(Reuters) - Restaurant Brands International-owned Burger King is launching its own $5 meal deal ahead of McDonald's, Bloomberg News reported on Thursday, citing a memo.
(Reporting by Savyata Mishra in Bengaluru; Editing by Arun Koyyur)
(Changes "Treasuries" to "Treasury" in last paragraph)
By Davide Barbuscia
NEW YORK (Reuters) - Jeffrey Gundlach, the chief executive of investment management company DoubleLine Capital, expects a U.S. recession as soon as this year, he said on Thursday, as higher interest rates pressure U.S. consumers and companies.
Signals of brewing trouble in the U.S. economy such as rising credit card delinquencies and softer retail... (continue reading...)
(Reuters) - The U.S. Commodity Futures Trading Commission on Thursday said JPMorgan Chase & Co will pay $100 million over trade reporting lapses.
(Reporting by Costas Pitas)
By Jamie McGeever
(Reuters) - A look at the day ahead in Asian markets.
A classic economic data case of 'good news is bad news' from the United States on Thursday looks set to weigh on Asian markets on Friday, as that eagerly awaited first U.S. interest rate cut gets pushed back further into the distance.
A quarter point rate cut from the Fed is now fully priced only in December, after the presidential election. It's hard to... (continue reading...)
(Reuters) - The head of the Russia-annexed Crimea peninsula said a Ukrainian missile attack killed two bystanders near Simferopol, the peninsula's main administrative centre.
Sergei Aksyonov, writing on Telegram, also said a Ukrainian missile had struck an empty building near Alushta on the peninsula's Black Sea coast.
Ukraine has not issued an official comment.
Ukrainian military bloggers and unofficial media reported a... (continue reading...)
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