pandemic

Fed pivot, inflation boost emerging market interest rate hikes in June

Emerging markets saw more interest rate hikes in June as a hawkish pivot from the U.S. Federal Reserve amplified inflationary…

4 years ago

Analysis: OPEC disagreement lays bare growing UAE-Saudi economic rivalry

Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing economic rivalry…

4 years ago

World shares cling near record highs

World stocks clung close to record highs on Monday as worries about the Delta variant of COVID-19 offset positive sentiment…

4 years ago

Factbox: The challenges facing Amazon’s new CEO, Andy Jassy

Amazon.com Inc (AMZN.O) on Monday got a new chief executive: Andy Jassy, the mastermind behind its lucrative cloud computing division,…

4 years ago

Analysis: Latam central banks look past COVID as inflation phantoms loom

Latin America's central banks have become more hawkish as the region's inflationary ghosts rattle their chains, with a recent pivot…

4 years ago

U.S. quarterly auto sales jump on strong SUV demand, shift to EVs

U.S. automakers on Thursday reported a sharp rise in quarterly sales on strong demand for SUVs and pointed to the…

4 years ago

Ghosts of taper tantrum to haunt EMFX, stir volatility memories: Reuters poll

Volatility risks in coming months are high on the radar of emerging market currency investors still familiar with past Fed…

4 years ago

Analysis: U.S. companies spend billions on stay-at-home tech, boding ill for office properties

As the U.S. economy reopens, ramped-up corporate spending on video systems and plans to increase shared workspace suggests hybrid work…

4 years ago

EXCLUSIVE Shell plans to exit California joint venture with Exxon Mobil -sources

Royal Dutch Shell Plc (RDSa.L) plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp…

4 years ago

Euro zone recovery faces risks from virus mutations, ECB’s Lagarde says

The euro zone economy may well avoid the most pessimistic scenario envisaged at the start of the COVID-19 pandemic but…

4 years ago