Italy's foreign minister called on the European Central Bank on Friday to reduce interest rates to weaken the euro, warning its strength was hurting his country's exporters. "An increasingly weak ...

PITTSBURGH, Oct. 23, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, has reached a definitive agreement to acquire 80% of FCP Fund Manager, L.P. (FCP), a ...

1400 GMT – Investors seeking alternatives to the dollar are preferring gold over other developed-market currencies, Insight Investment’s Francesca Fornasari says in a note. “This likely reflects the ...

Analysts at Goldman Sachs Group Inc. have cut their recommendation on euro-denominated high-grade bonds by banks to underweight, less than three months after ending their overweight on the sector.

FRANKFURT (Reuters) -Euro zone consumers have altered their consumption habits in anticipation of U.S. tariffs, moving away from American products and reducing discretionary spending, a study ...

NEW YORK, Sept 16 (Reuters) - The dollar fell across the board on Tuesday, hitting a four-year low against the euro, as investors firmed bets for a Federal Reserve interest rate cut this week. The ...

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Last week was a rollercoaster ride from start to finish, with the market closing on Friday. Equity markets initially showed weakness before being propped up by strong tech earnings mid-week. Central ...

And no, it wasn’t a V8. If asked to name the most outstanding quality of BMW’s E39 M5, most fans would point to its legendary V8 engine, a high-revving beast of a power plant that cemented this M5 as ...

A company backed by Deutsche Bank’s DWS Group, Dutch market maker Flow Traders Ltd. and financial services provider Galaxy Digital Inc. has issued a euro-denominated stablecoin, as competition in this ...