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Milan’s FTSE MIB closed largely unchanged at 49,071 on Tuesday, as oil prices declined sharply late in the session amid new efforts of de-escalation in the Middle East conflict. Sovereign yields eased, offering some relief to banks, although financials traded mixed amid discussions of a sector contribution to state fin
By Jamie McGeever ORLANDO, Florida, Oct 12 (Reuters) — Oil and fuel prices rose on Monday following weekend attacks on a Saudi airport, which had a varied impact on global stocks. Asia shares mostly fell, Europe shares rose, and Wall Street was mixed. The dollar continued its recent rally and hit an 18-month high, and
The FTSE MIB closed largely unchanged at 51,805 on Tuesday, weighed by heavyweight financials amid ongoing developments in Milan’s banking sector. Financials remained mixed following reports that Credit Agricole is studying a range of options to strengthen its business in Italy, including a potential acquisition of lon
LONDON, Sept 25 (Reuters) — European diesel refining margins fell sharply on Friday as regional inventories edged higher. Low-sulphur gasoil futures traded at $79.30 a barrel above Brent crude futures by 1640 GMT, $9.53 lower than the previous close. Margins hit a record high of nearly $95 on Wednesday after President
EXECUTIVE SUMMARY * MNI FED: Gov Barr: Base Case Is For Further Hikes: #83aa171c-7fc4-49fd-82f5-351bcb071d96 * MNI IRAN: Security Chief Says In No Rush To Negotiate: #5df7e2ac-e490-4920-91fd-84069fe559a3 * MNI IRAN: Pezeshkian Talks On Nuclear, Hormuz & US Stance In UN Address: #c9b6854d-8cab-47cb-8646-ce411062279c * M
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
The FTSE MIB closed largely unchanged at 51,555 on Tuesday, amid gains in defense and utilities while heavyweight financials were mixed amid ongoing merger talks. UniCredit fell 2.3% after holding talks with the German Finance Minister regarding its stake in Commerzbank. The Italian lender expects to take full ownershi
Kroger said second-quarter identical sales without fuel rose 0.2% and adjusted EPS was $1.09. The company also lowered full-year identical sales guidance without fuel to 0.2% to 0.8% while maintaining its adjusted operating profit outlook.