Dollar soars to two-decade high as Putin shakes FX market ahead of Fed

Dollar soars to two-decade high as Putin shakes FX market ahead of Fed

Register now for FREE unlimited access to Reuters.com Register Dollar index at two-decade high Euro slides back toward two-decade lows Putin announces partial troop mobilization for Ukraine Markets gauging Fed hawkishness in Powell briefing LONDON/NEW YORK, Sept 21 (Reuters) – The dollar surged to a new two-decade high on Wednesday just ahead of another expected … Read more

Trump media deal suffers blow as SPAC fails to win extension

Trump media deal suffers blow as SPAC fails to win extension

The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 6 (Reuters) – The blank-check acquisition firm that agreed to merge with former U.S. President Donald Trump’s social media company failed … Read more

Exclusive: Deal partner for Trump’s Truth Social fails to get backing for SPAC extension

Exclusive: Deal partner for Trump’s Truth Social fails to get backing for SPAC extension

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 5 (Reuters) – The blank-check acquisition firm that agreed to merge with Donald … Read more

Dollar higher on risk aversion; euro revisits parity

Dollar higher on risk aversion; euro revisits parity

Euro under pressure as Russia to halt gas supplies Yuan dips to nearly 2-year low as PBOC eases policy again NEW YORK, Aug 22 (Reuters) – The U.S. dollar rose across the board on Monday, briefly driving the euro back below parity, as investors shied away from riskier assets amid growing fears that interest-rate hikes … Read more

Exclusive: Wall Street revives Russian bond trading after U.S. go-ahead

Exclusive: Wall Street revives Russian bond trading after U.S. go-ahead

NEW YORK, Aug 15 (Reuters) – Several major Wall Street banks have begun offering to facilitate trades in Russian debt in recent days, according to bank documents seen by Reuters, giving investors another chance to dispose of assets widely seen in the West as toxic. Most U.S. and European banks had pulled back from the … Read more

U.S. Treasury gives green light to Russian default insurance payouts

U.S. Treasury gives green light to Russian default insurance payouts

The United States Department of the Treasury is seen in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, July 22 (Reuters) – The U.S. Treasury issued a special waiver on Friday to allow investors with insurance against a Russian default, known as Credit Default … Read more

Ben & Jerry’s sues parent Unilever to block sale of Israeli business

Ben & Jerry’s sues parent Unilever to block sale of Israeli business

NEW YORK, July 5 (Reuters) – Ben & Jerry’s on Tuesday sued its parent Unilever Plc (ULVR.L) to block the sale of its Israeli business to a local licensee, saying it was inconsistent with its values to sell its ice cream in the occupied West Bank. The complaint filed in the U.S. District Court in … Read more

Box Office: ‘Top Gun: Maverick’ Debuts to Stratospheric $124 Million

Box Office: ‘Top Gun: Maverick’ Debuts to Stratospheric 4 Million

LOS ANGELES, May 29 (Variety.com) – Tom Cruise may have pulled off one of the most daring stunts of his career — getting audiences to go to the movies for something that doesn’t involve superheroes. “Top Gun: Maverick” pulled in blockbuster ticket sales in its opening weekend, collecting $134 million from a record 4,732 North … Read more

Wall Street rallies to higher close boosted by banks, big tech

Wall Street rallies to higher close boosted by banks, big tech

NEW YORK, May 23 (Reuters) – U.S. stocks ended higher on Monday as gains from banks and a rebound in megacap market leaders supported a broad-based rally following Wall Street’s longest streak of weekly declines since the dotcom bust more than 20 years ago. All three major U.S. stock indexes posted solid gains with the … Read more

Stocks rise, U.S. yields slip as markets await Fed rate hike

Stocks rise, U.S. yields slip as markets await Fed rate hike

NEW YORK/MILAN, May 3 (Reuters) – A gauge of global equity markets edged higher on Tuesday while 10-year U.S. Treasury yields slid from the 3% level as investors remained cautious, expecting the Federal Reserve to hike rates by the most in a single day since 2000 to curb inflation. Feeding inflation worries, data showed U.S. … Read more