Reuters US Economy

German commercial property prices drop 5.4% in 2024 in 4th year of declines

10 Feb 2025

FRANKFURT (Reuters) -German commercial property prices fell 5.4% in 2024, a fourth consecutive year of declines, but showed some signs of stabilisation, the VDP banking association said on Monday, as the country’s real estate sector tries to shake off its worst crisis in decades. The drop was smaller than the 10.2% fall in 2023 after …

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Fed nears QT crossroads as ‘excess liquidity’ evaporates: McGeever

10 Feb 2025

By Jamie McGeever ORLANDO, Florida (Reuters) -A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of the Federal Reserve’s balance sheet – ‘quantitative tightening’ – could trigger a potentially worrying decline in bank reserves. Federal Reserve Chair Jerome Powell has long insisted that the central bank’s …

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Take Five: Trump’s tariff flip-flops 

10 Feb 2025

(Reuters) -U.S. President Donald Trump’s fast-changing tariff decisions have super-charged market volatility and investor uncertainty, with little respite in prospect in the days ahead. There is plenty of potential for more Trump surprises on anything from tariffs to geopolitics, alongside the usual set events such as U.S. inflation data.  And investors are keenly watching one …

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Investors return to new-look Middle East, but Trump causes some concern

10 Feb 2025

By Marc Jones and Steven Scheer LONDON/JERUSALEM (Reuters) -A historic shake-up of the Middle East is starting to draw international investors, warming to the prospects of relative peace and economic recovery after so much turmoil. President Donald Trump’s proposal that the U.S. take over Gaza may have thrown a curveball into the mix, but the …

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Malaysia palm oil output resilient despite flood disruption, says MPOB

10 Feb 2025

KUALA LUMPUR (Reuters) – Malaysia’s palm oil production remained resilient despite potential disruption from floods that have hit several states in recent months, the Malaysian Palm Oil Board (MPOB) said on Monday. “While localised disruptions may occur due to temporary waterlogging and harvesting delays, the overall impact on the country’s production is expected to be …

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Glass Lewis backs all 3 Barington nominees in Matthews International fight

9 Feb 2025

By Svea Herbst-Bayliss NEW YORK (Reuters) – Proxy advisory firm Glass Lewis recommended that Matthews International shareholders elect all three of activist Barington Capital’s director nominees to the casket maker’s board, arguing that they would offer the company positive changes. Glass Lewis wrote in a report seen by Reuters on Sunday that Matthews’ 11-member board …

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Iran currency plunges to record lows amid escalating U.S. tensions

8 Feb 2025

DUBAI (Reuters) – Iran’s currency fell on Saturday to a new all-time low against the U.S. dollar after the country’s supreme leader rejected talks with the United States and President Donald Trump moved to restore his “maximum pressure” campaign on Tehran. The rial plunged to 892,500 to the dollar on the unofficial market on Saturday, …

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Matthews International disagrees with ISS recommendation on activist candidates

8 Feb 2025

(Reuters) – Matthews International said on Friday it strongly disagreed with proxy advisory firm Institutional Shareholder Services’ recommendation that shareholders elect all three of activist investor Barington Capital’s director nominees to the company’s board. On Thursday, ISS argued the nominees, including Barington founder James Mitarotonda, would bring valuable perspective to the casket maker’s 11-member board. …

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IMF sees Nicaragua economic growth cooling as pace of remittances fall

8 Feb 2025

(Reuters) – Nicaragua’s economy will likely grow at around 4% this year, similar to its expected 2024 expansion, due to prudent macro-economic polices as well as “high” remittances, according to a Friday report from the International Monetary Fund. The Central American economy grew by 4.6% in 2023. But the board report from the international lender …

IMF sees Nicaragua economic growth cooling as pace of remittances fall Read More »

Exclusive-Outsourcing firm Conduent fields buyout interest, sources say

7 Feb 2025

By Milana Vinn NEW YORK (Reuters) -Conduent, a business processing outsourcing firm that was spun out of Xerox, is exploring a sale after receiving acquisition interest, people familiar with the matter told Reuters on Friday. The Florham, New Jersey-based company is working with a financial adviser on its talks with potential acquirers, which include private …

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