Analysis: Investors increase bets on UK recession as rate hikes bite
LONDON, June 21 (Reuters) - Markets are doubling down on bets for a UK recession after the Bank of England...
archiveANLINS
AMERICAS Dogged central banks rein in risk
A look at the day ahead in U.S. and global markets from Mike DolanEven if investors sense light at the...
Gannett tiptoes into generative AI, giving humans the last word
NEW YORK, June 16 (Reuters) - Publisher Gannett plans to include generative artificial intelligence in the system it uses to...
Morning Bid: US Stocks fight the Fed as markets still not listening
LONDON, June 16 (Reuters) - If you looked at red-hot stock markets without following central banks, you could well assume...
Spasms in UK mortgage market spell pain for homeowners, economy
LONDON, June 15 (Reuters) - Bedlam in Britain's 1.5 trillion-pound ($1.9 trillion) mortgage market, fuelled by ructions in money markets,...
Bunge, Viterra will merge to form $34 billion agri-trading powerhouse
CHICAGO, June 13 (Reuters) - U.S. grains merchant Bunge (BG.N) and Glencore-backed (GLEN.L) Viterra are merging to create an agricultural trading giant worth about $34 billion including debt, the companies said on Tuesday, in a deal that will likely draw close regulatory scrutiny.The deal brings the combined company closer in global scale to leading rivals Archer-Daniels-Midland (ADM.N) and Cargill (CARG.UL), valuing Bunge and Viterra at about $17 billion each. Bunge shareholders, however, will own about 70% of the company, because Bunge will pay for a significant chunk of the deal...
Shipping tax could yield $100 bln climate windfall
TINOS, June 12 (Reuters Breakingviews) - The shipping industry emits 2.9% of the world's greenhouse gases. It has also largely...
Exclusive: Russian banker Kostin says the end of U.S. dollar dominance is nigh
Russian Rouble and U.S. Dollar banknotes are seen in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/IllustrationTop banker: This is 'hot war' not Cold WarKostin: Dollar use will be hurt by West's sanctionsKostin: China moving towards removing currency restrictionsKostin: Record VTB profit this yearKostin: VTB to sell one of biggest grain tradersMOSCOW, June 9 (Reuters) - The end of the dominance of the U.S. dollar is nigh as the Chinese yuan rises and the rest of the world sees the peril of the West's failed attempt to bring Russia to...
Analysis: Kim Kardashian seeks secret of private equity success as rising rates bite
BERLIN, June 8 (Reuters) - Reality star Kim Kardashian's arrival at a gathering of the globe's top deal brokers in Berlin failed to dispel their dark mood as the rising cost of money puts the brakes on the private equity industry.Flanked by bodyguards, Kardashian drew a crowd of hundreds of executives at the SuperReturn industry event, saying she wanted to learn the secrets of investing having set up her own fund last year.Talking about her ambitions, Kardashian, whose empire spans skincare and underwear, sought what she called the "magic sauce"...
What makes a crypto asset a security in the U.S.?
June 7 (Reuters) - Determining whether digital tokens are securities will be central to the high-stakes case brought by U.S. regulators alleging crypto platforms Coinbase (COIN.O) and Binance violated the law by failing to register as a securities exchange, broker and clearing agency.WHAT IS THE SEC ALLEGING?The Securities and Exchange Commission (SEC) sued Coinbase on Tuesday in Manhattan federal court and accused the largest U.S. cryptocurrency platform of operating illegally by evading disclosure requirements.The SEC said Coinbase allowed users to trade at least 13 crypto assets that should have been...