Author Archives: Syndicated Content
Chile's GDP down in Q2, economists see room for rate cuts
SANTIAGO (Reuters) -Chile's gross domestic product fell 0.6% in the second quarter of 2024 compared with the previous three-month period, data released by the country's central bank showed on Monday, ...
Thomson Reuters Aug 19, 2024
U.S. customer activity boosting transatlantic shipping, Hapag-Lloyd says
FRANKFURT (Reuters) - Restocking and a rush to fill up inventories ahead of the expiry of labour contracts at the end of September are supporting high transatlantic container shipments into the United...
Thomson Reuters Aug 19, 2024
Oil producer APA explores $1-billion sale of Permian assets, sources say
By Shariq Khan and David French (Reuters) - APA Corp is exploring the sale of oil and gas drilling properties spread across parts of the Permian basin of Texas and New Mexico, in a deal that could be ...
Thomson Reuters Aug 19, 2024
Major markets mixed on US rate-cut hopes, weak oil demand
(Reuters) - Major stock markets in the Gulf were mixed in early trade on Monday on rising expectations of a U.S. interest rate cut next month, and amid weak oil demand. Federal Reserve members Mary Da...
Thomson Reuters Aug 19, 2024
Hard-pressed Kenyan drivers defy Uber's algorithm, set their own fares
By Edwin Okoth NAIROBI (Reuters) - In eight years of working as a taxi driver in Kenya's capital, Judith Chepkwony has never seen business this bad. A bruising price war between ride-hailing companies...
Thomson Reuters Aug 19, 2024
Trend-following hedge funds returning to Japanese equities, J.P.Morgan says
By Summer Zhen HONG KONG (Reuters) - Trend-following hedge funds reversed their bearish views on Japanese stocks and started buying them late last week, J.P.Morgan analysts said in a note. Such hedge ...
Thomson Reuters Aug 19, 2024
Analysis-Package deals make a comeback as sun seekers count the cost
By Joanna Plucinska and Jon Nazca LONDON/MALAGA, Spain (Reuters) - Sun seekers are turning to package holidays in Europe as soaring hotel and flight prices revive demand for the all-inclusive deals th...
Thomson Reuters Aug 19, 2024
Futures slip following last week's rally; Jackson Hole in sight
(Reuters) - U.S. stock index futures edged lower on Monday after Wall Street notched up its best week of the year, while investors looked ahead to the centerpiece event of the week - Federal Reserve C...
Thomson Reuters Aug 19, 2024
Hedge funds sell planes, trains, automobiles; buy energy stocks, says Goldman
By Nell Mackenzie LONDON (Reuters) - Hedge funds sold industrial stocks at the fastest pace since December, while buying energy stocks for the fourth straight week last week, a Goldman Sachs note seen...
Thomson Reuters Aug 19, 2024
Fed's pandemic-era vow to prioritize employment may soon be tested
By Howard Schneider WASHINGTON (Reuters) - Four years after Federal Reserve Chair Jerome Powell made fighting unemployment a bigger priority during the COVID-19 pandemic, he faces a pivotal test of th...
Thomson Reuters Aug 19, 2024
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