Wall Street Opens Higher As Investors Gear Up For Another Big Rate Hike
(Reuters) – Wall Street’s main indexes opened higher on Wednesday ahead of a widely expected hefty rate hike from the…
Reuters
Fed Forecasts May Show Fraying Faith In Soft Landing
By Ann Saphir and Howard Schneider WASHINGTON (Reuters) – How much faith Federal Reserve officials still have in prospects for…
General Mills Raises Full-year Forecast On Higher Prices
(Reuters) -Cheerios cereal maker General Mills Inc raised its full-year forecast after beating quarterly profit estimates on Wednesday, banking on…
Germany Nationalises Uniper With $8 Billion Deal In Dash To Secure Gas
By Kirsti Knolle and Anne Kauranen BERLIN/HELSINKI (Reuters) -Germany confirmed struggling gas importer Uniper’s nationalisation on Wednesday, adding another 8…
Asia’s Macro Hedge Funds Get Ready For End Of Yen Weakness
(Corrects order of surname and given name in second paragraph) By Summer Zhen HONG KONG (Reuters) -Asia macro hedge fund…
U.S. Could Dodge EU Carbon Border Levy, Bloc’s Climate Chief Says
By Kate Abnett BRUSSELS (Reuters) -The United States may be able to avoid the European Union’s plan to slap tariffs…
Oil Prices Surge More Than 2% As Putin Mobilises More Troops
By Isabel Kua SINGAPORE (Reuters) – Oil jumped more than 2% on Wednesday after Russian President Vladimir Putin announced a…
French Telecoms Tycoon Niel Buys 2.5% Stake In Vodafone
LONDON (Reuters) – French billionaire telecoms executive Xavier Niel, the founder and majority owner of Iliad, has bought a 2.5%…
Novartis To Take U.S. Drug Patent Case To Supreme Court
ZURICH (Reuters) – Novartis AG plans to ask the U.S. Supreme court to uphold the validity of a patent it…
Oil Prices Tick Up On Supply Woes But Fed Rate Hike Bets Cap Gains
By Isabel Kua SINGAPORE (Reuters) – Oil prices ticked up on Wednesday on supply concerns, but expectations of another aggressive…