Selloff in Long-Maturity Treasuries Squeezes Recession Wagers
The Treasury yield curve has steepened this week, but the shift is unnerving investors as it comes through
2023-08-04 14:27
Commerzbank Lifts Outlook for Lending as Rate Boost Persists
Commerzbank AG raised its outlook for lending income and said it will seek approval for another buyback as
2023-08-04 14:25
Wheat Gains as Russia Halts Novorossiysk Port Traffic on Attack
Wheat futures rose after the Novorossiysk port was closed to marine traffic by Russian authorities following a drone
2023-08-04 14:23
Maersk posts Q2 profits above forecast, adjusts FY guidance upwards
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Shipping group A.P. Moller-Maersk on Friday reported second-quarter earnings above expectations, and adjusted its profit
2023-08-04 14:20
Monte Paschi Profit Beats Estimates on Rising Rates, Lower Costs
Banca Monte dei Paschi di Siena SpA reported better than-expected earnings as it joined European peers in benefiting
2023-08-04 14:16
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:48
Buffett’s Favored Japan Trading Firms Post Solid Earnings
Japanese trading houses — a darling of Warren Buffett’s — posted strong earnings last quarter, despite a drop
2023-08-04 13:48
China drops Australia barley tariffs after three years
The relationship between Canberra and Beijing has thawed since the election of Prime Minister Anthony Albanese.
2023-08-04 13:47
UAE’s $60 Billion Firm Chases Global Deals Despite Vodafone Snag
Vodafone Group Plc’s biggest shareholder is pushing ahead with an ambitious global expansion strategy, undeterred by a slump
2023-08-04 13:20
Singapore’s 2023 F1 Race Will Go Ahead as Planned, Minister Says
Singapore’s preparations for this year’s Formula One Grand Prix are at an advanced stage and the race will
2023-08-04 12:51
Hefty Outlier Bet Shows Traders Are Split Over BOE’s Next Move
In the eyes of one investor at least, the Bank of England’s interest-rate hike on Thursday was the
2023-08-04 12:48
Airbnb forecasts upbeat revenue as international travel rebounds
By Priyamvada C and Doyinsola Oladipo (Reuters) -Airbnb forecast third-quarter revenue above market estimates on Thursday, but industry fears of
2023-08-04 12:45