Stocks slip, investors cautious ahead of U.S. jobs data

Stocks slip, investors cautious ahead of U.S. jobs data

LONDON, Aug 5 (Reuters) – European equities slipped on Friday and were little changed on the week as traders waited for U.S. jobs data to give clues as to the health of the world’s largest economy. The MSCI world equity index, which tracks shares in 47 countries, was up 0.1% and set for weekly rise … Read more

Facebook parent Meta makes first-ever bond offering

Facebook parent Meta makes first-ever bond offering

The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. REUTERS/Arnd Wiegmann//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 4 (Reuters) – Facebook-parent Meta Platforms (META.O) said on Thursday it would make its first-ever bond offering, at a time when the social media … Read more

UK leadership favourite Liz Truss U-turns on pay plan in first big misstep

UK leadership favourite Liz Truss U-turns on pay plan in first big misstep

Conservatives’ Truss climbs down on key pledge Opponents say policy would have hit nurses, police officers Polls show conflicting picture on extent of Truss’s lead Daily Mail newspaper gives Truss its backing LONDON, Aug 2 (Reuters) – British foreign minister Liz Truss, the front-runner to replace Boris Johnson as prime minister, was forced to backtrack … Read more

Morning Bid: In pursuit of Pelosi’s plane

Morning Bid: In pursuit of Pelosi’s plane

A man reads the Global Times newspaper that features a front page article about U.S. House of Representatives Speaker Nancy Pelosi’s Asia tour at a street display wall in Beijing, China, August 1, 2022. The front page headline reads: “Pelosi visits Asia in the smell of gunpowder.” REUTERS/Thomas Peter Register now for FREE unlimited access … Read more

Asian stocks slide with U.S. yields on Pelosi jitters; Aussie drops

Asian stocks slide with U.S. yields on Pelosi jitters; Aussie drops

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 14, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register TOKYO, Aug 2 (Reuters) – Asia stocks … Read more

JetBlue, Spirit near takeover deal that could come on Thursday-source

JetBlue, Spirit near takeover deal that could come on Thursday-source

July 28 (Reuters) – JetBlue Airways Corp (JBLU.O) is nearing a deal to buy Spirit Airlines (SAVE.N) that could be announced as soon as Thursday, a source familiar with the matter said, after Spirit canceled its $2.7 billion sale to Frontier Group Holdings (ULCC.O). The latest developments mark a victory for JetBlue in its months-long … Read more

Google helps jittery stocks ahead of Fed

Asian stocks slide with U.S. yields on Pelosi jitters; Aussie drops

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 14, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register Nasdaq futures up 1.5%, S&P 500 futures … Read more

Asia shares bounce on China property fund as Fed hike looms

Asia shares bounce on China property fund as Fed hike looms

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying various countries’ stock indexes including Russian Trading System (RTS) Index which is empty, outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register Chinese stocks rise on … Read more

China plans real estate fund worth up to $44 billion for distressed sector, source says

China plans real estate fund worth up to  billion for distressed sector, source says

The Evergrande Center of China Evergrande Group is seen amid other buildings in Shanghai, China, September 24, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register Fund size initially to be set at 80 bln yuan -source News comes as regulators scramble to reassure investors Fund alone will not ‘solve all 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