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Markets
Investors lose taste for top Burgundies and vintage Champagne
The market for top-end Burgundies, vintage Champagnes and other fine wines has soured this year, as higher interest rates and a slowdown in the Chinese economy catch up with the…
NZD/USD is piercing 0.6300 resistance ahead of the US PCE Prices Index
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The New Zealand Dollar bounces up and heads to levels…
Congo awaits first provisional election results after messy vote
© Reuters. Taxis drive along the street after the announcement by Congo's election board to postpone a presidential vote scheduled for Sunday by one week, in Kinshasa,…
BP: curtains for Looney should not open wide window of opportunity
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A board of directors at any company has certain important…
Gold price advances further as expectations over Federal Reserve rate cut bets deepen
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Gold price rises sharply above $2,050 as Fed’s rate cut…
US takes aim at financial institutions with new Russia sanctions authority
© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks during an interview in New York City, U.S., September 18, 2023. REUTERS/Shannon Stapleton/File Photo
By…
Economy still appears headed for recession, U.S. leading index signals
The numbers: The leading economic index declined 0.5% in November, falling for the 20th month in a row, and continued to signal a recession ahead.…
COP28: where do greener investors go from here?
In a packed conference hall in Dubai last week, hundreds of exhausted officials from every part of the world rose to their feet to cheer the result of the UN’s COP28 climate…
Dollar could still extend further weaker due to momentum and positioning in a low-volume market – MUFG
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The US Dollar Index (DXY) hit a new low not seen since…
Intel’s stock is on pace for its best quarter in 20 years
Intel Corp.’s
INTC,
+2.88%
stock is up 31.5% during the quarter, which would be its best performance since the third quarter of 2003, according…