EU

Gabon officers declare military coup, President Ali Bongo detained

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Gabon officers declare military coup, President Ali Bongo detained

Bongo’s family have ruled for 56 years Street celebrations erupt in Gabon’s capital France, with troops in Gabon, condemns coup Army generals plan meeting to choose leader LIBREVILLE, Aug 30 (Reuters) – Military officers in oil-producing Gabon said they had seized power on Wednesday and had put President Ali Bongo under house arrest, stepping in … Read more

Wall St gains, Treasury yields drop as data raises potential for Fed pause

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Wall St gains, Treasury yields drop as data raises potential for Fed pause

[1/2]Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo Acquire Licensing Rights NEW YORK, Aug 29 (Reuters) – Wall Street extended the previous day’s gains on Tuesday while the dollar see-sawed amid light, pre-Labor Day trading as investors continued to … Read more

Beyond the climate tech arms race – Economy and ecology

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Beyond the climate tech arms race – Economy and ecology

One year ago, the US Senate surprised the world by reaching an eleventh-hour deal to pass the largest-scale climate legislation in history. While the Inflation Reduction Act (IRA) was initially greeted as promising news globally, concerns about ‘Buy American’ provisions and domestic tax incentives soon led policymakers in Brussels to criticise the law for creating market … Read more

Column: Powell’s steady hand steers dollar higher: McGeever

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Column: Powell’s steady hand steers dollar higher: McGeever

ORLANDO, Florida, Aug 25 (Reuters) – Federal Reserve Chair Jerome Powell’s speech in Jackson Hole is likely to maintain the ‘higher for longer’ outlook for U.S. interest rates and bond yields – good news for dollar bulls, especially given the contrasting picture elsewhere in the world. While the U.S. economy appears to be humming along … Read more

Shares jump as Nvidia results shine, bond yields retreat

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Shares jump as Nvidia results shine, bond yields retreat

Weaker than expected euro zone data sends euro lower Nvidia jumps in trading after the bell on bullish forecast Investors eye Powell’s Jackson Hole speech Japanese yields hit new high, yen still in intervention zone U.S. Treasury yields pull back further from 16-year highs NEW YORK/LONDON, Aug 23 (Reuters) – The euro clung to a … Read more

Morning Bid: ‘Flash’ business funk and AI buzz

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Morning Bid: ‘Flash’ business funk and AI buzz

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan A combination of worrying August business soundings from Europe … Read more

Microsoft, Activision to sell streaming rights to secure biggest video gaming deal

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Microsoft, Activision to sell streaming rights to secure biggest video gaming deal

UK’s CMA says original $69 bln Microsoft purchase blocked Activision to divest streaming rights to Ubisoft Deal designed to enable Microsoft takeover to proceed LONDON, Aug 22 (Reuters) – “Call of Duty” maker Activision Blizzard (ATVI.O) will sell its streaming rights to Ubisoft Entertainment (UBIP.PA) in a fresh attempt to win approval from Britain’s anti-trust … Read more

EEX bourse must seek EU antitrust okay for Nasdaq deal, EU says

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EEX bourse must seek EU antitrust okay for Nasdaq deal, EU says

The headquarters of the European Energy Exchange (EEX), world’s biggest online power trading platform is seen in a centre-of-town high-rise office building in Leipzig, Germany April 25, 2021. REUTERS/Annegret Hilse/File Photo Acquire Licensing Rights BRUSSELS, Aug 21 (Reuters) – The European Energy Exchange (EEX), part of Deutsche Boerse (DB1Gn.DE), has to seek EU antitrust approval … Read more

Sweden raises terrorist alert level after Koran burnings

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Sweden raises terrorist alert level after Koran burnings

[1/2]A police officer on a Segway patrols Sweden’s parliament Riksdagen as the terror threat level in Sweden is raised to four on a five-point scale, in Stockholm, Sweden, August 17, 2023. Fredrik Sandberg/TT News Agency/via REUTERS Acquire Licensing Rights STOCKHOLM, Aug 17 (Reuters) – Sweden’s national security service raised its terrorist alert to the second-highest … Read more

AMERICAS Bonds calm down but Chinese markets smolder

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AMERICAS Bonds calm down but Chinese markets smolder

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan Restive bonds showed signs of calm on Wednesday, but … Read more