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Current feed - Reuters: Business News
Stocks, dollar inch up ahead of Powell's Jackson Hole speech
World stock markets and the dollar rose on Friday as investors looked to a speech by Federal Reserve chair Jerome Powell for clarification on whether the U.S. central bank remains on course to deliver another interest rate cut in next month.
Shares in Peppa Pig owner rise past Hasbro offer
Peppa Pig-owner Entertainment One's shares rose more than 30% to a record high on Friday, surpassing the price agreed by the company's board with U.S. toy maker Hasbro Inc in a sign that investors see some chance of a counter offer.
Stock futures edge higher before Powell speech
U.S. stock index futures edged higher on Friday as investors looked to Federal Reserve Chair Jerome Powell's speech at a meeting of central bankers in Jackson Hole for confirmation that the central bank will cut interest rates next month.