Reuters Financial News

13.02 / 20:33

markets COST FIVE Reuters show reports Interest rate cuts would ease housing supply constraint, Fraser suggests

Cuts to interest rates in Canada may lead to better housing supply, Housing Minister Sean Fraser suggests.

13.02 / 18:39

markets COST Reuters Coherent show Department inflation data US yields surge after inflation data alters Fed view

U.S. Treasury yields climbed on Tuesday, with the 10-year yield hitting a two-month high, after a reading on inflation came in above estimates, pushing out market expectations for when the Federal Reserve will cut interest rates until later this year. The consumer price index (CPI) increased 0.3% last month after gaining 0.2% in December amid a surge in the cost of shelter, the Labor Department said on Tuesday. In the 12 months through January, the CPI increased 3.1%. Economists polled by Reuters had forecast the CPI would gain 0.2% on the month and 2.9% on a year-on-year basis.

13.02 / 18:03

Citi Reuters CEO JPMorgan Citigroup Trade International regulatory Citi may need to refocus on regulatory fixes amid restructuring, analysts say

(Reuters) — Citigroup may need to prioritize fixing regulatory issues amid its global reorganization efforts, analysts at J.P.Morgan wrote in a note.

13.02 / 17:58

Reuters economy show country information International Sporting Cuba import data casts doubt on official 'fuel crisis' explanation

By Dave Sherwood and Marianna Parraga

13.02 / 17:58

Reuters SpaceX show reports Interviews Investigations Exclusive-Musk's SpaceX fined for 'near amputation' suffered by worker, records show

By Marisa Taylor

13.02 / 13:23

UPS Citi BLOCK Reuters President Universities testing San Francisco Waymo arson sparks fresh debate on self-driving cars

By Hyunjoo Jin and Abhirup Roy

13.02 / 13:23

markets Reuters DOW show performer inflation data Futures drop on caution ahead of inflation data

By Johann M Cherian and Ankika Biswas

13.02 / 10:19

Reuters Digital Action Exodus Research Relationships Amid Paytm crisis, Indian NBFCs explore options for loan disbursal

Paytm for for loan disbursal, worried about the regulatory crisis engulfing the firm that has led to a temporary halt of lending services, sources with direct knowledge of the matter said. ALSO READ: Paytm Payments Bank's director has resigned, company confirms Paytm's banking unit on Jan. 31 was hit by a central bank order to wind down its business due to persistent non-compliance with rules and a day later Paytm said it would not be originating loans for «maybe a couple of weeks» to resolve operational challenges.

13.02 / 07:57

markets Reuters Williams Boeing PwC show country UK labour market cools again but BoE likely to remain on alert

By William Schomberg and Suban Abdulla

13.02 / 06:15

UPS Reuters Mobile WhatsApp country Nexon, Tiago get cheaper: Tata Motors slashes EV prices by up to Rs 1.2 lakh

Tata Motors announced a price cut of up to Rs 1.2 lakh on various electric vehicle (EV) models as it intends to pass on the benefits of battery price reduction to the customers. Tata Motors' top-selling Nexon.ev now starts at Rs 14.5 lakh, down from Rs 14.7 previously. while Tiago will now be sold starting at Rs 7.99 lakh, news agency Reuters quoted the company as saying. Prices of Tiago have been slashed by Rs 70,000. However, the prices of the the recently launched Punch.EV remain unchanged.

13.02 / 05:31

Provident Reuters Citizens Aware information Department Interviews Support Canada provides support to citizen arrested for opening Thai plane door

Thai Airways plane.“Global Affairs Canada is aware of the arrest of a Canadian citizen in Thailand.

13.02 / 05:12

UPS Reuters Experts country Interviews International Analysis-For West African juntas, CFA franc pits sovereignty against expediency

By Joe Bavier and Boureima Balima

13.02 / 02:23

markets Reuters WhatsApp Trade show reports inflation data Gold trades in tight range ahead of key US inflation data

Gold prices were stuck in a tight range on Tuesday as investors refrained from making big bets ahead of a U.S. inflation report that could give fresh perspective on how soon, and by how much, the Federal Reserve could cut interest rates this year. FUNDAMENTALS

13.02 / 02:23

markets Blockchain Reuters Strategy Bitcoin 2020 Schools Peter Thiel's Founders Fund invested $200 million in crypto before bull run

cryptocurrency markets. From late summer to early fall last year, the fund invested $200 million to acquire crypto tokens, half in bitcoin and the other half in ether, the two largest cryptocurrencies, two sources with direct knowledge of the matter told Reuters.

13.02 / 02:23

markets UPS Reuters Strategy Bitcoin 2020 Peter Thiel's Founders Fund made $200 million crypto investment before bull run

Peter Thiel, is investing once again in bitcoin and ether, sources said, signaling Silicon Valley's renewed interest in cryptocurrency markets. From late summer to early fall last year, the fund invested $200 million to acquire crypto tokens, half in bitcoin and the other half in ether, the two largest cryptocurrencies, two sources with direct knowledge of the matter told Reuters.

13.02 / 01:51

markets UPS Reuters Trade Bitcoin reports recommendations Indian stock market: 8 key things that changed for market overnight - Gift Nifty, inflation to Bitcoin price rally

Sensex plunged 523.00 points, or 0.73%, to close at 71,072.49, while the Nifty 50 settled 166.45 points, or 0.76%, lower at 21,616.05. “The premium valuation gap between mid to large caps has notched to its all-time high. Despite a robust economic forecast, corporate earnings are expected to slow due to moderated operating margins.

13.02 / 01:47

markets Blockchain Reuters Strategy Align Bitcoin 2020 Exclusive-Peter Thiel’s Founders Fund made $200 million crypto investment before bull run

By Anna Tong and Krystal Hu

12.02 / 22:51

markets Reuters CEO Airlines US Senator wants airline, credit card CEOs to testify on fees

WASHINGTON (Reuters) — The chair of the Senate Judiciary Committee on Monday asked the CEOs of American Airlines (NASDAQ:AAL), United Airlines, Visa (NYSE:V) and Mastercard (NYSE:MA) to testify at an April 9 hearing on credit card competition, according to letters seen by Reuters.

12.02 / 22:51

UPS Reuters Software NVIDIA Trade Interviews Cadence Design expects lower first-quarter revenue as hardware sales normalize

By Stephen Nellis

12.02 / 22:23

COST Reuters Kirklands WSJ Trade reports Express prepares for debt restructuring and possible bankruptcy, reports WSJ

(Reuters) — Apparel retailer Express is preparing for debt restructuring and a possible bankruptcy within weeks, the Wall Street Journal reported on Monday, citing people with knowledge of the matter.

12.02 / 22:23

UPS Reuters CEO Platform Food Justice reports Uber, Lyft, DoorDash drivers to strike on Valentine's Day for fair pay

By Akash Sriram

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