(Reuters) – Spotify will introduce a new expensive plan for its most ardent users later this year, Bloomberg News reported on Tuesday, citing a person familiar with the plan. The audio-streaming[...]
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June 11, 2024
Shrinking Fed rate cut expectations to keep US Treasury yields elevated: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – U.S. Treasury yields will plateau over the coming three months and then only fall modestly by year-end amid receding expectations of Federal Reserve inte[...]
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Alaska Airlines loses appeal in $160 million UK trademark dispute with Virgin Aviation
LONDON (Reuters) – Alaska Airlines on Tuesday lost an appeal in an approximately $160 million trademark case with Virgin Group, after a London court last year ruled Virgin was entitled to royalt[...]
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IAG offers remedies to EU over Air Europa deal
By Foo Yun Chee BRUSSELS (Reuters) – British Airways owner IAG has again offered remedies to the European Commission aimed at securing EU approval of its takeover of Spain’s Air Europa.[...]
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UBS and Credit Suisse’s Swiss units could merge by July 1, executive says
ZURICH (Reuters) -The merger of the Swiss units of UBS and Credit Suisse could be completed as early as July 1, a senior executive at UBS was quoted as saying on Tuesday. UBS, which acquired former ri[...]
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Analysis-Vietnam eyes greener power but banks on coal to avert blackouts
By Francesco Guarascio and Khanh Vu HANOI/HOA BINH, Vietnam (Reuters) -Lights are off and air conditioning is down at the headquarters of Vietnam’s state-run electricity provider EVN as the coun[...]
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Some Nordic retail brokers allow clients to vote at Tesla AGM
By Louise Rasmussen COPENHAGEN (Reuters) – Some Nordic retail brokerages are allowing clients to vote at Tesla’s annual general meeting (AGM) this week, departing from their regular practi[...]
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Long-dated Treasury holdings downsized as Fed faces tough inflation choices
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Bond investors, worried about persistently sticky inflation, have reduced their exposure to longer-dated U.S. Treasuries ahead of the Federal Reserve[...]
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Trio of court cases in Thailand ramp up uncertainty, put markets on edge
By Orathai Sriring and Panu Wongcha-um BANGKOK (Reuters) – Three court cases in Thailand, including one that has ensnared the prime minister, have heightened political uncertainty in Southeast A[...]
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