Don’t confuse customers over stablecoins, Bank of England warns lenders
LONDON (Reuters) -The Bank of England told lenders on Monday that they must avoid any risk that customers might confuse new forms of e..
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Travelers put off holiday trips to Middle East as Israel-Hamas war rages
NEW YORK/LONDON (Reuters) – Travelers are canceling or postponing planned vacations to the Middle East and North Africa due to f..
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Analysis-WeWork’s troubles darken outlook for embattled office market
LONDON (Reuters) -The troubles faced by co-working titan WeWork are darkening the outlook for the world’s largest business hubs,..
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US dollar drops to six-week low after softer-than-expected jobs data
US dollar drops to six-week low after softer-than-expected jobs data By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar..
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Analysis-Traders bet ECB will be first big central bank to cut rates
By Yoruk Bahceli (Reuters) – Financial markets are ramping up expectations for interest rate cuts from the European Central Ban..
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BMW says ‘no interest’ in price war as order books bulge
BERLIN (Reuters) -BMW forecast strong fourth quarter sales on Friday and said its order book was filled into the first few months of n..
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US job growth misses expectations in October as labor market slows
WASHINGTON (Reuters) – U.S. job growth slowed in October in part as strikes by the United Auto Workers (UAW) union against Detro..
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Stocks gain, Treasury yields fall after U.S. jobs market softens
NEW YORK/LONDON (Reuters) -Global stock indexes rose, the dollar weakened and benchmark 10-year U.S. Treasury yields fell to five-week..
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UK’s Sunak urges world leaders to address AI risks
By Martin Coulter and Paul Sandle BLETCHLEY PARK, England (Reuters) – World leaders have a responsibility to address the risks ..
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Analysis-Central banks’ big pause spurs bruised bond investors to double down
LONDON (Reuters) – Bond investors bruised by a record hiking cycle are increasing their positions, betting that central banks re..
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