BankingCredit Suisse scrambles to finalise revamp as deadline loomsOctober 20, 202291Blueprint to overhaul Swiss bank due in one weekStill unclear what businesses can be sold and for how muchLawmaker Matter:...
BankingRussians withdrew $7.5 bln in Sept as they left the country – c.bankOctober 20, 202284This content was produced in Russia where the law restricts coverage of Russian military operations in UkraineMOSCOW, Oct 20 (Reuters)...
InvestingBMW invests $1.7 bln to build electric vehicles in U.S.October 19, 202287SPARTANBURG, South Carolina Oct 19 (Reuters) - BMW AG (BMWG.DE) said on Wednesday it will invest $1.7 billion to build...
BankingDollar dips as UK budget U-turn improves market sentimentOctober 17, 2022196NEW YORK, Oct 17 (Reuters) - The dollar dipped against a basket of major currencies and sterling jumped on Monday...
FinanceUK finance minister Hunt vows to win back financial market trustOctober 16, 202263PM Truss remains under intense political pressureGovernment must account for every penny, says new finminPromises to make "difficult decisions" on...
CurrenciesSoaring rent, food costs keep U.S. inflation on front burner; labor market tightOctober 13, 202293Consumer prices increase 0.4% in SeptemberCPI advances 8.2% on year-on-year basisCore CPI rises 0.6%; jumps 6.6% year-on-yearWeekly jobless claims increase...
PensionU.S. dollar soars to new 24-year high versus yen; sterling reboundsOctober 12, 202271Yen 3-month implied volatility at 11.9, vs 13.26 on Sept. 22Japan watching volatility, not specific levels, analyst saysBoE signals to...
CurrenciesAnalysis: Weak forint rains on Hungary’s ‘no more hikes’ paradeOctober 12, 202272BUDAPEST, Oct 12 (Reuters) - Hungary's central bank tightened forint liquidity further on Wednesday at a deposit tender as part...
MortgagesUK’s Barratt warns on profit as rising mortgage rates hit demandOctober 12, 202279Net private reservations/average week 188 vs 281 year agoFY23 adjusted profit expectations below year-ago figureBarratt shares hit lowest level in...
FundsBritish pension funds step up fire sales as need for cash soarsOctober 11, 2022148LONDON, Oct 11 (Reuters) - UK pension schemes are racing to raise hundreds of billions of pounds to shore up...