July 26, 2023

By Harry Robertson, Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) – A slide in the dollar and signs that volatility is returning to foreign exchange markets as interest-rate hikes bite is causing investors to reassess wildly popular carry trades and to be pickier about which currencies they back. The carry trade – an investment strategy…

By Christoph Steitz and Vincent Flasseur FRANKFURT/LONDON (Reuters) – German industry is finding new ways to transport cargoes from coal to chemicals as increasingly frequent low water levels on the Rhine disrupt Europe’s largest economy. The 1,230 km (764.29 miles) river, a world famous tourist destination and a part of the national psyche, is the…