06:32 AM EDT, 10/11/2024 (MT Newswires) -- Commerzbank in its European Sunrise note of Friday highlighted: Markets: United States Treasuries recover into New York close after strong 30-year auction, rangebound in Asia. France's OAT futures also supported. Asian equities mixed, e-minis stable. USD, oil little changed. Fed: Federal Reserve Bank of Atlanta President Raphael Bostic is totally comfortable with skipping...

Oct 11 (Reuters) - BNY's profit jumped 16% in the third quarter on higher investment services fees as assets under its custody and administration exceeded the $50 trillion mark for the first time, the world's largest custodian bank said on Friday. The bank's fees, typically calculated as a percentage of the assets under custody, benefited from a market rally that...

LONDON (Reuters) - Insured losses for Hurricane Milton are likely to range between $30 billion and $60 billion, Morningstar DBRS analyst Marcos Alvarez said on Friday, below the credit ratings agency's highest estimates before the hurricane hit. Hurricane Milton cut a destructive path across Florida this week, but the Tampa Bay area appeared to sidestep the storm surge. Morningstar DBRS...

06:30 AM EDT, 10/11/2024 (MT Newswires) -- Apollo Global Management's ( APO ) Tenneco agreed to sell its 100% stake in Ohlins Racing to Italy's Brembo for $405 million in cash, the companies said Friday. The acquisition, subject to customary regulatory approvals, is expected to close in early 2025. Tenneco Chief Executive Jim Voss said the sale is in line...