Helene gains hurricane strength as it lashes Cuba, takes aim at Florida

By Rich McKay and Brendan O’Brien (Reuters) -Powerful storm Helene officially became a hurricane on Wednesday morning, the National Hurricane Center said, packing maximum sustained winds of 80 mph (130…

Bananas, cars, and clothes: US port labor dispute threatens range of products

(Reuters) -Some 45,000 union workers could walk off the job at seaports on the U.S. East and Gulf Coasts on Oct 1, cutting off vital trade arteries just weeks ahead…

Helene gains hurricane strength in Gulf of Mexico, threatens Florida

By Rich McKay and Brendan O’Brien (Reuters) -Tropical Storm Helene was poised to become a hurricane on Wednesday as it rapidly intensified in the eastern Gulf of Mexico, threatening to…

Trive South Africa Begins Onboarding CFD Clients in the Region

Trive South Africa has officially started onboarding derivatives trading clients, marking its entry into the competitive African financial markets. The company, which operates under a license from the Financial Sector…

Tropical Storm Helene expected to gain hurricane strength, threaten Florida

By Rich McKay and Brendan O’Brien (Reuters) – Tropical Storm Helene promised to become a hurricane on Wednesday as it rapidly intensified in the eastern Gulf of Mexico, threatening to…

Dollar hits 14-month low against euro, yuan dips

By Rae Wee and Linda Pasquini LONDON/SINGAPORE (Reuters) -The yen lost ground to major currencies on Wednesday, while the yuan hit its strongest level in over a year, as China’s…

US lawmakers seek to pay livestock farmers to use climate-friendlier practices

By Leah Douglas (Reuters) – Farmers in the United States who raise livestock in large industrial operations could get funding from President Joe Biden’s signature climate law to transition to…

OTC Derivatives vs ETPs: Which Is a Better Revenue Generator for CFDs Brokers?

Despite a tough financial year for some brokers, the demand for over-the-counter (OTC) derivatives and exchange-traded products remains strong, with contracts for differences (CFDs) and exchange-traded instruments driving significant growth…

Tropical Storm Helene to become hurricane, picking up steam in Gulf

By Rich McKay and Brendan O’Brien (Reuters) – Tropical Storm Helene promised to become a hurricane on Wednesday as it rapidly intensified in the eastern Gulf of Mexico, threatening to…

Retail Investors Flock to Stocks from Forex After Fed Rate Cut. Here’s Why

Global retail investors are significantly increasing their exposure to equities following the Federal Reserve’s (Fed) first interest rate cut in four years, according to new data from eToro. Riskier assets…