Euro outlook deteriorates on high oil prices Don’t rule out a move to parity, analysts say Euro shed 3% in Q3, on track for 3rd year of losses LONDON, Oct 4 (Reuters) – Resurgent oil prices hurting a deteriorating economy and renewed concerns about Italy’s fiscal position mean headwinds for …
Read More »‘Election fear’ stalks Argentina’s markets as volatile vote nears
[1/4]Demonstrators camp outside Argentina’s presidential palace as unemployed and informal workers protest to demand more subsidies from the national government, in Buenos Aires, April 19, 2023. REUTERS/Mariana Nedelcu/File Photo Acquire Licensing Rights BUENOS AIRES, Oct 3 (Reuters) – Argentina’s markets have a new cause for the wobbles – a presidential …
Read More »The crypto market bears the scars of FTX’s collapse
Oct 3 (Reuters) – The global cryptocurrency market remains badly scarred following the tumultuous collapse of crypto exchange FTX and other big players last year, with crypto prices, volumes and venture capital investment well below their 2021 peaks. Sam Bankman-Fried, the former CEO of FTX, stands trial in New York …
Read More »France reluctant to delay Brexit tariffs on UK-EU electric cars – sources
Puzzle with printed EU and UK flags is seen in this illustration taken November 13, 2019. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights PARIS, Oct 2 (Reuters) – France is reluctant to delay post-Brexit tariffs that are set to hit electric vehicles traded between Britain and the European Union, French government …
Read More »Morning Bid: October market fillip as government stays open
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets by Mike Dolan A six-week reprieve for U.S. government funding that keeps public …
Read More »China’s Chery takes aim at Europe with SUVs from three car brands
A car logo of Chinese automobile manufacturer Chery seen at a dealership in Vladivostok, Russia, March 22, 2023. REUTERS/Tatiana Meel/File Photo Acquire Licensing Rights LONDON, Oct 2 (Reuters) – Chinese automaker Chery Automobile (CHERY.UL) will launch SUV models from three car brands in Europe over the next two years and …
Read More »Japan puts the brakes on lucrative used-car trade with Russia
TOKYO, Oct 2 (Reuters) – Japan’s move to bar most used-car sales to Russia slammed the brakes on a trade nearing $2 billion annually that had boomed in the shadow of sanctions over Ukraine elsewhere, according to trade data and market participants. In early August, Japan’s government banned exports of …
Read More »Saudi Arabia to tap international debt markets as deficits return
A view shows vehicles driving on a street in Riyadh, Saudi Arabia February 16, 2021. REUTERS/Ahmed Yosri/File Photo Acquire Licensing Rights RIYADH, Oct 1 (Reuters) – Saudi Arabia is expected to tap the international debt markets to finance a projected budget deficit in 2023-2024, the finance ministry said, against a …
Read More »Tent-dwelling migrants join protest over Portugal’s housing prices
[1/6]People protest against increasing rents and house prices, in Lisbon, Portugal, September 30, 2023. REUTERS/Miguel Pereira Acquire Licensing Rights LISBON, Sept 30 (Reuters) – Marcia Leandro moved to Portugal from Brazil six months ago with a goal: to train as a chef. But Portugal’s housing crisis curbed her dreams and …
Read More »Trudeau says ‘denialism’ rising as nation marks holiday for indigenous reconcilation
Canadian Prime Minister Justin Trudeau holds a press conference on the sidelines of the UNGA in New York, U.S., September 21, 2023 as tensions escalate following Canada’s announcement that it was “actively pursuing credible allegations” linking Indian government agents to the murder of a Sikh separatist leader in June…. Acquire …
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