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News
Texas Stock Exchange captures first primary equity market listings from NYSE
3+ day, 18+ hour ago (544+ words) PROVIDENCE, Rhode Island, Sept 10 (Reuters) – The fledgling Texas Stock Exchange on Thursday scored another victory against established New York trading venues, convincing three related energy partnerships to shift their primary listing from the New York Stock Exchange to Dallas. In…...
EU watchdog flags risk of abrupt market correction
4+ day, 2+ hour ago (291+ words) By Elizabeth Howcroft and Phoebe Seers PARIS, Sept 10 (Reuters) – A disconnect between deteriorating macroeconomic conditions and upbeat valuations risks triggering a market drop, the European Union’s financial watchdog said on Thursday, citing conflict in the Middle East and rising energy…...
Citi Private Bank hires Radzinski from Bank of America
4+ day, 14+ hour ago (119+ words) 1450 AM 99.7 FM WHTC Citi Private Bank hires Radzinski from Bank of America NEW YORK, Sept 9 (Reuters) – Citigroup’s Private Bank announced the hiring of Teresa Radzinski from Bank of America to strengthen relationships with ultra-high-net-worth clients, according to an internal memo…...
India’s equity fund inflows rise nearly a fifth in August; monthly savings plan contributions hit a record
4+ day, 6+ hour ago (368+ words) Sept 10 (Reuters) – Indian investors poured a record amount into mutual funds through monthly savings plans in August, continuing to invest even as the market came under pressure, data from the Association of Mutual Funds in India showed on Thursday. Flows…...
Amazon will raise $5.8 billion in first sterling bond sale, lead managers say
4+ day, 23+ hour ago (331+ words) LONDON, Sept 9 (Reuters) – Amazon will raise £4.25 billion ($5.76 billion) in its first-ever sterling bond sale, more than initially expected, according to a bank managing the deal, as hyperscalers rush to diversify their funding sources to finance the AI boom. The deal,…...
German exports unexpectedly fall in July
6+ day, 9+ hour ago (159+ words) Sept 8 (Reuters) – German exports unexpectedly fell in July, ending a run of monthly increases since February, as shipments to European Union countries declined. Exports fell by 0.8% in July compared with the previous month, data from the federal statistics office showed…...
Dollar gets little lift from boost in Fed hike expectations
1+ week, 14+ hour ago (499+ words) SINGAPORE, Sept 7 (Reuters) – The dollar was on shaky ground on Monday, despite a ramp-up in U.S. rate hike bets as Middle East tensions raised the prospect of broader inflationary pressures that could force global central banks to tighten policy in…...
ECB to raise rates a second time in September, but then done, say economists: Reuters poll
1+ week, 4+ day ago (628+ words) BENGALURU, Sept 3 (Reuters) – The European Central Bank will raise interest rates on September 10 for the second and final time in what would be its shortest hiking campaign in 15 years, according to a Reuters poll published on Thursday. Most economists in…...
German services sector downturn eases in August on stronger demand, hiring
1+ week, 4+ day ago (265+ words) BERLIN, Sept 3 (Reuters) – Germany’s services sector contracted marginally in August as tougher financial conditions, high costs and customer caution weighed on activity, a business survey showed on Thursday. The final S&P Global Germany Services Purchasing Managers’ Index fell to…...
Euro zone overall business growth held steady in August, PMI shows
1+ week, 4+ day ago (425+ words) LONDON, Sept 3 (Reuters) – Growth in the euro zone’s dominant services industry slipped to a two-month low in August though solid and broad-based demand kept overall private sector activity on an even keel, a survey showed on Thursday. The S&P Global…...