Headlines

Analysis-Traders bet ECB will be first big central bank to cut rates

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..

BMW says ‘no interest’ in price war as order books bulge

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..

US job growth misses expectations in October as labor market slows

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..

Stocks gain, Treasury yields fall after U.S. jobs market softens

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..

UK’s Sunak urges world leaders to address AI risks

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 ..

Analysis-Central banks’ big pause spurs bruised bond investors to double down

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..

Britons’ cost-of-living crisis habits will endure, says Sainsbury’s boss

Britons’ cost-of-living crisis habits will endure, says Sainsbury’s boss

LONDON (Reuters) – Changes to British consumers’ behaviour that emerged during the ongoing cost-of-living crisis, such as ..

Ferrari sees strong demand stretching into the distance

Ferrari sees strong demand stretching into the distance

MILAN (Reuters) -Ferrari’s order books are bulging all the way into 2025 when it plans to launch its first fully electric vehicl..

Bank of England keeps rates at 15-year high, rules out quick cuts to help economy

Bank of England keeps rates at 15-year high, rules out quick cuts to help economy

LONDON (Reuters) – The Bank of England held interest rates at a 15-year peak on Thursday and said it did not expect to cut them ..

US dollar retreats as risk appetite rises, Fed rate hikes seen as done

US dollar retreats as risk appetite rises, Fed rate hikes seen as done

(Removes extraneous word “be” in the quote in the 7th paragraph) By Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW Y..