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☆ Russia says Ukrainian forces have crossed the River Dnipro but face 'Hell fire' and death
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

MOSCOW, Nov 15 (Reuters) - Russia has conceded for the first time that some Ukrainian forces have crossed onto the River Dnipro's eastern bank, but has said they face "Hell fire" and that the average life expectancy of a Ukrainian soldier there is around two days. Ukrainian President Volodymyr Zelenskiy's chief of staff said on Tuesday that Ukrainian forces had secured a foothold on the east bank of the Dnipro River in southern Ukraine's Kherson region, the first official acknowledgement of its kind. Andriy Yermak said Ukrainian forces had managed to cross the river and dig in "against all odds" and that his country's counteroffensive aimed at clawing back territory from Russia - which has so far failed to make a major breakthrough - was "developing." Vladimir Saldo, the Russian-installed governor of the part of Kherson region which Moscow controls, acknowledged in a statement that Ukrainian forces had managed to cross the river which was seen by Russia as a difficult barrier for Kyiv's soldiers to surmount. In the last two or three days alone, total enemy losses have totalled about a hundred fighters."

Persons: Volodymyr Zelenskiy's, Andriy Yermak, Vladimir Saldo, Andrew Osborn, Guy Faulconbridge Organizations: Russian, Thomson Locations: MOSCOW, Russia, Ukrainian, Dnipro, Ukraine's Kherson, Russian, Kherson, Moscow, Russia's

☆ British fintech Wise reports 280% jump in profit as higher interest rates boost income
▼ + stars: | 2023-11-14 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

British fintech firm Wise nearly quadrupled pre-tax profits in its half-year results out on Tuesday, citing a boost from higher interest rates. Including interest income, the company's total income stood at £656 million for the period, up 58% year-on-year. Wise said that it benefited from higher interest rates, extending a trend from earlier this year where the company was pulling in extra income thanks to interest rate increases. The analysts added that the boost to Wise's results from higher interest income is a "welcome temporary compensation" for slowing core total processed volume, but noted it is "likely unsustainable." Harsh Sinha, Wise's technology chief, recently took the reins from Wise CEO Kristo Kaarmann at the firm's helm.

Persons: Wise, Harsh Sinha, Kristo Kaarmann, Taavet Hinrikus Organizations: British, Jefferies, London Stock Exchange Locations: Kaarmann, Estonia

☆ Crack in US dollar strength to spread as economy slows: Reuters poll
▼ + stars: | 2023-11-08 | by ( Hari Kishan | ) www.reuters.com time to read: +4 min

Suggesting the current dollar weakening trend has further to go, a near two-thirds majority of analysts, 28 of 45, who answered a separate question said the dollar is likely to trade lower than current levels against major currencies by year-end. The euro zone economy shrank 0.1% last quarter and is expected to flat-line in this one, barely skirting a recession. The Japanese yen, the worst-performing major currency for the year, is expected to remain under pressure in the near-term. The yen is expected to gain over 10% to change hands at 136/dollar in a year, the poll showed. Emerging market currencies are expected to take well into next year to post noticeable gains against a retreating U.S. dollar.

Persons: Florence Lo, we’ve, ”, Lee Hardman, “ It’s, we’re, Simon Harvey, Sterling Organizations: REUTERS, Federal Reserve, MUFG, Futures Trading, U.S, “ Locations: BENGALURU, U.S, Europe

[1/2] The Bank of Israel building is seen in Jerusalem June 16, 2020. Israel's central bank has played its part too with a flurry of support measures, and has stayed away from rate cuts. At the outset of the war, markets were stunned. "The Bank of Israel took very aggressive action," said Gil Moshe, the head of markets at the Israel unit of U.S. bank Citi. Looking to next year, Shmuel Katzavian, a strategist at Israel's Discount Bank, expects the shekel to continue to strengthen.

