Business

Euro zone inflation surges more than expected, keeping pressure on ECB to hike rates

Friday, October 2 by SRN News

By Balazs Koranyi FRANKFURT, Oct 2 (Reuters) - Euro zone inflation surged more than expected in September and is likely to increase further in the coming months on soaring energy costs, keeping pressure on the European Central Bank to raise interest rates and governments to... Read More.

US dollar strength to fizzle, FX forecasters unmoved by searing rally: Reuters poll

Friday, October 2 by SRN News

By Sarupya Ganguly BENGALURU, Oct 2 (Reuters) - The US dollar will give up most of its recent gains over the coming year according to FX strategists polled by Reuters who made only minor revisions to long-held weak dollar views despite a rally of more... Read More.

Alaska Airlines takes its battle for Seattle with Delta overseas

Friday, October 2 by SRN News

By Rajesh Kumar Singh CHICAGO, Oct 2 (Reuters) - Alaska Airlines is taking its decade-long Seattle battle with Delta Air Lines overseas, deploying the widebody jets it acquired with Hawaiian Airlines to go head-to-head for premium international travelers. For much of its history, Alaska made money... Read More.

Morning Bid: Yield to worst

Friday, October 2 by SRN News

By Anna Szymanski Oct 2 (Reuters) - The third quarter of 2026 won't be forgotten soon - even if bond investors might prefer to. The last three months have seen government bond yields hit multi-decade highs, diesel prices reach all-time peaks and crude prices rise... Read More.

BlackRock expects to sustain asset growth in Brazil regardless of election outcome

Friday, October 2 by SRN News

By Paula Arend Laier SAO PAULO, Oct 2 (Reuters) - BlackRock, the world's largest asset manager, expects to maintain around 30% growth in assets under management in Brazil next year, regardless of the result of this month's general election, the firm's lead executive in the... Read More.

Exclusive-Europe weighs new diesel stocks release after US pressure, sources say

Friday, October 2 by SRN News

By Kate Abnett BRUSSELS, Oct 2 (Reuters) - European Union countries discussed a French proposal on Friday to release diesel stocks in response to US pressure to help cool surging fuel prices, two sources familiar with details of the discussion told Reuters. The proposal, discussed on... Read More.

Novartis signs mRNA deal for about $7.8 billion with China’s Abogen

Friday, October 2 by SRN News

Oct 2 (Reuters) - Chinese biotech company Abogen said on Friday it signed a licensing deal worth about $7.8 billion with Swiss drug maker Novartis to advance RNA-based therapy. Novartis will gain exclusive rights to Abogen's experimental drug, ABO2203, and options to license other therapies... Read More.

ECB’s Rehn says soaring yields may curb inflation impact of expensive energy

Friday, October 2 by SRN News

FRANKFURT, Oct 2 (Reuters) - Energy prices are approaching the European Central Bank's "adverse" scenario, but soaring long-term borrowing costs limit just how much of this inflation can be transmitted through to the broader economy, Finnish central bank chief Olli Rehn said on Friday. Inflation... Read More.

Airbus deliveries top 70 aircraft in September, sources say

Friday, October 2 by SRN News

PARIS, Oct 2 (Reuters) - Airbus deliveries reached slightly over 70 aircraft in September after a last-minute sprint to narrow previous delays, industry sources said. Airbus declined comment on the provisional delivery total ahead of a monthly industrial bulletin due on October 8. (Reporting by... Read More.

Volvo Cars warns of weaker sales, cash flow

Friday, October 2 by SRN News

STOCKHOLM, Oct 2 (Reuters)it - Sweden-based Volvo Cars said on Friday it will not fulfil its previous full-year outlook statements on volume and cash flow due to an increasingly challenging market situation and deteriorating near term outlook. Volvo Cars said the market situation had resulted... Read More.

Current Weather

Euro zone inflation surges more than expected, keeping pressure on ECB to hike rates

US dollar strength to fizzle, FX forecasters unmoved by searing rally: Reuters poll

Alaska Airlines takes its battle for Seattle with Delta overseas

Morning Bid: Yield to worst

BlackRock expects to sustain asset growth in Brazil regardless of election outcome

Exclusive-Europe weighs new diesel stocks release after US pressure, sources say

Novartis signs mRNA deal for about $7.8 billion with China’s Abogen

ECB’s Rehn says soaring yields may curb inflation impact of expensive energy

Airbus deliveries top 70 aircraft in September, sources say

Volvo Cars warns of weaker sales, cash flow

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