Author Archives: Syndicated Content
Take Five: Nvidia, let's see what you've got
LONDON (Reuters) - The latest earnings from AI darling Nvidia and key inflation numbers in the euro area and Australia should keep markets busy in the coming week. Gold's relentless climb to record hi...
Aug 23, 2024
Nestle shares face pressure following abrupt departure of CEO
By John Revill ZURICH (Reuters) - Nestle shares were expected to fall early on Friday following the abrupt departure of CEO Mark Schneider from the world's biggest foodmaker and his replacement by com...
Aug 23, 2024
Column-US rate shift infects dollar, but prognosis isn't terminal: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - The dollar has been floored by an aggressive repricing of the U.S. interest rate outlook, but it's likely too soon to count the greenback out. The dollar...
Aug 23, 2024
CBA cuts rates for new borrowers re-igniting mortgage war fears
By Rishav Chatterjee (Reuters) - Commonwealth Bank of Australia, the country's biggest lender, cut interest rates for some of its home loan products for new customers on Friday, stoking fears of spurr...
Aug 23, 2024
European shares largely flat ahead of Powell's speech
(Reuters) - European shares were largely flat on Friday as investors played it safe ahead of Federal Reserve Chair Jerome Powell's speech later in the day. The pan-European STOXX 600 index was up 0.1%...
Aug 23, 2024
Australia's Tabcorp fined over gambling regulation breaches in Victoria
By Rishav Chatterjee (Reuters) - Australian wagering business Tabcorp has been fined A$4.3 million ($2.89 million) for repeated breaches of gambling harm prevention laws between 2020 and 2023, the Vic...
Aug 23, 2024
Investors rush to money market funds before Fed rate cut, BofA says
By Harry Robertson LONDON (Reuters) - Investors poured $37 billion into cash-like money market funds (MMFs) in the week to Wednesday, Bank of America said on Friday, as they braced for the U.S. Federa...
Aug 23, 2024
Analysis-After battle with yuan bears, China is now keen to avoid sharp currency gains
SHANGHAI (Reuters) - Having spent all year trying to put a floor under the tumbling yuan, China's central bank is suddenly faced with the opposite problem and is turning to subtle ways to stop the cur...
Aug 23, 2024
Floods, landslides in India's Tripura displace tens of thousands
By Tora Agarwala and Ruma Paul GUWAHATI/DHAKA (Reuters) - Soldiers in lifeboats ferried people to safety on Friday in India's northeastern state of Tripura after heavy rain triggered floods and landsl...
Aug 23, 2024
DNC final night: Camouflage hats, women in white, fighting the power
CHICAGO (Reuters) - Democratic Vice President Kamala Harris formally accepted her party's nomination for president, seeking to define herself for America as she and Republican candidate Donald Trump l...
Aug 23, 2024