Persons: Ronen, Israel's, Yaniv Pagot, Amir Yaron, Geoff Yu, Gil Moshe, Pagot, Shmuel Katzavian, Steven Scheer, Marc Jones, Jan Harvey Organizations: Bank of, REUTERS, Rights, Tel Aviv Stock Exchange, Reuters, U.S . Federal Reserve, BNY Mellon, Reuters Graphics, Israel, Citi, Israel's Discount Bank, Thomson Locations: Bank of Israel, Jerusalem, Gaza, Iran, Lebanon, Israel's, Israel, U.S, London

That has left Italian equities overall more cheaply valued than even battered UK shares (.dMIGB00000PUS), which are trading at a 33% discount to global peers. Goldman Sachs estimates that each 10 bps rise in sovereign spreads takes around 2% off Italian bank shares and 1.5% off the FTSE MIB index. Conflict in Ukraine and in the Middle East meanwhile threaten to spark a fresh surge in energy prices and weaken growth. UniCredit shares are up almost 80% this year and among the best performing euro zone banking shares. Fidelity International portfolio manager Alberto Chiandetti, said he was chasing opportunities in battered industrials and consumer sectors in the FTSE Italia Star index.

Persons: Claudia Greco, Chris Hiorns, Fitch, Goldman Sachs, Giuseppe Sersale, Andrea Scauri, Lemanik, Scauri, LSEG, Alberto Chiandetti, Joice Alves, Danilo Masoni, Dhara Ranasinghe, Toby Chopra Organizations: REUTERS, Companies, LONDON, Barclays, European Commission, FTSE Italia Star, Anthilia, Banco, Fidelity International, FTSE, Thomson Locations: Milan, Silicon, Italy, Companies Italy, MILAN, Germany, Ukraine, iShares, Europe, dei, London

☆ Republicans' plan to fund Israel by cutting IRS spending would cost taxpayers billions and add to the national deficit
▼ + stars: | 2023-11-01 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Republicans proposed giving Israel $14 billion, attached to $14 billion in IRS funding cuts. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementRepublicans want to give Israel $14.3 billion — but only if they can cut the same amount from the IRS. It's insulting that the hard right is openly trying to exploit the crisis in Israel to try and reward the ultra-rich." "Bifurcating Israel security assistance from the other priorities in the national security supplemental will have global consequences."

Persons: —, Mike Johnson's, Joe Biden, Johnson, Ashley Schapitl, Daniel Werfel, Kevin McCarthy, Schapitl, Chuck Schumer Organizations: Israel, Office, Senate Democrats, White, Service, IRS, Palestinian, Hamas, Democrats, Internal Revenue, Republicans, Washington Post, GOP, Senate, White House, Management, OMB Locations: Israel

☆ CNBC Daily Open: Market bounce may not last
▼ + stars: | 2023-10-31 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The BOJ also revised its inflation outlook for Japan higher, forecasting core CPI to hit 2.8% and 1.7% for the fiscal years 2024 and 2025. The Federal Reserve is widely expected to keep interest rates unchanged at the close of its two-day meeting Wednesday. But the Fed has been notoriously off the mark when it comes to predictions about monetary policy, writes CNBC's Jeff Cox.

Persons: Elon Musk, Jeff Cox Organizations: New York Stock Exchange, CNBC, Dow, Industrial, China's, Bank of Japan, Samsung Electronics, Panasonic, Federal Reserve Locations: New York City, Asia, Pacific, China's Shanghai, Japan

☆ CNBC Daily Open: Markets’ bounce may be short-lived
▼ + stars: | 2023-10-31 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +4 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. But Goldman Sachs' chief equity strategist thinks such negative sentiment gives rise to a "buying opportunity," especially for a certain type of stock that boasts a healthy balance sheet . But not for Tesla Tesla shares sank nearly 5% after Panasonic said it was reducing production of electric batteries because of flagging demand for Tesla's vehicles. The spread in opinions may make the picture ahead murky, but, ironically, it does make one thing clear: markets are increasingly volatile.

Persons: Goldman Sachs, Joe Biden, Tesla, Elon Musk, Europe's, Fundstrat's Tom Lee, Lee, Hogan, Ari Wald, Oppenheimer, Wald, Morgan Stanley, Mike Wilson, Wilson —, — Organizations: New York Stock Exchange, CNBC, Consumers, U.S, Panasonic, Dow, Industrial, Dow Jones Industrial, Nasdaq, Technology, Amazon, Microsoft, Meta, Riley, Federal Reserve, Lower Treasury Locations: New York City, Lower

☆ Meta's Q4 guidance that knocked the stock lower is not a reason to sell
▼ + stars: | 2023-10-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +10 min

