Analysis-Forex derivatives nudged out into the open as regulations increase costs
(Reuters) – Foreign-exchange investors are moving more of their over-the-counter (OTC) derivatives trades to lookalike products on exchanges to avoid…
Crude oil lower; China rate cut fails to lift sentiment
Oil prices edged lower Tuesday, trading in a choppy fashion as traders digested the latest interest rate cut in China…
Deutsche Bank’s new retail boss primed for sector shake-up
(Reuters) – Deutsche Bank (ETR:DBKGn)’s new retail boss wants to get cyber-savvy youth into bank branches and put the bank…
Hyundai increases annual EV investment to $28B
Hyundai Motor (KS:005380) (OTC:HYMLY) announced Tuesday that the Korean multi-national automaker plans to raise its average annual investment in electrification…
Nike shares slide as Morgan Stanley highlights potential inventory challenges
Nike (NYSE:NKE) shares are down more than 2% premarket on the back of a note from Morgan Stanley that stated…
Citi says S&P 500 net positioning ‘most extended ever’
The U.S. stocks momentum remains extremely strong after the S&P 500 secured the first weekly close above 4400 in 14 months. Last…
Futures fall as hawkish Fed keeps investors on edge
(Reuters) – U.S. stock index futures fell on Tuesday as hawkish remarks from Federal Reserve officials last week kept investors…
UBS faces big penalty over Credit Suisse’s Archegos failings -FT
(Reuters) – UBS Group AG (SIX:UBSG) faces hundreds of millions of dollars in penalties over Credit Suisse’s mishandling of Archegos…
US judge orders Enbridge to shut down portions of Wisconsin pipeline within 3 years
(Reuters) – A U.S. judge has ordered Canadian energy company Enbridge (NYSE:ENB) to shutter portions of an oil pipeline that…
New Google lawsuit aims to curb fake business reviews
Reuters) – Alphabet (NASDAQ:GOOGL)’s Google on Friday sued a Los Angeles man and his companies in San Jose, California federal…