‘Bitcoin family’ start sponsored around the world tour

A family of five who traded all of their possessions for bitcoin and decided to live solely on it, began their three-year world tour with the mission to educate people about cryptocurrency. Rough cut...

Wall Street falls on rate concerns

Wall Street's main indexes edged lower on Friday following a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at the end of the month. Fred Katayama reports. ...

US Central Bank meeting is approaching

In relation to the upcoming date of the Federal Reserve System's (Fed) Federal Open Market Committee (FOMC) meeting, analysts' speculation continue to grow regarding the interest rate cuts and the time horizon of such...

The Unusual Courtship of China’s ESports Queen

(Bloomberg Opinion) -- Forget medical school and engineering degrees. With a record 8.3 million university graduates this year, Beijing is urging its best and brightest to take up competitive video-gaming. ESports professionals can make...

Australia government promises funds to expand bank watchdog powers: paper

SYDNEY (Reuters) - Australian Treasurer Josh Frydenberg has promised funding for a major expansion of the powers of the country's banking watchdog, including a veto on the appointment of directors, the Australian Financial Review...

‘China’s ready to talk,’ says country’s former ambassador to Iceland

'Trade war serves nobody's interest,' says Se Gu, China's former ambassador to Iceland and former president of China Institute of International Studies, a think-tank affiliated to China's Foreign Ministry. Rough Cut (no reporter narration) ...

Clarida Says Fed Shouldn’t Delay Cuts Until Economy Falters

(Bloomberg) -- Federal Reserve Vice Chairman Richard Clarida said policy makers shouldn’t wait until the economy has obviously stumbled before cutting interest rates in an effort to “keep the economy on an even keel.” “You...

Dollar falls as Fed’s Williams’ remarks stoke rate-cut bets

(Bloomberg) -- Federal Reserve Vice Chairman Richard Clarida said policy makers shouldn’t wait until the economy has obviously stumbled before cutting interest rates in an effort to “keep the economy on an even keel.” “You...
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European shares hit 3-week low as SAP slides

Technology stocks pushed European shares to three-week lows on Thursday after software firm SAP reported poor results. David Pollard reports. Read more at : http://feeds.reuters.com/~r/reuters/USVideoBusiness/~3/OmZ5GpQdKD4/european-shares-hit-3-week-low-as-sap-sl

Madagascar vanilla crop quality suffers as thieves spark violence

By Lovasoa Rabary and Hereward Holland MAROVATO, Madagascar (Reuters) - Rocketing vanilla prices bought Madagascan farmer Berlin Ranary a hot pink sofa, a motorbike - and a double-barreled shotgun to protect his crop. Thieves have stolen...

China launches small reactor project in push for nuclear dominance

SHANGHAI (Reuters) - China has started building its first small modular reactor (SMR) project on the island province of Hainan, the state-owned China National Nuclear Corporation (CNNC) said on Thursday, as part of the...

Technically Speaking: Are Markets Topping?

Technically Speaking For July 17 Summary Big tech is in Congress' regulatory cross hairs. Big cities are outgrowing small cities. The longer-term charts argue that the markets are topping in either the short or long-term. Big...

U.S. government report on housing finance reform is ‘essentially done’: regulator

By Pete Schroeder and Richard Leong NEW YORK/WASHINGTON (Reuters) - The Trump administration's hotly anticipated blueprint for overhauling mortgage guarantors Fannie Mae and Freddie Mac may not be published until September as the U.S. Treasury...

Stocks- Trade Worries Drag Market Lower

Investing.com - You normally don't think much about railroads, but they move goods from Point A to Point B. Late Tuesday, CSX (NASDAQ:CS), which operates in the East and South, loudly noted that economic uncertainty,...

One direction: Brexit-hit pound facing gravity of parity

By Saikat Chatterjee LONDON (Reuters) - Currency traders who were wary of positioning outright for a hard Brexit outcome may finally be throwing in the towel: heavy selling has hit sterling this month and metrics...

Forex – U.S. Dollar Slips After IMF Says Greenback Is Overvalued 

Investing.com - The U.S. dollar dipped slightly on Wednesday but still remained near one-week highs after the International Monetary Fund said the greenback is overvalued. The U.S. dollar index, which measures the greenback’s strength against a...
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As Lagarde quits, race to lead IMF starts

International Monetary Fund chief Christine Lagarde submitted her resignation from the global crisis lender on Tuesday. As she heads for the ECB, the race to succeed her at the IMF has already begun. Francis...