Meta Platforms (META) reported strong third-quarter results thanks to a rebound in advertising sales and continued cost discipline in CEO Mark Zuckerberg's "year of efficiency. The stock traded higher most of the evening, clawing back some of the losses from Wednesday's broader market selloff. Lastly, Meta picked up the pace on share buybacks in the quarter, repurchasing $3.7 billion worth of stock. Meta repurchased $9.22 billion worth of stock in the first quarter and only $793 million in the second quarter. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Mark Zuckerberg's, Meta, clawing, Jim Cramer, we've, Zuckerberg, Jim Cramer's, Jim, Tobias Schwarz Organizations: Revenue, Meta, Nvidia, Reality Labs, Facebook, Apps, Apple, CNBC, Visitors, AFP, Getty Locations: U.S, Canada, Berlin

☆ Sam Bankman-Fried's ex-friends and top lieutenants all demolished his criminal defense from the witness stand
▼ + stars: | 2023-10-21 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

Sam Bankman-Fried's defense attorneys have argued that FTX's collapse is complicated and he didn't know everything. AdvertisementAdvertisementDuring opening statements at Sam Bankman-Fried's trial, it quickly became clear that prosecutors and his defense attorneys had very different approaches. But Bankman-Fried's attorneys may convince jurors that Bankman-Fried genuinely believed his actions were acceptable in the wild-west cryptocurrency industry. The challenge for Bankman-Fried's attorneys is to convince jurors that he didn't know about any wrongdoing. "Sam directed me to," Ellison testified.

Persons: Sam Bankman, They've, —, — Caroline Ellison, Gary Wang, Nishad Singh —, Thane Rehn, Rehn, Mark Cohen, Ellison, Cohen, FTX, Crypto, it's, Sam Bankman Fried, Craig Ruttle, Sarah Krissoff, Cozen O'Connor, Fried, Krissoff, Singh, Wang, Paul Tuchmann, Wiggin, Dana, Sam, Caroline Ellison, Eduardo Munoz Alvarez, Gary, Sun, He's Organizations: Service, Prosecutors, Alameda Research, Alameda Locations: Manhattan, Washington, Bankman, Alameda, New York, FTX, Bahamas

☆ Why the housing market sucks for both buyers and sellers
▼ + stars: | 2023-10-17 | by ( Dan Latu | ) www.businessinsider.com time to read: +4 min

Buyers and sellers alike complain of a market that only gets worse the longer they wait. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe slowed-down market could have impacts across the economy, forcing some potential buyers to continue renting and influencing some potential sellers to stay put. The bank remained hopeful for a turnaround but warned of more turbulence for buyers and sellers brave enough to face the market. AdvertisementAdvertisementSellers are also forced to wait and for decreasing offersMeanwhile, sellers are left waiting as well.

Persons: —, Chen Zhao, Redfin, Lawrence Talej, Yonatan Hochstein, they've, We've, Desiree Edgington, She's, Edgington, Zoe Rosenberg Organizations: Service, Wall Street, National Association of Realtors, Bank of America Locations: Richmond , Virginia, New Jersey, Kansas, zrosenberg@insider.com

Iran, which backs Hamas, refers to regional countries and forces opposed to Israel and the United States as a "resistance front." Diplomatic efforts have concentrated on getting aid into Gaza through the Rafah crossing with Egypt, the sole route out that is not controlled by Israel. While tens of thousands have fled south, the United Nations says there is no way to move so many people without causing a humanitarian catastrophe. According to the United Nations, a million Gazans have already been driven from their homes. The Kremlin readout of the call did not include any mention of the ceasefire Russia was trying to achieve by putting forward a resolution in the United Nations Security Council.

