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,…
European stocks rise on hopes of Fed pause; eyes on ECB meeting
By Sruthi Shankar and Devik Jain (Reuters) -European shares rose on Monday on hopes the Federal Reserve could slow its…
Exclusive-Philip Morris to get EU nod for Swedish Match with asset sale -sources
By Foo Yun Chee BRUSSELS (Reuters) -Marlboro maker Philip Morris is set to gain EU antitrust approval for its $16…
Mexico to discuss lithium, auto industry with U.S. climate envoy Kerry
MEXICO CITY (Reuters) – Mexico will speak with U.S. climate envoy John Kerry about lithium, batteries and the automotive industry…
Vietnam central bank to raise policy rates by 100 bps to fight inflation
By Khanh Vu and Phuong Nguyen HANOI (Reuters) -Vietnam’s central bank on Monday said it would raise its policy rates…
Explainer-Credit Suisse in spotlight ahead of strategy shift
ZURICH (Reuters) – With only days to go before unveiling a major strategic overhaul, Credit Suisse is racing to firm…
Cotton exporter Benin developing home-grown textile industry
By Pulcherie Adjoha GLO-DJIGBE, Benin (Reuters) – On a large factory floor in southwestern Benin, dozens of young people cut,…
Russia’s Sberbank opens ‘vostro’ rupee accounts at India branches
MOSCOW (Reuters) – Russia’s dominant lender Sberbank is offering clients “vostro” accounts in rupees at its branches in India, aiming…