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U.S. yield curve flattens, stocks dip; possible December hike in focus
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Headlines
Thursday, 21 September
Wall St. lower as Apple, Fed view weigh
2h ago - (Reuters) - The three major U.S. indexes were trading lower on Thursday, scaling back from their record levels, weighed down by Apple and the Federal Reserve's indication to raise interest rates for third time despite low inflation.
Google bets anew on smartphones, pays $1.1 billion for HTC's Pixel division
12h ago - TAIPEI/SAN FRANCISCO (Reuters) - Alphabet Inc's (>> Alphabet) Google said it would pay $1.1 billion for the division at Taiwan's HTC Corp (>> HTC Corp) that develops the U.S. firm's Pixel smartphones - its second major foray into phone hardware after an earlier costly failure.
Rio Tinto to increase share buybacks by $2.5 billion
2h ago - LONDON (Reuters) - Rio Tinto (>> Rio Tinto(>> Rio Tinto Limited) will buy back an additional $2.5 billion (£1.85 billion) worth of its shares using the proceeds from selling coal assets, the miner said on Thursday.
Hedge funds bet on bright future for metals
8h ago - (This version of the September 18 story corrects to read S&P Global Market Intelligence, paragraph 6)
Florence declined and London may too, banks warn ahead of May's speech
12h ago - LONDON (Reuters) - Britain is in danger of losing its place in the financial world much in the same way Florence did after its Renaissance heyday, an industry group warned on Thursday.
CRH to Buy Ash Grove Cement for $3.5 Billion
12h ago -
Co-Operative's move to share wealth hits profit
8h ago - LONDON (Reuters) - Britain's Co-Operative Group, the mutually-owned supermarkets to funerals group, said a move to step-up rewards for members and their local communities hit first half profit.
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