(Reuters) – Assa Abloy AB said on Friday it will sell its Yale and Emtek lock brands, and U.S. and…
Dollar gives back gains, strong wage growth complicates Fed policy
By Karen Brettell NEW YORK (Reuters) – The dollar dipped on Friday as a Federal Reserve official said rate hikes…
France to release 5 billion euros of SDRs to vulnerable countries under G20 programme
PARIS (Reuters) – France will release some 4 billion International Monetary Fund (IMF) Special Drawing Rights (SDRs), worth about 5…
French minister hails U.S. talks as ‘turning point’ to avert trade war
By Michel Rose WASHINGTON (Reuters) – French President Emmanuel Macron’s discussions with U.S. President Joe Biden have resulted in a…
White House welcomes EU progress on Russian oil price cap
WASHINGTON (Reuters) -The White House on Friday welcomed news that the European Union was “coming together” on a $60 per…
Dodging recession could whiplash markets: Mike Dolan
By Mike Dolan LONDON (Reuters) -Recession of some sort next year is fast becoming consensus – to such an extent…
Reckitt expects U.S. infant formula shortage until spring
By Richa Naidu LONDON (Reuters) -The near year-long infant formula shortage in the United States that prompted the intervention of…
Factbox-Global banks take axe to jobs as cost pressures mount
LONDON (Reuters) – Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave…
Global central banks extend rate hike push in November
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks…
Credit fund outflows in 2022 unwind last year’s inflows -BofA
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – Investors have withdrawn $316 billion from credit funds this year, unwinding…