ANKARA (Reuters) – Turkey’s lira edged close to its all-time low on Friday, driven by fleeing foreign investors but mitigated by local bargain hunting, a day after the central bank unexpectedly cut its policy rate and gave little hint of how low it could go.FILE PHOTO: A merchant counts Turkish lira banknotes at the Grand Bazaar in Istanbul, Turkey, March […]
Read moreFox Business Flash top headlines for September 21 Check out what’s clicking on FoxBusiness.com. Entain Plc on Tuesday confirmed that U.S. fantasy sports betting company DraftKings has made an offer to buy the British gambling firm in a deal that one media report said could be valued at $20 billion. Ticker Security Last Change Change % GMVHY ENTAIN PLC 31 […]
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The 30-share Sensex was trading 0.83% higher at 59,414.75 Equity benchmark Sensex rallied over 450 points in opening trade on September 23 amid a positive trend in global markets after the U.S. Federal Reserve hinted that it may begin easing its extraordinary support measures for the economy later this year. The 30-share Sensex was trading 487.42 points or 0.83% higher […]
Read more* Platinum, palladium ease after recovery * Path of least resistance for gold is down – analyst * Fed says will likely begin tapering by as soon as November (Adds comment, updates prices) Sept 23 (Reuters) – Gold fell 1% on Thursday, pressured by an uptick in treasury yields and an appetite for riskier assets, as investors continued to position […]
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FILE PHOTO: The logo of U.S. conglomerate General Electric is pictured at the site of the company’s energy branch in Belfort, France, February 5, 2019. REUTERS/Vincent Kessler/File Photo(Reuters) -General Electric Co on Thursday announced a $1.45 billion cash deal to acquire ultrasound company BK Medical to bolster its medical imaging business, signaling a shift away from the company’s exclusive focus […]
Read moreKatz on Evergrande crisis: We will see the Chinese ‘step up’ in the eleventh hour UBS Managing Director and Senior Portfolio Manager Jason Katz discusses Evergrande’s debt crisis, U.S. debt ceiling and the market selloff. The state of Chinese lender Evergrande is roiling U.S. financial markets in what is one of the worst sessions for stocks since July. Ticker Security […]
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CIUDAD ACUNA (Reuters) – A migrant camp in Texas near the Mexican border where as many as 14,000 Haitians amassed in recent days has shrunk to less than half that size amid expulsion flights and detentions, even as some stay, committed to trying to remain in the United States.A makeshift border migrant camp is seen at daybreak along the International […]
Read morePARIS, Sept 23 (Reuters) – French fashion company SMCP , whose brands include Sandro and Maje, said on Thursday that European TopSoho – a unit of its majority shareholder – had failed to redeem 250 million euros ($293 million) of bonds exchangeable into SMCP shares. “European TopSoho has until September 30 (inclusive) to remedy this default”, said SMCP in a […]
Read moreSept 22 (Reuters) – U.S. President Joe Biden plans to nominate Saule Omarova, a law professor who has criticized cryptocurrencies and advocated for the government to have a much bigger role in banking, to run the Office of the Comptroller of the Currency (OCC), Bloomberg News reported bit.ly/3AAren4 on Wednesday. Omarova will be tapped to run the OCC as soon […]
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