Global rate hike cycle peters out in November, EM cuts outstrip hikes
By Karin Strohecker and Sumanta Sen LONDON (Reuters) – The global monetary tightening cycle was in its last throes in November, with major developed central …
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Tech giants lead surge in global mega-caps as inflation eases
(Reuters) – Market capitalisations of global mega-cap companies, led by prominent technology firms, surged in November, buoyed by a decline in U.S. yields and growing …
Global Law Enforcement Collaboration through Operation Atlas Yields 223 Violent Transnational Fugitives Arrested and 581 Fugitives Located in 70 Countries
WASHINGTON – INTERPOL Washington, the U.S. Marshals Service, and the INTERPOL General Secretariat in Lyon, France, recently marked the completion of Operation Atlas, a year-long …
Global public pension assets dip to $25.9 trln in 2023 -report
LONDON (Reuters) – Global public pension fund assets dropped slightly to $25.9 trillion in 2023 from $26 trillion a year earlier, as inflation dented returns …
Global firms rush to buy Alipay’s stake in India’s Zomato
(Reuters) – Global money managers and banks ranging from Vanguard to Goldman Sachs as well as the Singapore government rushed to grab a slice of …
Toyota’s October global output hits record despite supplier accident
TOKYO (Reuters) – Toyota Motor said on Wednesday its October global vehicle production hit a record for that month, helped by an easing of the …
Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024
By Polina Devitt LONDON (Reuters) – Reduced supply from major copper producers Panama and Peru may flip the global copper market into a deficit from …
Japan, UK discussed global inflation, volatile FX, financial markets
TOKYO (Reuters) – Top finance officials from Japan and Britain exchanged views and analysis on current global and domestic economic challenges such as elevated inflation …
Vietnam set to raise effective tax rate on multinationals as part of global deal
HANOI (Reuters) – Vietnam’s parliament is set to approve on Wednesday a top-up tax for multinationals, which will raise the effective rate of the corporate …
CBP’s Global Entry Program Expands to PortMiami
MIAMI – Starting December 1, PortMiami will be the first seaport to host a Global Entry Enrollment Center to assist the traveling public with completing …
U.S. business activity steady in November – S&P Global survey
By Lucia Mutikani WASHINGTON (Reuters) – U.S. business activity held steady in November, but employment in the private sector declined for the first time in …
Global equity funds attract inflows on hopes for end to Fed rate rises
(Reuters) – Global equity funds attracted robust inflows in the seven days leading to Nov. 22, spurred by growing expectations that the U.S. Federal Reserve …
UN vote challenges OECD global tax leadership
By Leigh Thomas PARIS (Reuters) – The Organisation for Economic Cooperation and Development’s leadership on global tax coordination has come under threat after a majority …
Global smartphone market sees growth after over 2 years in October – Counterpoint
(Reuters) – The global smartphone market returned to growth in October after more than two years of slump, helped by a recovery in the emerging …
Global equity funds see surge in inflows on Fed pause hopes
(Reuters) – Global equity funds saw significant inflows in the week ending Nov. 15, buoyed by investor hopes that cooler-than-expected U.S. inflation would prompt the …
ECB backs global rules for bonds wiped out in Credit Suisse rescue
FRANKFURT (Reuters) – The European Central Bank’s chief supervisor on Thursday supported creating global standards for convertible bonds that were wiped out as part of …
Global watchdog FSB to tackle funds’ liquidity mismatch – Knot
FRANKFURT (Reuters) – The Financial Stability Board, a global risk watchdog, plans to issue new liquidity recommendations for some investments funds after bouts of stress …
EY appoints company veteran Janet Truncale as global CEO
(Reuters) – Ernst & Young has appointed insider Janet Truncale as global chief executive, replacing Carmine Di Sibio starting July 2024, the accounting firm said …
Global dividends slide in Q3 as miners drag
MILAN (Reuters) – Global dividends fell 0.9% to $421.9 billion in the third quarter due to lower special dividends and a small number of corporations …
Global EV sales stay strong, China hits record despite end of subsidies
(Reuters) – Electric-vehicle sales are seeing continued strength globally with China reporting record monthly sales in October despite the end of subsidies, according to market …
JBS’ Q3 profit plunges on low U.S. pork prices, beef margins and global chicken glut
By Ana Mano SAO PAULO (Reuters) – JBS SA, the world’s biggest meatpacker, reported an 86% drop in third-quarter net income compared to a year …
Germany approves global minimum corporate tax
BERLIN (Reuters) – The German parliament on Friday approved the implementation of a global minimum corporate tax, as part of an international deal to ensure …
Global equity funds draw massive inflows as rate worries ease
(Reuters) – Global equity funds saw a significant uptick in demand in the week through Nov. 8 as investor sentiment improved following the decision of …
Global X launches options ETF for volatile emerging markets
By Bansari Mayur Kamdar (Reuters) – An exchange-traded fund (ETF) that started trading on Thursday allows investors to leverage the higher volatility in emerging market …
Japan business mood improves, but global stress dims outlook – Reuters Tankan