Persons: Khan Younis, Mohammed Salem, Israel Russia's Putin, Israel's Netanyahu, Joe Biden, Antony Blinken, Benjamin Netanyahu, gunning, Hossein Amirabdollahian, Amirabdollahian, Ayatollah Ali Khamenei, Ebrahim Raisi, Israel, Netanyahu, Biden, Adrienne Watson, Khaled Meshaal, Vladimir Putin, Moscow, Putin, Abu Dahoud, Nidal al, Bassam Massoud, Nuha Sharaf, Ari Rabinovitch, Dan Williams, Henriette Chacar, Dedi, Maayan Lubell, Emily Rose, James Mackenzie, John Davison, Parisa, Humeyra Pamuk, Hatem Maher, Ahmed Tolba, Omar Abdel, Trevor Hunnicutt, Nandita Bose, Rami Ayyub, Katharine Jackson, Michelle Nichols, David Brunnstrom, Howard Goller Organizations: REUTERS, Diplomats, Gaza, U.S, Tel Aviv . Iranian, Zionist, Israel, National Security, Hezbollah, Nations, United Nations, Pentagon, United Nations Security Council, Palestinian Authority, Thomson Locations: Gaza, GAZA, JERUSALEM, WASHINGTON, Israel, Tel Aviv, Iran, Hamas, Israel's, Jerusalem, United States, Lebanon, Tehran, Egypt, Cairo, Rafah, Washington's, Syria, Lebanese, Russian, Russia, Dubai, Razek, Washington

Here's where you can watch the Fury vs. KSI fight live stream in the US, UK, and more. How to watch Fury vs. KSI live streams from anywhereIn the United States, you can catch the fight airing live as a pay-per-view event on ESPN Plus ($64.99) or DAZN ($54.99). Watch Fury vs. KSI. Fury vs. KSI fight cardHere are all the fights happening before the main event. KSI vs. Tommy Fury, 6 rounds, cruiserweightsLogan Paul vs. Dillon Danis, 6 roundsSalt Papi vs.

Persons: Tyson Fury's, Tommy Fury, KSI, Olajide, Fury, He's, Tyson Fury, Jake Paul, he's, Jake Paul's, Logan Paul, Dillon Danis, you'll, we'd, It's, they've, Insider's, ExpressVPN, cruiserweights Logan Paul, Slim, Deen, Walid, lightweights King Kenny, Anthony Taylor, Whindersson Nunes, Nate, Los Pineda Coladas, Astrid Wett, Alexia Grace Organizations: ESPN, Walid Sharks Locations: Manchester, England, United States, Canada, Australia, Ireland

☆ Canadian dollar dips as oil prices pull back
▼ + stars: | 2023-10-11 | by ( Fergal Smith | ) www.reuters.com time to read: +2 min

A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto January 23, 2015. REUTERS/Mark Blinch/File Photo Acquire Licensing RightsSummary Canadian dollar weakens 0.1% against the greenbackTrades in a range of 1.3572 to 1.3623Price of U.S. oil settles 2.9% lower10-year yield eases 6.1 basis pointsTORONTO, Oct 11 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Wednesday, giving back some recent gains, as oil prices fell and investors turned attention to a key U.S. inflation report. On Tuesday, it touched its strongest intraday level since Oct. 2 at 1.3567, supported by a drop in bond yields globally and higher oil prices after conflict broke out over the weekend in the Middle East. I think that's one of the reasons that CAD is a little weaker today," said Erik Bregar, director, FX & precious metals risk management at Silver Gold Bull. U.S. crude oil futures settled 2.9% lower at $83.49 a barrel after top OPEC producer Saudi Arabia pledged to help stabilize the market.

Persons: Mark Blinch, Price, Erik Bregar, Bregar, clawing, Fergal Smith, Jonathan Oatis Organizations: REUTERS, greenback, U.S, Bull, Saudi, Federal Reserve, Thomson Locations: Toronto, TORONTO, U.S, Saudi Arabia, Thursday's U.S

☆ Yen gets reprieve as dollar dented by private payrolls report
▼ + stars: | 2023-10-05 | by ( Brigid Riley | ) www.reuters.com time to read: +3 min

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. Having come off its nearly 11-month high, the dollar index , which tracks the greenback against six peers, held near overnight levels, settling at around 106.55. Longer dated U.S. Treasury yields eased from 16-year highs after the data and remained lower in the Asian day. Besides the lower U.S. Treasury yields, the yen also drew support from an overnight drop in oil prices, said Kyle Rodda, markets analyst at Capital.com, though he added that it was likely to be a "short-term reprieve." The Australian dollar fetched $0.63655 , up over 0.6%, while the kiwi was up around 0.5% to $0.59445 against the greenback.

