Weaker Chinese yuan talk raises spectre of FX race to the bottom
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) – High-level discussions in China about allowing its currency to weaken next year underscore the risk for investors and companies that big…
As oil prices continue bumpy ride, UBS turns more constructive amid demand hopes
Invesing.com — Crude oil prices had a rocky ride this year as concerns about oversupply and timid demand remained front and center, with boosts from geopolitical tensions proving fleeting, but…
Dollar higher after CPI; China considers letting yuan weaken
By Hannah Lang NEW YORK (Reuters) -The dollar was higher on Wednesday after U.S. price data came in line with forecasts, reinforcing expectations the U.S. Federal Reserve will cut interest…
Oil settles up $1 as EU agrees further sanctions threatening Russian oil flows
By Georgina McCartney (Reuters) -Oil prices settled more than $1 higher on Wednesday after the European Union agreed to an additional round of sanctions threatening Russian oil flows that could…
Data Management Challenges Lead 79% of Financial Firms to Increase Budgets
For too long, financial firms have relied on outdated data systems that undermine efficiency and inflate costs. Despite the effort to harness better technology like artificial intelligence, many institutions struggle…
Oil rises $1 as EU agrees further sanctions threatening Russian oil flows
By Georgina McCartney (Reuters) -Oil prices rose more than $1 on Wednesday after the European Union agreed to an additional round of sanctions threatening Russian oil flows that could tighten…
Yellen says US will ‘react strongly’ to any currency manipulation
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that the U.S. will “react strongly” when countries try to manipulate their currencies for competitive advantage,…
Exxon wants to extract its value from Hess Guyana assets, CEO says
HOUSTON (Reuters) – Exxon Mobil (NYSE:XOM) want to “participate” in Hess Corp (NYSE:HES).’s sale of its Guyana oil production assets, and extract value from the work it has put into…
Oil rises 1% as EU agrees further sanctions threatening Russian oil flows
By Georgina McCartney (Reuters) -Oil prices rose more than 1% on Wednesday after the European Union agreed an additional round of sanctions threatening Russian oil flows, while a larger-than-expected build…
Hungary, Slovakia seek to overcome US sanctions impact on Russian gas payments
BUDAPEST (Reuters) – Hungary and Slovakia are seeking ways to make payments for Russian gas that were thrown into uncertainty by new U.S. sanctions on Russia’s Gazprombank, officials said on…
