S&P 500 ends lower as Microsoft recedes from record high
Microsoft weighs on S&P 500 and NasdaqAdobe climbs after upbeat earnings forecastNasdaq logs longest weekly winning streak since March 2019Indexes...
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U.S. Treasury found no currency manipulation in 2022, downgrades Swiss scrutiny
WASHINGTON, June 16 (Reuters) - The U.S. Treasury on Friday said it found that no major U.S. trading partners had...
Vladimir Putin delivers keynote address at St Petersburg forum
MOSCOW, June 16 (Reuters) - President Vladimir Putin is delivering the keynote address at Russia's showcase St Petersburg International Economic...
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...
Bundesbank sees German economy shrinking this year
FRANKFURT, June 16 (Reuters) - The German economy, Europe's biggest, will shrink this year and inflation will stay above 2%...
EU top court backs consumers in Polish FX mortgage case
WARSAW, June 15 (Reuters) - The European Union's top court on Thursday backed Polish borrowers with Swiss franc-denominated mortgages in...
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,...
Google faces EU break-up order over anti-competitive adtech practices
BRUSSELS, June 14 (Reuters) - Alphabet's (GOOGL.O) Google may have to sell part of its lucrative adtech business to address...
US stocks drop after Fed signals more rate hikes to come
Fed holds rates steady, signals more hikes by year endUnitedHealth sinks after cost warningIndexes: Dow -1.19%, S&P 500 -0.61%, Nasdaq...
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...