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Markets

Bausch + Lomb Announces Participation at the RBC Capital Markets Global Healthcare Conference

May 13, 2022
Bausch + lomb announces participation at the rbc capital markets global healthcare conference - photo licensed by shore news network.

VAUGHAN, ON, May 13, 2022 — Bausch + Lomb Corporation, (NYSE/TSX: BLCO) (“Bausch + Lomb”), a leading global eye health company dedicated to helping people …

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The dollar problem: emerging markets count the costs

May 11, 2022
The dollar problem: emerging markets count the costs - photo licensed by shore news network.

By Karin Strohecker and Sujata Rao LONDON – Barely recovered from a two-year bout of COVID, emerging markets now face capital flight, inflation, and even …

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Analysis: Blockchain needs MP3 music moment to win over markets

May 11, 2022
Analysis: blockchain needs mp3 music moment to win over markets - photo licensed by shore news network.

By Huw Jones LONDON – Blockchain needs its own music industry ‘MP3’ moment as fragmented regulation and technology hamper the development of a digital securities …

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No place to hide: Dollar’s surge cuts across markets

May 6, 2022
No place to hide: dollar's surge cuts across markets - photo licensed by shore news network.

By Saikat Chatterjee and Sujata Rao LONDON – “Our currency, your problem,” were the words of a former U.S. Treasury secretary in 1971 to other …

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Running on hope, China markets want action, not more policy pledges

May 5, 2022
Running on hope, china markets want action, not more policy pledges - photo licensed by shore news network.

By Tom Westbrook SINGAPORE – Promises of policy support and a possible meeting between tech giants and China’s leaders this week have helped stem a …

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Staff at UK markets watchdog begin unprecedented strike

May 4, 2022
Staff at uk markets watchdog begin unprecedented strike - photo licensed by shore news network.

(Removes ‘to’ from headline) By Huw Jones LONDON -Staff at Britain’s Financial Conduct Authority (FCA) went on strike for the first time on Wednesday as …

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WEIS MARKETS REPORTS FIRST QUARTER 2022 RESULTS

May 3, 2022
Weis markets reports first quarter 2022 results - photo licensed by shore news network.

Company’s first quarter comparable store sales increased 9.4 percent SUNBURY, Pa., May 2, 2022 — Weis Markets, Inc. (NYSE: WMK) today reported its financial results …

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Exclusive-Citi behind trade that caused brief crash in European markets -sources

May 2, 2022
Exclusive-citi behind trade that caused brief crash in european markets -sources - photo licensed by shore news network.

NEW YORK – The brief crash in Nordic markets on Monday was due to a single sell order placed by Citigroup, according to two sources …

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Hedge fund Citadel posts gains in April as markets fell

May 2, 2022
Hedge fund citadel posts gains in april as markets fell - photo licensed by shore news network.

By Svea Herbst-Bayliss BOSTON – Hedge fund Citadel avoided April’s stock market drop and posted gains in its most prominent strategies, easily besting the average …

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Adler says it will remain shut out of financial markets until audit completed

May 2, 2022

FRANKFURT – German landlord Adler will remain shut out of banking and capital markets until its financial statements have been audited, the company said on …

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WEIS MARKETS ANNOUNCES QUARTERLY DIVIDEND

April 29, 2022
Weis markets announces quarterly dividend - photo licensed by shore news network.

SUNBURY, Pa., April 28, 2022 — Weis Markets, Inc.’s (NYSE: WMK) Board of Directors today declared a quarterly dividend of $.32 per share to shareholders of …

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Foreign funds fret geopolitics taints China yuan, markets :Mike Dolan

April 29, 2022
Foreign funds fret geopolitics taints china yuan, markets :mike dolan - photo licensed by shore news network.

