Hedge funds buy luxury, short drink and driving in Europe, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Hedge funds have turned optimistic about European companies that sell things people want but...
Read more
Economy
US weekly jobless claims increase marginally
WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting that solid...
Read more
Freeport-McMoRan beats fourth-quarter profit estimates
(Reuters) -Miner Freeport-McMoRan (NYSE:FCX) beat fourth-quarter profit estimates on Thursday, helped by higher copper prices. Average copper prices rose in...
Read more
Mexico annual inflation hits lowest level in nearly four years
(Reuters) – Mexico’s annual inflation rate slowed to its lowest level in almost four years in the first half of...
Read more
EU Commission investigates depth of EU safety net for stablecoin holders
By Valentina Za MILAN (Reuters) – The European Commission is investigating the extent to which EU rules on crypto assets...
Read more
ECB seen slowing projected pace of interest rate cuts from Q3 – Deutsche Bank
Investing.com – The European Central Bank may begin to slow the pace of anticipated interest rate cuts this year in the...
Read more
Indonesia plans spending cuts worth $18.84 billion, finance ministry says
JAKARTA (Reuters) – Indonesia’s President Prabowo Subianto has instructed his government to cut spending by 306.7 trillion rupiah ($18.8 billion)...
Read more
UK gilts yields rise; Reeves pledges to new fiscal measures
Investing.com – The yields on UK government bonds rose Thursday after Chancellor Rachel Reeves said she was prepared to announce...
Read more
