Analysis: Leasing deal push evokes past glories to shape aviation’s future

© Reuters. FILE PHOTO: AerCap’s CEO, Aengus Kelly, speaks at an industry conference By Tim Hepher and Laurence Frost PARIS (Reuters) – A tie-up between leasing giants AerCap and General Electric (NYSE:) unit GECAS would reshape global air finance and carve out a new chapter in one of Ireland’s greatest corporate adventures. AerCap shares soared […]

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Turkish lira slides past 7 as Albayrak’s legacy surfaces

© Reuters. FILE PHOTO: A merchant counts Turkish lira banknotes at the Grand Bazaar in Istanbul, Turkey ISTANBUL (Reuters) – slipped 1% on Monday, paring some gains after a four-month rally as rising U.S. bond yields gave the dollar a boost and as the finance minister defended his predecessor’s policies that oversaw a sharp decline […]

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Yuan’s Sudden Surge Past 6.7 Puts Spotlight on Central Bank

© Reuters. Yuan’s Sudden Surge Past 6.7 Puts Spotlight on Central Bank (Bloomberg) — China’s yuan surged past a key technical level, a sign that the central bank may soon be forced to rein in further strength in the currency. The gains, which pushed both the onshore and offshore rates past 6.7 per dollar, accelerated […]

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Goldman profit blows past estimates on trading surge

© Reuters. The Goldman Sachs company logo is seen in the company’s space on the floor of the NYSE in New York (Reuters) – Goldman Sachs Group Inc (N:) reported higher quarterly profit on Wednesday, driven by strength its core bond trading and underwriting businesses. The bank’s net earnings applicable to common shareholders rose 2% […]

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U.S. stay-at-home frustration spreads; coronavirus-battered New York says may be past the worst

3/3 © Reuters. Outbreak of the coronavirus disease (COVID-19) in Massachusetts 2/3 By Maria Caspani and Nathan Layne NEW YORK (Reuters) – Demonstrations to demand an end to stay-at-home measures that have pummelled the U.S. economy spread to Texas on Saturday as the governor at the epicentre of the U.S. coronavirus crisis said his state […]

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Emerging market bond funds suffered disproportionately in past month

© Reuters. People stand next an electronic display at B3 Brazilian Stock Exchange after an automatic circuit breaker was triggered this morning, in Sao Paulo (Reuters) – Emerging market bond funds are performing poorly compared with their global peers as investors rush into the safety of cash and money markets to shield themselves from a […]

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