Ditches

JPMorgan Chase & Co. dropped its buy recommendation on Chinese stocks, citing heightened volatility around the upcoming U.S. election as well as growth headwinds and tepid political support. China’s rating was downgraded to neutral…

Pierre AndurandFamed oil trader Pierre Andurand is out of the oil market, at least for now. His main fund lost about 50% last year on bad bets on crude oil, and he is nervous about the sector and now has a “mixed” outlook. “We will…

McDonald's (NYSE: MCD) She recently announced that she would be stepping down Artificial Intelligence (AI)-Voice dialing technology supported by Universal business machines (NYSE: IBM). Instead, the fast food giant will look to…

FOMC INTEREST RATE DECISION KEY POINTSThe Fed holds interest rates steady at its January meeting, in line with expectationsPolicymakers drop their tightening bias in favor of a more neutral stance, but signal a rate cut is not imminentGold…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Alibaba has ditched plans to spin off its cloud business and paused the listing of its supermarket unit after…

US dollar forecast:U.S. dollar Friday's gains due to risk aversion, but huge losses this weekThe Fed's decision to drop its hawkish guidance will help stabilize sentiment soon, but the timeline is uncertainMarkets started to cut prices…