Brazil 50bp rate cut comes into play as inflation edges lower
SAO PAULO (Reuters) -Consumer prices in Brazil fell by more than expected in the month to mid-July, data from statistics…
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US says Russian plane hit drone with flare over Syria
WASHINGTON (Reuters) -The U.S. military said a Russian fighter jet hit a U.S. drone with a flare and “severely” damaged…
Morgan Stanley cuts Israel sovereign credit to “dislike stance” after judiciary changes
By Marc Jones LONDON (Reuters) -Morgan Stanley cut Israel sovereign credit to a “dislike stance” on Tuesday after the country’s…
Rate cut hopes outpace speed of global inflation decline: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Most central banks will cut interest rates in the first half of next year,…
Venice film fest attracts top names despite Hollywood strikes
By Crispian Balmer (Reuters) – Venice presented a powerful line-up on Tuesday for its forthcoming film festival, defying fears its…
Some Airbnb hosts try to beat Argentina’s inflation with dollar rates and tax avoidance
By Anna-Catherine Brigida and Eliana Raszewski BUENOS AIRES (Reuters) – As Argentina’s inflation rate soared past 100% and the value…
Goldman Sachs cuts 2023 euro zone growth forecast following weaker economic data
(Reuters) – Goldman Sachs cut its 2023 growth forecast for the euro zone, following weaker economic activity data. Economists led…
Ron DeSantis involved in car accident but is uninjured, spokesperson says
(Reuters) -Florida Governor Ron DeSantis, who is running for the 2024 Republican presidential nomination, was involved in a car accident…
Europe’s factories are slowing but no one has told cyclical stock investors
By Lucy Raitano LONDON (Reuters) – Euro zone manufacturing activity is deteriorating fast, as evidenced by Monday’s Purchasing Managers surveys,…
Binance, CEO plan to seek dismissal of CFTC complaint
(Reuters) -Binance and its CEO, Changpeng Zhao, are planning to seek the dismissal of a regulator’s complaint, accusing it of…