(Reuters) – Telehealth startup Cerebral Inc is cutting its workforce by 20%, a company spokesperson said on Monday. The Wall…
Analysis-Options trades, lockstep moves fuel U.S. stock swings
By Saqib Iqbal Ahmed and Carolina Mandl NEW YORK (Reuters) – A surge in short-term options bets, rock-bottom equity allocations…
China equity selloff not on fundamentals, creates opportunity – JPM
(Reuters) – Monday’s selloff in Chinese equities does not correspond with fundamentals and creates an opportunity for investors, analysts at…
Fiscal discipline ‘non-negotiable’ if Lula wins Brazil election -running mate
BRASILIA (Reuters) – Fiscal responsibility will not be negotiable if leftist leader Luiz Inacio Lula da Silva wins next Sunday’s…
Portugal’s PM urges ECB to be prudent in raising interest rates
By Sergio Goncalves LISBON (Reuters) – Portugal’s Prime Minister Antonio Costa has urged the European Central Bank (ECB) to be…
Euro zone October PMI adds to evidence bloc is heading for recession
By Jonathan Cable LONDON (Reuters) -The euro zone is likely entering a recession with business activity contracting at the fastest…
Meta shareholder wants Facebook parent to cut jobs, spending
(Reuters) -Facebook-parent Meta Platforms Inc needs to streamline by cutting jobs and capital expenditure, its shareholder Altimeter Capital Management said…
Yellen taking steps to enhance Treasury market, boost funds resilience
By David Lawder (Reuters) -The U.S. Treasury is taking steps to strengthen the resilience of the Treasury debt market and…
Commodities key for diversifying portfolio risk, says Goldman
(Reuters) – Commodities remain a key asset class for diversifying portfolio risk despite continued underperformance to their own fundamentals given…
Britain’s new PM Sunak will get little leeway from markets, investors say
By Alun John and Harry Robertson LONDON (Reuters) – Investors welcomed Rishi Sunak as Britain’s new prime minister on Monday,…