Shares fall after little Fed surprise, China data and trade in focus
By Sinéad Carew and Tom Wilson NEW YORK/LONDON (Reuters) – MSCI’s global equities index lost ground on Wednesday after weaker-than-expected…
Business
Why a $1.5 trillion source of corporate financing is choking on higher rates
By Naomi Rovnick and Chiara Elisei LONDON (Reuters) – A financial stream that helped fund the world’s riskiest companies and…
Regulators tighten screw on investment fund redemptions
By Huw Jones LONDON (Reuters) -Global regulators on Wednesday proposed tougher rules for investment funds to increase their resilience to…
Cyber insurance rates drop 10% in June -report
LONDON (Reuters) – Cyber insurance rates dropped around 10% in June compared with a year earlier, reversing recent sharp rate…
U.S. Big Tech says it meets EU gatekeeper status, TikTok criticises label
By Foo Yun Chee BRUSSELS (Reuters) -Seven companies including Amazon, Apple, Google, Facebook-owner Meta and Microsoft say they meet the…
UPS, Teamsters accuse each other of walking away from contract talks
By Abhijith Ganapavaram (Reuters) -The Teamsters Union said on Wednesday United Parcel Service “walked away” from negotiations over a new…
Britain to set up real-time bond and stock trading record
By Huw Jones LONDON (Reuters) -Britain’s financial watchdog proposed a real-time record of stock and bond prices on Wednesday to…
Binance market share takes regulatory hit, its US affiliate shrinks
By Medha Singh (Reuters) – The market share of Binance, the world’s largest cryptocurrency exchange, and its U.S. affiliate have…
Dollar gains after Fed minutes reinforce rate hike expectations
(Refiles to adds FOREX to headline and changes update number to 4 not 1) By Herbert Lash NEW YORK (Reuters)…
US-Mexico-Canada trade meeting to skirt major disputes, USTR says
By David Lawder WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai’s meetings with North American trade partners Canada and Mexico…