Blog Layout

Futures muted on uncertainty about Fed rate-cut size

(Reuters) – U.S. stock index futures were flat on Friday as caution prevailed about the size of the Federal Reserve’s interest rate cut that is expected next week, while Boeing shares fell after the planemaker’s factory workers went on strike. Traders’ bets now indicate market pricing of a bumper rate …

Read More »

Three and Vodafone’s $19B merger hits the skids as UK rules the deal would adversely impact customers and MVNOs

The U.K.’s antitrust regulator has delivered its provisional ruling in a longstanding battle to combine two of the country’s major telecommunication operators. The Competition and Markets Authority (CMA) says that Three and Vodafone’s planned $19 billion merger — announced 15 months ago — could lead to higher prices for consumers, …

Read More »