Reuters Financial News

21.08 / 16:53

UPS Target Reuters Subway WSJ Subway nears $9.6 billion sale to Arby's owner Roark - WSJ

(Reuters) — Roark Capital, which owns restaurants Arby's and Buffalo Wild Wings, is nearing a deal to buy sandwich chain Subway for about $9.6 billion, the Wall Street Journal reported on Monday.

21.08 / 16:53

Reuters Iraq oil minister in Turkey to discuss resuming northern oil exports -sources

BAGHDAD (Reuters) — Iraq's oil minister Hayan Abdel-Ghani arrived in the Turkish capital Ankara to discuss several issues including the resumption of oil exports through the Ceyhan oil terminal, a source in the minister's office told Reuters on Monday.

21.08 / 15:49

UPS Lowe's Reuters Waters ICE Explained: Why is the world running to explore 'dark side of the Moon’?

NASA has described this area as ‘full of mystery, science and intrigue’ In these regions of the Moon, temperatures plummet to astonishing lows of -414F (-248C) - because the Moon has no atmosphere to warm up the surface. No human has set foot in this completely unexplored world. Then why is the world running to explore the "the dark side of the Moon"? Scientists and expert have attributed this to -WATER.

21.08 / 15:13

Facebook Reuters Waters Action ICE country Moon Chandrayaan-3 trivia: How tricky is last leg of landing on Moon's South Pole?

Chandrayaan-3 mission's lander module with a rover in its belly is expected to touch down on the surface of the Moon around 6.04 pm on Wednesday, ISRO had said on Sunday. Live actions will be available on the ISRO website, its YouTube channel, Facebook, and public broadcaster DD National TV from 17:27 IST on Aug 23, 2023. The Luna-25 spacecraft crashed into the Moon after it spun into an uncontrolled orbit, Russia's Roscosmos space agency said on August 20.

21.08 / 14:45

Provident Target Reuters Man CEO Solomonic performer Goldman Sachs considers selling part of wealth business

Goldman Sachs is considering selling part of its wealth management division, the RIA unit formerly known as United Capital Financial Partners, in a bid to shift its focus back to the ultra-rich, it said Monday according to a Reuters report.

21.08 / 14:07

Provident FIVE Reuters Enterprise country electronic As Cuba takes leap towards 'cashless' economy, entrepreneurs brace for impact

Cuba in early August announced it was taking a major step towards electronic banking and a «cashless» society, the offices of fledgling small businesses across the communist-run country were left scrambling to figure out how to respond. Most alarming to many budding entrepreneurs was a new 5,000 peso ($20) daily cap on cash withdrawals for businesses, one of several measures the government said were aimed at forcing Cubans to do their transactions electronically, via transfer, online payment and bank cards.

21.08 / 13:55

COST Reuters HSBC show gay Turkish central bank to hike policy to 20%; some expect smaller step - Reuters poll

ISTANBUL (Reuters) — Turkey's central bank is expected to raise its policy rate to 20% this week, a Reuters poll showed on Monday, though some economists expect a smaller increase after hikes in previous months remained below expectations.

21.08 / 12:59

COST UPS Reuters CEO Analysis-Shippers bet on green methanol to cut emissions, supply lags

By Jeslyn Lerh and Jacob Gronholt-Pedersen

21.08 / 11:13

BTC Target Reuters Digital Action Bitcoin country Bitcoin Price Prediction: Dollar Instability, De-Dollarization Effects, China's Concerns

The BTC/USD is currently experiencing a decline of 0.25%, with its trading price at $26,025. Amidst the backdrop of dollar instability, there arise significant challenges to the ongoing efforts of de-dollarization, ultimately posing potential ramifications for Bitcoin's prices.

21.08 / 10:05

Provident FIVE Reuters Telegram TikTok Somalia bans TikTok, Telegram and 1XBet over 'horrific' content, misinformation

Somalia has banned TikTok, messaging app Telegram and online-betting website 1XBet to limit the spread of indecent content and propaganda, its communications minister said. «The minister of communications orders internet companies to stop the aforementioned applications, which terrorists and immoral groups use to spread constant horrific images and misinformation to the public,» the minister, Jama Hassan Khalif, said in a statement late on Sunday.

21.08 / 05:45

UPS Reuters Gap Deloitte audience Financial Success of Women's World Cup can't hide financial gap with men

Now, in line with a global boom in women's football, they are being paid, receive instructions from a full-time coach, enjoy the same multi-million pound training facilities as the men — and no longer moonlight as rubbish collectors. «In such a short time, we've seen massive changes,» said 24-year-old midfielder Molly Holder, in her third campaign at Stoke.

