $9 trillion wiped ...
Syndicated Content Sep 30, 2022
Russia’s replacement for Lego stores: World of Cubes
By Alexander Marrow MOSCOW (Reuters) - The multi-coloured toys piling up on the Russian shop shelves may look familiar. But the bright red and yellow Lego store logos have gone, replaced by Mir Kubiko...
Syndicated Content Sep 30, 2022
China to cut provident fund loan interest rate for first-time home buyers
BEIJING (Reuters) - China's central bank said on Friday it would lower the interest rate for housing provident fund loans by 0.15 percentage points for first-time home buyers from Oct. 1, suggesting a...
Syndicated Content Sep 30, 2022
Commerzbank foresees difficult fourth quarter – intranet post
FRANKFURT (Reuters) - Commerzbank's top executives told employees on Friday that the next three months will be the hardest this year for the bank and that a recession in Germany was more likely. "Ther...
Syndicated Content Sep 30, 2022
Factbox-Europe’s travel disruption stretches into autumn
(Reuters) - Strikes and staff shortages forced airlines to cancel thousands of flights to avoid hours-long queues at major airports in the first summer following widespread COVID lockdowns, with disru...
Syndicated Content Sep 30, 2022
UK’s MI5 website briefly hit by denial of service attack – BBC
LONDON (Reuters) - The website of Britain's MI5 domestic spy service was briefly hit by a denial of service attack on Friday, the BBC reported. (Reporting by Kylie MacLellan; editing by Michael Holden...
Syndicated Content Sep 30, 2022
U.S. Core PCE rise keeps aggressive Fed scenario in place
NEW YORK (Reuters) - The personal consumption expenditures (PCE) price index rose 0.3% last month after dipping 0.1% in July, the U.S. Commerce Department reported on Friday. In the 12 months through ...
Syndicated Content Sep 30, 2022
U.S. CFTC must seek admissions of wrongdoing from Wall Street, commissioner says
By Michelle Price WASHINGTON (Reuters) - Wall Street companies and others that break the rules should be required to admit their wrongdoing when settling enforcement actions, especially as the growth ...
Syndicated Content Sep 30, 2022
OPEC oil output in Sept hits highest since 2020 – survey
By Alex Lawler LONDON Reuters) - OPEC oil output rose in September to its highest since 2020, surpassing a pledged hike for the month, after production in Libya recovered from disruption and Gulf memb...
Syndicated Content Sep 30, 2022
BlackRock says reducing leverage in LDI funds
LONDON (Reuters) - U.S. asset management group BlackRock said on Friday it was reducing leverage in so-called liability-driven investment funds - which have been at the centre of chaotic market condit...
Syndicated Content Sep 30, 2022
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