Bank Of England To Raise Rates By 50bps Again To Tame Inflation: Reuters Poll
By Jonathan Cable LONDON (Reuters) – The Bank of England looks set to hike borrowing costs by another 50 basis…
2022
Two Peloton Co-founders Leave Amid Massive Restructuring
(Reuters) -Peloton Interactive Inc co-founders John Foley and Hisao Kushi are stepping down from their executive roles, at a time…
Bank Of America Moves Some Of Its Russia-based Bankers To Dubai – Sources
By Hadeel Al Sayegh DUBAI (Reuters) – Bank of America (BofA) is moving some of its Russia-based bankers to Dubai,…
UBS To Boost Dividend, Sees Buybacks Above 2022 Target
ZURICH (Reuters) -UBS Group plans to increase its dividend by 10% and expects 2022 share repurchases to exceed its $5…
Tonic Maker Fevertree’s Half-year Profit Dips On Cost Pressures
(Reuters) -Tonic maker Fevertree reported a fall in profit for the first half of the year despite strong demand in…
Asian markets open lower after price data slam Wall Street
Asian markets skidded lower on Wednesday after Wall Street fell the most since June 2020 as a report showed inflation…
From Block To Blue Ticks: How China Became Big Business For Twitter
By Fanny Potkin, Eduardo Baptista and Tony Munroe SINGAPORE/BEIJING (Reuters) – Even as China bars 1.4 billion citizens from Twitter,…
Oil Prices Fall As China Demand Concerns Mount Amid COVID Curbs
By Stephanie Kelly and Isabel Kua SINGAPORE (Reuters) -Oil prices fell in volatile trade on Tuesday as investor concerns about…
China’s Xi heads abroad to promote strategic role
BEIJING (AP) — President Xi Jinping is using his first trip abroad since the start of the pandemic to promote…
US inflation still stubbornly high despite August slowdown
WASHINGTON (AP) — Lower gas costs slowed U.S. inflation for a second straight month in August, but most other prices…