21.08 / 02:57

UPS Lowe's FIVE Reuters Gold near 5-month lows as focus turns to Jackson Hole summit

Gold prices steadied above 5-month lows on Monday after declining in the previous five sessions, as investors saddled up for central bankers' gathering in Jackson Hole, Wyoming this week, for outlook on economy and interest rates. FUNDAMENTALS * Spot gold was flat at $1,888.36 per ounce by 0124 GMT, while U.S. gold futures added 0.1% to $1,917.70. * Prices dropped to their lowest since mid-March at $1,883.70 last week, as buoyant economic data raised bets for higher-for-longer U.S.

21.08 / 02:45

Waves Reuters Moderna Pfizer Novavax show ‘All Americans to get Covid-19 booster’: Joe Biden as new wave looms

Joe Biden plans to urge all Americans to get a Covid-19 booster shot this autumn to counter a new wave of infections reported by the Centers for Disease Control and Prevention, said a White House official on Sunday as quoted by the news agency Reuters. Moderna on Thursday said that initial data showed its updated COVID-19 vaccine is effective against the "Eris" and "Fornax" subvariants in humans. Moderna and other Covid-19 vaccine makers Novavax, Pfizer, and German partner BioNTech SE have created versions of their shots aimed at the XBB.1.5 subvariant.

21.08 / 02:05

Reuters NIFTY SENSEX Nikkei KOSPI Weekend 5 things that changed for market over weekend: Gift Nifty, China loan prime rates to global market cues for Sensex today

Indian stock market is expected to open on a flat note Monday following mixed global cues. The domestic benchmark equity indices ended lower for the fourth consecutive week, the longest stretch of weekly declines in over a year. A sharp spike in domestic retail inflation, weak industrial production for June, worries over likely another interest rate hike by the US Federal Reserve, depreciation in rupee against US dollar, FII outflow, rising US bond yields and slowing China’s economy weighed on investors sentiment.

20.08 / 17:09

UPS Lowe's Reuters Extreme show US stocks week Wall Street week ahead: Surge in bond yields, China's economic crisis leave US stocks vulnerable

Reuters, the pessimistic mood in the market can push investors watching contrarian indicators to buy. At the beginning of the year, the markets showed extreme bearishness as indicated by the stock positions of investors and allocations to cash. But, with time the risk appetite of the investors increased with signs of resilience in the economy and cooling inflation.

20.08 / 16:05

Reuters Cooper country foreign Foreign investment Germany wants tighter foreign investment controls amid China 'de-risking'

BERLIN (Reuters) — German Economy Minister Robert Habeck wants to tighten the process for reviewing foreign investments with a new law that would aim to enhance economic security, according to a ministry document seen by Reuters on Sunday.

20.08 / 14:29

UPS Reuters Ball Strategy Intel reports Deal 5 big deal reports: US Steel bidding war heats up; ArcelorMittal weighing an offer

Investing.com — Here is your Pro Recap of 5 head-turning deal dispatches you may have missed last week: ArcelorMittal considers acquiring US Steel, Intel and Tower Semiconductor terminate the acquisition, Arena Group announces strategic expansion with Bridge Media Networks, and merger deals at Energy Transfer and Crestwood Equity, and Ball’s aerospace business and BAE Systems.

20.08 / 11:59

COST Provident Reuters Manufacturing Intel electronic Is India entering a semiconductor ‘red ocean’?

semiconductors and electronics in the one year since President Joe Biden signed off on a law that promotes the sector. In June, US-based Intel said it would invest $33 billion in Germany to expand in Europe. The number of semiconductor fabs processing 300-mm wafers globally is projected to jump from 138 in 2020 to 180 in 2023 and 233 in 2027.

20.08 / 05:17

UPS Reuters Booking Waters Southern show Hurricane Hurricane Hilary downgraded as Category 1 hurricane. 10 points you should know

Hurricane Hilary was downgraded on Saturday as a Category 1 hurricane even as the phenomenon has disrupted sports games and flights across the United States. The Hurricane was moving towards Mexico's Baja California peninsula and US agencies have raised warnings of heavy rainfall and flooding in many areas.

20.08 / 02:45

UPS Reuters Williams Progressive NOT Taiwan details China drills, VP says election not China's to call

Taiwan's election next year is a choice between democracy and autocracy, Vice President William Lai said in comments broadcast after China carried out military drills around the island in anger at his visit this month to the United States. Lai, the front-runner in polls to be Taiwan's next president at elections in January, made brief stopovers in the United States this month on his way to and from Paraguay, prompting fury in Beijing, which views him as a dangerous separatist given China's territorial claims over the island. Taiwan's defence ministry said on Sunday morning that in the past 24 hours 25 Chinese air force planes had crossed the Taiwan Strait's median line, which previously served as an unofficial barrier between the two sides.

19.08 / 23:59

UPS BLOCK Reuters country social Four secrets behind England’s run to the final

England have become one of the most formidable and feared international teams in the world thanks to their players and the brilliance of manager Sarina Wiegman.

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