A look at the day ahead in U.S. and global markets from Mike Dolan. The jolt to world markets from…
SpaceX mulling secondary share sale at $150 billion valuation -sources
By Krystal Hu and Eva Mathews (Reuters) -Elon Musk’s rocket and satellite company SpaceX is in talks about an offering…
Finland’s Gasum says tribunal ruled it does not have to pay Gazprom in roubles
HELSINKI (Reuters) – Finnish gas grid operator Gasum said on Wednesday an arbitral tribunal had ruled it was not obligated…
Fed’s George says increasingly difficult to bring inflation down without a recession – WSJ
(Reuters) – Inflation is at risk of becoming entrenched in the economy from an overheated job market, making it difficult…
UK pay deals, in the sights of BoE, hold at 4% – XpertHR
LONDON (Reuters) – Pay awards by British employers held at a 30-year high of 4% in the three months to…
Russia spoke in favour of grain deal extension at G20 summit – minister
MOSCOW (Reuters) – Russia spoke in favour of extending the Black Sea grain deal at this week’s G20 summit in…
ECB promises “prudent” balance sheet cut as stability risks rise
FRANKFURT (Reuters) -Risks to the euro zone’s financial stability are on the rise as the economy heads for a likely…
Asian hedge funds amassed China’s Pinduoduo, ditched JD.com in Q3
By Summer Zhen HONG KONG (Reuters) – Some of Asia’s largest hedge funds scooped up large stakes in Chinese e-commerce…
Energy firms’ derivatives are financial stability risk, says ECB
By John O’Donnell and Balazs Koranyi FRANKFURT (Reuters) -Energy companies’ use of derivatives poses a wider financial risk, the European…
UK lenders seek more data as consumers squeezed, Experian says
By Pushkala Aripaka (Reuters) – Britain’s lenders are seeking more data on the finances of potential and existing customers as…