By Hilary Russ NEW YORK (Reuters) – With the cost of butter plunging nearly 16% in a month and wholesale…
Fed’s words in focus as markets bet rate hikes will soon end
By Ann Saphir (Reuters) – U.S. central bankers have unambiguously telegraphed this week’s policy decision: a quarter-of-a-percentage-point increase in their…
Investors’ bets against German bonds hit highest since 2015, S&P data shows
By Harry Robertson and Nell Mackenzie LONDON (Reuters) – Investors have amassed the biggest bet against German government bonds since…
The mouse that roared: New Zealand and the world’s 2% inflation target
By Lucy Craymer WELLINGTON, New Zealand (Reuters) – More than 30 years ago, some relatively youthful central bank and Treasury…
Goldman Sachs restructures Russian asset holdings -RBC, citing sources
MOSCOW (Reuters) -Goldman Sachs Group Inc. has restructured its assets in Russia, the RBC daily reported on Monday, citing two…
China’s factory activity likely contracted more slowly in January: Reuters poll
BEIJING (Reuters) – China’s factory activity in January is expected to have contracted more slowly than in December, a Reuters…
Nissan, Renault agree to overhaul alliance, putting themselves on equal footing
(Reuters) – Nissan Motor Co and Renault SA have agreed to a sweeping revamp of their two-decade-old automaking alliance that…
Ryanair posts record Christmas quarter, sees ‘very robust’ summer demand
By Conor Humphries DUBLIN (Reuters) – Ryanair on Monday posted a record after-tax profit for its October-December quarter and said…
Barclays turns bullish on European banks, downgrades utilities
(Reuters) -Barclays analysts on Monday upgraded Europe’s banking sector, as it sees benefits of higher interest rates and healthy financials,…
Rising interest rates have a sting in the tail for Europe’s banks
By John O’Donnell, Lawrence White and Tom Sims LONDON/FRANKFURT (Reuters) -Rising borrowing costs are giving a long-awaited lift to Europe’s…