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Market news: Activist investment firm Sachem Head is pushing UK property platform Rightmove to consider selling the company.

2026-11-13

Market news: Activist investment firm Sachem Head is pushing UK property platform Rightmove to consider selling the company.

Other News
2026-11-13

According to Hong Kong Stock Exchange filings, Xiaomi Group (01810.HK) spent HK$49.8 million to repurchase 1.7 million Class B shares on November 13.

According to Hong Kong Stock Exchange filings, Xiaomi Group (01810.HK) spent HK$49.8 million to repurchase 1.7 million Class B shares on November 13.
2026-11-13

US producer prices rose again in October, recording the largest annual increase in four years and reinforcing market expectations that the Fed could continue to tighten after next month’s widely expected rate rise. The Bureau of Labor Statistics said

US producer prices rose again in October, recording the largest annual increase in four years and reinforcing market expectations that the Fed could continue to tighten after next month’s widely expected rate rise. The Bureau of Labor Statistics said Oct PPI rose 0.3% MoM (consensus 0.4%); the prior month was revised to 1.4% MoM. Goods prices rose 0.5%, led by food and basic organic chemicals; services increased 0.2%, marking the fifth straight monthly gain. Oct PPI climbed 6.5% YoY, the biggest annual jump since Nov 2022 (Sep 6.3%). The report follows an upside surprise in Oct CPI and a strong Oct nonfarm payrolls print that pushed the unemployment rate down to 4.1% from 4.2%. Comments from Fed governor Waller has left markets oscillating between pricing a 25bp move in December and leaving room for a 50bp hike.
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