By Sergio Goncalves LISBON (Reuters) – Portugal’s Prime Minister Antonio Costa has urged the European Central Bank (ECB) to be…
Euro zone October PMI adds to evidence bloc is heading for recession
By Jonathan Cable LONDON (Reuters) -The euro zone is likely entering a recession with business activity contracting at the fastest…
Meta shareholder wants Facebook parent to cut jobs, spending
(Reuters) -Facebook-parent Meta Platforms Inc needs to streamline by cutting jobs and capital expenditure, its shareholder Altimeter Capital Management said…
Yellen taking steps to enhance Treasury market, boost funds resilience
By David Lawder (Reuters) -The U.S. Treasury is taking steps to strengthen the resilience of the Treasury debt market and…
Commodities key for diversifying portfolio risk, says Goldman
(Reuters) – Commodities remain a key asset class for diversifying portfolio risk despite continued underperformance to their own fundamentals given…
Britain’s new PM Sunak will get little leeway from markets, investors say
By Alun John and Harry Robertson LONDON (Reuters) – Investors welcomed Rishi Sunak as Britain’s new prime minister on Monday,…
European stocks rise on hopes of Fed pause; eyes on ECB meeting
By Sruthi Shankar and Devik Jain (Reuters) -European shares rose on Monday on hopes the Federal Reserve could slow its…
Exclusive-Philip Morris to get EU nod for Swedish Match with asset sale -sources
By Foo Yun Chee BRUSSELS (Reuters) -Marlboro maker Philip Morris is set to gain EU antitrust approval for its $16…
Mexico to discuss lithium, auto industry with U.S. climate envoy Kerry
MEXICO CITY (Reuters) – Mexico will speak with U.S. climate envoy John Kerry about lithium, batteries and the automotive industry…
Vietnam central bank to raise policy rates by 100 bps to fight inflation
By Khanh Vu and Phuong Nguyen HANOI (Reuters) -Vietnam’s central bank on Monday said it would raise its policy rates…