Monday, December 16, 2024
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Stock market today: In premarket, Wall Street inches closer toward erasing last week’s losses

Wall Street inched toward modest gains before the open Friday as markets continue to erase last week's sweeping losses.Futures for the S&P 500 climbed...

Global rate cutting cycle picking up pace

By Naomi Rovnick and Dhara RanasingheLONDON (Reuters) - Interest rate cuts from major central banks are well underway, with the European Central Bank on...

European Central Bank cuts benchmark rate by a quarter point as inflation declines

FRANKFURT, Germany (AP) — With inflation subsiding, the European Central Bank cut interest rates again on Thursday to prop up tepid growth with lower...

Asian shares up on Wall St tech boost, dollar extends gains on yen

By Stella QiuSYDNEY (Reuters) - Asian shares bounced on Thursday, tracking a tech-driven rally on Wall Street, while the dollar held onto gains after...

Hurdles to M&A in Europe’s fragmented banking sector

By Tommy Reggiori Wilkes and Prinz Magtulis(Reuters) - UniCredit's purchase of a stake in Commerzbank has fuelled speculation about further European banking consolidation, after...

German inflation falls to the lowest level in more than three years

By Maria MartinezBERLIN (Reuters) - German inflation fell to its lowest level in more than three years in August, a second estimate confirmed on...

Draghi Says EU at Risk Without Huge Spending and Joint Debt

(Bloomberg) -- Former European Central Bank President Mario Draghi called on the EU to invest as much as €800 billion ($884 billion) extra a...

Draghi urges reform, massive investment to revive lagging EU economy

By Philip BlenkinsopBRUSSELS (Reuters) - The European Union needs far more coordinated industrial policy, more rapid decisions and massive investment if it wants to...

Draghi urges reform, massive investment to revive lagging EU economy

By Philip BlenkinsopBRUSSELS (Reuters) - The European Union needs far more coordinated industrial policy, more rapid decisions and massive investment if it wants to...

European shares rebound after worst weekly performance in over a year

(Reuters) - European shares began the week on a positive note after the benchmark index saw its worst day in over a year on...

ECB is poised to cut rates again in warm-up act for the Fed

(Bloomberg) — The European Central Bank will probably cut interest rates on Thursday in a prelude to a US move the following week, as...

Austrian Raiffeisen’s entanglement with Russia

By Tommy Reggiori Wilkes and John O'DonnellLONDON/VIENNA (Reuters) - A Russian court has frozen Raiffeisen Bank International's local arm, killing off any prospect of...

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