By Carolina Mandl and Ankika Biswas (Reuters) – The Nasdaq closed lower on Friday with pressure from Apple Inc in a subdued holiday-shortened trading session for Wall Street, as investors watche[...]
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November 25, 2022
Analysis-Egypt not out of the woods after IMF rescue deal
By Patrick Werr and Marc Jones CAIRO/LONDON (Reuters) – Egypt’s finances remain in a precarious state despite two major currency devaluations this year and a brand new $3 billion Internati[...]
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Ahead of November FOMC, big banks saw 4.875% peak Fed rate target
By Michael S. Derby (Reuters) – Wall Street’s biggest banks told the Federal Reserve ahead of its November policy meeting that they had increased their estimation of how far the central bank wou[...]
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Italy state railway adds 300-euro bonus to help staff with cost of living
MILAN (Reuters) – Italy’s state railways company Ferrovie dello Stato said on Friday it will grant its staff a 300 euro additional bonus this year under a scheme approved by the government[...]
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Dollar edges up in range-bound holiday markets
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar edged higher across the board on Friday in a quiet session following the U.S. Thanksgiving holiday but remained near multi-month lows as the[...]
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Nasdaq falls and dollar rises on investor caution
By Sinéad Carew and Alun John NEW YORK/LONDON (Reuters) – The Nasdaq closed Friday’s shorter session lower with pressure from Apple Inc, while the dollar gained as investors shied away fro[...]
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Oil prices fall 2% as Chinese demand worries linger
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell 2% on Friday in thin market liquidity, closing a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil[...]
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SoftBank-backed Kavak lays off staff, makes ‘significant’ cuts -internal email
(Corrects to show cuts already happened) By Valentine Hilaire MEXICO CITY (Reuters) -Mexican online used-car dealership Kavak has made significant spending cuts and laid off staff as it prepares for a[...]
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Brazil’s Lula to prioritize tax reform early in govt, aide says
SAO PAULO (Reuters) -Brazil President-elect Luiz Inacio Lula da Silva will give “full priority” to kicking off tax reform early in his administration, close aide and former Sao Paulo mayor[...]
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