Citi forecasts further US dollar decline amid global slowdown
Citi expressed a perspective that anticipates a further weakening of the US dollar in the near term, despite maintaining a…
UK fund firms Schroders, Abrdn name new CEOs to reboot ailing fortunes
By Sinead Cruise LONDON (Reuters) -British fund managers Schroders (LON:SDR) and Abrdn named new chief executives on Tuesday, handing two…
Bank of Canada says trade disruptions could hinder inflation fight
By Promit Mukherjee and David Ljunggren OTTAWA, Sept 10 (Reuters) – Global trade disruptions could make it harder for the…
Wall Street worries Harris tax plan would hurt US corporate profits
By Carolina Mandl and Tatiana Bautzer NEW YORK (Reuters) -Wall Street is anticipating a hit to corporate earnings and the…
UPS to buy Germany-based healthcare logistics firm Frigo-Trans
(Reuters) -UPS said on Tuesday it would acquire Germany-based healthcare logistics firm Frigo-Trans for an undisclosed amount to boost its…
Bank of America expects Selic to end the year at 11.75%
Investing.com – Bank of America has adjusted its projections for Brazil’s basic interest rate and now expects the Selic rate…
US inflation-adjusted income rose in 2023 while poverty rate edged up, Census data shows
(Reuters) – U.S. inflation-adjusted household income increased but a measure of the poverty rate also edged up last year, the…
Citi CFO expects investment banking fees to rise 20% in third quarter
By Tatiana Bautzer and Manya Saini NEW YORK (Reuters) -Citigroup’s investment banking fees are expected to jump 20% in the…
Nippon Steel exec flies to Washington in last attempt to save US Steel deal, FT reports
(Reuters) – Japanese steelmaker Nippon Steel’s vice-chair will meet senior U.S. officials in Washington on Wednesday in an attempt to…
NZ dollar, Japan bonds zap trend hedge fund August returns, bank data shows
By Nell Mackenzie LONDON (Reuters) – Trend-following hedge funds took a hit from their bets on the New Zealand dollar…