Breadcrumb Trail Links PMN Business Author of the article: Reuters Samuel Indyk Published Jan 05, 2023 • 2 minute read Join the conversation Article content LONDON — This week’s rally in euro zone government bonds petered out on Thursday, as heavy government bond supply added to pressure on prices which were also influenced by a […]
Article content Gold prices extended gains on Wednesday to touch their highest levels since mid-June, helped by a pull-back in the dollar and yields as markets awaited the release of Federal Reserve minutes for guidance on upcoming interest rate hikes. Spot gold was up 1% to $1,858.06 per ounce by 11:18 a.m.. EST (1618 GMT), […]
Article content PARIS, Jan 4 (Reuters) – Car maker Stellantis will help build Archer Aviation’s electric aircraft Midnight eVTOL and increase its stake in the U.S. company, the two firms said on Wednesday. Article content Industrial firms and new startups are flocking to invest in air taxis, which can take off and land vertically to […]
Article content Brazil’s real steadied on Wednesday after taking losses due to concerns about its fiscal health Article content under new President Luiz Inacio Lula da Silva, while other Latin American currencies were mixed ahead of the release of U.S. Federal Reserve meeting minutes. The real firmed 0.2% to 5.44 per dollar after touching an […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Harry Robertson Published Jan 03, 2023 • 2 minute read Join the conversation Article content LONDON — Euro zone government bond yields fell for the second day running on Tuesday after German inflation cooled more than expected. German inflation eased in December due to falling […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Valentine Hilaire Published Jan 03, 2023 • 3 minute read Join the conversation Article content PANAMA CITY — Panama and First Quantum Minerals are hardening battle lines in a dispute over how much tax the Canadian miner should pay on its concession for the Central […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Amanda Cooper and Koh Gui Qing Published Jan 03, 2023 • 4 minute read Join the conversation Article content LONDON/NEW YORK — The dollar headed for its largest one-day rise in over three months on Tuesday, while U.S. stocks bucked a global equities rally in […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Bansari Mayur Kamdar Published Jan 02, 2023 • 2 minute read Join the conversation Article content The Brazilian real fell in the first trading session of the year after Luiz Inacio Lula da Silva was Financial Post Top Stories Sign up to receive […]
Article content JERUSALEM, Jan 2 (Reuters) – The Bank of Israel raised its benchmark interest rate by half a point on Monday, and will likely continue its increases a bit more in coming months, saying it seeks to curb inflation running above 5%. Article content The central bank as expected lifted its key rate to […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Davide Barbuscia Published Jan 01, 2023 • 3 minute read Join the conversation Article content NEW YORK, Dec 30 (Reuters) – U.S. government bond investors hurting after the biggest annual decline in the history of the asset class are riding out yet another selloff, as […]