The Perfect Income Portfolio: Take Your 2% Dividends Up To 8%

If this were any “normal” time, we’d be able to buy safe bonds and collect enough income on our nest egg to fund our retirements. Unfortunately, this is the “new normal” where the Fed...

Eni officials approached witness to withdraw statements in Nigeria case – prosecutor

MILAN (Reuters) - Officials from Italian oil group Eni (MI:ENI) sought to convince a witness, a former Eni manager, to withdraw some statements he had made during investigations into a Nigerian corruption case involving...

War risk costs drag on UAE marine fuel sales, benefit Singapore – trade

By Roslan Khasawneh SINGAPORE (Reuters) - Shippers trying to minimize time in the Middle East after oil tanker attacks pushed up insurance costs are scaling back purchases of marine fuels from the United Arab Emirates'...

Worried UK employees call for changes to proposed immigration reform

LONDON (Reuters) - A coalition of British industry groups and education bodies, worried by the prospect of Brexit worsening skills and labor shortages, has called for the next prime minister to relax proposed reforms...

As steep patent cliff looms, Shionogi moves to develop its own U.S. sales staff

By Takashi Umekawa TOKYO (Reuters) - For much of its 141-year history, Japan's Shionogi & Co Ltd (T:4507) has played safe when selling its drugs in the United States and other overseas markets - relying...

Smaller Caps

You're probably well aware of the fact that the world of small caps hasn’t exactly been setting the world on fire compared to the totally hopped-up-on-Fed S&P 500. Here’s the Russell 2000 with a trio of moving...

U.S./EU Financials Lag Big Time: Should Stocks Worry?

Historically it has been a positive to see Financials doing well as the broad market is pushes higher. If financial stocks are lagging, should stock bulls be concerned? This chart compares banks in the U.S. (NYSE:XLF) and Europe...

Forex – U.S. Dollar Rises on Strong Retail Sales 

Investing.com - The U.S. dollar was higher on Tuesday after stronger-than-expected retail sales showed the economy was healthy, even as the Federal Reserve is expected to cut interest rates. Investing.com - The U.S. dollar was...

Pound Sinks to Lowest Since 2017 on Threat of No-Deal Brexit 

(Bloomberg) -- Follow @Brexit, sign up to our Brexit Bulletin, and tell us your Brexit story. The pound fell to the lowest level since 2017 as the market once again reckoned with no-deal risk after the contenders...

Argentina ranchers kill the fatted cow amid cash crunch, turn to China

By Maximilian Heath BUENOS AIRES (Reuters) - Argentina's world-famous ranchers are culling their breeding cows at the highest rate in 30 years and tapping Chinese demand for meat in order to help pay their bills...

Exclusive: UAE plans oil trade overhaul to boost Middle Eastern clout

By Rania El Gamal, Dmitry Zhdannikov and Julia Payne DUBAI/LONDON (Reuters) - The United Arab Emirates' state-run ADNOC, long seen as one of the most conservative oil firms in the Middle East, plans an overhaul...

Advanced Micro Devices, Inc. is about to revolutionize computer games

Advanced Micro Devices, Inc. (NASDAQ-AMD) has attracted private investors and multinational investment corporations thanks to a significant rise in its share price on the public stock market. The NASDAQ-AMD shares showed growth of 79.90%...

A rising chorus against Facebook’s new currency

Facebook will be defending its new cryptocurrency Libra before Congress as more voices join the chorus of opposition. Jane Lanhee Lee reports. Read more at : http://feeds.reuters.com/~r/reuters/USVideoBusiness/~3/drUtm_y_h3U/a-rising-chorus-against-facebooks-new-cu

Guggenheim defeats lawsuit claiming it siphoned annuity unit’s cash for LA Dodgers

(Reuters) - Guggenheim Partners won the dismissal of a lawsuit claiming it defrauded investors in a risky annuity, and siphoned cash for purposes including to help its billionaire chief executive Mark Walter buy the...

State AGs fighting T-Mobile, Sprint merger say October trial may not be possible

WASHINGTON (Reuters) - An attorney for the state attorneys general who filed a lawsuit in hopes of stopping T-Mobile's $26 billion merger with Sprint told the judge on Monday that an Oct. 7 trial...