By Mike Dolan LONDON – Paradigm lost? A long-held view among many investors that China’s currency and markets would one day sit at the centre …

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Column-‘Peak subscription’ a red flag for U.S. economy and markets: McGeever

April 27, 2022

By Jamie McGeever ORLANDO, Fla. – U.S. consumers appear to have online subscription and streaming fatigue, a lethargy that may be a reflection of where …

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China nudges mutual funds to offer pension products, stabilise markets

April 27, 2022
China nudges mutual funds to offer pension products, stabilise markets - photo licensed by shore news network.

SHANGHAI – China’s securities regulator nudged mutual funds to develop fund products for private pensions and asked them to stabilise markets, as Chinese equities witness …

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China needs open capital markets for yuan to be global currency, IMF’s Gopinath says

April 26, 2022
China needs open capital markets for yuan to be global currency, imf's gopinath says - photo licensed by shore news network.

By David Lawder WASHINGTON – If China wants its yuan to become a globally used currency, Beijing would need to have open capital markets and …

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Volta Trucks unveils two smaller truck models for urban markets

April 26, 2022
Volta trucks unveils two smaller truck models for urban markets - photo licensed by shore news network.

By Nick Carey LONDON – Commercial electric vehicle (EV) startup Volta Trucks on Tuesday unveiled two smaller zero-emission truck models that will start production in …

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Chinese markets continue to see foreign investment outflows in April

April 22, 2022
Chinese markets continue to see foreign investment outflows in april - photo licensed by shore news network.

(Reuters) – Overseas investors extended their selling of Chinese shares into April, after dumping them in the previous month, on mounting worries about the impact …

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History of Japan’s intervention in currency markets

April 21, 2022
History of japan's intervention in currency markets - photo licensed by shore news network.

(Reuters) – A precipitous drop in the yen has investors wary that Japan intervenes in the open market to support the currency. [FRX/] It is …

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China keeps medium-term policy rate unchanged, but markets expect more easing

April 14, 2022
China keeps medium-term policy rate unchanged, but markets expect more easing - photo licensed by shore news network.

SHANGHAI -China’s central bank kept borrowing costs of its medium-term policy loan unchanged for the third straight month as expected on Friday, despite Beijing calling …

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Swiss watchdog finds Blackstone Resources manipulated markets

April 12, 2022
Swiss watchdog finds blackstone resources manipulated markets - photo licensed by shore news network.

ZURICH – The Swiss Financial Market Supervisory Authority (FINMA) has determined violation of market conduct rules at Blackstone Resources AG and one of its directors, …

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European credit CDS jumps as Fed-speak spooks markets

April 6, 2022
European credit cds jumps as fed-speak spooks markets - photo licensed by shore news network.

(Reuters) – The cost of insuring exposure to corporate bonds surged on Wednesday as stock markets tumbled on worries of aggressive U.S. rate hikes hurting …

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Emerging markets suffer $9.8bln outflow in March with big hit to China

April 5, 2022
Emerging markets suffer $9. 8bln outflow in march with big hit to china - photo licensed by shore news network.

(Reuters) – Emerging markets suffered their first portfolio outflows in a year in March, driven by investors ditching Chinese assets and growing anxiety over recent …

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UK’s surging jobs markets shows signs of stabilisation – REC

March 31, 2022
Uk's surging jobs markets shows signs of stabilisation - rec - photo licensed by shore news network.

LONDON – A surge in demand for workers in Britain is showing some signs of stabilising, according to a survey published on Friday that may …

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Latam steps up as emerging markets struggle in first quarter

March 31, 2022
Latam steps up as emerging markets struggle in first quarter - photo licensed by shore news network.

By Rodrigo Campos NEW YORK – Latin America has served as a respite for whipsawed emerging market investors during the first quarter, as accelerating inflation …

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Marketmind: A 1-2 punch from the bond markets

March 30, 2022
Marketmind: a 1-2 punch from the bond markets - photo licensed by shore news network.

A look at the day ahead in markets from Dhara Ranasinghe. Whether or not you believe in the signalling power of the U.S. Treasury curve, …

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Uncertain path for oil markets in coming days

March 27, 2022
Uncertain path for oil markets in coming days - photo licensed by shore news network.

