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Yields soar as likely Trump win stirs ‘bond vigilantes’
Posted inEconomy

Yields soar as likely Trump win stirs ‘bond vigilantes’

By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) – U.S. Treasuries dropped on Wednesday, sending yields surging, as Donald Trump stood on the cusp of a second presidency that could…
Posted by November 6, 2024
Explainer-Why China’s economy is more vulnerable to Trump tariffs this time
Posted inEconomy

Explainer-Why China’s economy is more vulnerable to Trump tariffs this time

By Marius Zaharia HONG KONG (Reuters) – A threat by Donald Trump, who has been elected as the next U.S. president, to impose 60% tariffs on U.S. imports of Chinese…
Posted by November 6, 2024
Trump victory to reverberate through global economy
Posted inEconomy

Trump victory to reverberate through global economy

By Balazs Koranyi FRANKFURT (Reuters) -Donald Trump’s victory in the race to become the next U.S. president will have economic consequences for the rest of the world that are likely…
Posted by November 6, 2024
Tight credit conditions add to case for Fed interest-rate cut
Posted inEconomy

Tight credit conditions add to case for Fed interest-rate cut

By Ann Saphir (Reuters) – The Federal Reserve has plenty of reasons to deliver a widely expected interest rate cut on Thursday, including a decline in inflation and a cooling…
Posted by November 6, 2024
Markets more confident Fed balance sheet drawdown has room to run
Posted inEconomy

Markets more confident Fed balance sheet drawdown has room to run

By Michael S. Derby NEW YORK (Reuters) – Financial markets are heading into this week’s Federal Reserve meeting with more clarity over the outlook for the U.S. central bank’s ongoing…
Posted by November 6, 2024
United States renews calls for Italy to scrap its web tax, sources say
Posted inStock

United States renews calls for Italy to scrap its web tax, sources say

By Giuseppe Fonte ROME (Reuters) – The United States has recently renewed calls for Italy to repeal its domestic web tax, people familiar with the matter told Reuters, saying the…
Posted by November 6, 2024
Puma CEO: company ‘well positioned’ to cope with potential tariff increases
Posted inStock

Puma CEO: company ‘well positioned’ to cope with potential tariff increases

(Reuters) – German sportswear maker Puma (OTC:PMMAF) is well positioned to react swiftly to tariff increases, CEO Arne Freundt said on Wednesday, when asked about the potential impact of Donald…
Posted by November 6, 2024
TeamViewer shares drop 10% as Q3 billings misses analyst estimates
Posted inStock

TeamViewer shares drop 10% as Q3 billings misses analyst estimates

Investing.com — Shares of TeamViewer (ETR:TMV) dropped 10% after the company reported its third-quarter results, with billings growth coming in below analyst estimates.  The software firm posted a 4% year-on-year…
Posted by November 6, 2024
UniCredit CEO pushes merger credentials as it outperforms Commerzbank
Posted inStock

UniCredit CEO pushes merger credentials as it outperforms Commerzbank

MILAN (Reuters) – UniCredit CEO Andrea Orcel said on Wednesday banks need to be more efficient and profitable and expressed confidence that “people will look at the facts” when weighing…
Posted by November 6, 2024
Vestas, Orsted shares slip as election results suggest Trump close to victory
Posted inStock

Vestas, Orsted shares slip as election results suggest Trump close to victory

Investing.com – Shares in Vestas (CSE:VWS), the world’s biggest wind turbine maker, sank in early European trading on Wednesday as the results of the 2024 US presidential election suggested a likely…
Posted by November 6, 2024

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