Today: September 30, 2024
Today: September 30, 2024

Latest From Reuters

Business|Economy

German exports rise more than expected in April

German exports rose by 1.6% in April compared with the previous month, the second straight month of gains, data from the federal statistics office showed on Friday.

German exports rise more than expected in April
Business|Economy

German industrial output falls unexpectedly in April

German industrial production fell by 0.1% in April compared to the previous month, hampered by a weakening in the construction sector, the Federal Statistics Office said on Friday.

German industrial output falls unexpectedly in April
Economy

Bundesbank warns about stubborn inflation, wage pressures

German inflation is proving stubborn, driven by a continued strong rise in wages, the Bundesbank said on Friday, a day after the European Central Bank cut interest rates on

Bundesbank warns about stubborn inflation, wage pressures
Economy

Which way to look first?

U.S. Federal Reserve and Bank of Japan meetings, a G7 gathering, plus key U.S. inflation and UK jobs data are all coming up in the week ahead - and that's not all.

Which way to look first?
Business|Economy

China's May new yuan loans seen rebounding on policy support: Reuters poll

China's new yuan loans likely rebounded in May from April, a Reuters poll showed on Friday, as the central bank told lenders to quicken bank lending to support the economy.

China's May new yuan loans seen rebounding on policy support: Reuters poll
Business|Economy

US check on sub-4% jobless, China imports slow

A look at the day ahead in U.S. and global markets from Mike Dolan After a frenetic week of G7 interest rate cuts, new records for stocks, another scramble for AI and a wave of elections, world

US check on sub-4% jobless, China imports slow
Economy

Ex-head of PBOC urges China to deepen reforms, limit government role in economy

China should deepen reforms to let market forces play a decisive role in the economy while limiting the state's role, Yi Gang, former governor of the People's Bank of China (PBOC),

Ex-head of PBOC urges China to deepen reforms, limit government role in economy
Business|Economy

Ukraine eyes partial debt write-off in restructuring talks, finance minister says

Ukraine's government is in talks with international bondholders to restructure its $20 billion in debt and is discussing a partial debt write-off, Finance Minister Serhiy Marchenko was

Ukraine eyes partial debt write-off in restructuring talks, finance minister says
Economy

Global equity funds rack up robust weekly inflows on rate cut bets

Global investors returned to equity funds in the seven days to June 5, powered by optimism that major central banks would cut interest rates as inflation moderated, while a drop in U.S.

Global equity funds rack up robust weekly inflows on rate cut bets
Business|Economy|Education

Bain Capital to take PowerSchool private in $5.6 billion deal

Buyout firm Bain Capital will take PowerSchool Holdings private in a deal valuing the education-software provider at $5.6 billion, PowerSchool said on Friday.

Bain Capital to take PowerSchool private in $5.6 billion deal
Business|Economy

Spirit Airlines not considering Chapter 11 bankruptcy

Spirit Airlines is not considering a Chapter 11 bankruptcy and is "encouraged" by the plan it has in place after its deal with JetBlue Airways fell through, the carrier's top boss said at

Spirit Airlines not considering Chapter 11 bankruptcy
Business|Economy

US bond funds gain robust weekly inflow as yields ease

U.S. bond funds secured the largest weekly inflow in four weeks in the seven days to June 5, driven by a rally in treasury bond prices after softer economic data bolstered expectations of

US bond funds gain robust weekly inflow as yields ease
Economy

Argentina year-end inflation estimate drops to 146% in cenbank poll

Argentina's inflation estimate for the end of this year came down to 146.4%, some 15 percentage points below the previous forecast, a central bank poll of analysts showed on Thursday,

Argentina year-end inflation estimate drops to 146% in cenbank poll
Economy

Japan consumer spending rises in April for first time in 14 months

Japanese household spending rose for the first time in 14 months in April from the year earlier, data showed on Friday, although the tepid growth showed consumers

Japan consumer spending rises in April for first time in 14 months
Business|Economy

Credit Suisse AT1 bondholders sue Switzerland in New York

A group of Credit Suisse bondholders holding $82 million worth of the failed bank's Additional Tier 1 (AT1) debt have filed a lawsuit against Switzerland seeking compensation, U.S.

Credit Suisse AT1 bondholders sue Switzerland in New York
Business|Economy

Hertz considers $700 million sale of secured debt plus convertibles, Bloomberg says

Rental car firm Hertz is weighing a sale of at least $700 million in secured debt and a convertible notes offering, as it looks to shore up its balance sheet, Bloomberg News reported on

Hertz considers $700 million sale of secured debt plus convertibles, Bloomberg says
Business|Economy

Emerson to exit Copeland JV in $3.5 billion deal with Blackstone

Emerson said on Thursday it had agreed to sell its remaining stake in its Copeland joint venture to Blackstone in a $3.5 billion deal, as the U.S. industrial firm further streamlines its

Emerson to exit Copeland JV in $3.5 billion deal with Blackstone
Business|Economy

Bribery demands on Italian households decline, official survey reports

Corruption in Italy has declined over the last few years but remains a problem, with business owners and the self employed the most affected, a report published on Thursday by the

Bribery demands on Italian households decline, official survey reports
Business|Economy

EM portfolios see foreign inflows for seventh straight month in May -IIF

Emerging markets attracted foreign portfolio inflows for a seventh straight month in May thanks to investors pouring money into bonds, but persistently high U.S. interest rates

EM portfolios see foreign inflows for seventh straight month in May -IIF
Economy

US trade deficit widens in April

The U.S. trade deficit widened in April as a jump in imports outpaced a slight increase in exports.

US trade deficit widens in April
Business|Economy

ECB cuts rates, keeps next move under wraps

The European Central Bank cut interest rates for the first time in five years on Thursday but kept investors in the dark about its next move given increasing uncertainty over

ECB cuts rates, keeps next move under wraps
Business|Economy

US productivity growth slowed in early 2024

U.S. worker productivity grew slightly less than previously estimated in the first quarter but exceeded market expectations, and unit labor costs rose by less than first thought, data from

US productivity growth slowed in early 2024
Economy

ECB sees higher growth, inflation

The European Central Bank raised some of its economic growth and inflation projections on Thursday, predicting a somewhat later return of price growth to its 2% target.

ECB sees higher growth, inflation
Business|Economy

China securities regulator seeks to ease market panic over delisting risks

China's securities watchdog does not expect a near-term spike in delistings, it said on Thursday, after investors dumped shares in small-cap companies on fears they could be

China securities regulator seeks to ease market panic over delisting risks
Business|Economy

One year on, Russian officials change tune on tax policy

The prospect of raising Russia's corporate taxes was criticised by officials at last year's St Petersburg economic forum as a counterproductive move that would suppress

One year on, Russian officials change tune on tax policy

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