By David Gaffen (Reuters) – The crude oil market heads into another week of uncertainty, buffeted on one side by the ongoing war between Russia …

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Canada’s red-hot housing markets hint at cooldown as higher rates, inflation bite

March 25, 2022
Canada's red-hot housing markets hint at cooldown as higher rates, inflation bite - photo licensed by shore news network.

By Nichola Saminather and Julie Gordon TORONTO – Toronto realtor Nasma Ali has noted a marked slowdown in housing demand in the red-hot Greater Toronto …

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Citi global co-head of markets Lathrop to depart

March 24, 2022
Citi global co-head of markets lathrop to depart - photo licensed by shore news network.

NEW YORK – Citigroup Inc said on Thursday in a memo that Carey Lathrop, global co-head of markets, will leave the bank and Andy Morton, …

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Tallgrass Energy looks to growth in international markets, hires executive

March 23, 2022
Tallgrass energy looks to growth in international markets, hires executive - photo licensed by shore news network.

By Liz Hampton DENVER – U.S. pipeline operator Tallgrass Energy is looking for growth from international markets and recently hired a business development professional to …

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Lamborghini can absorb lost sales in Russia through other markets -CEO

March 21, 2022
Lamborghini can absorb lost sales in russia through other markets -ceo - photo licensed by shore news network.

By Giulio Piovaccari MILAN – Italian luxury sports car brand Lamborghini can easily make up for lost sales from its decision to suspend business in …

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Paybotic, a Leading Provider of Affordable Payment Solutions in the Cannabis Industry and Surrounding Markets, Participating in Trade Shows Across the U.S. in March, April, and May 2022

March 17, 2022
Paybotic, a leading provider of affordable payment solutions in the cannabis industry and surrounding markets, participating in trade shows across the u. S. In march, april, and may 2022 - photo licensed by shore news network.

Recognizing the Growing Need for its Cannabis Payment Solution Services, Paybotic to Showcase to Growing Number of Cannabis Business Owners WEST PALM BEACH, Fla., March …

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IMF says Fed tightening appropriate, adds to risks for emerging markets

March 17, 2022
Imf says fed tightening appropriate, adds to risks for emerging markets - photo licensed by shore news network.

WASHINGTON – The U.S. Federal Reserve is acting “appropriately” to tighten monetary policy and signal a higher future rate path, but the policy shift does …

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Fed signals fastest tightening since 2006; markets see more

March 16, 2022
Fed signals fastest tightening since 2006; markets see more - photo licensed by shore news network.

By Ann Saphir – Federal Reserve policymakers on Wednesday signaled much faster interest rates hikes this year than they had expected just a few months …

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China stocks leap after State Council pledges support for economy, capital markets

March 16, 2022
China stocks leap after state council pledges support for economy, capital markets - photo licensed by shore news network.

SHANGHAI – Hong Kong stocks jumped 9% on Wednesday to mark their best day since 2008, after China’s top policymaker assured markets of stability and …

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Inflation-wary bond markets focused on Fed’s tricky balancing act

March 14, 2022
Inflation-wary bond markets focused on fed's tricky balancing act - photo licensed by shore news network.

By Karen Brettell – With the Federal Reserve almost certain to hike interest rates this week for the first time in more than three years, …

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BlackRock’s Fink says Russia essentially cut off from global capital markets

March 9, 2022
Blackrock's fink says russia essentially cut off from global capital markets - photo licensed by shore news network.

– Russia has essentially been cut off from global capital markets as western companies and investors increasingly shun doing business in the country following its …

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OPEC has no control over events roiling global oil markets -Sec Gen

March 9, 2022March 8, 2022
Opec has no control over events roiling global oil markets -sec gen - photo licensed by shore news network.

By Marianna Parraga HOUSTON -OPEC has no control over the events that have led to the run up in global oil prices and there is …

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Winners take all: in some markets, Ukraine war sparks boom

March 8, 2022
Winners take all: in some markets, ukraine war sparks boom - photo licensed by shore news network.

