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Oil set for first quarterly drop since 2020 as macro mood sours
Oil set for first quarterly drop since 2020 as macro mood sours Source link More
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Ex-Allianz executive’s criminal fraud trial set for 2024 in New York By Reuters
© Reuters. NEW YORK (Reuters) – A U.S. judge on Thursday set a 2024 trial date for former Allianz (ETR:) SE executive Gregoire Tournant, citing the complexity of allegations he defrauded investors out of billions of dollars by understating the risks of what they bought. Tournant, the former chief investment officer who created and oversaw […] More
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U.S. BNPL consumer debt set to hit $15 billion by 2025
3/3 © Reuters. A woman shops in a supermarket as rising inflation affects consumer prices in Los Angeles, California, U.S., June 13, 2022. REUTERS/Lucy Nicholson/File Photo 2/3 By Manya Saini (Reuters) – U.S. buy-now-pay-later (BNPL) customers’ outstanding debt is estimated to hit $15 billion by 2025, a report by management consultancy firm cg42 said on […] More
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Wall Street set for muted open after rout By Reuters
© Reuters. FILE PHOTO: A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., September 13, 2022. REUTERS/Andrew Kelly By Ankika Biswas and Devik Jain (Reuters) -Wall Street was set for a subdued open on Wednesday following a sharp selloff in the previous session after […] More
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Oil demand set to stop growing in Q4 as slowdown bites By Reuters
© Reuters. FILE PHOTO: A gas pump is seen hanging from the ceiling at a petrol station in Seoul June 27, 2011. REUTERS/Jo Yong-Hak/File Photo By Noah Browning LONDON (Reuters) – Growth in global oil demand is set to grind to a halt in the fourth quarter of this year as an economic slowdown deepens, […] More
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EU court’s Wed ruling on record $4.4 billion Google fine may set precedent By Reuters
© Reuters. FILE PHOTO: European Commission Vice President Margrethe?Vestager speaks during an interview with Reuters in Brussels, Belgium, March 28, 2022. REUTERS/Johanna?Geron/File Photo By Foo Yun Chee LUXEMBOURG (Reuters) – A ruling on Wednesday by Europe’s General Court on whether Alphabet (NASDAQ:)’s Google should face a record EU antitrust fine of 4.34 billion euro ($4.4 […] More
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U.S. banks’ key performance metric set to turn around in second half By Reuters
3/3 © Reuters. FILE PHOTO: A Citibank branch is seen in Santa Monica, California, U.S. March 19, 2018. REUTERS/Lucy Nicholson/File Photo 2/3 By Mehnaz Yasmin (Reuters) – Wall Street banks look set to report better efficiency ratios in the second half of the year, a key metric that deteriorated as global economic gloom sapped income […] More
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Foreign investors snap up Indian bonds set for inclusion in global indices By Reuters
© Reuters. FILE PHOTO: A man counts Indian currency notes inside a shop in Mumbai, India, August 13, 2018. REUTERS/Francis Mascarenhas By Dharamraj Lalit Dhutia MUMBAI (Reuters) -Foreign investors have stepped up purchases in a clutch of Indian government bonds that have no limits on foreign investment ahead of an anticipated inclusion of Indian debt […] More
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Dollar Edges Lower; Key U.S. CPI Release to Set Tone By Investing.com
© Reuters By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Tuesday ahead of the release of the hotly anticipated U.S. inflation data, which is likely to set the tone ahead of next week’s Federal Reserve meeting. At 03:05 ET (07:05 GMT), the , which tracks the greenback against a […] More
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Goldman Sachs set to cut jobs this month
© Reuters. FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs Group Inc will cut jobs as early as this month after pausing the […] More
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BOJ set to end COVID-relief scheme, but no change to loose policy By Reuters
© Reuters. FILE PHOTO: A man walks past the Bank of Japan building in Tokyo, Japan January 15, 2018. REUTERS/Kim Kyung-Hoon/File Photo By Leika Kihara TOKYO (Reuters) – The Bank of Japan is expected to end as scheduled a pandemic-relief funding scheme this month and discuss adjustments to a policy guidance that flags the COVID-19 […] More
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King Charles proclaimed monarch, queen’s funeral set for Sept. 19 By Reuters
6/6 © Reuters. Britain’s King Charles and Queen Camilla attend the Accession Council at St James’s Palace, where he is formally proclaimed Britain’s new monarch, following the death of Queen Elizabeth II, in London, Britain September 10, 2022. Victoria Jones/Pool via R 2/6 By Michael Holden and Kate Holton LONDON (Reuters) – The state funeral […] More
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