Persons: Florence Lo, Moh Siong Sim, Shunichi Suzuki, Kyle Rodda, Rodda, Brigid Riley, Gerry Doyle, Simon Cameron, Moore Organizations: U.S, REUTERS, Rights, Treasury, Federal Reserve, ADP, Bank of Singapore, Bank of, Japan, Finance, Japanese Finance Ministry, Sterling, Australian, greenback Locations: U.S, Bank of Japan, Tokyo, OPEC

SINGAPORE, Oct 5 (Reuters) - Oil prices inched up on Thursday, clawing back some of the previous session's big losses after an OPEC+ panel maintained oil output cuts to keep supply tight, though an uncertain demand outlook capped gains. Brent crude oil futures were 63 cents higher at $86.44 a barrel at 0335 GMT, while U.S. West Texas Intermediate crude (WTI) rose 49 cents to $84.71. The latest data also showed a sharp decline in U.S. gasoline demand. Finished motor gasoline supplied, a proxy for demand, fell last week to about 8 million bpd, its lowest since the start of this year, the U.S. Energy Information Administration (EIA) reported on Wednesday. Oil prices will struggle to push higher given the more uncertain demand outlook, along with weaker U.S. economic data released on Wednesday and a significant build in gasoline inventories, he added.

Persons: clawing, Jun Rong, Katya Golubkova, Sonali Paul, Jamie Freed Organizations: Brent, U.S, West Texas, of, Petroleum, National Australia Bank, U.S . Energy Information Administration, IG, Thomson Locations: SINGAPORE, OPEC, Russia, Saudi Arabia, U.S, Tokyo, Singapore

☆ Yen gets some relief as dollar pulls back after private payrolls report
▼ + stars: | 2023-10-05 | by ( Brigid Riley | ) www.reuters.com time to read: +3 min

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. The dollar index , which tracks the greenback against six peers, held near overnight levels at 106.53. Longer dated U.S. Treasury yields eased from 16-year highs after the data and remained lower in the Asian morning. Elsewhere, the euro was up 0.18% so far in Asia at $1.0524 , keeping above this week's fresh low of $1.0448. The Australian dollar fetched $0.6361 , up over 0.5% in early trade, while the kiwi similarly ticked up 0.5% to $0.5943 against the greenback.

Persons: Florence Lo, Moh Siong Sim, Shunichi Suzuki, Kyle Rodda, Sterling, Brigid Riley, Gerry Doyle, Simon Cameron, Moore Organizations: U.S, REUTERS, Rights, Treasury, Federal Reserve, ADP, Bank of Singapore, Bank of, Japan, Finance, Australian, greenback, Thomson Locations: U.S, Bank of Japan, Tokyo, Asia

☆ Oil prices tick up after OPEC+ panel maintains output cuts
▼ + stars: | 2023-10-05 | by ( ) www.cnbc.com time to read: +2 min

The Equinor ASA offshore oil drilling platform on Johan Sverdrup oil field in the North Sea off the coast of Norway, on Monday, Feb. 13, 2023. Oil prices inched up in early trade on Thursday, clawing back some of the previous session's big losses after an OPEC+ panel maintained oil output cuts to keep supply tight amid concern about a looming slump in global economic growth. Brent crude oil futures were up 11 cents to $85.92 a barrel while U.S. West Texas Intermediate crude rose 7 cents to $84.29 at 0040 GMT. Oil prices settled down more than $5 on Wednesday as a bleaker macroeconomic outlook and fuel demand destruction came into focus, following a meeting of an OPEC+ panel, grouping the Organization of the Petroleum Exporting Countries and allies led by Russia. "We continue to see the market in deficit through the fourth quarter and the softer prices reduce the probability OPEC will ease supply constraints," National Australia Bank analysts said in a note.

Persons: Johan Sverdrup, clawing, Brent, JPMorgan Organizations: ASA, West Texas, of, Petroleum, National Australia Bank Locations: North, Norway, OPEC, Russia, Saudi Arabia, U.S

European stocks (.STOXX) tumbled as much as 0.6% before clawing back some ground, with indexes in France (.FCHI) and Germany (.GDAXI) both posting losses. Thirty-year Treasury yields also rose above 5% for the first time since August 2007. Earlier, MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) had fallen 1.3%, its second straight daily drop of over 1%. In commodity markets, the stronger dollar has helped put the brakes on oil prices and higher yields have weighed on gold. Reporting by Tom Wilson and Tom Westbrook; Editing by Simon Cameron-Moore and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Issei Kato, Sandrine Perret, it's, Mel Siew, Kit Juckes, Tom Wilson, Tom Westbrook, Simon Cameron, Moore, Mark Potter Organizations: U.S ., Nikkei, REUTERS, LONDON, Bank of Japan, Muzinich, Co, THE, Federal, Treasury, Brent, . West Texas, Thomson Locations: Tokyo, Japan, SINGAPORE, France, Germany, Unigestion, Asia, Pacific, Singapore

