(Reuters) -FTX will initiate bankruptcy proceedings in the United States while its Chief Executive Sam Bankman-Fried resigned, the embattled cryptocurrency…
Argentina set to hold benchmark rate steady again, source and analysts say
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hold the country’s benchmark interest rate steady…
Analysis-Hopes of easing inflation beckon cash-rich investors into U.S. stocks
By Carolina Mandl and Saqib Iqbal Ahmed (Reuters) – Softer-than-expected U.S. inflation is bolstering the case for cash-heavy investors to…
British officials likely to visit India next month for FTA talks – sources
By Shivangi Acharya NEW DELHI (Reuters) – British officials are likely to visit India in December with the aim of…
Schneider Electric sweetens Aveva bid to $11.6 billion in final offer
(Reuters) -French industrial group Schneider Electric has increased its offer for Aveva to 3,225 pence per share in cash, valuing…
SNB ready to take “all measures necessary” to tame inflation-Jordan
BERN (Reuters) -The Swiss National Bank is prepared to take “all measures necessary” to bring inflation back down to its…
VW South Africa looks to Asia, Latam as Europe shifts to EVs
By Promit Mukherjee and Joe Bavier JOHANNESBURG (Reuters) – Volkswagen’s South Africa unit aims to develop new markets for its…
ECB’s de Guindos says market might be underestimating inflation
FRANKFURT (Reuters) – Financial investors might be underestimating the “persistence of inflation”, the European Central Bank’s vice-president Luis de Guindos…
Bank of England’s Tenreyro sees rates on hold, then falling in 2024
LONDON (Reuters) -Bank of England monetary policymaker Silvana Tenreyro said on Friday that the central bank should not raise its…
Argentina to freeze prices of 1,500 consumer goods as inflation bites
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s government announced a deal on Friday with supermarkets and suppliers of mass…