Finance

Finance

Dollar slips, yuan gains on China PMI; hot inflation lifts euro

Dollar slips, yuan gains on China PMI; hot inflation lifts euro

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar slid and China’s yuan gained on Wednesday after Chinese manufacturin..

Financial services sector talent woes continue

Financial services sector talent woes continue

..

Wall St indexes mixed, Treasury yields tick up as higher rates loom

Wall St indexes mixed, Treasury yields tick up as higher rates loom

By Lawrence Delevingne and Samuel Indyk (Reuters) – Wall Street indexes and global equities were mixed on Tuesday and bonds wrap..

Why cloud-based technology will aid SMEs in preparing for a recession

Why cloud-based technology will aid SMEs in preparing for a recession

    By Damian Hanson, Co-Founder & Director of CircleLoop Recent news stories highlight that consumer infla..

Dollar edges down from six-week peak, Swedish crown jumps

Dollar edges down from six-week peak, Swedish crown jumps

By Samuel Indyk LONDON (Reuters) – The dollar edged lower on Monday but kept close to Friday’s six-week high, after a flur..

Shares steady, dollar dips as US holiday lifts rates gloom

Shares steady, dollar dips as US holiday lifts rates gloom

By Amanda Cooper LONDON (Reuters) -Global shares inched up on Monday as a U.S. holiday tempered volatility ahead of minutes of the lat..

Shares fall with oil prices amid concerns about U.S. Fed rate hikes

Shares fall with oil prices amid concerns about U.S. Fed rate hikes

By Sinéad Carew NEW YORK (Reuters) – Stock markets around the globe fell on Friday and oil prices settled lower after U.S. econo..

Hawkish ECB comments push up rate-hike expectations

Hawkish ECB comments push up rate-hike expectations

By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to ris..

Dollar advances as strong U.S. data backs higher rates backdrop

Dollar advances as strong U.S. data backs higher rates backdrop

By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The U.S. dollar held gains against a basket of currencies on..

Slowdown in UK inflation eases pressure on Bank of England

Slowdown in UK inflation eases pressure on Bank of England

By Andy Bruce and William Schomberg LONDON (Reuters) – British inflation fell by more than expected in January and there were si..

Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data

Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to a six-week high against the yen and climbed from a roughly t..

Sterling gains after strong jobs data add to pressure on BOE

Sterling gains after strong jobs data add to pressure on BOE

LONDON (Reuters) – The pound rose against the dollar and euro on Tuesday after data showed British wages rose quicker than expec..

Love in a time of inflation: how much will Valentine’s Day set you back?

Love in a time of inflation: how much will Valentine’s Day set you back?

By Richa Naidu LONDON (Reuters) -This Valentine’s Day is set to look different after a year of record food inflation that has se..

Japanese yen gains as Ueda set to be named next BOJ governor

Japanese yen gains as Ueda set to be named next BOJ governor

(Adds comment, U.S. data, NEW YORK dateline, byline, FX table, bullets, updates prices) By Samuel Indyk and Gertrude Chavez-Dreyfuss L..

Bank of England officials split over future path for rates

Bank of England officials split over future path for rates

By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England policymakers disagreed on Thursday about where interest rates need ..

First Abu Dhabi Bank could renew $35 billion offer for StanChart -Bloomberg News

First Abu Dhabi Bank could renew $35 billion offer for StanChart -Bloomberg News

By Lawrence White LONDON (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, could renew a p..

Year in Review 2022: Record-br`eaking year for financial sector jobs in England and Wales

Year in Review 2022: Record-br`eaking year for financial sector jobs in England and Wales

Financial services vacancies in London were up 27.4% on 2021 Q1 2022 was the peak quarter for jobs in the Fintech sector Vacancies fo..

Italy inflation-adjusted retail sales fell in 2022

Italy inflation-adjusted retail sales fell in 2022

ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, with cons..

