Barclays hits $361 million US penalty for ‘staggering’ blunder By Reuters

© Reuters. FILE PHOTO: The brand of Barclays financial institution is seen on glass lamps outdoors of a department of the financial institution within the Metropolis of London monetary district in London September 4, 2017. REUTERS/Toby Melville By John McCrank, Michelle Value and Iain Withers (Reuters)-British lender Barclays (LON:) agreed a $361 million penalty with … Read more

EU countries approve energy windfall levies, turn to gas price cap By Reuters

© Reuters. FILE PHOTO: European Union flags flutter outdoors the EU Fee headquarters in Brussels, Belgium, September 28, 2022. REUTERS/Yves Herman By Kate Abnett and Gabriela Baczynska BRUSSELS (Reuters) -European Union international locations agreed on Friday to impose emergency levies on power companies’ windfall income, and started talks on their subsequent transfer to sort out … Read more

US Investors Brace for More Wild Market Gyrations After Dizzying Q3

By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK (Reuters) – In a yr of untamed market swings, the third quarter of 2022 was a time when occasions took a really extraordinary flip. Because the Federal Reserve ratcheted up its financial coverage tightening to tame the worst inflation in many years, US Treasury yields shot … Read more

Explainer-How a massive options trade by a JP Morgan fund can move markets By Reuters

2/2 © Reuters. FILE PHOTO: A dealer works on the ground of the New York Inventory Alternate (NYSE) in New York Metropolis, US, September 26, 2022. REUTERS/Brendan McDermid/File Picture 2/2 By Saqib Iqbal Ahmed NEW YORK (Reuters) – An almost $16 billion JP Morgan fund is anticipated to reset its choices positions on Friday, doubtlessly … Read more

In Colombia, land occupations raise tensions and spook investors By Reuters

5/5 © Reuters. FILE PHOTO: Employees of a sugar mill put together the land to plant sugar cane in a cane discipline that, in response to them, could possibly be invaded by indigenous communities and poor farmers, in Corinto, Colombia September 20, 2022. REUTERS/Luisa Gonzalez 2/5 By Nelson Bocanegra CORINTO, Colombia (Reuters) – A machete … Read more

Analysis-Investors Confident in Brazil Staying the Course After Election

NEW YORK (Reuters) – A leftist former union chief is on monitor to switch Brazil’s right-wing president and tear up crucial fiscal rule on this planet’s tenth largest financial system, however overseas traders are largely unfazed. Their even-keeled outlook for Brazil, the place the native forex and inventory market have gained this 12 months, displays … Read more

Bed Bath & Beyond says turnaround gaining traction as it posts Q2 loss By Reuters

© Reuters. A procuring cart is seen at a Mattress Tub & Past retailer in Manhattan, New York Metropolis, US, June 29, 2022. REUTERS/Andrew Kelly By Arriana McLymore (Reuters) -Mattress Tub & Past Inc on Thursday mentioned it’s seeing early indicators that efforts to clear extra stock are working and it expects its money movement … Read more

Higher yields muddy outlook for struggling US stocks By Reuters

© Reuters. FILE PHOTO: A Wall Road signal is seen in Decrease Manhattan in New York, January 20, 2016. REUTERS/Mike Segar By Lewis Krauskopf NEW YORK (Reuters) – Hovering rates of interest are offering buyers with enticing alternate options to shares, complicating the image for equities in an already-vicious 12 months. For years, buyers may … Read more

New M&G CEO rules out break-up, sees opportunity in volatility By Reuters

© Reuters. FILE PHOTO: M&G plc emblem is seen on a smartphone in entrance of displayed identical emblem on this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration By Kirstin Ridley and Andres Gonzalez LONDON (Reuters) -Andrea Rossi, the funding veteran named as chief government of M&G on Thursday, has dominated out breaking apart certainly one … Read more

Dollar dishes the pain as selloff rumbles on By Reuters

2/2 © Reuters. FILE PHOTO: Girl holds British Pound banknotes on this illustration taken Might 30, 2022. REUTERS/Dado Ruvic/Illustration 2/2 By Marc Jones LONDON (Reuters) – Buyers pedaled into one other cycle of promoting on Thursday because the greenback tightened its stranglehold on foreign money markets, recession fears sapped shares and bonds suffered extra rate … Read more