Dollar slips lower, but still on course for weekly gain
Investing.com – The U.S. dollar traded with small losses Friday, but remained on course for weekly gains as traders reassessed…
Analysis-For markets, jury still out on French belt-tightening plan
By Yoruk Bahceli (Reuters) – Markets are tentatively optimistic France’s budget may eventually pass through its fractured parliament, but remain…
Wells Fargo profit beats forecasts as provisions shrink, shares rise
By Noor Zainab Hussain, Manya Saini and Saeed Azhar (Reuters) – Wells Fargo’s profit beat analysts’ expectations in the third…
EV firm Polestar expects positive fourth-quarter gross margin despite slow demand
(Reuters) -Polestar said on Friday that it expected to achieve a positive gross profit margin in the fourth quarter despite…
Fed will either pause or cut by 25 bps in November: AlpineMacro
Investing.com — Alpine Macro analysts said in a note Friday that the Federal Reserve will either pause or implement a…
Canadian firms see sluggish conditions, hope rate cuts will boost demand
By Promit Mukherjee and David Ljunggren OTTAWA, Oct 11 (Reuters) – Canadian firms are still seeing weak demand and slow…
Factbox-Airlines suspend flights as Middle East tensions rise
(Reuters) -Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region…
Exclusive-Japan’s Mitsui prepares a comeback to precious metals trading, sources say
By Polina Devitt LONDON (Reuters) – Japan’s Mitsui & Co plans to re-enter global precious metals trading to hedge client…
US Treasury calls for new IMF, World Bank steps to ease liquidity strains
By David Lawder WASHINGTON (Reuters) -The U.S. Treasury’s top economic diplomat on Friday called on the International Monetary Fund and…
Exclusive-Germany working to thwart UniCredit’s bid for Commerzbank, sources say
By John O’Donnell and Francesco Canepa LONDON/FRANKFURT (Reuters) -Germany is working to frustrate a possible takeover of one of its…