Forex – U.S. Dollar Rises as Empire State Data Jump

Investing.com - The U.S. dollar rose on Monday, as manufacturing activity in New York posted its biggest increase in more than two years. The U.S. dollar index, which measures the greenback’s strength against a basket of...

Top Forecaster Says World’s Best Currency Rally Is Heading for a Crash

(Bloomberg) -- The analyst who most accurately predicted the ruble’s rally in the second quarter is now its most pessimistic forecaster. The Bank of Russia’s switch to monetary easing is the reason Jaroslaw Kosaty, a...

Malaysia to file WTO complaint on EU’s palm oil curb by November

KUALA LUMPUR (Reuters) - Malaysia will file a complaint to the World Trade Organization (WTO) by November to challenge a European Union move to phase out palm oil from being used in transport fuels...

Oil prices edge down ahead of expected weak China data

By Florence Tan SINGAPORE (Reuters) - Oil prices slipped on Monday after China posted its slowest quarterly economic growth in at least 27 years, reinforcing concerns about demand in the world's largest crude oil importer. Brent...

Sector ETF Week In Review: Bulls Take Control

Summary More aggressive sectors are taking the lead in the one-week and one-month time frame. The economic fundamentals aren't supporting this view. If you want to follow the aggressive sector rally, make sure you've...

Eyeing post-Brexit trade deals, Britain looks to train school-leavers as future negotiators

By Kylie MacLellan LONDON (Reuters) - As Britain prepares to carry out its own trade negotiations for the first time in decades, the government has launched a scheme to recruit and train school-leavers as future...

Exclusive: U.S. firms may get nod to restart Huawei sales in 2-4 weeks –...

By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) - The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in...

Pharma firm Gilead to raise Galapagos stake in $5.1 billion deal

(Reuters) - Gilead Sciences Inc (O:GILD) will invest $5.1 billion to raise its stake inGalapagos NV (AS:GLPG) and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the companies said...

Malaysia seizes $240 million from Chinese state firm’s bank account: paper

KUALA LUMPUR (Reuters) - Malaysia has seized more than 1 billion ringgit ($243.25 million) from a bank account of state-owned China Petroleum Pipeline Engineering Ltd (CPP), the Straits Times newspaper said on Saturday. The seizure...

Bond Traders Locked In for July Seek Answers About Rest of 2019

(Bloomberg) -- Bond traders appear certain that the Federal Reserve is on the brink of its first rate cut since 2008. The biggest question, as the market girds for a barrage of speeches by...

Exclusive: Department store Barneys New York Inc explores bankruptcy – sources

By Jessica DiNapoli and Mike Spector NEW YORK (Reuters) - U.S. luxury department store operator Barneys New York Inc is exploring options that include a bankruptcy filing, as it struggles with high rents and changing...

Trump declines to set U.S. uranium production quotas

By Valerie Volcovici and Timothy Gardner WASHINGTON (Reuters) - President Donald Trump declined to issue quotas for domestic uranium production late on Friday and instead ordered a 90-day governmental review, a decision praised by U.S....
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Hong Kong protesters, police clash as demonstrations target Chinese traders

Hong Kong protesters clashed with police on Saturday in a town near the boundary with mainland China where thousands rallied against the presence of Chinese traders. Pascale Davies reports. Read more...

Poland’s opposition promises to cut out coal in top election pledge

WARSAW (Reuters) - Poland's biggest opposition group, the European Coalition, plans to eliminate coal from power production by 2040, its leader said on Saturday as he unveiled pledges ahead of an autumn election to...

New Orleans residents huddle at home, and in bars, ahead of hurricane

By Collin Eaton and Brian Thevenot NEW ORLEANS (Reuters) - Hurricane Barry was churning off Louisiana on Saturday, poised to make landfall as the first Atlantic hurricane of 2019 in a westward shift that appeared...

Gibraltar police release all crew members of detained Iranian tanker

LONDON (Reuters) - Gibraltar police said on Friday that all four crew members of the Iranian Grace 1 tanker have been released on bail without charge after it was detained last week on suspicion...

Lockheed Martin plans to expand Milwaukee plant workforce by 15%

(Reuters) - Defense contractor Lockheed Martin Corp (N:LMT) said on Friday it plans to increase the workforce at its approximately 300-person Milwaukee facility by more than 15% this year. The announcement in a company tweet https:// came...
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US regulators ok $5 billion Facebook settlement

The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook this week over its investigation into the social media company’s handling of user data, a source familiar with the situation said...

