By Elena Fabrichnaya, Vladimir Soldatkin and Alexander Marrow MOSCOW (Reuters) -Russia’s central bank issued its strongest signal yet that it may hike interest rates this year, saying that likel[...]
Read more
Europe
Factbox-UBS, government agree on Credit Suisse loss guarantees – key points
(Reuters) – UBS and the Swiss government agreed on Friday on how they will share losses linked to the bank’s emergency takeover of Credit Suisse, clearing the way for the deal to close in[...]
Read more
Whoosh! Global equity funds see biggest weekly outflows in 12 weeks
(Reuters) – Global equity funds posted outflows for the eighth consecutive week in the seven days leading up to June 7, as concerns over stubbornly high inflation and sluggish economic growth pr[...]
Read more
Marketmind: Wall St ‘bull’, China deflation
A look at the day ahead in U.S. and global markets from Mike Dolan As S&P500 stocks clock their highest close of the year, marking a technical 20% ‘bull market’ from October’s lo[...]
Read more
Analysis-Inside OPEC+, Saudi ‘lollipop’ oil cut was a surprise too
By Dmitry Zhdannikov, Ahmad Ghaddar and Alex Lawler LONDON (Reuters) – Saudi Arabia kept under wraps its plan to make a deep cut to its own oil output during a weekend of OPEC+ talks in Vienna,[...]
Read more
Swiss government says it has reached agreement with UBS on loss guarantees
ZURICH (Reuters) – The Swiss government has signed an agreement with UBS to cover up to 9 billion Swiss francs ($10.01 billion) in losses from its emergency takeover of Credit Suisse, the financ[...]
Read more
AstraZeneca signs $2 billion agreement with Quell to develop cell therapies
(Reuters) – AstraZeneca said on Friday it had signed an agreement with Quell Therapeutics potentially worth more than $2 billion to develop cell therapies that could cure autoimmune diseases. Th[...]
Read more
Odey Asset Management tells investors ‘confident’ banks will continue to work with fund – letter
By Nell Mackenzie LONDON (Reuters) – Odey Asset Management “does not recognise the picture of the firm that has been painted” by allegations of sexual misconduct by Crispin Odey publ[...]
Read more
Instagram, YouTube, TikTok, Twitter target of EU crypto advertising complaint
By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms’ Instagram, Alphabet’s YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to t[...]
Read more