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Mexico annual inflation rate hits 8.7% in September
MEXICO CITY (Reuters) - Mexico's inflation reached 8.7% in the 12 months through September, official data showed on Friday, halting an upward trend that had pushed consumer prices to 22-year highs but...
Syndicated Content Oct 07, 2022
Global outflows continue from bond and equity funds for a seventh week
(Reuters) - Global bond and equity funds witnessed money withdrawals for a seventh straight week in the week ended Oct. 5 as the prospects of higher oil prices and continued interest rate hikes by the...
Syndicated Content Oct 07, 2022
Nasdaq futures slip on AMD warning; jobs data awaited
By Ankika Biswas (Reuters) - Nasdaq index futures fell on Friday after a revenue warning from Advanced Micro Devices Inc sparked losses in chipmakers, with investors awaiting data that is likely to sh...
Syndicated Content Oct 07, 2022
Bank of America to pay Ambac Financial $1.84 billion in lawsuit settlement
(Reuters) -Bank of America and its related entities have agreed to pay Ambac Financial Group $1.84 billion in a lawsuit settlement, sending the bond insurer's shares up 8.6% premarket. The settlement ...
Syndicated Content Oct 07, 2022
BP looks to North Sea, U.S. shale for near-term oil and gas boost
By Ron Bousso LONDON (Reuters) - BP is targeting the North Sea and U.S. shale basins to boost oil and gas supplies in the short term in response to the global energy crisis, its head of oil and gas op...
Syndicated Content Oct 07, 2022
Stellantis to halt production at Melfi plant in Italy next week – union
MILAN (Reuters) - Stellantis will halt production next week at its key Melfi plant, in southern Italy, due to a semiconductor shortage affecting the supply of a specific component, the local head of U...
Syndicated Content Oct 07, 2022
Exclusive-Assa Abloy considers selling Yale, Emtek brands to win U.S. approval for Spectrum deal -sources
By Svea Herbst-Bayliss and Emma-Victoria Farr NEW YORK/FRANKFURT (Reuters) - Assa Abloy AB is considering options including selling its Yale and Emtek locks brands as it seeks to overturn U.S. antitru...
Syndicated Content Oct 07, 2022
India’s RBI to soon commence pilot project of digital rupee
MUMBAI (Reuters) - The Indian central bank will soon commence limited pilot launches of a central bank backed digital rupee for specific use cases, it said in a concept paper released on Friday. The R...
Syndicated Content Oct 07, 2022
Risk-averse investors pile into cash at fastest rate since April 2020
LONDON (Reuters) - Investors piled into cash at the fastest weekly rate since April 2020 in the week to Wednesday, as soaring government borrowing costs, high energy prices and slowing growth fanned r...
Syndicated Content Oct 07, 2022
Safaricom surges after securing Ethiopia mobile financial services licence
NAIROBI (Reuters) - Shares of Kenyan telecoms operator Safaricom surged more than 9% on Friday after it secured a mobile financial services licence in Ethiopia, market participants said. Ethiopia's Fi...
Syndicated Content Oct 07, 2022
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