Finance

ECB dents traders’ hopes for October rate cut

ECB dents traders’ hopes for October rate cut

  By Yoruk Bahceli, Naomi Rovnick (Reuters) -Traders pared back their bets on back-to-back rate cuts from the European Central Ba..

Dollar weak, yen at 2024 high on bets of big rate cut from Fed

Dollar weak, yen at 2024 high on bets of big rate cut from Fed

  By Ankur Banerjee SINGAPORE (Reuters) – The dollar softened on Friday, with the yen hitting its highest level this year a..

Swiss banks fret over sanctions risk to wealth business

Swiss banks fret over sanctions risk to wealth business

By Oliver Hirt ZURICH (Reuters) -A survey of Swiss banks has highlighted international sanctions imposed on other countries, such as a..

ECB cuts interest rates as growth dwindles

ECB cuts interest rates as growth dwindles

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank cut interest rates again on Thursday as inflatio..

Bank of England eyes growth with lighter bank capital reforms for UK lenders

Bank of England eyes growth with lighter bank capital reforms for UK lenders

By Sinead Cruise LONDON (Reuters) -The Bank of England aims to roll out revised new rules on how much capital UK banks must set aside ..

US stocks, dollar defensive, bonds rally as Harris harries Trump

US stocks, dollar defensive, bonds rally as Harris harries Trump

By Lawrence White LONDON (Reuters) -U.S. stock futures faltered and the dollar was on the defensive on Wednesday, while bond prices ra..

Portugal’s government sees growth at 2% in 2024 and 2025

Portugal’s government sees growth at 2% in 2024 and 2025

  By Sergio Goncalves LISBON (Reuters) – Portugal’s government expects the economy to grow at an annual rate of about..

German bank shares slide, DAX underperforms

German bank shares slide, DAX underperforms

  LONDON (Reuters) – German bank shares were among the worst performing European equities on Tuesday, as a selloff in U.S. ..

France withdraws pesto sauce brand after likely cases of botulism

France withdraws pesto sauce brand after likely cases of botulism

  PARIS (Reuters) -The French farm ministry on Tuesday said it detected five likely cases of food-borne botulism, a potentially f..

Sterling edges up versus dollar and euro after UK data

Sterling edges up versus dollar and euro after UK data

By Stefano Rebaudo (Reuters) – Sterling edged up versus the dollar and the euro on Tuesday after UK labour data supported the vi..