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(Reuters) -Investment firm Carlyle Group has partnered with U.S. banking giant Citigroup to provide asset-backed financing to fintech lenders, the companies said on Thursday. As part of the partnership, Carlyle and Citi will share market intelligence, and explore co-investment and financing opportunities, the companies added. The rise of fintech lending, fueled by convenient application processes …

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(Reuters) -Investment firm Carlyle Group has partnered with U.S. banking giant Citigroup to provide asset-backed financing to fintech lenders, the companies said on Thursday. As part of the partnership, Carlyle and Citi will share market intelligence, and explore co-investment and financing opportunities, the companies added. The rise of fintech lending, fueled by convenient application processes …

Carlyle teams up with Citi to invest in fintech lenders Read More »

WASHINGTON (Reuters) -U.S. producer prices increased less than expected in May, restrained by lower costs for services like air fares. The producer price index for final demand rebounded 0.1% last month after a revised 0.2% decline in April, the Labor Department’s Bureau of Labor Statistics said on Thursday. Economists polled by Reuters had forecast the …

US producer prices rebound less than expected in May Read More »

(Reuters) – JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the low-to-mid $60s through 2025 and $60 in 2026, but said certain worst-case scenarios could send prices surging to double those levels. U.S. President Donald Trump said on Wednesday the United States was moving …

JP Morgan maintains 2025 forecast for oil prices in low-to-mid $60s Read More »

By Mike Dolan LONDON (Reuters) -What matters in U.S. and global markets today I’m excited to announce that I’m now part of Reuters Open Interest (ROI), an essential new source for data-driven, expert commentary on market and economic trends. You can find ROI on the Reuters website, and you can follow us on LinkedIn and X.  Intro Not …

Morning Bid: Oil pops, dollar drops Read More »

By Liam Mo and Brenda Goh BEIJING (Reuters) -Synopsys has resumed offering some services in China, relaxing a suspension it implemented earlier this month to comply with new U.S. export curbs, a source with direct knowledge of the matter told Reuters. As tensions flared between the world’s two largest economies last month, Washington ordered a …

Synopsys restarts some China services, sales of core tools still blocked, source says Read More »