☆ Some of America's richest people are just not paying their taxes — and millionaires alone could owe up to $34 billion
▼ + stars: | 2023-10-04 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

New IRS data shows that some of America's highest earners are just not paying taxes. Sen. Ron Wyden of Oregon requested data from the IRS on taxpayers who are not filing returns. Nearly 1,000 taxpayers making over $1 million aren't paying up and could owe billions. AdvertisementAdvertisementThe average American taxpayer pays $16,615 in income taxes annually — but for some of the wealthiest Americans, that number is zero. Nearly 1,000 taxpayers who make over $1 million annually didn't file taxes multiple times from 2015 to 2020, according to an IRS memo viewed by Insider.

Persons: Sen, Ron Wyden, —, they're, they've, Wyden, Danny Werfel, you'll Organizations: IRS, Service, Finance, Congressional Republicans, Treasury Department, Department of, Treasury, Harvard University, University of Sydney, Biden, Republican Locations: Oregon

☆ Ryder Cup: ‘Fleetwood Mac’ helps Europe soar to dream start, rocking US with opening sweep
▼ + stars: | 2023-09-29 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

CNN —The pairing dubbed “Fleetwood Mac” sealed a start of dreams for Europe at the Ryder Cup, completing a landslide rout in the Friday morning foursomes sessions. “It’s been an unbelievable session,” McIlroy told Sky Sports. “We were ready to go from the first tee shot as obviously you can see in how everyone played.”Crowds pack the first tee grandstand to watch McIlroy tee off. “Hats off to the European team. Team USA will be hoping for an inverse of the Solheim Cup last week, where Europe suffered an unprecedented opening sweep before clawing their way back dramatically to retain the trophy.

Persons: “ Fleetwood Mac ”, Tommy Fleetwood, Rory McIlroy, Xander Schauffele, Patrick Cantlay, Marco Simone Golf, Luke Donald, Jon Rahm, Tyrrell Hatton, Scottie Scheffler, Sam Burns, Viktor Hovland, Ludvig Aberg, Max Homa, Brian Harman, Shane Lowry, Sepp Straka, Rickie Fowler, Collin Morikawa, McIlroy, Fleetwood, “ It’s, ” McIlroy, we’ve, “, David Cannon, Zach Johnson, ” Johnson, “ I’ve, I’ve, ” Morikawa, Fowler, Lowry, Straka, Jamie Squire, Spain’s Rahm dovetailed, Hatton, Burns, Rahm, Aberg –, –, Homa, Harman, ” Aberg, ”, Hovland, Patrick Smith, Ireland’s Lowry, Austria’s, Morikawa Organizations: CNN, Ryder, Marco Simone Golf Club, USA, foursomes, Sky Sports, Team USA, Northern, Fleetwood, Solheim Locations: Europe, Whistling, Swedish, Rome, Northern Irish

[1/3] Azerbaijan's President Ilham Aliyev arrives for a meeting of the Supreme Eurasian Economic Council in Moscow, Russia May 25, 2023. "The stars aligned for certain reasons and President Aliyev saw the alignment," said Suleymanov, who previously worked in Aliyev's office. "President Aliyev is completing something that his father could not do because he ran out of time," said one of the sources, who requested anonymity because they were not authorised to give comments to the media. Aliyev's father, then President Heydar Aliyev, was forced to agree to a ceasefire that cemented Armenia's victory. "President Aliyev has delivered the testament of his father," said Suleymanov, the ambassador to Britain.

