Author Archives: Syndicated Content

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...

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 ...

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...

(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...

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...

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...

By Manya Saini and Niket Nishant (Reuters) - Regional lenders at the heart of last year's banking crisis are cutting more deals to shore up their balance sheets and compete with rivals, extending a wa...

By Rajesh Kumar Singh and Allison Lampert CHICAGO (Reuters) - Southwest Airlines is girding itself for a fight with Elliott Investment Management, rallying support from investors and employees to face...

By Arathy Somasekhar HOUSTON (Reuters) - A looming labor dispute at Canada's two main railroads is unlikely to significantly reduce oil exports to the United States due to excess capacity on Trans Mou...

A look at the day ahead in U.S. and global markets from Samuel Indyk The volatility that rocked markets in early August appears to be back under control, and with the Kansas City Fed's Jackson Hole Sy...