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EU agrees to ease capital rules for insurers to boost investment
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Investors add to bets on Bank of England rate cuts in 2024
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Luxury slowdown prompts fears of inventory pile-up over key holiday season
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ECB has tough job to fight rate cut bets as inflation falls
Europe’s stock exchanges face calls to reform fees to challenge Wall St
Date: December 14, 2023
Europe’s stock exchanges face calls to reform fees to challenge Wall St By Sinead Cruise, Huw Jones and Samuel Indyk LONDON (Reuters) – Top stock exchange operators in Europe are under pressure from some investors and brokers to trim and simplify their fees to build a deeper capital market that challenges Wall Street’s allure to...
Asian stocks follow Wall Street higher; yields and dollar down
Date: December 14, 2023
Asian stocks follow Wall Street higher; yields and dollar down By Xie Yu HONG KONG (Reuters) – Asian stocks broadly rallied on Thursday, after the U.S. Federal Reserve flagged the end of its tightening cycle and struck a dovish tone for the year ahead. U.S. Treasury yields slid to a fresh four-month trough, while the...
BP challenges US energy regulator’s oversight of Venture Global LNG plant
Date: December 12, 2023
BP challenges US energy regulator’s oversight of Venture Global LNG plant By Curtis Williams HOUSTON (Reuters) -BP PLC has challenged U.S. energy regulators’ approvals of a Venture Global LNG liquefied natural gas export facility, arguing the Federal Energy Regulatory Commission (FERC) has failed to enforce its regulations, according to a letter filed with FERC on...
Wall Street inches higher after CPI report, crude slides
Date: December 12, 2023
Wall Street inches higher after CPI report, crude slides By Stephen Culp NEW YORK (Reuters) -U.S. stocks inched higher in choppy trading on Tuesday and the dollar dipped after a crucial report showed sticky U.S. inflation continues to meander along its slow, downward path as the Federal Reserve gathers for its December policy meeting. Crude...
Explainer-How Sweden’s commercial real estate problems could spark financial meltdown
Date: December 12, 2023
Explainer-How Sweden’s commercial real estate problems could spark financial meltdown STOCKHOLM (Reuters) – Soaring interest rates and too much debt are weighing down Sweden’ commercial real estate firms, making them the biggest threat to financial stability. The full effect of recent rate hikes has yet to be felt and authorities have told Sweden’s banks to...
EU begin to hash out EU AI Act details starting Tuesday
Date: December 12, 2023
EU begin to hash out EU AI Act details starting Tuesday By Supantha Mukherjee and Foo Yun Chee STOCKHOLM/BRUSSELS (Reuters) – Days after EU countries and lawmakers agreed on a provisional deal on artificial intelligence rules, experts from both sides are meeting on Tuesday to hammer out details, according to three sources familiar with the...