Sterling steadies after US inflation surprise
Woman holds British Pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsLONDON, Oct 13 (Reuters)...
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Global stocks weighed down by inflation jitters
Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square,...
Exclusive: Banks assess China risks after being stung by Russia sanctions
Banking industry is assessing China exposuresReview of risks sent to Western governments - UK FinanceBank boards discuss possible impact of...
Dollar gains after US consumer prices rise more than expected
The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023. REUTERS/Jose Luis...
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...
EU watchdog piles pressure on banks to better quantify climate risks
LONDON, Oct 12 (Reuters) - Banks may not be fully reflecting risks from climate change in their capital buffers and...
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...
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....
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,...
UK financial regulator blocks company from approving Binance marketing
Signage for the Financial Conduct Authority (FCA), the Britain's financial regulatory body, is seen at their head offices in London, Britain March 10, 2022. REUTERS/Toby Melville/File Photo Acquire Licensing RightsLONDON, Oct 10 (Reuters) - Britain's financial regulator on Tuesday said it was stopping peer-to-peer platform rebuildingsociety.com from approving financial promotions for Binance and other crypto asset firms, days after Binance announced it had partnered with the company.Cryptocurrency exchange Binance, which is unregulated in Britain, in a blog post on Sunday said it had launched a new domain for UK users...