France, Germany close to EU energy market reform deal, finance minister LeMaire says
French Minister for Economy, Finance, Industry and Digital Security Bruno Le Maire leaves following the weekly cabinet meeting at the...
archiveAMERS
Honduras prosecutors accuse two ex-presidents of diverting public funds to campaigns
Honduras former President Juan Orlando Hernandez is escorted by members of the National Police and the Military Police after arriving...
Birkenstock stumbles in underwhelming US market debut
Oct 11 (Reuters) - Birkenstock's (BIRK.N) stock ended more than 12% below its initial public offering (IPO) price on Wednesday in an underwhelming Wall Street debut that signaled investors remain cautious about new listings.Shares of the 250-year-old German sandal maker started trading at $41 after the IPO had priced at $46. That offering raised $1.48 billion, priced at the midpoint of the indicated range of $44 and $49 on Tuesday. The stock closed at $40.20, down 12.61%.The 11% decline from Birkenstock's IPO price on Tuesday to its opening price on...
US Senator Warren concerned Exxon’s plan to buy Pioneer will raise costs
U.S. Sen. Elizabeth Warren (D-MA) asks questions as U.S. Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra testifies before a...
U.S. bank ETFs suffer sharp outflows ahead of results
JPMorgan Chase Bank is seen in New York City, U.S., March 21, 2023. REUTERS/Caitlin Ochs/File Photo Acquire Licensing RightsOct 11 (Reuters) - Exchange-traded funds tracking U.S. banks saw significant outflows since the start of October and ahead of earnings as investors took money off the table fearing elevated interest rates and stricter regulations in the aftermath of the regional bank crisis.In the first 10 days of this month, the $1.46 billion Invesco KBW Bank ETF (KBWB.O) saw net outflows of $336.18 million, while the $2.49 billion SPDR S&P Regional Banking...
Yellen sticks to view U.S. economy headed for soft landing
U.S. Secretary of Treasury Janet Yellen holds a news conference at the Museum of the Water Civilization in Morocco on...
Morning Bid: A window into the Fed’s thinking
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 29, 2023....
Analysis: US stock market technicals suggest possible rebound as earnings, CPI loom
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023....
Dollar loses steam ahead of Fed meeting minutes, US inflation test
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3,...
Morning Bid: Fed pivot begins to crystallize
Oct 11 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.A slump in U.S. bond yields, after another Federal Reserve official signaled that the central bank's interest rate-hiking cycle is over, will put Asian markets on a positive footing on Wednesday, despite renewed stress in China's property sector.Investors in the region also have key Japanese business activity indicators and South Korean current account figures on their plate on Wednesday, and there will no doubt be headlines coming from the IMF and World...