By Tommy Wilkes and Sujata Rao LONDON – From European banks to the Polish zloty, Moscow’s invasion of Ukraine has triggered massive price falls as …

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Top Glove shelves HK listing as Ukraine war roils markets

March 8, 2022
Top glove shelves hk listing as ukraine war roils markets - photo licensed by shore news network.

By Scott Murdoch and Liz Lee SYDNEY/KUALA LUMPUR – Malaysia’s Top Glove Corp Bhd has postponed a plan to raise $347 million in a Hong …

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Europe at war: Six charts to know in financial markets

March 5, 2022March 5, 2022
Europe at war: six charts to know in financial markets - photo licensed by shore news network.

LONDON – Russia’s escalating war in Ukraine has sent commodity and energy prices soaring, boosted safe havens and hammered Europe’s common currency and its stock …

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FX markets in for bumpy ride over next three months: Reuters poll

March 3, 2022
Fx markets in for bumpy ride over next three months: reuters poll - photo licensed by shore news network.

By Hari Kishan, Vivek Mishra and Vuyani Ndaba BENGALURU/JOHANNESBURG – Currencies are in for a bumpy ride with already heightened volatility expected to increase over …

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New York Fed’s Logan says staff will carefully monitor money markets

March 2, 2022
New york fed's logan says staff will carefully monitor money markets - photo licensed by shore news network.

By Jonnelle Marte – The Federal Reserve’s nearly $9 trillion balance sheet has more room to decline than it did the last time the central …

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Marketmind: A turning point for markets

March 2, 2022
Marketmind: a turning point for markets - photo licensed by shore news network.

A look at the day ahead in markets from Dhara Ranasinghe. When the yield on Germany’s benchmark Bund, considered one of thea safest assets in …

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Hungary central bank ready to act ‘at any moment’ to shore up markets

March 1, 2022
Hungary central bank ready to act 'at any moment' to shore up markets - photo licensed by shore news network.

By Gergely Szakacs BUDAPEST – The National Bank of Hungary (NBH) is ready to intervene “at any moment” with all tools at its disposal to …

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Europe carves out Russian securities from financial markets

February 28, 2022
Europe carves out russian securities from financial markets - photo licensed by shore news network.

By Huw Jones LONDON -Europe’s financial market on Monday began severing Russia’s ties to its critical plumbing for trading, clearing and settling securities as sanctions …

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Olam focused on Q2 London IPO of food ingredients unit; watching markets

February 28, 2022
Olam focused on q2 london ipo of food ingredients unit; watching markets - photo licensed by shore news network.

SINGAPORE – Commodities trader Olam International is focused on completing the IPO of its food ingredients unit in the second quarter but it is also …

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Europe at war: Six charts to know in financial markets

February 26, 2022February 26, 2022
Europe at war: six charts to know in financial markets - photo licensed by shore news network.

LONDON – Russia launched a full-scale invasion of Ukraine this week, sparking a slew of sanctions and turmoil in global financial markets. Below are six …

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U.S. corporate debt drops amid global markets selloff

February 24, 2022
U. S. Corporate debt drops amid global markets selloff - photo licensed by shore news network.

NEW YORK – The prices of a major junk bond ETF fell on Thursday as investors pulled out of riskier assets amid a widespread selloff …

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Moscow Exchange suspends trading on all markets

February 24, 2022February 24, 2022
Moscow exchange suspends trading on all markets - photo licensed by shore news network.

MOSCOW – The Moscow Exchange said on Thursday morning it had suspended trading on all markets. The exchange will announce the resumption of trading at …

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HSBC sees risks of wider contagion to markets from Russia-Ukraine conflict – CEO

February 22, 2022
Hsbc sees risks of wider contagion to markets from russia-ukraine conflict - ceo - photo licensed by shore news network.

LONDON – The boss of HSBC, one of Europe’s largest banks, said on Tuesday he was concerned about the risk of “wider contagion” for global …

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