Sadiq Khan has agreed for his text messages and emails to be searched as part of a legal battle with Palantir, the high court has been told, after he prevented the US technology company from working with the Metropolita…
The Mexican Peso appreciates against the US Dollar on Thursday, with the latter weakening amid a dovish tilt by Fed Governor Waller and speculation about an FX market intervention to boost the Japanese Yen. The USD/MXN …
Under-pressure carmaker will shed 15% of workforce and halve its product line in sector’s biggest ever restructure
The famous tagline “Guinness is good for you” applies only when the drink is bought and paid for, police have said, after thieves made off with more than 70,000 pints’ worth in Cheshire.
The Bank of Mexico (Banxico) Deputy Governor Jonathan Heath said that the central bank can wait to reduce interest rates, signaling that further easing is possible but in about a year or more, as he qualified the curren…
Exclusive: New environment secretary insists ‘nothing is off the table’ in dealing with ailing Thames Water
Rising bonds yields and growing government debt could see interest rates start to rise
USD/CAD extends its decline for the second consecutive day on Thursday as broad US Dollar (USD) weakness and the Bank of Canada’s (BoC) hawkish message at its September policy meeting support the Canadian Dollar (CAD). …
Gold price (XAU/USD) gains momentum to around $4,470 during the early Asian session on Friday. The precious metal extended its recovery as Federal Reserve (Fed) rate hike bets ease. All eyes will be on the US August Non…
Scotiabank’s Global FX Strategy team reports the British Pound (GBP) is flat versus the US Dollar (USD) but softer on crosses, with UK PMI data offering little new insight. Markets price minimal tightening for the Septe…
ING economists Bert Colijn and Carsten Brzeski argue that the Eurozone’s long-standing export-led growth model is being structurally eroded by higher energy costs, rising Chinese competition and a changing global trade …
Bank of England (BoE) Chief Economist Huw Pill reiterated his support for raising the Bank Rate to 4.00%, arguing that policymakers cannot wait for uncertainty surrounding the Middle East conflict and energy prices to r…
The Japanese yen has soared by more than 2% against the dollar amid speculation the Bank of Japan is set to raise interest rates.
The Pound Sterling rises against the US Dollar on Thursday, as Fed Governor Christopher Waller favors holding the rate unchanged, shifting to a more neutral stance regarding monetary policy, while data showed that the U…
Astra’s arrival comes days after Sam Altman, OpenAI’s chief executive, described AGI as an ‘irrelevant marketing term’
Societe Generale strategists highlight heavy USD/JPY turnover as the pair slid below its 200-day moving average, with leveraged accounts forced to cover shorts. They argue that potential Bank of Japan (BoJ) tightening c…
Federal Reserve Chair Kevin Warsh delivered a hawkish debut performance at his first policy-setting meeting. While the Federal Open Market Committee (FOMC) voted unanimously to hold interest rates steady, the Summary of…
Nvidia has agreed to buy artificial intelligence platform Hugging Face in a deal valued at about $12.9bn (£9.5bn), one of the AI chipmaker's biggest acquisitions as it expands into software.
USD/JPY extends its decline for a second consecutive day and trades around 155.40 on Thursday at the time of writing, down 2.07% on the day. The pair comes under strong selling pressure as the Japanese Yen (JPY) benefit…
Emergent reduced its 2028 unsecured debt by $75 million at a discount while preserving liquidity and signaling active balance sheet management.
The US shareholder activism environment is maturing and increasingly complex, characterized by new players, evolving tactics, and shifting boardroom dynamics. This report, a complement to The Conference Board annual Pro…
Households across the UK are being warned to brace for higher energy bills this winter as European countries scramble to replenish their natural gas stores before the weather dips.
Commerzbank’s Tatha Ghose notes that NBP Governor Adam Glapinski used G20 remarks to shift towards a more neutral, flexible stance, avoiding earlier dovish hints of imminent rate cuts. With August CPI surprising hawkish…
Reform UK has been given a further £4m from the British crypto billionaire Ben Delo, with the party saying it is confident the businessman – who was formerly based in Hong Kong – will not be caught by the new overseas d…