Benchmark German yield falls to two-month low as Powell signals smaller hikes

By Samuel Indyk LONDON (Reuters) -Euro zone yields dropped on Thursday, following U.S. Treasuries, after Federal Reserve chair Jerome Powell signalled the central bank could slow its pace of policy tightening as soon as its December meeting. Powell said the Fed was “slowing down” from the previous pace of three-quarter percentage point rate hikes that …

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Soccer-Who could buy Manchester United and how much is it worth?

(Reuters) – Manchester United’s owners, the Glazer family, are considering selling the club as they explore “strategic alternatives”. If the Glazers decided to follow through with the sale of the Old Trafford club, here could be some of the possible buyers: JIM RATCLIFFE British billionaire Ratcliffe, a long-standing fan of the 20-times English champions, declared …

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Renault, Nissan could announce outcome of talks about future of alliance in coming days – Les Echos

PARIS (Reuters) – Renault and Nissan could announce the outcome of talks about the future of their alliance in coming days, French paper Les Echos reported on Thursday. It said that an announcement could be made on December 7, but added that so far nothing has been signed. Nissan Motor Co Chief Executive Mak oto …

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REUTERS NEXT: IMF chief sees higher chance of global growth below 2% in 2023

By Andrea Shalal and David Lawder NEW YORK (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Thursday the chance of global growth falling below 2% next year was increasing due to continued effects of the war in Ukraine and simultaneous slowdowns in Europe, China and the United States. Georgieva told the Reuters …

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Volkswagen’s Cariad to buy paragon’s AI subsidiary

BERLIN (Reuters) – Volkswagen software unit Cariad has agreed to buy automotive supplier paragon’s artificial intelligence specialist subsidiary, said paragon in a statement on Thursday. Both parties agreed to a purchase price of 40 million euros ($42.09 million) for paragon semvox, said the paragon statement. paragon semvox has supplied the Volkswagen Group with AI-based solutions …

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