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BOJ executive saw need for vigilance to ‘non-linear’ inflation spikes
11+ hour, 50+ min ago (380+ words) TOKYO, Sept 14 (Reuters) – Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday....
Dollar steady, yen near 7-month high ahead of Fed, BOJ meetings
16+ hour, 35+ min ago (641+ words) SINGAPORE, Sept 14 (Reuters) – The dollar was steady on Monday, with the yen holding on to its recent sharp gains and hovering near a seven-month high as investors pondered possible rate hikes from the Federal Reserve and Bank of Japan in…...
Oil prices jump more than $3 after new strikes on Saudi, Strait of Hormuz
18+ hour, 46+ min ago (286+ words) BEIJING, Sept 14 (Reuters) – Oil prices rose more than $3 a barrel at the market open on Monday, after new strikes on Saudi Arabia and on ships in the Gulf on Sunday. Brent crude futures rose $3.62, or 3.46%, to $108.23 per barrel as of…...
GE HealthCare in talks over possible $1 billion deal for Sofie Biosciences, FT reports
1+ day, 5+ hour ago (147+ words) Sept 13 (Reuters) – GE HealthCare Technologies is in talks over a possible $1 billion deal to buy radiopharmaceutical developer Sofie Biosciences, the Financial Times reported on Sunday, citing people familiar with the matter. Here are some details: • A deal for Sofie, which…...
European stocks rise but head for sharp weekly declines
3+ day, 22+ hour ago (362+ words) Sept 11 (Reuters) – European stocks edged higher on Friday but were set for their biggest weekly decline in about two months as elevated bond yields and fears about aggressive interest rate hikes tempered sentiment ahead of key U.S. inflation data....
Lula maintains lead over Flavio Bolsonaro ahead of Brazil election, Datafolha poll shows
3+ day, 7+ hour ago (169+ words) SAO PAULO, Sept 11 (Reuters) – Brazilian President Luiz Inacio Lula da Silva maintained the numerical lead over Senator Flavio Bolsonaro in a potential runoff of the October election, a Datafolha poll showed on Friday. • Lula is seen with 46% of the vote…...
Activist investor Carl Icahn gives up JetBlue board seats after sharply cutting stake
2+ week, 4+ day ago (471+ words) By Doyinsola Oladipo and Rajesh Kumar Singh Aug 27 (Reuters) – Activist investor Carl Icahn has given up his board representation at JetBlue Airways after sharply reducing a stake in the airline that he once called an attractive investment opportunity. In 2024, JetBlue…...
Longsys ends 1% lower in Hong Kong debut after $900 million share sale
1+ week, 2+ hour ago (409+ words) By Donny Kwok and Yantoultra Ngui HONG KONG, Sept 8 (Reuters) – Shares of Shenzhen Longsys Electronics ended 1% lower in their Hong Kong debut on Tuesday, after the Chinese data storage products maker raised about HK$7.08 billion ($903 million) in a share sale....
Bending Spoons to buy Miro in $1.36 billion cash deal
4+ day, 2+ hour ago (163+ words) Sept 10 (Reuters) – Bending Spoons has agreed to buy Miro in an all-cash deal, valuing the digital collaboration platform at $1.36 billion, the companies said on Thursday. The company has built a reputation for acquiring and restructuring digital businesses, pursuing a strategy…...
Dollar holds gains, yen slips as Mideast energy shock deepens
3+ day, 15+ hour ago (522+ words) SINGAPORE, Sep 11 (Reuters) – The dollar held near its highest levels of the past week and the yen slipped for a second day at the start of Asian trading on Friday as renewed fears of energy supply disruptions in the Middle…...