Today: September 29, 2024
Today: September 29, 2024

Latest From Reuters

Economy|Finance

Feeling the heat

There is rarely a dull moment in markets and the week to come will be no exception, with make-or-break U.S. inflation data and tough questions over international financing for Ukraine - all

Feeling the heat
Asia|Business|Economy

China to boost support for equipment upgrades and consumer goods trade-ins

China will step up support for its program of equipment upgrades and consumer goods trade-ins, state media reported on Friday, citing a cabinet meeting.

China to boost support for equipment upgrades and consumer goods trade-ins
Business|Economy|Finance

Regions Financial's quarterly profit falls on lower interest income

Regions Financial reported a 14% fall in its second-quarter profit on Friday, as the lender earned less from customers' interest payments.

Regions Financial's quarterly profit falls on lower interest income
Business|Economy|Finance

Halliburton posts higher quarterly profit on international strength

Oilfield services firm Halliburton reported a rise in quarterly profit on Friday, helped by stable demand from international customers for its drilling equipment and services.

Halliburton posts higher quarterly profit on international strength
Asia|Business|Economy

China's Sinopec reports first-half crude throughput up only 0.1%

China Petroleum and Chemical Corp (Sinopec), Asia's largest refiner, on Friday reported first-half crude throughput little changed year on year.

China's Sinopec reports first-half crude throughput up only 0.1%
Asia|Economy

China's vice premier to attend China-Russia energy cooperation committee meeting

China's Vice Premier Ding Xuexiang will attend the 21st China-Russia Energy Cooperation Committee meeting and the sixth China-Russia Energy Business Forum on July 21-23, the

China's vice premier to attend China-Russia energy cooperation committee meeting
Economy|Europe|Finance

ECB policymakers back more rate cuts as inflation heads back to goal

Two European Central Bank policymakers on Friday backed further interest rate cuts, expressing greater confidence that inflation was heading to the ECB's goal next year.

ECB policymakers back more rate cuts as inflation heads back to goal
Business|Economy|Finance

Thailand plans new financial business law to attract funds, official says

Thailand is planning to introduce a new financial business law to attract foreign funds and facilitate investment in the sector, a deputy finance minister said on Friday.

Thailand plans new financial business law to attract funds, official says
Economy|Europe|Finance|Stock Markets

Europe's STOXX 600 logs weekly decline as tech, resources shares weigh

European shares clocked weekly losses as a selloff in technology shares, some downbeat earnings along with falling commodity-linked

Europe's STOXX 600 logs weekly decline as tech, resources shares weigh
Economy|Finance

China likely to maintain lending rates even as economy slows: Reuters poll

China is expected to leave benchmark lending rates unchanged on Monday, while more market participants project further monetary easing to aid the economy following

China likely to maintain lending rates even as economy slows: Reuters poll
Economy|Europe

UK borrowing overshoot underscores task for new government

Britain's government borrowed a lot more than forecast in June, according to official data published on Friday that highlighted the big budget challenges facing

UK borrowing overshoot underscores task for new government
Economy

Japan's capital seen facing increased inflation pressure: Reuters poll

Tokyo-area's core consumer inflation likely accelerated slightly in July compared with the previous month, a Reuters poll of 17 economists showed on Friday, highlighting persistent

Japan's capital seen facing increased inflation pressure: Reuters poll
Business|Economy|Finance

Lift makers' order intakes hold up despite slow China

European liftmakers Schindler and Kone posted second-quarter order intake above expectations on Friday, but warned China's construction

Lift makers' order intakes hold up despite slow China
Economy|Europe|Finance

Markets strap in for a bumpy ride

A look at the day ahead in European and global markets from Rae Wee It's been a turbulent week for investors marked by a tech selloff on the back of deepening Sino-U.S. trade tensions, uncertainty

Markets strap in for a bumpy ride
Asia|Economy

China's economic recovery not strong enough, Communist Party official says

China's economic recovery is not strong enough and the government needs to implement macro policies more effectively, said the senior Communist Party official for financial and

China's economic recovery not strong enough, Communist Party official says
Asia|Economy|Finance

Japan to convey its forex stance at G20 meetings in Brazil, Finance Minister says

Finance Minister Shunichi Suzuki said on Friday that he would convey Japan's stance on foreign exchange at meetings of the Group of Twenty (G20) finance leaders to be held in Rio de

Japan to convey its forex stance at G20 meetings in Brazil, Finance Minister says
Americas|Economy|Finance

Brazil freezes $2.7 billion from 2024 budget after market turmoil

Brazil's Finance Minister Fernando Haddad unveiled plans on Thursday to freeze 15 billion reais ($2.70 billion) from the 2024 budget as the government struggles to meet this year's

Brazil freezes $2.7 billion from 2024 budget after market turmoil
Economy|Europe|Finance

ECB hawks open to September rate cut if data supports it, sources say

Even some of the European Central Bank's more hawkish policymakers are open to an interest rate cut in September, provided incoming data confirm that disinflation is continuing,

ECB hawks open to September rate cut if data supports it, sources say
Business|Economy

Texas tanker bottleneck grows on slow Freeport LNG restart after Beryl

The number of liquefied natural gas (LNG) tankers waiting to load at Freeport LNG in Texas has increased since the U.S. second largest

Texas tanker bottleneck grows on slow Freeport LNG restart after Beryl
Economy|Europe

Instant View: ECB leaves rates unchanged; Lagarde says September is 'wide open'

The European Central Bank kept interest rates unchanged on Thursday, and gave no hints as to what investors might expect at its next meeting, saying September was "wide open" and

Instant View: ECB leaves rates unchanged; Lagarde says September is 'wide open'
Economy|Environment|Europe

How Germany aims to get to net zero without breaking the bank

Germany faces a tough time finding ways to pay for its efforts to become climate-neutral by 2045 given the country's current tight budget constraints.

How Germany aims to get to net zero without breaking the bank
Economy|Europe

ECB won't debate inflation target, dot plot in upcoming review

The European Central Bank's next strategy assessment will not involve some key issues, including a discussion on the bank's numerical inflation target or the publication of

ECB won't debate inflation target, dot plot in upcoming review
Americas|Business|Economy|Finance

LATAM Airlines readies NYSE listing at $8.5 billion potential valuation

LATAM Airlines is preparing to list its shares on the New York Stock Exchange in a move that could fetch it a valuation of $8.5 billion, the company said on Thursday.

LATAM Airlines readies NYSE listing at $8.5 billion potential valuation
Economy

Euro holds firm after ECB leaves options open for Sept cut

The euro held steady on Thursday, as did euro zone government bond yields after the European Central Bank left interest rates unchanged, and did not signal a cut in September was

Euro holds firm after ECB leaves options open for Sept cut
Economy

ECB keeps rates on hold, leaves options open for Sept

The European Central Bank kept borrowing costs on hold on Thursday, repeating that it needed to see more evidence that inflation was heading back to its goal before lowering

ECB keeps rates on hold, leaves options open for Sept

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