Stocks – S&P Closes Above 3,000 as Wall Street’s Rally on Rate Hopes Continues

Investing.com – The very merry July stock market rally bubbled along Friday with the major averages all setting new highs and the S&P 500 closing above 3,000 for the first time. The S&P 500 closed up 0.46%...

Wall Street week ahead

Banks like Citigroup and JPMorgan kick off earnings season next week. Fred Katayama previews the week ahead. Read more at : http://feeds.reuters.com/~r/reuters/USVideoBusiness/~3/npYcVxi2Mro/wall-street-week-ahead

Lira Slumps as Traders Brace for U.S. Response to S-400 Delivery

(Bloomberg) -- The Turkish lira extended its decline as investors braced for the fallout from the nation’s purchase of a Russian missile-defense system, a transaction U.S officials have long threatened to respond to with...

Forex – U.S. Dollar Remains Subdued After PPI Data

Investing.com - The U.S. dollar was flat on Friday as a slight uptick in core inflation failed to deter expectations that the Federal Reserve will cut rates at the end of July. The U.S. dollar index,...

The single European currency strengthened against the USD

The single European currency (EUR) exchange rate has risen on the foreign exchange market, especially against the US dollar (USD). According to economic rapporteurs, this change came after the Federal Reserve System (Fed) chief...

3 Dividends Of Up To 15.9% – Delivered Monthly

What’s better than a portfolio that will pay you a $117,000 salary every year in retirement? How about one that delivers a consistent paycheck each and every month that you can plan all of your regular expenses...

Thomas Cook eyes Chinese rescue for tour unit

British holiday firm Thomas Cook is in talks over a bailout for its ailing tour business by China's Fosun Tourism. Julian Satterthwaite reports. Read more at : http://feeds.reuters.com/~r/reuters/USVideoBusiness/~3/utHnhZbseII/thomas-cook-eyes-chinese-rescue-for-tour

IEA sees oil market oversupplied in 2019 on U.S. production

LONDON (Reuters) - Surging U.S. oil output will outpace sluggish global demand and lead to a large stocks build around the world in the next nine months, the International Energy Agency (IEA) said on...

Oil prices rise amid Gulf of Mexico storm, Middle East tensions

By Bozorgmehr Sharafedin LONDON (Reuters) - Oil prices hovered near six-week highs on Friday and was on track for a weekly gain as U.S. oil producers in the Gulf of Mexico cut more than half...

Boeing 737 program manager to retire amid crisis over jet’s grounding: memo

By Eric M. Johnson and Tim Hepher SEATTLE/PARIS (Reuters) - Boeing Co (N:BA) has reassigned the head of its next airplane project to run the troubled 737 program, according to a memo seen by Reuters on Thursday,...

June imports fall at top U.S. hub for China ocean trade

LOS ANGELES (Reuters) - The Los Angeles and Long Beach port complex, the nation's busiest and the No. 1 for ocean trade with China, - handled 5.1%fewer inbound containers of cargo in June, as...

Goldman Joins Wall Street Chorus Warning About Possible U.S. FX Intervention

(Bloomberg) -- The buzz around possible U.S. currency intervention is growing louder as Goldman Sachs Group Inc (NYSE:GS). has now weighed in on an idea that’s been making the rounds on Wall Street. President Donald Trump’s repeated...

Sub-Zero Bond Yields Push Investors From Safety Zones

(Bloomberg) -- Europe’s ever growing pile of negative-yielding sovereign debt is pushing investors to venture beyond their safety zones in search of returns. Pacific Investment Management Co. favors emerging markets with relatively low valuations and...

Financial Fault Lines

have a couple of technical study sets called Max Sensitivity and Min Sensitivity. As you might guess, the “max” one tends to be very volatile. I was curious, however, since my belief is that...
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Amazon’s Alexa teams up with Britain’s NHS to offer health advice

Britain's National Health Service has a new ally: Amazon's Alexa voice assistant is now working with the public healthcare provider to offer medical advice. Julian Satterthwaite reports. Read more at :...

U.S. oil hits highest in over a month amid Gulf of Mexico storm, Iran...

By Aaron Sheldrick TOKYO (Reuters) - Oil futures hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker...

