Dollar’s demise appears overstated – JPMorgan
Investing.com – The US dollar has had a difficult summer, dropping substantially during the month of August, but JPMorgan thinks…
Bank of America sees more downside for the dollar
Investing,com – The US dollar has stabilized after a sharp fall in August, but Bank of America Securities sees more…
Major Russian lenders say yuan coffers empty, urge central bank action
By Elena Fabrichnaya MOSCOW (Reuters) – Major Russian banks have called on the central bank to take action to counter…
Swiss Franc’s strength may prompt SNB to ease monetary policy
Swiss National Bank (SNB) might engage in a prolonged monetary easing cycle due to the unexpected slowdown in Switzerland’s inflation…
Factbox-Which Volkswagen factories in Germany could be hit by layoffs or closed?
(Reuters) -Volkswagen said it plans to end its job security programme – which has been in place since 1994 and…
After negotiating Brexit, Michel Barnier tasked with propping up Macron
By Gabriel Stargardter PARIS (Reuters) – After making his name negotiating Brexit, one of the messiest muddles Brussels has faced…
Factbox-Michel Barnier’s first challenges as France’s new PM
PARIS (Reuters) – French conservative Michel Barnier, named prime minister by President Emmanuel Macron on Thursday, faces an overflowing in-tray…
US bank profits jump 11% in Q2 2024 as expenses shrink, FDIC says
WASHINGTON (Reuters) – The U.S. banking industry recorded $71.5 billion in profits in the second quarter of 2024, an 11.4%…
Ghana launches restructuring offer for $13 billion of its bonds
By Maxwell Akalaare Adombila ACCRA (Reuters) – Ghana invited holders of roughly $13 billion of its international bonds to swap…
Cable news channel Newsmax confidentially files for US IPO
(Reuters) -Conservative U.S. cable news channel Newsmax said on Thursday it had confidentially filed for an initial public offering in…