Author Archives: Syndicated Content
Morning Bid: Data tests loom for Fed, BoE
A look at the day ahead in European and global markets from Kevin Buckland This week, and this month, are once again showing that data is king, with investors parsing recent economic releases for clue...
Aug 15, 2024
Tennis-De Minaur says he is fit to play in US Open after missing Olympics with injury
(Reuters) - Alex de Minaur said he will play in this month's US Open, weeks after withdrawing from the Paris Olympics due to a hip injury. De Minaur pulled out of his Wimbledon quarter-final against N...
Aug 15, 2024
Swedish EV maker Polestar starts U.S. production, avoiding heavy tariffs
By Abhirup Roy and Marie Mannes (Reuters) - Swedish electric-vehicle (EV) maker Polestar moved one step further in avoiding major tariffs imposed on Chinese-made cars on Wednesday when the automaker s...
Aug 15, 2024
RWE fails to dispel Calpine M&A speculation, shares extend losses
FRANKFURT (Reuters) -RWE shares extended losses on Wednesday after the group's management failed to dispel investor concerns about a report that the company could buy into a U.S. operator of gas-fired...
Aug 15, 2024
Slowing global jet fuel consumption adds to oil demand concern
By Seher Dareen and Shariq Khan NEW YORK (Reuters) - Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift that could weigh on oil prices in the mo...
Aug 15, 2024
US consumer prices rise moderately; annual increase slows to below 3%
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer prices rose moderately in July and the annual increase in inflation slowed to below 3% for the first time since early 2021, further strengthening...
Aug 14, 2024
Ukraine posts trade deficit of $13.6 billion in Jan-June, statistics service says
(Reuters) - Ukraine posted a trade deficit of $13.6 billion in the first half of 2024 compared with a deficit of $10.9 billion in the same period a year ago, the statistics service said on Wednesday. ...
Aug 14, 2024
July CPI supports disinflation scenario for Sept ease
(Reuters) -U.S. consumer prices rebounded as expected in July, but the trend remained consistent with subsiding inflation and did not change expectations that the Federal Reserve will cut interest rat...
Aug 14, 2024
Nelson Peltz's Trian Fund trims stake in Unilever
By Yadarisa Shabong (Reuters) - Nelson Peltz's Trian Fund Management has sold about 3.8 million shares in British consumer goods giant Unilever for nearly 181 million pounds ($232 million), a filing s...
Aug 14, 2024
Weary Argentines have mixed feelings as world's worst inflation eases
By Miguel Lo Bianco BUENOS AIRES (Reuters) - Argentines, feeling the pinch of the world's highest annual inflation rates, are feeling both hopeful and weary as monthly price rises dip down towards 4%,...
Aug 14, 2024
