By David Randall NEW YORK (Reuters) -Former President Donald Trump’s entry on Tuesday into the 2024 presidential race confirmed the world’s “worst kept secret” and created anot[...]
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Economy
Collapse of FTX should serve as reminder of risks of crypto assets, ECB’s De Cos says
MADRID (Reuters) – The collapse of crypto exchange platform FTX should serve as a reminder for clients of the risks crypto assets entail, European Central Bank policymaker Pablo Hernandez de Cos[...]
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NY Fed: Consumer debt rises in third quarter on strong demand, high inflation
(This Nov. 15 story has been corrected to say “third quarter”, not “fourth quarter” in first paragraph) By Michael S. Derby (Reuters) – Americans continued to take on deb[...]
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Finland’s Gasum says tribunal ruled it does not have to pay Gazprom in roubles
(Corrects description of Gasum to “energy provider” from “gas grid operator”) HELSINKI (Reuters) -Finnish energy provider Gasum said on Wednesday an arbitral tribunal had ruled[...]
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Trade in European bond markets held up well in turbulent year – officials
By Dhara Ranasinghe BRUSSELS (Reuters) – High inflation and aggressive central bank rate hikes have created challenging conditions for government bond markets, but the ease of doing trade has he[...]
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Airbnb says single-room listings jump amid cost-of-living crisis
By Abhijith Ganapavaram (Reuters) – Airbnb Inc said on Wednesday it had recorded a “disproportionate” 31% rise in single-room listings on its platform in the third quarter, as more p[...]
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The case for a “soft” Fed landing may finally be taking hold
By Howard Schneider WASHINGTON (Reuters) – Accumulating evidence that prices are slowing, alongside signs of stretched consumer finances and even the recent layoffs in the technology sector, may[...]
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IMF’s Georgieva says Biden-Xi meeting ‘constructive’ signal for trade
By David Lawder NUSA DUA, Indonesia (Reuters) – President Joe Biden’s meeting with Chinese President Xi Jinping was a “very constructive” signal that may ease trade tensions be[...]
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South African retail sales fall 0.6% year on year in September
JOHANNESBURG (Reuters) – South African retail sales fell 0.6% year on year in September after rising by a revised 2.1% in August, Statistics South Africa figures showed on Wednesday. On a month-[...]
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