Factbox-Airlines suspend flights as Middle East tensions rise
(Reuters) -Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the ...
Alaska Air raises profit forecast on summer demand, outage-linked bookings
Last week, peer JetBlue raised its third-quarter revenue forecast, citing a benefit from outage-related re-bookings. Alaska Air now expects its current-quarter profit per share to be in the range of ...
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Zimbabwe blueberry farmers chase booming demand but face funding woes
HARARE (Reuters) - Zimbabwean farmers aim to capitalize on increasing global demand for blueberries, but self-funded growers ...
Receiving swaps to get more profitable than adding bonds in India, BNP Paribas exec says
"The INR swaps rally more in policy a rate cutting cycle and outperform versus bonds as we have seen historically," Chandresh Jain, Asia rate and FX strategist, global markets at BNP Paribas told ...
Turkey seeks international arrest warrants over citizen killed in West Bank
ISTANBUL (Reuters) - Turkey has opened an investigation into the death of a Turkish-American activist believed to have been shot by Israeli troops in the occupied West Bank and will request ...
Morning bid: Tech stocks cue rally while ECB looms
The much anticipated U.S. inflation report overnight showed that the core CPI rose 0.28% in August, slightly above a forecast ...
Bank of Korea board member says growth, financial stability are key to rate cuts
A board member of South Korea's central bank said economic growth and financial stability are key factors for the monetary ...
A Trump 2.0 wrinkle for U.S.-China relations: sanctions on U.S. officials
The U.S. had sanctioned former Chinese Defense Minister Li Shangfu, creating a months-long impasse in 2023 during which China refused meetings with U.S. Defense Secretary Lloyd Austin. The issue was ...
European banks rise as UniCredit's move on Commerzbank lifts M&A prospects to forefront
(Reuters) - Shares in European banks continued their upward trend on Thursday, mostly driven by the read-across from UniCredit's sweep to buy a 9% stake in Germany's Commerzbank (ETR: CBKG) a day ...
US household rent burden unchanged last year, varied by race, Census says
Despite the jump in rental costs, the share of renter income spent on rent and utilities stayed at 31.0% at the median last ...
UBS Asset Management cuts exposure to corporate bonds in global portfolios on growth risks
LONDON (Reuters) - UBS Asset Management has been selling corporate bonds in its global portfolios during market rallies, a senior fund manager said, citing concerns that a slowing economy or the ...
Potential return of Trump fuels concern among emerging market investors
Working in India's favour are attractive demographics, the potential for long-term growth, a market-friendly government, and "being in the right place at the right time" to benefit from the China+1 ...