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By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – Investors have withdrawn $316 billion from credit funds this year, unwinding…
OPEC+ seen heading for oil policy rollover, cut not ruled out
By Ahmad Ghaddar, Maha El Dahan and Alex Lawler LONDON/DUBAI (Reuters) – OPEC+ is likely to stick to its current…