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News
JetBlue cuts capacity growth forecast on rising fuel costs, weather disruptions | The Mighty 790 KFGO | KFGO
2+ day, 17+ hour ago (241+ words) Sept 10 (Reuters) – JetBlue Airways cut its capacity growth forecast for the third quarter on Thursday after higher fuel costs and weather-related disruptions weighed on operations. The carrier, however, said healthy booking trends continued into September across peak and off-peak periods....
ECB’s Lagarde rejects French far-left leader’s debt-cancellation plan as ‘financially dangerous’
2+ day, 15+ hour ago (232+ words) BERLIN, Sept 10 (Reuters) – European Central Bank President Christine Lagarde on Thursday rejected French far-left leader Jean-Luc Mélenchon’s plan to cancel a portion of France’s national debt, calling it “financially dangerous” and legally impossible under EU law. Mélenchon has proposed cancelling…...
Cutting Canada tariffs alone won’t flatten US aluminum premium, Alcoa says
2+ day, 12+ hour ago (330+ words) Sept 10 (Reuters) – The steep premium paid for aluminum in the U.S. will not drop significantly even if Washington halves the tariffs on metal from neighboring Canada, because imports from other countries will still be needed, Alcoa’s finance chief said on…...
ECB hikes rates as Iran war adds to inflation angst
2+ day, 16+ hour ago (668+ words) LONDON, Sept 10 (Reuters) – The European Central Bank raised interest rates for the second time this year in a widely flagged move on Thursday, hoping to tame an inflation rise driven entirely by higher energy costs from the Iran war. The…...
ECB raises interest rates to fight off inflation jump
2+ day, 17+ hour ago (417+ words) FRANKFURT, Sept 10 (Reuters) – The European Central Bank raised interest rates for the second time this year in a widely flagged move on Thursday, hoping to tame an inflation rise driven entirely by higher energy costs from the Iran war. Surging…...
BOJ may be forced to hike rates rapidly if inflation accelerates, board member Masu says | The Mighty 790 KFGO | KFGO
3+ day, 2+ hour ago (245+ words) FUKUI, Japan, Sept 10 (Reuters) – The Bank of Japan may be forced to raise interest rates rapidly if inflation accelerates as the country’s financial conditions remain accommodative, board member Kazuyuki Masu said on Thursday. A recent spike in producer prices warrants…...
UK housing market slowdown is bottoming out, RICS says
3+ day, 6+ hour ago (265+ words) LONDON, Sept 10 (Reuters) – A slowdown in Britain’s housing market appears to be levelling off as measures of buyer demand and agreed sales moved away from recent lows, the Royal Institution of Chartered Surveyors said on Thursday. RICS said that its…...
US to ban Canadian dairy, alcohol, motor vehicle imports on September 29
4+ day, 5+ hour ago (41+ words) kfgo.com US to ban Canadian dairy, alcohol, motor vehicle imports on September 29 (Reporting by Ryan Jones and Gram Slattery; Editing by Christopher Cushing) Leave a Reply Cancel reply...
Oil nears $100 as fresh Middle East strikes raise supply risks | The Mighty 790 KFGO | KFGO
4+ day, 5+ hour ago (280+ words) By Sethuraman N R NEW DELHI, Sept 9 (Reuters) – Oil prices rose for the fourth straight session, gaining more than $1 in early trade on Wednesday after renewed attacks across the Middle East heightened worries about supply disruptions. Brent crude futures rose…...
UK sells 30-year debt at record yield, showing pressure on public finances
4+ day, 16+ hour ago (522+ words) LONDON, Sept 8 (Reuters) – Britain sold £4.25 billion ($5.75 billion) of 30-year bonds on Tuesday with the highest yield since comparable records began in 1998, as rising global borrowing costs cast a shadow over new finance minister John Healey’s plans for his first budget....