Investing

(Reuters) – The Trump transition team is exploring ways to significantly reduce, merge, or even eliminate the top bank regulators in Washington, The Wall Street Journal reported on Thursday. In…

(Reuters) -Spanish construction giant Ferrovial said on Thursday it closed the sale of a 19.75% stake in Heathrow Airport Holdings for 2 billion euros ($2.10 billion) to French investment firm…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets.  Asian markets are set to end the week on the defensive, pressured by rising U.S. bond…

By Marcela Ayres and Fernando Cardoso BRASILIA (Reuters) – Brazil’s currency reversed course and weakened against the U.S. dollar on Thursday, despite a larger-than-expected interest rate hike by the central…

By Michael S. Derby NEW YORK (Reuters) – The head of the Federal Reserve Bank of New York’s powerful Markets Group, Michelle Neal, is stepping down and will leave the…

(Reuters) -Costco Wholesale marginally beat Wall Street expectations for first-quarter revenue on Thursday, as more Americans turned to the membership-only retail chain to shop for everything from food to home…

By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s economy is expected to have contracted 2.6% in the third quarter of 2024 versus a year earlier, the sixth straight such decline,…

By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – Euro zone markets swung on Thursday after the European Central Bank gave up a long-standing hawkish tilt but analysts were split…

(Reuters) – Wall Street executives at the Reuters Next (LON:NXT) conference in New York expect a $7-trillion cash pile that proved invulnerable to falling interest rates in 2024 to start…