Brazil rates to hit record low 5.00%, seen falling further: Reuters poll
Brazil’s benchmark interest rate will be cut to a record low of 5.00% on Wednesday, according to the unanimous view in a Reuters poll of economists, as the central bank battles to spur economic growth and prevent inflation from falling further below ta…
Lebanese banks to secure salaries, remain closed Tuesday: statement
Lebanese banks will stay shut on Tuesday amid ongoing unrest, but are working to ensure public and private sector workers receive their salary payments, the country’s banking association said on Monday.
Spotify revenue beats as more paid subscribers tune in, shares rise
Spotify Technology SA’s quarterly revenue beat Wall Street expectations on Monday, as the music streaming company added more-than-expected paid subscribers for its premium service.
In a Nike factory in Argentina’s hinterland, the ghost of Macri’s fall
Rumors of layoffs started spreading among workers at a factory here in northeastern Argentina making Nike Inc shoes the night before Cristian Fredy Aquino’s scheduled shift.
Shares near two-month highs on hopes of trade deal, Fed cut
World shares steadied near two-month highs on Monday, boosted by hopes for a trade deal and strong U.S. corporate earnings, while the dollar traded near its highest in a week before a Federal Reserve rate decision.
Google results to share stage with U.S. antitrust probe
Beyond fresh insights into Alphabet Inc’s quarterly earnings on Monday, financial analysts could press executives for details on the U.S. antitrust probe by 48 states.
Oil falls on weak Chinese industrial data
Oil prices fell on Monday after strong gains last week, as data released in China reinforced signs that its economy is slowing, though progress in China-U.S. trade talks has supported prices.
LVMH confirms interest in acquiring luxury jeweler Tiffany
LVMH, the world’s biggest luxury group, said on Monday it had approached Tiffany & Co about a possible takeover of the U.S. jeweler.
Investors brace for poor U.S. shale earnings amid weak oil and gas prices
Investors are bracing for weaker results from U.S. shale players in coming days as lower oil and natural gas prices and cost-cutting measures have weighed on third-quarter operations.
LVMH confirms interest in acquiring luxury jeweller Tiffany
LVMH, the world’s biggest luxury group, said on Monday it had approached Tiffany & Co about a possible takeover of the U.S. jeweller.
