By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Good is bad again – or vice versa – as markets worry upbeat U.S. retail sales[...]
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Economy
Elon Musk says he will find a new leader for Twitter
By Hyunjoo Jin and Tom Hals (Reuters) -Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to c[...]
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Twitter’s ex-CEO Jack Dorsey says will not retake role
(Reuters) – Former Chief Executive Officer of Twitter Jack Dorsey said on Wednesday that he will not accept the position of CEO of Twitter. When asked by a Twitter user if he would accept the po[...]
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Rise and fall of crypto exchange FTX
(Reuters) – Crypto exchange FTX filed for Chapter 11 bankruptcy protection in the United States on Friday following its spectacular collapse that has sent shivers through the industry. The U.S.[...]
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Japan trade gap persists as weak yen squeezes purchasing power
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s imports in October surged by more than half from a year earlier, dwarfing growth in exports and enlarging a trade deficit that has weighed he[...]
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Renault considers transferring over half of Nissan stake to match holdings – Nikkei
TOKYO (Reuters) -Renault SA may transfer more than half its stake in Nissan Motor to a trust to match the Japanese car maker’s holdings in itself, the Nikkei newspaper reported on Thursday. Rena[...]
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Australia jobs beat forecasts, boosting case for more rate hikes
By Wayne Cole SYDNEY (Reuters) -Australia’s jobless rate matched five-decade lows in October as employment climbed by double market forecasts, a sign it will take further increases in interest r[...]
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Global stocks slip, dollar steady as retail sales tip Fed outlook
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global stocks slid from two-month highs and the safe-haven dollar steadied on Wednesday after stronger-than-expected U.S. retail sales clou[...]
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Analysis-Political gridlock may help U.S. stocks but inflation still in driver’s seat
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Split control of the U.S. Congress following the midterm elections may provide a tailwind for stocks at the end of a bruising year, but inflation and th[...]
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