European shares hit nine month high, dollar wobbles after Powell remarks

European shares hit nine month high, dollar wobbles after Powell remarks

By Alun John LONDON (Reuters) – Global shares jumped and most currencies rose against the dollar on Wednesday as investors disce..

Stocks, dollar pause ahead of Powell, Biden speeches

Stocks, dollar pause ahead of Powell, Biden speeches

By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – A gauge of global equities edged lower and the dollar inched up on Tu..

Marketmind: Rates start to bite

Marketmind: Rates start to bite

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks on Tuesday come off the..

Finance

Global shares slide, dollar gains as rates rise on strong data

Global shares slide, dollar gains as rates rise on strong data

By Herbert Lash and Amanda Cooper WASHINGTON (Reuters) – Global equity markets slid and the dollar firmed on Monday after data showing a resilie..

Bank of England’s Mann doubles down on backing for rate hikes

Bank of England’s Mann doubles down on backing for rate hikes

By Gergely Szakacs BUDAPEST (Reuters) – Bank of England rate-setter Catherine Mann on Monday backed further increases in interes..

Central banks hike rates again, but a pause is coming

Central banks hike rates again, but a pause is coming

LONDON (Reuters) – Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns...

Fed rates up, BoE up, ECB up, stocks up

Fed rates up, BoE up, ECB up, stocks up

By Marc Jones LONDON (Reuters) – Higher stock markets showed the bulls were still firmly in charge on Thursday as the European C..

Finance

Dollar falls to nine-month low as Powell notes progress in disinflation

Dollar falls to nine-month low as Powell notes progress in disinflation

By Karen Brettell NEW YORK (Reuters) – The dollar extended losses on Wednesday and fell to a nine-month low against a basket of currencies after..

Investors go back to basics with simpler self-driving vehicles

Investors go back to basics with simpler self-driving vehicles

By Nick Carey and Paul Lienert COVENTRY, England (Reuters) – Developing fully autonomous vehicles (AVs) that can go everywhere h..

UK shop price inflation hits record 8% in January: BRC

UK shop price inflation hits record 8% in January: BRC

By David Milliken LONDON (Reuters) – Prices in British shops in January were 8.0% higher than a year before, the biggest annual ..

TOD Chooses TPAY for Mobile Payments

TOD Chooses TPAY for Mobile Payments

    105 million users can enjoy rich sports and entertainment content  TOD, the fastest growing streaming platform for the Middle..

Salaries fall despite cost-of-living crisis

Salaries fall despite cost-of-living crisis

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Stocks, dollar gain on resilient U.S. economy

Stocks, dollar gain on resilient U.S. economy

By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – A gauge of global stock performance rose and the dollar strengthened o..

Bank of England set to hike to 4% as rate peak looms

Bank of England set to hike to 4% as rate peak looms

By David Milliken LONDON (Reuters) – The Bank of England looks on course to raise its main interest rate by half a percentage po..

German inflation rate to ease over course of 2023 – econ minister

German inflation rate to ease over course of 2023 – econ minister

BERLIN (Reuters) – German inflation will remain high at the beginning of 2023 before easing over the course of the year, Economy..

Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles

Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles

By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicle..

UK income inequality widens after pandemic dip

UK income inequality widens after pandemic dip

By David Milliken LONDON (Reuters) – British income inequality rose to a three-year high in the 2021/22 financial year after a d..

Global 2023 economic view downgraded, at odds with market optimism: Reuters poll

Global 2023 economic view downgraded, at odds with market optimism: Reuters poll

By Hari Kishan BENGALURU (Reuters) – Global economic growth is forecast to barely clear 2% this year, according to a Reuters pol..

Cryptoverse: Bitcoin investors take control

Cryptoverse: Bitcoin investors take control

(Corrects paragraph 8 to show big investors were responsible for about 68% of the flows) By Lisa Pauline Mattackal and Medha Singh (Re..