Economy

(Reuters) -Cigarette makers Philip Morris (NYSE:PM), British American Tobacco (NYSE:BTI) and Japan Tobacco (OTC:JAPAF) will pay C$32.5 billion ($23.6 billion) to settle a long-running tobacco lawsuit in Canada, as part…

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Economy

Britain’s Reeves to stress stability on first IMF trip as finance minister

October 18, 2024

By David Milliken LONDON (Reuters) – Rachel Reeves will stress a commitment to stability in her first trip as Britain’s finance minister to the International Monetary Fund’s annual meetings in…

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Economy

Morning Bid: Trump trades shine, China data darkens

October 18, 2024

A look at the day ahead in U.S. and global markets by Harry Robertson From U.S. small-cap stocks to bitcoin to the dollar, some investors are seeking out assets that…

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Economy

Wall Street futures rise as tech stocks gain, Netflix jumps after strong earnings

October 18, 2024

(Reuters) – Wall Street futures climbed on Friday, led by gains in those tracking the Nasdaq 100 as technology shares broadly advanced, while Netflix (NASDAQ:NFLX) surged following upbeat results. Shares…

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Economy

Exclusive-Some ECB governors wanted to drop pledge to keep policy tight, sources say

October 18, 2024

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – Some European Central Bank governors at Thursday’s rate-setting meeting made the case for dropping a pledge to keep policy tight as…

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Economy

Bank of Canada most likely to cut rates by 50 bps next week

October 18, 2024

By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada is widely expected to reduce its key policy rate by 50 basis points on Wednesday, its fourth cut in a…

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Economy

Take Five: Up and away

October 18, 2024

(Reuters) – Start your electric engines, Tesla (NASDAQ:TSLA) is the first of the “Magnificent Seven” to report earnings, while finance chiefs descend on Washington and markets get a taste of…

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Economy

UK consumers defy their budget worries to shop more

October 18, 2024

By Suban Abdulla LONDON (Reuters) -British retail sales unexpectedly rose in September, according to official data published on Friday that contradicted signs that consumers were downbeat about possible tax rises…

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Economy

Analysis-Investors buy, then bide time on China

October 18, 2024

By Tom Westbrook, Dhara Ranasinghe and Naomi Rovnick SINGAPORE/LONDON (Reuters) – Global investors are buying China and betting last month’s rally has legs, but few are willing to go large…

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Economy

ECB to keep options open in face of undershooting risk, Villeroy says

October 18, 2024

PARIS (Reuters) – The European Central Bank is keeping its options fully open at upcoming interest rate meetings as the risk of undershooting its inflation target is now as big…

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Popular Topics

Big Tobacco proposes nearly $24 billion payment to settle Canada lawsuits

Britain’s Reeves to stress stability on first IMF trip as finance minister

Morning Bid: Trump trades shine, China data darkens

Wall Street futures rise as tech stocks gain, Netflix jumps after strong earnings

Exclusive-Some ECB governors wanted to drop pledge to keep policy tight, sources say

Bank of Canada most likely to cut rates by 50 bps next week

Take Five: Up and away

UK consumers defy their budget worries to shop more

Analysis-Investors buy, then bide time on China

ECB to keep options open in face of undershooting risk, Villeroy says