Skip, pause or hike? Bond investors play it safe before Fed policy decision
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Many bond investors are keeping a defensive stance in managing their portfolios ahead of…
Business
Mexico City mayor to step down to pursue historic bid for presidency
MEXICO CITY (Reuters) -Mexico City Mayor Claudia Sheinbaum said she will step down on Friday to pursue the ruling party’s…
HSBC to close New Zealand wealth and personal banking business
(Reuters) -HSBC has decided to wind down its wealth and personal banking business in New Zealand, the bank said on…
Nikkei closes above 33,000 for the first time in 33 years
By Rocky Swift TOKYO – Japan’s benchmark Nikkei gauge surged on Tuesday, closing over 33,000 for the first time in…
Fossil fuel company net zero plans “largely meaningless” – report
(Adds link to report, fixes typographical error) By Gloria Dickie and Simon Jessop LONDON (Reuters) – The number of fossil…
Russia’s VTB may pull out of running for Yandex stake – CEO Kostin
MOSCOW (Reuters) -Russian state-owned lender VTB may pull out of the running to acquire a stake in internet giant Yandex,…
Russian banker Kostin says the end of U.S. dollar dominance is nigh
By Guy Faulconbridge and Elena Fabrichnaya MOSCOW (Reuters) -The end of the dominance of the U.S. dollar is nigh as…
Factbox – Toyota unveils battery, production innovations for new EVs
TOKYO (Reuters) – Toyota Motor has unveiled a range of technologies to improve the range, performance and cost of electric…
BlackRock fund targets greening of materials sector
By Clara Denina and Simon Jessop LONDON (Reuters) – BlackRock on Tuesday launched the “Brown to Green Materials Fund” targeting…
Marketmind: China steals the show before US inflation
A look at the day ahead in European and global markets from Sonali Desai The People’s Bank of China (PBOC)…