By Tetsushi Kajimoto TOKYO (Reuters) – Japanese manufacturers’ business confidence improved for the first time since August while service-sector mood rose for a second month, …
Christie Still Polling at 3% Despite Anti-Trump Campaign Platform
MORRISTOWN, NJ – The ‘I hate Donald Trump’schtick isn’t helping former New Jersey Governor Chris Christie, according to a new national poll for the Republican …
Global assets in spot bitcoin ETFs hit $4.16 billion – CoinGecko
By Suzanne McGee (Reuters) – Global assets invested in exchange-traded funds (ETFs) tied to the spot price of bitcoin now total $4.16 billion, according to …
Global money market funds attract robust inflows on central bank policy caution
(Reuters) – Investors channelled substantial sums into global money market funds in the week leading to Nov. 1, seeking the safety of these assets ahead …
CBP adds Global Entry interviews at Houlton Enrollment Center
HOULTON, Maine — U.S. Customs and Border Protection (CBP) is adding Global Entry interview processing at the Houlton Enrollment Center starting Nov. 4. Global Entry …
Global finance chiefs to face tougher China questions at Hong Kong summit
By Kane Wu and Scott Murdoch HONG KONG (Reuters) – Global investment bank and asset manager chiefs are reuniting in Hong Kong next week amid …
Starbucks to grow to 55,000 global stores by 2030, sees $3 billion in cost savings
(Reuters) – Starbucks is planning to expand its global store footprint to 55,000 stores by 2030, CEO Laxman Narasimhan said on Thursday. The coffee chain …
Global central banks mark a possible plateau
By Howard Schneider, William Schomberg and Francesco Canepa (Reuters) – The Bank of England’s decision to hold its policy interest rate steady on Thursday puts …
Assurant Q3 profit surges on growth in global housing unit, investment returns
(Reuters) – Insurer Assurant reported a surge in third-quarter adjusted profit on Tuesday, helped by the strong performance of its global housing unit and higher …
‘Global Shakedown’: Experts Throw Cold Water On International ‘Climate Reparations’ Fund
‘Global Shakedown’: Experts Throw Cold Water On International ‘Climate Reparations’ Fund Nick Pope on October 29, 2023 The contribution of large sums of American funds …
Global equity funds experience notable outflows amid U.S. yield worries
(Reuters) – Global equity funds suffered significant outflows in the seven days to Oct. 25, hit by worries over higher U.S. bond yields and caution …
Gas Prices Expected to Rise Again In New York and New Jersey Amid Global Increase
NEW YORK, NY – Just as gasoline prices have been coming down, you can expect prices at the pump across New York and New Jersey …
BOJ meets as rising global yields, inflation test yield cap
By Leika Kihara TOKYO (Reuters) – The Bank of Japan will face growing pressure at its policy meeting next week to shift further away from …
US-China tensions will slow global chip industry, TSMC founder says
By Krystal Hu NEW YORK (Reuters) -The founder of the world’s biggest chipmaker, Morris Chang, said on Thursday that increasing tensions over technology between the …
Renault to invest $3.2 billion in eight new models in global re-launch
By Gilles Guillaume PARIS (Reuters) – Renault said on Wednesday it will invest 3 billion euros ($3.2 billion) by 2027 to launch eight new vehicles …
Crime-Ridden Blue City Frantically Trying To Clean Its Streets Ahead Of Major Global Conference
Crime-Ridden Blue City Frantically Trying To Clean Its Streets Ahead Of Major Global Conference Lillian Tweten on October 24, 2023 San Francisco has begun to …
Goldman names Kamo as global head of dealmaking for financial sponsors
By David French (Reuters) – Goldman Sachs Group Inc has appointed David Kamo as its global head of financial sponsor mergers and acquisitions within its …
Mood swing: Global producers in US hunt for China alternatives
By Timothy Aeppel (Reuters) – Jason Andringa’s company was part of the stampede of U.S. businesses that built factories in China. Iowa-based Vermeer, a 4,000-employee …
US auto strike’s economic fallout starts to hurt global businesses
By Shivansh Tiwary and Raechel Thankam Job (Reuters) – Businesses ranging from airlines to auto parts makers are starting to feel the heat from the …
Global equity funds see fifth consecutive weekly outflow amid rising bond yields
(Reuters) – Global equity funds registered their fifth weekly outflow in a row in the seven days to Oct. 18 hit by the persistent rise …
Marketmind: China GDP eyed as global cross currents swirl
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian financial markets brace for …
WTO launching global carbon price task force – Okonjo-Iweala
LONDON (Reuters) – The World Trade Organization is launching a task force to create a methodology to determine global carbon prices to ensure that plans …
Global smartphone market slumps to lowest Q3 level in decade – Counterpoint
(Reuters) – The global smartphone market contracted by 8% to its lowest third-quarter level in a decade on subdued demand for major brands including Apple …
Former Chairman of 1 Global Pleads Guilty to Running $250 Million Securities Fraud Scheme
MIAMI – Carl R. Ruderman, 82, former chairman of 1 Global Capital LLC (“1 Global”) pled guilty yesterday to a $250 million securities fraud scheme. …
Global market reaction to a week of war in Israel
By Marc Jones LONDON (Reuters) – Below are five charts showing the volatile response of global financial markets to this week’s war between Israel and …
NYPD on High Alert Following Call for Global Protests by Ex-Hamas Leader
In the wake of a call for worldwide protests by Khaled Meshaal, a former Hamas leader, the New York City Police Department is implementing heightened …