8:00 - 19:00

Working hours MON. - FRI.

European stocks end lower on virus, policy jitters By Reuters

By Sruthi Shankar and Ambar Warrick (Reuters) -European shares ended lower on Thursday after data showed faltering German consumer morale amid rising COVID-19 cases, while investors fretted over U.S. monetary policy ahead of the Jackson Hole symposium. The pan-European STOXX 600 index fell 0.3%, with mining and travel & leisure stocks leading losses. The STOXX 600 had briefly deepened its losses towards the close, tracking a fall in U.S. stocks after sentiment was rattled by a blast in Kabul. (N) Anticipation of the U.S. Federal Reserve's annual Jackson Hole summit on Friday kept investors...

Подробнее

Virtual Jackson Hole Underscores Uncertainty in Fed’s Next Steps By Bloomberg

(Bloomberg) -- Having already dashed plans for Federal Reserve officials to meet in person in Jackson Hole this week, rising coronavirus cases are now limiting what Jerome Powell can say about what comes next for U.S. monetary policy. The Fed chair will speak at 10 a.m. Washington time Friday and is expected to reinforce the message that it will probably be appropriate to begin scaling back the Fed’s $120-billion-a-month bond-buying program by the end of the year. But the abrupt change of conference plans -- the Wyoming gathering’s host shifted the format on Aug. 20 --...

Подробнее

EU Commission warns negative changes to UK data rules may jeopardise data deal By Reuters

BRUSSELS (Reuters) - The European Commission said on Thursday it was monitoring closely proposed changes to Britain's data laws and warned that negative developments could lead to the suspension or termination of a data deal with the 27-country European Union. "In case of problematic developments that negatively affect the level of protection, the adequacy decision can be suspended, terminated or amended at any time by the Commission," a Commission spokesperson told a daily news conference. UK digital minister Oliver Dowden said earlier on Thursday the government aims to reform UK data laws so that they...

Подробнее

ECB accounts show extensive debate over rate guidance By Reuters

FRANKFURT (Reuters) -European Central Bank policymakers changed the bank's proposed interest rate guidance on several key points to soothe an extensive range of concerns and objections, the accounts of their July 22 meeting showed on Thursday. Policymakers appeared especially worried that various formulations under consideration would imply an intentional overshoot of the bank's 2% inflation target, or force the ECB into an unreasonably long policy commitment that could impair its credibility. In the end, policymakers agreed on a compromise proposal that essentially promises a longer period of unchanged or lower interest rates, and ties the first...

Подробнее

UK recruiter Hays resumes dividends after ‘dramatic’ recovery By Reuters

By Aby Jose Koilparambil (Reuters) -British recruitment agency Hays said on Thursday it will resume dividend payouts that it paused last year because of the pandemic, betting on a stronger than expected recovery in the job market. Hays, Britain's biggest publicly listed recruiter, said the year ended June 30 began in "arguably the toughest macroeconomic backdrop" it ever faced as hiring slowed because of the COVID-19 crisis, but that recruitment began to pick up from the second half. "Overall, the strength of the recovery has been dramatic," Chief Executive Alistair Cox said in a statement. "We...

Подробнее

Deutsche fund arm faces US probe over sustainable investments By Reuters

FRANKFURT (Reuters) -The U.S. Securities and Exchange Commission is investigating Deutsche Bank (DE:DBKGn)'s asset manager DWS over how it used sustainable investing criteria to manage its assets, two people with knowledge of the matter said on Thursday. The news, first reported by The Wall Street Journal, sent DWS shares down almost 13% in morning trade. The two people spoke to Reuters on condition of anonymity because they were not authorized to discuss ongoing investigations. DWS and Deutsche Bank declined to comment. If it progresses, the case will be watched closely by the asset...

Подробнее

Air New Zealand suspends 2022 outlook as borders stay closed By Reuters

(Reuters) - Air New Zealand Ltd suspended its earnings outlook for fiscal 2022 on Thursday and posted a bigger annual loss as closed international borders impair the carrier's ability to recover from the pandemic. The airline's domestic market had recovered strongly due to the country's control of COVID-19 and it posted a bounce in Australian traffic when a quarantine-free travel bubble was in operation, but that was suspended last month. Air New Zealand reported a 36% fall in passengers carried during the financial year 2021 compared with a year earlier, which had been less affected by...

Подробнее

Analysis-Investors see no speed bump in Fed’s Jackson Hole event By Reuters

By Karen Pierog and Saqib Iqbal Ahmed CHICAGO/NEW YORK (Reuters) - Despite weeks of anticipation, investors have lowered their expectations for Friday's Jackson Hole event https://www.reuters.com/world/us/feds-jackson-hole-shift-shows-delta-variants-ability-skew-plans-2021-08-23, saying that U.S. Federal Reserve Chair Jerome Powell has little reason to rock the boat. Some market-watchers had seen the conference as a potentially key moment when Powell could give hints about tapering https://www.reuters.com/world/us/fed-minutes-likely-detail-bond-buying-taper-talks-inflation-worries-2021-08-18 the Fed's $120 billion in monthly asset purchases that have propped up the market after COVID-19 hit. However, with a consensus still forming among Fed members on when to taper, some see scant market-moving revelations by...

Подробнее

German consumer morale drops heading into September- GfK By Reuters

BERLIN (Reuters) - The mood among German consumers darkened heading into September as accelerating inflation and rising COVID-19 cases made them more hesitant to buy, a survey showed on Thursday. The GfK institute said its consumer sentiment index, based on a survey of around 2,000 Germans, dropped to -1.2 points for September, from a revised -0.4 points a month earlier. The reading compared with a Reuters forecast for -0.7. "Prices have been rising rapidly since the middle of this year. This has a dampening effect on the consumer mood," GfK consumer expert Rolf Buerkl said in...

Подробнее

UK pursuing data partnerships with U.S. and others By Reuters

LONDON (Reuters) -Britain said on Thursday it was pursuing data partnerships with countries including the United States, Australia, South Korea and other fast-growing markets to break down barriers and boost trade after Brexit. Data adequacy partnerships mean organisations would not have to implement costly compliance measures to share personal data internationally when doing business, the digital ministry said in a release. Britain completed its departure from the European Union's orbit at the end of 2020, giving the government the powers to strike trade agreements with other nations around the world. "It means reforming...

Подробнее
ru_RURussian