By Sarupya Ganguly BENGALURU, Oct 7 (Reuters) – US Treasury yields are forecast to fall over coming months, according to fixed income strategists in a Reuters poll who clung to their long-held view despite the benchmark 10-year yield recording its biggest quarterly jump since 1994.…
By Giulio Piovaccari TURIN, Italy, Oct 7 (Reuters) – When John Elkann first started thinking seriously about an electric Ferrari a decade ago, the prompt came from an unlikely source: a walk with Amazon founder Jeff Bezos, the Ferrari chairman said on Wednesday. That conversation eventually led…
Oct 7 (Reuters) – Wall Street’s main indexes opened lower on Wednesday as Treasury yields and oil prices rose again, keeping investors cautious as they awaited the minutes of the Federal Reserve’s September meeting. The Dow Jones Industrial Average fell 325.06 points, or 0.63%, at…
By Alan Baldwin LONDON, Oct 7 (Reuters) – LIV Golf faces a challenge to retain key players as the professional men’s league restructures under Chapter 11 protection but it is a ‘very achievable hurdle in a short period of time”, the head of new investors…
Oct 7 (Reuters) – Biopharma company Halozyme said on Wednesday that a Dutch patent court ruled in its favor against Merck, ordering the drugmaker to halt the manufacture and sale of injectable Keytruda in eight European markets. Here are some details: • Halozyme said a…
By Mohammed Torokman BURQA, West Bank, Oct 7 (Reuters) – A Palestinian was killed on Wednesday during an Israeli settler attack while Palestinians were harvesting olives near the village of Burqa in the Israeli-occupied West Bank, the Palestinian health ministry said. The attack came amid…
By Hannah McKay BIRMINGHAM, Oct 7 (Reuters) – The leader of Britain’s opposition Conservatives, Kemi Badenoch, pledged on Wednesday to abolish inheritance tax on family homes and let couples pass on an additional £1 million ($1.3 million) without incurring the levy if the party wins…
LONDON, Oct 7 (Reuters) – Foreign investors pulled $26.3 billion out of emerging market stocks and bonds in September, the first monthly outflow since June, as a hawkish US Federal Reserve drove up yields and the dollar, a report by the Institute of International Finance…
DUBAI, Oct 7 (Reuters) – Transit routes in the Strait of Hormuz deemed illegal by Iran will soon be closed, an adviser to the Revolutionary Guards’ Commander told the semi-official Fars News Agency on Wednesday, referring to the southern pathway hugging Oman’s coast. Mohammadreza Naqdi…
By Krystal Hu Oct 7 (Reuters) – The US government and tech heavyweights Meta Platforms and Google parent Alphabet are joining nonprofit Biohub to build open datasets to train AI models for biological reasearch, bringing total investment in the effort to $1.8 billion, Biohub said…
