By Rae Wee and Ankur Banerjee SINGAPORE (Reuters) – Chinese markets soared and the yuan rose on Friday, with about…
BoE’s Pill says rates need to rise, but not to 5.25%
LONDON (Reuters) – The Bank of England needs to raise interest rates further, but not as high as the 5.25%…
Candy maker Hershey raises sales outlook ahead of holiday season
By Uday Sampath Kumar (Reuters) -Hershey Co raised its annual sales and profit forecasts on Friday, signaling strong Halloween candy…
Expert view: Strong Oct US payrolls do not give Fed much scope to relax
(Fixes typo in headline) NEW YORK (Reuters) – U.S. employers hired more workers than expected in October, but a rise…
Pentagon, U.S. arms makers to talk Russia, labor and supply chain
By Mike Stone WASHINGTON (Reuters) -Pentagon leaders plan to meet with defense industry executives next week to discuss ways to…
Volkswagen tells brands to pause paid advertising on Twitter
HAMBURG (Reuters) -Volkswagen on Friday said it has recommended to its brands to pause paid advertising on Twitter until further…
Fed seen sticking to rate rises after jobs report
(Reuters) – The Federal Reserve is seen taking its benchmark policy rate upward after a government report Friday showed U.S.…
U.S. equity funds lure inflows for third straight week
(Reuters) – U.S. equity funds continued to gain inflows for a third straight week in the week to Nov. 2,…
BoE must sell emergency bond purchases in ‘timely’ way – Hauser
By David Milliken LONDON (Reuters) -The Bank of England must sell in “a timely and orderly” way the 19.3 billion…
BoE’s Bailey confirms decrease in bond purchase cap
LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Friday that the maximum size of the BoE’s Asset…