Persons: Ilham Aliyev, Ilya Pitalev, Aliyev, Elin Suleymanov, Suleymanov, Hikmet Hajiyev, Hajiyev, Nikol Pashinyan, Pashinyan, Aliyev's, Heydar Aliyev, Ilham, Heydar, Vladimir Putin, Putin, David Babayan, Babayan, Andrew Osborn, Frank Jack Daniel Our Organizations: Economic Council, Sputnik, REUTERS, Reuters, Reuters Graphics, Kremlin, Russia, Karabakh, Baku, Armenian, European Commission, Armenia, West, Moscow, Karabakh Armenian, Thomson Locations: Moscow, Russia, Kremlin, Azerbaijan, Karabakh, Armenia, West, Britain, Baku, Caucasus, Iran, Turkey, Ukraine, Russian, Washington, Soviet, Stepanakert

☆ Dollar reigns as Europe's central banks spring some surprises
▼ + stars: | 2023-09-21 | by ( Marc Jones | ) www.reuters.com time to read: +5 min

"It punctures the balloon on terminal rates and also creates more second guessing on the quality of the (economic) landings". With a crucial Bank of Japan meeting still to come this week, Japan's 10-year government bond yield rose to its highest in a decade. Ben Luk, senior multi-asset strategist at State Street Global Markets said the overall tone of the Fed's meeting on Wednesday, while not overly hawkish, included two surprises. The median forecast for the federal funds rate is 5.1% by year-end, up from 4.6% estimated in June. Additional reporting by Xie Yu in Hong Kong Editing by Shri Navaratnam and Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Persons: BoE, Bond, John Hardy, Hardy, Goldman Sachs, Tom Hopkins, Ben Luk, Wall, Brent, clawing, Gold, Xie Yu, Shri Navaratnam, Tomasz Janowski Organizations: Sterling, Swiss, U.S . Federal Reserve, Dealers, Swiss National Bank, Bank of England, Saxo Bank, BRI Wealth Management, Treasury, Reuters Graphics, Apple, Nvidia, Japan's Nikkei, of Japan, State Street Global Markets, Thomson Locations: Europe, Britain, Sweden, Norway, Turkey, U.S, Asia, Pacific, Japan, Saudi Arabia, Russia, Hong Kong

☆ The UK is delaying the switch to electric cars. Automakers are furious
▼ + stars: | 2023-09-20 | by ( Hanna Ziady | ) edition.cnn.com time to read: +6 min

A relaxation of 2030 would undermine all three,” Ford (F) UK chair Lisa Brankin said in a statement. “We and the whole automotive industry [need] clarity on the [EV] topic,” the German carmaker said in a statement shared with CNN. ‘Confusion’ will delay switch to EVsThe UK auto industry has been clawing its way back from rock bottom after car manufacturing hit a 66-year low in 2022. Reducing emissions from road transport “is the only way that you will achieve net zero,” Hawes told the BBC. The government’s own independent adviser on climate policy, the Climate Change Committee shares that view.

Persons: carmakers, Rishi Sunak, Sunak, “, ”, Sunak’s, ” Ford, Lisa Brankin, Brankin, carmaker, Mike Hawes, ” Hawes, Jobs, Sadiq Khan, ” Sunak, “ We’re, Alok Sharma, Simon Clarke, EVs, — Gemma Blundell, Doyle, Anna Cooban, Laura Paddison, Rob Picheta Organizations: London CNN, BMW, Oxford, Swindon, CNN, Fiat, Peugeot, Fiat Chrysler, France’s, India’s Tata Group, Society of Motor Manufacturers, Traders, BBC, Conservative Party, Labour Party’s London, Conservative Locations: Germany, France, Spain, Italy, Canada, Sweden, Ellesmere Port, Liverpool, Britain, London, Glasgow

A woman walks past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. REUTERS/Jason Lee/File Photo Acquire Licensing RightsSept 19 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. China is expected to keep benchmark lending rates unchanged on Wednesday, grabbing the spotlight in Asia as the relentless rise in oil prices toward $100 a barrel seeps deeper into investor sentiment globally. Rates futures markets are pricing in a 30% likelihood of a quarter point hike in November or 40% chance it will be in December. China's central bank is expected to stand pat on rates as fresh signs of economic stabilization and a weakening yuan constrain put the brakes on further monetary easing efforts, at least for now.

Persons: Jason Lee, Jamie McGeever, Jerome Powell, Josie Kao Organizations: People's Bank of China, REUTERS, Reuters, 78th United Nations General Assembly, Investors, United Nations, Thomson Locations: Beijing, China, Asia, Japan, Taiwan, South Korea, New, New York

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