Nasdaq beats profit estimates on strong demand for investment products
(Reuters) – Nasdaq on Wednesday reported third-quarter profit that beat Wall Street estimates, helped by stronger demand for its indexes…
LinkedIn announces second major layoff this year amid restructuring
Microsoft (NASDAQ:MSFT)’s LinkedIn (NASDAQ:MSFT) is set for a second round of significant layoffs this year, affecting approximately 668 employees from…
Take Five: War and peace of mind
(Reuters) -Geopolitics are at the forefront of everyone’s minds after war broke out between Israel and Palestinian militant group Hamas,…
Pakistan set to meet some key targets set by IMF – central bank chief
(Reuters) – Pakistan’s central bank has met an end-September deadline for a forward book target of $4.2 billion agreed with…
China bans new offshore brokerage accounts in capital control move
(Reuters) – China has for the first time issued a notice prohibiting domestic brokerages and their overseas units from taking…
IMF: Sri Lanka’s talks with creditors ongoing, unaware of specific deals
(Reuters) – Discussions between Sri Lanka and all its creditors are ongoing, though the International Monetary Fund has not been…
Bank of England piles pressure on money market funds to bolster liquidity
(Reuters) – The Bank of England said on Tuesday that money market funds should hold “significantly” higher amounts of liquid…
World Bank explores expanding loan guarantees for private financing
(Reuters) – The World Bank on Monday said it is looking at ways to expand the guarantees it provides for…
Bank of Israel to sell up to $30 billion of forex to stabilise shekel
(Reuters) – The Bank of Israel said on Monday it will sell up to $30 billion of foreign currency in…
Futures down as Middle East conflict sparks run for safe-haven assets
(Reuters) – U.S. stock index futures slipped on Monday as a growing conflict between Israel and the Palestinian Islamist group…