Iran Tries to Seize British Tanker in Persian Gulf, CNN Says

(Bloomberg) -- Iranian Islamic Revolutionary Guard Corps boats attempted to seize a British oil tanker in the Persian Gulf, CNN reported, amid heightened tensions in the region. Iran denied the report. The British Heritage was...

Technically Speaking: Fed Signaled More Dovish Stance

Summary The Fed signaled it's going to cut rates. Greece is still an economic mess. While the Fed signaled a more dovish stance, the markets didn't perform in the most bullish manner. Fed Chair Powell has...

Ryanair says Boeing eyes MAX flights by October, cites 2020 growth risk

By Tim Hepher BRUSSELS (Reuters) - The boss of Europe's Ryanair Holdings (I:RYA) warned on Wednesday the impact of the prolonged grounding of Boeing Co's (N:BA) 737 MAX on the airline's growth plans may start...

Post-Brexit tech brain drain worries half of businesses: survey

LONDON (Reuters) - Just over half of Britain's businesses believe the country is at risk of a brain drain after Brexit, with many worried in particular about a shortage of tech skills, according to...

Investing In European Equities

Just days after U.S. President Trump announced a ceasefire and resumption of trade negotiations with China, the U.S. Trade Representative proposed new tariffs on 89 European Union (EU) goods worth $4 billion. These levies...

Good Chance BOJ to Extend Rate Pledge in July, Ex-Official Says

(Bloomberg) -- The Bank of Japan needs to extend its pledge to keep extremely low rates and there’s a good chance it will tweak the time frame as soon as the July meeting, ahead...

Dollar holds onto gains as investors rein in pricing for big rate cuts

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar retreated on Wednesday after Federal Reserve Chairman Jerome Powell struck a downbeat tone in congressional testimony, saying trade uncertainties and concerns about the global outlook continued...

Can You Minimize Regret By Analyzing Return Distributions?

In the grand scheme of investing, the behavioral risk is second to none on the list of pitfalls that threaten to derail the best-laid plans for investing. The challenge is especially acute in the...

Aggressive U.S. energy policy tests ties with European allies

By Timothy Gardner and Alissa de Carbonnel WASHINGTON/BRUSSELS (Reuters) - For the administration of President Donald Trump, a policy of "energy dominance" means reducing dependence on imported oil and promoting exports to boost the national...

The US dollar strengthened in the new trading week

At the start of the new trading week, which is the twenty-eighth in 2019 the Foreign Exchange market - Forex market, experienced the heightened investors' interest in the US dollar (USD) whose exchange rate...

Oil rises more than 1% after U.S. stockpile drop; Brent nears $65

By Aaron Sheldrick TOKYO (Reuters) - Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs in the Gulf...

Technically Speaking: Positive Signal From Small-Cap Indexes

Technically Speaking For July 9 Summary Central banks aren't ready for the next recession. The BIS notes the economic weakness across the globe. The smaller-cap indexes have moved sustainably above 200-day EMAs. Are central banks ready...

Democrat overseeing U.S. Census funding would block form reprint for citizenship question

By Makini Brice and Sarah N. Lynch WASHINGTON (Reuters) - A judge in New York on Tuesday denied the U.S. Department of Justice's request to shake up the legal team that was handling cases on...

Bombardier to lay off 550 workers at Thunder Bay, Ontario, plant: BNN Bloomberg

(Reuters) - Canada's Bombardier Inc is laying off half the 1,100 workers at its Thunder Bay, Ontario, railway car plant, BNN Bloomberg reported on Tuesday, citing a federal government source. Two major contracts in Ontario...
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Powell heads to Congress amid pressure to cut rates

As Federal Reserve Chairman Jerome Powell heads to his twice-yearly Congressional update he's facing stiff pressure by the White House and financial markets to cut rates, even though the economy has recently showed signs...

Are Gold Miners About To Cut Loose?

Are gold miners about to cut loose to the upside? A key breakout test is in play, which will go a long way in determining this important question. This chart looks at GDX on a weekly basis...

Forex – U.S. Dollar Nears Three-Week Highs as Fed Rate Cut Hopes Fall

Investing.com - The U.S. dollar rose towards a three-week high on Tuesday as hope dampened that the Federal Reserve will ease monetary policy aggressively, while worry over U.S.-China trade tensions hitting corporate profits contributed...

