(Reuters) – Ratings agency S&P Global on Wednesday cut Argentina’s long-term local currency sovereign credit rating by two notches to…
Flutter sees five-fold jump in Fanduel revenue long term
By Padraic Halpin DUBLIN (Reuters) -Flutter sees revenue at its rapidly growing and market leading U.S. Fanduel business jumping by…
UK banks say consumer safeguard could backfire in cost of living crisis
By Huw Jones LONDON (Reuters) – Britain’s banks are proactively helping customers hit by the cost of living crisis, but…
Marketmind: Your Daly reminder – don’t fight the Fed
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The battle lines…
Fed’s Waller says ‘more comfortable’ with smaller hikes after recent data
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -U.S. Federal Reserve Governor Christopher Waller, an early and outspoken “hawk” in…
First Solar picks Alabama for new solar factory
(Reuters) – Top U.S. solar panel manufacturer First Solar Inc on Wednesday said it has chosen Alabama as the home…
Europe fund launched to pool Venezuela bondholders
(Reuters) – Luxembourg-based Canaima Fund Lux has launched an investment vehicle that aims to pool European holders of defaulted bonds…
IMF sees Nicaragua’s economy expanding by 3% next year
(Reuters) – Nicaragua’s economy is forecast to grow 3% in 2023, down from expected growth of 4% this year, the…
Dollar is red but supported by U.S. data, hawkish Fed speakers
By Sinéad Carew and Alun John NEW YORK/LONDON (Reuters) – The dollar was supported by stronger-than-expected U.S. retail sales data…
Fed’s Waller: Ongoing wage increases could make inflation more persistent
WASHINGTON (Reuters) – Federal Reserve Governor Christopher Waller said on Wednesday he is concerned that the outbreak of inflation since…