Fed’s Bostic Says Three Hikes, Fast Balance Sheet Runoff Needed For Inflation Fight
By Howard Schneider WASHINGTON (Reuters) – High inflation and a strong recovery will require the Federal Reserve to raise interest…
January 2022
LME Resumes Trading After A Third-party Power Outage
LONDON/BENGALURU (Reuters) -Trading on the London Metal Exchange (LME) resumed on Tuesday morning after a power outage as the world’s…
Stocks Steady, Bond Yields Cling To Highs Ahead Of Fed Testimony
By Karin Strohecker and Sujata Rao LONDON (Reuters) – Global stocks edged up and bond yields clung to recent highs…
Dollar Slips Ahead Of Powell Comments; Swiss Franc At Seven Week High
LONDON (Reuters) – The dollar slipped on Tuesday but was stuck within recent ranges as investors waited for U.S. Federal…
Deutsche Bank And Commerzbank Fall After Cerberus Share Sale
FRANKFURT (Reuters) – Shares in Deutsche Bank and Commerzbank opened lower on Tuesday after the U.S. investor Cerberus sold holdings…
China’s Shimao Says No Deal Yet To Sell Shanghai Plaza, In Talks To Sell Some Assets
By Clare Jim HONG KONG (Reuters) – Cash-strapped Chinese property developer Shimao Group Holdings on Tuesday denied a media report…
Oil Prices Rise On Renewed Risk Appetite, Tight OPEC Supply
By Koustav Samanta and Sonali Paul SINGAPORE (Reuters) -Oil prices climbed on Tuesday, with investors regaining some risk appetite as…
Explainer-How Amazon’s Battle With Reliance For India Retail Supremacy Became A Legal Jungle
By Aditya Kalra NEW DELHI (Reuters) – For more than a year, Amazon.com Inc and India’s Future Group have been…
Volkswagen Aims To Double Electric Car Sales In China This Year After Missing Targets
By Norihiko Shirouzu BEIJING (Reuters) -Volkswagen AG said it would likely double sales of its ID battery electric vehicles in…
Power Outage Affects Trading At LME – Bloomberg News
(Reuters) – A power shutdown at a third-party data centre has caused connectivity issues at London Metal Exchange (LME), impacting…