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How some hedge funds would trade a rate cutting cycle

How some hedge funds would trade a rate cutting cycle

By Nell Mackenzie LONDON (Reuters) -While many investors hope falling interest rates will usher in a soft economic landing, others for..

UK’s Asda says retail veteran Stuart Rose to lead business

UK’s Asda says retail veteran Stuart Rose to lead business

  By James Davey LONDON (Reuters) -British supermarket group Asda, which has been losing market share, said its chairman, veteran..

Oil prices edge higher on US crude stocks, market awaits Fed decision

Oil prices edge higher on US crude stocks, market awaits Fed decision

By Laila Kearney NEW YORK (Reuters) -Oil prices were up on Wednesday on falling crude inventories in the United States, whiles the mar..

Spain allows BlackRock to take 20% stake in Naturgy, Cinco Dias reports

Spain allows BlackRock to take 20% stake in Naturgy, Cinco Dias reports

  MADRID (Reuters) – The Spanish government has authorised BlackRock to take the 20% stake in power utility Naturgy it boug..

UK inflation holds at 2.2% but services prices keep BoE on alert

UK inflation holds at 2.2% but services prices keep BoE on alert

  By Suban Abdulla LONDON (Reuters) -British inflation held steady in August but sped up in the services sector which is closely ..

With Fed’s rate cut at hand, debate swirls over how big a move

With Fed’s rate cut at hand, debate swirls over how big a move

  By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve on Wednesday almost certainly will lower interest rates fo..

Morning Bid: Traders still guessing in final Fed countdown

Morning Bid: Traders still guessing in final Fed countdown

  A look at the day ahead in European and global markets from Kevin Buckland With just hours until one of the most highly anticip..

UAW to hold strike votes at Stellantis local chapters, union president says

UAW to hold strike votes at Stellantis local chapters, union president says

  By Nora Eckert and Abhirup Roy DETROIT (Reuters) -The United Auto Workers union plans to hold strike authorization votes at one..

French central bank sees consumer gains easing budget pains

French central bank sees consumer gains easing budget pains

  PARIS (Reuters) – France’s economy is set to gain momentum in the coming two years as lower inflation boosts consum..

Instagram rolls out teen accounts with privacy, parental controls as scrutiny mounts

Instagram rolls out teen accounts with privacy, parental controls as scrutiny mounts

(Reuters) – Meta Platforms is rolling out enhanced privacy and parental controls for Instagram accounts of users under 18 in a s..