The Fed will be surprised by deflationary pressures over next 3-6 months, says Cathie Wood – CNBC Television

The Fed will be surprised by deflationary pressures over the next 3-6 months, says Cathie WoodCNBC Television Fed Won’t Be Pivoting Anytime Soon: Goldman’s KostinBloomberg Markets and Finance Do not expect the Fed to pivot imminently, says iCapital’s Anastasia AmorosoCNBC Television US Fed could show ‘small hints’ that it will pivot soon, says strategistCNBC International … Read more

London’s Battersea Power Station reborn as an office and shopping hub

LONDON, Oct 4 (Reuters) – London’s Battersea Power Station reopens next week as a glitzy hub of offices, flats, restaurants and shops after decades of failed attempts to reinvigorate one of the capital’s most iconic buildings, often described as the “Everest of real estate”. The 1930s power station once supplied a fifth of London’s electricity, … Read more

Twitter surges after report Musk will go through with deal

Oct 4 (Reuters) – Shares of Tesla Inc (TSLA.O) pared early gains while Twitter Inc (TWTR.N) surged on Tuesday after a report that billionaire Elon Musk is expected to propose going ahead with his takeover of the social media platform that $54.20 per share. Twitter jumped almost 13% to $47.93 before the stock was halted … Read more

Facebook to purge thousands of workers in ‘quiet layoffs’

Facebook executives are in the process of executing “quiet layoffs” of underperforming workers that could lead to thousands of employees getting pink slips, according to a report. Several employees told the news site Insider that as much as 15% of the company’s workforce could be slashed within the next few weeks. One employee told Insider … Read more

Shares in French TV group M6 slump after RTL scraps plan to sell stake

PARIS, Oct 4 (Reuters) – Shares in French TV company M6 (MMTP.PA) slumped on Tuesday after Bertelsmann’s RTL Group (AUDK.LU) scrapped a plan to sell its controlling stake in M6. M6 shares were down 4.1 percent in early session trading. Dropping the sale of RTL’s 48.3% stake in M6 means Bertelsmann (BTGGg.F) will have to … Read more

S.Korea’s Naver to acquire Poshmark in US for $1.6 billion

SEOUL, Oct 4 (Reuters) – South Korean tech firm Naver Corp (035420.KS) said on Tuesday it agreed to a $1.6 billion deal to buy Poshmark Inc, a US secondhand fashion platform, as a strategic investment to enter the US e- commerce market. The $1.6 billion includes consideration for Poshmark’s cash holdings, and the enterprise value … Read more

Riverford: UK business needs long-term policies and stability | FT Food Revolution – Financial Times

Riverford: UK business needs long-term policies and stability | FT Food RevolutionFinancial Times

Oil climbs, Asian shares mixed as holiday-heavy week gets underway

TOKYO, Oct 3 (Reuters) – Oil jumped on Monday as OPEC+ considers a cut to output this week, while Asia shares were mixed with holidays in the Asia-Pacific region likely to result in thin trading. US crude rose 3.01% to $81.88 a barrel after OPEC+ sources told Reuters oil production could be cut by between … Read more