Dollar Pinned Down by 50 Bp Fed Cut Bets
Fed funds futures rallied on Monday to push the chance of a 50 basis point rate cut to 67%, against 30% a week ago. The odds ...
Goldman Sachs Reiterates Bullish View on Gold Prices Amid Fed Rate-Cut Hopes
(Reuters) - Goldman Sachs reiterated its optimistic outlook on gold prices on Monday, citing central bank demand and the ...
London's High-End Property Market Cools on Worries About Tax Hit
"The negative sentiment is amplified at the top end of the market, with more specific budget fears in the form of 'non-dom' ...
As Fed Cuts Loom, Health of US Economy Could Determine Markets' Path
The Fed is expected to kick off a series of rate cuts on Wednesday, after raising borrowing costs to their highest level in ...
Starbucks North America Head Retires After Five Months in the Role
(Reuters) - Starbucks said on Monday that its North America CEO, Michael Conway, had decided to retire after about 11 years ...
Investors Turned More Bearish on Oil Last Week Than Ever
NEW YORK (Reuters) - Investors were more bearish than ever on crude oil last week, deepening a months-long selloff that ...
Microsoft Approves New $60 Billion Share Buyback Program
(Reuters) -Microsoft said on Monday its board has approved a new share buy back program of up to $60 billion. The tech giant ...
Exclusive-First Quantum Minerals Offers Voluntary Retirement to Cobre Panama Workers, Sources Say
TORONTO (Reuters) - Canadian miner First Quantum Minerals has opened a voluntary retirement (VR) scheme to workers at the ...
OpenAI's Safety Committee to Oversee Security Practices as an Independent Body
Microsoft-backed OpenAI said on Monday its safety committee will oversee security and safety processes for the company's ...
BofA Hires Citi's Chief Accounting Officer Okpara, FT Reports
Okpara resigned from Citi earlier this month. At Bank of America, he will replace Rudolf Bless, who has been the chief ...
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Intel and AWS to Expand Strategic Collaboration on Chip Manufacturing
(Reuters) - Intel and Amazon's AWS said on Monday they would expand their collaboration, including a co-investment in custom ...