Category: glum

  • Euro drops as glum PMI readings stoke bets on more ECB easing By Reuters

    By Sruthi Shankar and Vidya Ranganathan LONDON/SINGAPORE (Reuters) – The euro fell against the dollar on Monday after business activity readings showed a bleak picture for the euro zone economy, boosting bets for more interest rate cuts by the European Central Bank this year. The single currency fell 0.4 percent…

  • Euro drops as glum PMI readings stoke bets on more ECB easing By Reuters

    By Sruthi Shankar and Vidya Ranganathan LONDON/SINGAPORE (Reuters) – The euro fell against the dollar on Monday after business activity readings showed a bleak picture for the euro zone economy, boosting bets for more interest rate cuts by the European Central Bank this year. The single currency fell 0.4 percent…

  • Intel rises as report of chipmaker exploring options cheers glum investors By Reuters

    Intel shares rose more than 3 percent in early trading on Friday after a report that the struggling chipmaker is exploring options that could include a merger or a split, cheering some investors after one of the company’s worst stock declines in decades. The company is working with investment bankers…