SNB to cut rates 25 bps on Dec. 12, to reach zero or close next year
By Indradip Ghosh BENGALURU (Reuters) – The Swiss National Bank will again cut its key policy rate by 25 basis…
Citi suggests ECB may delay rate cuts, sees bullish Bunds
Citibank provided insights on the European Central Bank’s (ECB) potential monetary policy trajectory, suggesting that the risks are tilted towards…
EU countries approve new 4.2 billion euros payment for Ukraine
BRUSSELS (Reuters) – Ukraine will soon get another 4.2 billion euros ($4.4 billion) in funds after the European Union’s member…
Factbox-Brokerages still expect 25-bps US rate cut in December
(Reuters) – Citigroup (NYSE:C) has lowered its expectations for an interest-rate cut at the U.S. Federal Reserve’s December meeting, joining…
Column-FX markets brace for G10 policy blitz: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – An extraordinary year for investors is poised to end with a monetary policy…
Shareholders approve breakup of Bollore’s Vivendi media conglomerate
By Gianluca Lo Nostro, Leo Marchandon and Florence Loeve (Reuters) -Shareholders of French media conglomerate Vivendi (OTC:VIVHY) approved on Monday…
US consumers expect higher inflation and better economy, New York Fed says
By Michael S. Derby (Reuters) – U.S. consumers were bracing last month for higher levels of inflation in coming years…
‘Bond vigilante’ PIMCO trims long-term US sovereign debt holdings
By Davide Barbuscia NEW YORK (Reuters) – PIMCO said on Monday it plans to diversify its government bond exposure by…
US judge weighs fate of the Onion’s buyout of Infowars
By Dietrich Knauth (Reuters) – Conspiracy theorist Alex Jones is set to urge a U.S. bankruptcy judge to block the…
SAP cuts 1 in 7 jobs in Germany – report
German software giant SAP is currently undergoing a significant workforce reduction, with approximately 3,500 of its 25,000 employees in Germany…