By Erwin Seba HOUSTON (Reuters) – U.S. oil refiners this quarter will run their plants at breakneck rates, near or…
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%…
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…
Global equity funds gain inflows for second week in a row
(Reuters) – Global equity funds obtained huge inflows in the week ended Nov. 2 as investors were hoping that the…
European shares rise as China reopening hopes lift luxury, mining stocks
By Shreyashi Sanyal (Reuters) -European shares rose on Friday as China-sensitive luxury stocks and miners jumped on hopes that the…
Marketmind: Laboring markets get China fillip
A look at the day ahead in U.S. and global markets from Mike Dolan. With one eye on the U.S.…
Ping An urges HSBC to make aggressive cost cuts
HONG KONG (Reuters) – HSBC Holdings shareholder Ping An has urged the lender to cut costs aggressively and exit sub-scale…
Marketmind: Relief, hope and speculation
A look at the day ahead in European and global markets from Ankur Banerjee Investors have been looking for just…
Bank of England’s Mann says inflation drivers still strong
LONDON (Reuters) – Britain is still facing strong domestic drivers of inflation on top of the impact of surging international…
Morgan Stanley says it is engaged with UK regulator on anti-competition probe
NEW YORK (Reuters) – Morgan Stanley said on Thursday it is engaging with the UK Competition and Markets Authority’s probe…