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FedEx, Advent-led consortium to buy parcel locker firm InPost in $9.2 billion deal
Offer price of 15.60 euros/share implies $9.2 bln valuationInPost to expand European reach, give FedEx access to its parcel locker networkFedEx and holding firm Advent will own 37% each in InPostShareholders representing 48% of capital committed to deal, at least 80% neededBy Alessandro Parodi, Rafa...Reuters
19 minutes ago
ECB's Simkus sees equal chance of rate hike or cut
VILNIUS, Feb 9 (Reuters) - The European Central Bank is equally likely to raise or cut interest rates but it is hard to know when any such move will take place given the prevailing uncertainty about trade and geopolitics, ECB policymaker Gediminas Šimkus said on Monday."The probabilities that th...Reuters
an hour ago
South Korea parliament forms committee to fast-track US investment legislation
Vote to form special committee comes after Trump's tariff threatParliamentary speaker urges swift legislative action by end of FebruaryCommittee includes members from ruling and opposition partiesBy Kyu-seok ShimSEOUL, Feb 9 (Reuters) - South Korea's parliament voted on Monday to form a spec...Reuters
an hour ago
Euro zone yields mixed after Japan election; investors await US data
By Stefano Rebaudo Feb 9 (Reuters) - Euro zone government bond yields were mixed on Monday as investors were cautious at the dawn of a week packed with U.S. data, with Japan's election outcome lingering in the background. With a brief U.S. government shutdown delaying the January em...Reuters
2 hours ago
Japan's $1.4 trillion FX reserves under scrutiny as Takaichi hunts for revenue sources
Japan has $1.4 trillion currency reserves, mostly held in U.S. TreasuriesPM Takaichi notes recent yen weakness has boosted surplus from reservesOpposition lawmaker says size of reserves too excessiveAnalysts caution against using FX reserves to fund spendingBy Makiko Yamazaki and Takahiko Wada TO...Reuters
3 hours ago
Goldman Sachs raises India 2026 growth target by 20 bps to 6.9% post trade deals with US
Goldman Sachs expects India's economic growth to be higher than its previous projection in 2026 after the country secured a trade deal with U.S.It now expects growth at 6.9% year-on-year, up from its previous projection of 6.7%"...After exclusions, we estimate the effective tariff rate impos...Reuters
5 hours ago
Japan’s Kihara says he is concerned about unilateral, rapid moves in FX market
Japan Chief Cabinet Secretary Minoru Kihara said on Monday that he is concerned over one-sided foreign exchange (FX) moves. Meanwhile, top currency diplomat Atsushi Mimura stated that he will closely watching foreign exchange moves with a high sense of urgency.Fxstreet
7 hours ago
UK jobs downturn abates slightly, starting pay stronger, REC/KPMG say
LONDON, Feb 9 (Reuters) - Starting salaries for permanent staff in Britain showed their biggest rise in nearly a year and a half in January, according to a survey on Monday that also showed the downturn in the number of new permanent staff recruiters hired eased. The monthly Report on Jobs from acco...Reuters
10 hours ago
