Weber Q4 Net Loss Widens; Sales Down 52%

Weber Appoints CTO Alan Matula As Interim CEO

Weber Inc. (WEBR) announced Monday that Chief Technology Officer Alan Matula has been appointed interim Chief Executive Officer, effective immediately. CEO Chris Scherzinger is departing from his roles on the management team and Board of Directors. A search for a permanent CEO will commence immediately.

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UK Inflation Unchanged At 3.8%

U.K. consumer price inflation remained sticky in August on higher food prices, official data showed Wednesday, ahead of the policy announcement by the Bank of England on Thursday. The consumer price index rose 3.8 percent on a yearly basis in August, the same rate of increase as seen in July, the Office for National Statistics reported. Inflation matched economists' expectations and stood well ab

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U.S. Housing Starts Plunge 8.5% In August, Much More Than Expected

After reporting significant increases in new residential construction in the U.S. over the two previous months, the Commerce Department released a report on Wednesday showing housing starts pulled back by much more than expected in the month of August.

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Bay Street Seen Opening On Cautious Note; BoC, Fed Rate Decisions Eyed

The Canadian market is likely to open on a cautious note on Wednesday, with investors awaiting monetary policy announcements from the Bank of Canada and the Federal Reserve. Weak commodity prices may weigh on resources stocks.

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Bank Indonesia Cuts Rate Unexpectedly

Indonesia's central bank reduced its key interest rate unexpectedly to the lowest level since 2022 to stimulate economic growth and also raised expectations for more reductions. The Bank Indonesia board, governed by Perry Warjiyo, decided to cut the BI rate by 25 basis points to 4.75 percent. Markets anticipated the central bank to hold the rate this time amid political unrest.

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Indian Rupee Rises To Near 3-week High On Trade Talk Optimism

The Indian rupee strengthened against the U.S. dollar in the Asian session on Wednesday, after India and the U.S. agreed to speed up talks on a bilateral trade.

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FTSE 100 Modestly Higher In Cautious Trade

UK stocks are up in positive territory a little past noon on Wednesday with investors digesting the nation's inflation data and looking ahead to the Federal Reserve's rate decision, due on Wednesday, and the Bank of England's policy announcement due later today.

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CAC 40 Modestly Lower In Cautious Trade

French stocks are down in negative territory Wednesday afternoon with investors making cautious moves, looking ahead to the Federal Reserve's monetary policy announcement, due later in the day.

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EURUSD	1.18492	GBPUSD	1.36595	AUDUSD	0.6679
USDJPY	146.285	USDCAD	1.37607	USDCHF	0.78694