A look at the day ahead in U.S. and global markets from Mike Dolan Surprise news of a 2%-plus print on U.S. headline inflation rate for June has world markets betting the peak of the Federal Reserve’s interest rate campaign will now be this month. Although rounded up to 3.0% for official purposes, the annual…
By Giuseppe Fonte ROME (Reuters) – Italy is looking to boost the ability of listed companies to issue shares with enhanced voting rights, a Treasury official said on Thursday, as part of efforts to stop a steady flight of businesses from Milan to the Netherlands. Such an option, however, will be considered as long as…
By Tom Balmforth (Reuters) – The Ukrainian president’s performance at a NATO summit this week was vintage Volodymyr Zelenskiy: go in hard, push allies beyond their comfort zone, and go home with less than you said you wanted, but more than seemed likely only a few months ago. Zelenskiy left Western leaders in Vilnius with…
By Guy Faulconbridge MOSCOW (Reuters) – A Russian general said he had been dismissed as a commander after telling the military leadership about the dire situation at the front in Ukraine, where he said Russian soldiers had been stabbed in the back by the failings of the top military brass. After the June 24 mutiny…
By Guy Faulconbridge and Vladimir Soldatkin MOSCOW (Reuters) – Russian Foreign Minister Sergei Lavrov said on Thursday that he had not heard of any new proposals on the Black Sea grain deal which expires next week but was working with Turkey on ways to ensure Russian grain exports regardless of any deal. U.N. Secretary-General Antonio…
By Joe Cash and Ellen Zhang BEIJING (Reuters) -China’s exports fell last month at their fastest pace since the onset three years ago of the COVID-19 pandemic, as an ailing global economy puts mounting pressure on Chinese policymakers for fresh stimulus measures. Momentum in China’s post-COVID recovery has slowed after a brisk pickup in the…
By Shivangi Acharya and Sarita Chaganti Singh NEW DELHI (Reuters) – Global finance chiefs will meet in India next week to discuss increasing loans to developing nations from multilateral institutions, reforming the international debt architecture and regulations on cryptocurrency, Indian officials said. The finance ministers and central bank governors from the Group of 20 (G20)…
By Marie Mannes, John O’Donnell and Chiara Elisei STOCKHOLM/LONDON/FRANKFURT (Reuters) – For hundreds of thousands of ordinary Swedes, investing in one of their country’s biggest landlords SBB was a sure bet for years. Now it is at the epicentre of a property crash that threatens to engulf the Nordic state’s economy. On Friday, the heavily-indebted…
By Pratima Desai and Siyi Liu LONDON/BEIJING (Reuters) -The Shanghai Futures Exchange (ShFE) is looking to expand its commodities warehousing network outside China, and is examining systems and regulations in the sector overseas, three sources with direct knowledge of the matter told Reuters. China’s dominant commodities bourse has a domestic network of 216 storage facilities…
(Reuters) -Domino’s Pizza Group said on Thursday Andrew Rennie, who has served as the Europe chief for a major franchise operator of the pizza chain, will join the UK firm in August as its chief executive. Rennie will take over from Elias Diaz Sese, who has been serving as Domino’s Pizza Group’s (DPG) interim CEO…
