Marketmind: Restive markets simmer after oil sideswipe
A look at the day ahead in U.S. and global markets from Mike Dolan Roiled by an oil price spike
2023-09-06 18:16
Italian government to meet supermarkets, small retailers to address high prices
By Giuseppe Fonte ROME Italy's government will meet with supermarkets and small retailers' associations on Wednesday to address
2023-09-06 17:54
Dollar holds near 6-month peak on global growth fears, fragile yen draws warning
By Samuel Indyk and Ankur Banerjee LONDON The dollar held close to a six-month peak as jitters over
2023-09-06 16:55
Accused Money Launderer Funded Singapore Luxury Apartments
A Turkish national arrested in Singapore’s S$1.8 billion ($1.3 billion) money laundering case had financed the purchase of
2023-09-06 16:47
ECB’s Knot Says Markets Risk Underplaying Hiking Chances
Investors largely betting against a European Central Bank interest-rate increase next week are “maybe” underestimating the likelihood of
2023-09-06 16:45
Manchester United share price crashes by £500m after report Glazers may not sell
Manchester United’s valuation on the New York Stock Exchange plummeted by more than £500million in the wake of a report that the Glazers have decided not to sell. Nine months ago the owners announced a full sale was among the options being considered as part of a strategic review at the Old Trafford club. Sheikh Jassim and Sir Jim Ratcliffe made offers to buy United, yet the interminable potential takeover process rumbles on as fans continue to protest against the Glazers. Hopes of a full sale were seemingly dashed when the Mail on Sunday reported that the owners are taking the club off the market and will try to sell again in 2025. That report led to more than £500m being knocked off United’s share price on Tuesday. After the New York Stock Exchange reopened following the Labor Day holiday, the price plummeted from 23.66 US dollars (£18.83) to 19.35 US dollars (£15.40) by close. United’s market capitalisation – the company’s worth on the stock market – was left at 3.15billion US dollars (£2.5billion) after the 18.22 per cent drop. Earlier this year the Glazer family reportedly valued United at £6bn. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-09-06 15:48
Bank of Russia to Meet Currency Demand as Eurobond Comes Due
Russia’s central bank will offload 150 billion rubles ($1.5 billion) of foreign exchange in the domestic market this
2023-09-06 15:47
UAE Oil Giant Adnoc to Boost Carbon Capture Capacity
The biggest oil producer in the United Arab Emirates plans to develop a carbon capture project that will
2023-09-06 15:29
Oil edges lower as markets shrug off supply jitters
By Mohi Narayan NEW DELHI (Reuters) -Oil prices reversed course on Wednesday after rising over 1% in the previous session,
2023-09-06 15:26
Singapore Seizes Alleged Launderer’s Millions in Swiss Banks
Singapore police seized S$125 million ($92 million) from a suspected money launderer’s accounts with Bank Julius Baer and
2023-09-06 15:21
Germany Factory Orders Slumped 11.7% at Start of Third Quarter
German factory orders plummeted in July, a sign that the woes of Europe’s biggest economy continued into the
2023-09-06 14:59
Saudi Telecom Buys $2.25 Billion Stake in Spain’s Telefonica
Saudi Telecom Co. is taking a nearly 10% stake in Spain’s Telefonica SA for roughly $2.25 billion as
2023-09-06 14:51