Marketmind: Fed hawks, China tensions keep markets under pressure
A look at the day ahead in European and global markets from Kevin Buckland U.S. policymakers are stealing the spotlight…
Business
US banks lose favor with European hedge funds, Goldman says
By Carolina Mandl NEW YORK (Reuters) -European hedge funds have rapidly cut their exposure to U.S. banks since the beginning…
Bubs Australia falls after mounting new strategy, outlook amid board overhaul
By Rishav Chatterjee (Reuters) -Shares of Bubs Australia pared most of their early losses on Thursday after opening about 9%…
China’s chipmaking export curbs ‘just a start’, Beijing adviser warns before Yellen visit
BEIJING/SHANGHAI (Reuters) -China’s export controls on metals used in semiconductors are “just a start”, an influential Chinese trade policy adviser…
JetBlue says it will end alliance with American to save Spirit merger deal
By Rajesh Kumar Singh, David Shepardson and Diane Bartz CHICAGO (Reuters) -JetBlue Airways, seeking to protect a planned $3.8 billion…
Biden administration appeals ban on social media contacts
By Tyler Clifford and Sharon Bernstein (Reuters) – The Biden administration on Wednesday appealed a federal judge’s ruling restricting some…
CFTC investigators conclude Celsius, ex-CEO broke rules – Bloomberg News
(Reuters) -Commodity Futures Trading Commission (CFTC) investigators have concluded that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky…
RBA to raise cash rate to 4.35% in August, economists split on peak: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will likely deliver a 25 basis point interest rate increase on…
Dollar to stay firm on expectations of resilient US economy: Reuters poll
By Indradip Ghosh and Shaloo Shrivastava BENGALURU (Reuters) – The U.S. dollar will hold its ground against most major currencies…
US Judge restricts Biden officials from contact with social media firms
By Kanishka Singh WASHINGTON (Reuters) -A U.S. federal judge on Tuesday restricted some agencies and officials of the administration of…