Markets underestimate risk of sterling Brexit volatility: BlackRock

LONDON (Reuters) - Currency markets are underestimating the chance of big Brexit-related swings in the value of sterling over the next 12 months, BlackRock (NYSE:BLK), the world's biggest asset manager, warned on Tuesday. Risks had...

Oil prices drop as trade tensions stoke economy worries

By Bozorgmehr Sharafedin and Alex Lawler LONDON (Reuters) - Oil rose above $64 a barrel on Tuesday as OPEC supply cuts and Middle East tensions outweighed the U.S.-China trade dispute that is dragging on the...

Oil Prices Steady After Strong U.S. Jobs Report, But Demand Worries Weigh

Investing.com - Oil prices steadied on Monday in Asia. A better-than-expected U.S. jobs report was cited as a tailwind for the markets. U.S. Crude Oil WTI Futures were up 0.2% to $57.61. International Brent Oil Futureswere near flat...

U.S. judge halts rule requiring drug prices in TV ads

By Tina Bellon and Nate Raymond (Reuters) - A federal judge on Monday dealt a blow to the Trump administration by striking down a new rule that would have forced pharmaceutical companies to include the...

U.S. market regulator issues guidance on custody of digital asset securities

By Katanga Johnson WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Monday issued a notice on broker-dealer custody of digital asset securities, amid industry requests for clarity on whether they can hold...

Not All Health Care Stocks Are Created Equal, So Play It This Way

Monday's health-care stocks traded lower. Politicians on both sides of the isle have been very critical of drug prices and health-care costs. You can easily see and expect more political criticism of the health-care...
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Wall Street drops as Apple slumps

U.S. stocks fell Monday as Apple shares dropped following a broker downgrade. As Fred Katayama reports, investors also weighed chances of an aggressive interest rate cut by the Federal Reserve later this month. ...

Euro Area Welcomes New Greek Government With a Budget Warning

(Bloomberg) -- Euro-area officials said they looked forward to working with the new Greek government but warned the incoming administration that it needs to stick to post-bailout commitments. Finance ministers from the currency bloc discussed...

Bitcoin Flirts With $12,000 After Sudden Jolt Higher

Investing.com -- Bitcoin continued to flirt with the $12,000 mark following a sudden intraday surge on Monday. Bitcoin rose 3.31% to $11,814 to remain near session highs of $11,911. Bitcoin’s charge toward $12,000 arrived on the back...

U.S. And Foreign Real Estate Shares Topped Market Returns Last Week

Property shares in the US and offshore markets posted the biggest gains for the major asset classes in the first week of trading for the third quarter, based on a set of exchange-traded funds. US...

Oil extends gains, supported by surprise U.S. jobs report

By Ahmad Ghaddar and Bozorgmehr Sharafedin LONDON (Reuters) - Oil prices rose on Monday, boosted by escalating tensions around Iran's nuclear program and better-than-expected U.S. jobs data. Brent crude futures were up 34 cents by 0908 GMT...

China’s Gold Hoard Swells

(Bloomberg) -- Central banks are going after gold in 2019, boosting holdings as economic growth slows, trade and geopolitical tensions rise, and some authorities seek to diversify their reserves away from the dollar. The People’s Bank of...
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Deutsche Bank axes 18,000 jobs in restructuring

Deutsche Bank shares were up 4.8 percent in early trade on Monday, as the troubled German lender began one of the biggest overhauls to an investment bank since the aftermath of the financial crisis....

Sector ETF Week In Review: Defensive Sectors Show Strength

Sector ETF Week In Review For July 1-5 Summary The performance was split between defensive and aggressive sectors on the weekly chart. Performance is more mixed during the last month and the past three months. ...

WeWork looking to raise $3 billion-$4 billion in debt ahead of IPO: source

By Joshua Franklin (Reuters) - Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a person familiar with the matter said on Sunday,...

Exclusive: Greensill issued false statement on bonds sold by metals tycoon Gupta

By Tom Bergin (Reuters) - Financing group Greensill Capital, which is backed by Japan’s SoftBank Group and General Atlantic of the U.S., last year provided a false statement to market participants relating to bonds it...

UK’s Labour discusses timing of no confidence vote with Conservative lawmakers

By Kylie MacLellan LONDON (Reuters) - British lawmakers from both the ruling Conservatives and opposition Labour on Sunday said they were looking at ways to prevent the country's next prime minister pursuing a no-deal Brexit...