By Yoruk Bahceli LONDON, Dec 8 (Reuters) – By Yoruk Bahceli, markets correspondent What matters in U.S. and global markets today The Federal Reserve meeting is fast approaching on Wednesday – and the stakes are high. Rising bets for a December cut seem to have saved equities from AI jitters for now. But the effect …
(This December 6 story has been repeated with no changes to the text.) By Dawn Chmielewski and Milana Vinn LOS ANGELES/NEW YORK, Dec 5 (Reuters) – What started as a fact-finding mission for Netflix culminated in one of the biggest media deals in the last decade and one that stands to reshape the global entertainment …
Exclusive-How Netflix won Hollywood’s biggest prize, Warner Bros Discovery Read More »
By Howard Schneider WASHINGTON, Dec 8 (Reuters) – The U.S. Federal Reserve’s meeting this week will begin to set expectations for President Donald Trump’s upcoming nominee to lead the central bank, potentially leaving policymakers in a bind between inflation concerns shared broadly and Trump’s demands for interest rate cuts. A quarter-percentage-point rate cut seems a …
Fed could find itself in a bind as it sets the stage for Powell’s successor Read More »
By Doyinsola Oladipo NEW YORK, Dec 7 (Reuters) – American Airlines filed a notice of appearance in Spirit Aviation bankruptcy proceedings and requested to receive all notices and papers served moving forward, according to a court filing. In August, Spirit filed for bankruptcy for a second time as it grappled with dwindling cash reserves and mounting …
American Airlines requests notices in Spirit bankruptcy proceedings Read More »
By Jeff Mason WASHINGTON, Dec 7 (Reuters) – U.S. President Donald Trump said on Sunday that he would have a say whether a proposed merger between Netflix and Warner Brothers should go forward, telling reporters the market share of a combined entity could raise concerns. “I’ll be involved in that decision,” Trump told reporters as …
Trump says he’ll be involved in review of Netflix-Warner Brothers deal Read More »
By Lucila Sigal BUENOS AIRES, Dec 8 (Reuters) – Argentina, a major global food supplier, plans to supercharge its grain and mining exports with privatization and an ambitious modernization of its aging railway network, which industry leaders say will halve freight costs from regions far from ports. The first tender is for the Belgrano Cargas …
Argentina’s railway privatization dreams face long haul ahead Read More »
By Doyinsola Oladipo NEW YORK, Dec 6 (Reuters) – Allegiant Air’s pilots’ union is blocking the airline’s attempt to secure permanent residency for dozens of foreign pilots from Chile, Australia and Singapore, leaving their immigration status – and the company’s staffing – in limbo. The union has refused to certify to the U.S. Department of …
Pilots’ union blocks Allegiant Air bid to get US residency for foreign hires Read More »
Dec 7 (Reuters) – Robinhood Markets will acquire Indonesian brokerage firm Buana Capital Sekuritas and licensed digital asset trader Pedagang Aset Kripto, marking the retail trading platform’s entry into one of Southeast Asia’s major crypto hubs, the company said in a blog post on Sunday. Indonesia is among the world’s leading adopters of cryptocurrency, backed …
Robinhood to enter Indonesia with brokerage, crypto trader acquisition Read More »
By Oliver Griffin and Alexandre Meneghini SAO DOMINGOS DO NORTE, Brazil, Dec 6 (Reuters) – Amid the din of a chic coffee shop on Sao Paulo’s posh Oscar Freire Avenue, a barista pulls an atypical espresso. Extra creamy, with an aroma of cocoa nibs, the shot lacks the hallmark acidity prized in coffee made from …
Brazil robusta coffee growers push for quality amid rising prices and climate concerns Read More »
BRUSSELS, Dec 7 (Reuters) – Chief executives of large European companies are downbeat on Europe’s economic prospects, albeit less so than six months ago, and have become more bullish about investing in the U.S. than at home, according to a survey published on Sunday. The survey of the European Round Table for Industry, which comprises …
European CEOs downbeat on Europe, favour US investment, survey shows Read More »
