Notizia

A favorite Wall Street harbinger of business-cycle downturns sent up a warning flare that a recession may be on the horizon on Tuesday, just hours after the latest data on the U.S. economy showed business demand for workers remained strong and consumers were still confident despite some worries about inflation.

LONDON (Reuters) -Russia has offered to buy back dollar bonds maturing next week in roubles in a move seen by analysts as helping local holders of the $2 billion sovereign issue receive payment, while also easing the country's hard-currency repayment burden.

MILAN (Reuters) -The board of Telecom Italia (TIM) on Tuesday was informed about a proposal from CVC for a stake in its enterprise services business and its directors were also briefed on discussions with KKR over a rival approach.

The U.S. Treasury yield curve inverted on Tuesday for the first time since 2019, as investors priced in an aggressive rate-hiking plan by the Federal Reserve as it attempts to bring inflation down from 40-year highs.

The U.S. Treasury yield curve is flashing a warning sign to Wall Street, where many are worried that a recession could be in store after bond investors pushed up short-term rates to the point where yields on the 2-year Treasury were actually higher than the 10-year Treasury.

Nielsen Holdings on Tuesday agreed to go private for $10.06 billion in a sweetened deal with private equity firms led by Elliott Management and Brookfield Asset Management, days after the TV rating firm rejected a bid from the group.

Switzerland has become more vulnerable to a shock from its inflated property sector, Swiss National Bank Vice Chairman Fritz Zurbruegg said on Tuesday, adding it is not the job of monetary policy to curb the risks.

Ukraine's government bond prices climbed further on Tuesday, hitting their highest since the start of Russia's invasion a month ago, as the two countries held their first face-to-face talks in nearly three weeks.

Four women will take seats on the Commodity Futures Trading Commission, returning the derivatives regulator to full strength, after a unanimous U.S. Senate vote hailed as historic by the chair of the Senate Agriculture Committee.