Swiss central bank enacts biggest-ever hike to key rate
GENEVA (AP) — Switzerland’s central bank carried out the biggest hike ever to its key interest rate Thursday, following the…
September 22, 2022
Bank of England raises rates but avoids bolder hike like Fed
LONDON (AP) — The Bank of England raised its key interest rate Thursday by another half-percentage point to the highest…
Honda To Cut Car Output By Up To 40% In Japan On Supply Problems
TOKYO (Reuters) -Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese…
Europe’s Vegetable Farmers Warn Of Shortages As Energy Crisis Bites
By Ardee NAPOLITANO and Sybille de La Hamaide BOUVINES, France (Reuters) – Emmanuel Lefebvre produces thousands of tonnes of endives…
Asian stocks slide for 3rd day on economic growth fears
BEIJING (AP) — Asian stocks fell for a third day Friday after more rate hikes by the Federal Reserve and…
Novartis Unveils New Strategy Based On Eight Multibillion- Dollar Brands
ZURICH (Reuters) -Novartis unveiled a new strategy on Thursday based on eight big drug brands as the pharmaceuticals maker reshapes…
Thieves key on hack that leaves Hyundai, Kia cars vulnerable
DETROIT (AP) — Some Hyundai and Kia cars and SUVs are missing a “key” anti-theft device, and thieves know. An…
Hong Kong Central Bank Raises Interest Rate After Fed Hike, HSBC Follows
HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount…
Powell’s stark message: Inflation fight may cause recession
WASHINGTON (AP) — The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully…