US dollar edges lower as traders await Fed rate cut decision
By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar edged lower against major currencies on Wednesday, giving up some of its overni..
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How some hedge funds would trade a rate cutting cycle
By Nell Mackenzie LONDON (Reuters) -While many investors hope falling interest rates will usher in a soft economic landing, others for..
Finance
UK’s Asda says retail veteran Stuart Rose to lead business
By James Davey LONDON (Reuters) -British supermarket group Asda, which has been losing market share, said its chairman, veteran..
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Oil prices edge higher on US crude stocks, market awaits Fed decision
By Laila Kearney NEW YORK (Reuters) -Oil prices were up on Wednesday on falling crude inventories in the United States, whiles the mar..
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Spain allows BlackRock to take 20% stake in Naturgy, Cinco Dias reports
MADRID (Reuters) – The Spanish government has authorised BlackRock to take the 20% stake in power utility Naturgy it boug..
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UK inflation holds at 2.2% but services prices keep BoE on alert
By Suban Abdulla LONDON (Reuters) -British inflation held steady in August but sped up in the services sector which is closely ..
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With Fed’s rate cut at hand, debate swirls over how big a move
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve on Wednesday almost certainly will lower interest rates fo..
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Morning Bid: Traders still guessing in final Fed countdown
A look at the day ahead in European and global markets from Kevin Buckland With just hours until one of the most highly anticip..
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UAW to hold strike votes at Stellantis local chapters, union president says
By Nora Eckert and Abhirup Roy DETROIT (Reuters) -The United Auto Workers union plans to hold strike authorization votes at one..
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French central bank sees consumer gains easing budget pains
PARIS (Reuters) – France’s economy is set to gain momentum in the coming two years as lower inflation boosts consum..
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