Author Archives: Syndicated Content
Column-'Blunt' interest rates pose questions about Fed easing :Mike Dolan
By Mike Dolan LONDON (Reuters) - If steep interest rate hikes failed to slow the U.S. economy much in recent years, it is reasonable to ask whether their reversal will prove as toothless in a downturn...
Sep 11, 2024
Number of German insolvencies climbs further in August
BERLIN (Reuters) - Germany saw a 10.7% increase in insolvencies in August compared to a year earlier, the federal statistics office reported on Wednesday, adding to data that show persistent difficult...
Sep 11, 2024
Boohoo to supply U.S. market from UK
LONDON (Reuters) - British online fashion retailer Boohoo said it will supply its customers in the United States from the UK, rather than its U.S. centre, resulting in a write-down. It said on Wednesd...
Sep 11, 2024
UniCredit buys Commerzbank stake from Germany, rekindling merger speculation
By Giulia Segreti and Tom Sims FRANKFURT (Reuters) -Italy's UniCredit said on Wednesday that it had acquired a 9% stake in Germany's Commerzbank and will "explore value creating opportunities for all ...
Sep 11, 2024
US fund Castlelake considering sale of stake in Spain's Aedas, Cinco Dias reports
(Reuters) - U.S.-based investment fund Castlelake is considering selling its majority stake in Spanish real estate group Aedas Homes, Spanish newspaper Cinco Dias reported on Wednesday, citing unident...
Sep 11, 2024
Australia's Star Entertainment unable to finalize annual results
(Reuters) - Embattled Australian casino operator Star Entertainment on Wednesday said it "is not yet in a position to finalize" its preliminary report for the year ended June 30, as it faces a trading...
Sep 11, 2024
European shares gain on boost from oil, resources sectors
(Reuters) - European shares opened higher on Wednesday, boosted by the oil and gas, and the basic resources sectors, while investors awaited a key U.S. inflation reading for clues on the Federal Reser...
Sep 11, 2024
FTSE 100 inches higher on commodity strength; US data in focus
By Purvi Agarwal (Reuters) - London stocks edged higher on Wednesday, supported by precious and base metal miners, while investors maintained a cautious stance ahead of a crucial U.S. inflation print ...
Sep 11, 2024
China's Midea Group to price shares at top of range in Hong Kong listing, sources say
By Scott Murdoch SYDNEY (Reuters) - Chinese home appliance maker Midea Group is set to price shares at the top of an indicative range to raise at least $3.46 billion in a Hong Kong listing, said three...
Sep 11, 2024
Services' grip on UK economy tightens as manufacturing share ebbs further
By Andy Bruce (Reuters) - Britain's shift towards a services-dominated economy is accelerating, pushing manufacturing's share of economic output to a historic low and setting the nation apart from its...
Sep 11, 2024
