ECB needs several more rate hikes, Bundesbank chief Nagel says
FRANKFURT (Reuters) – The European Central Bank will need to raise interest rates “several” more times and then must hold…
May 2023
Top US senator, Biden administration work to address China’s Micron chips ban
By Karen Freifeld and David Shepardson WASHINGTON (Reuters) -The U.S. Senate’s top Democrat said on Tuesday he and President Joe…
Top US Senator, Biden Administration Work To Address China’s Micron Chips Ban
By Karen Freifeld and David Shepardson WASHINGTON (Reuters) -The U.S. Senate’s top Democrat said on Tuesday he and President Joe…
Mexico headline inflation seen at its lowest level in over 1-1/2 years – Reuters poll
MEXICO CITY (Reuters) – Mexico’s headline inflation likely slowed in the first half of May to its lowest level in…
GQG raises Adani stake by nearly 10%
(Reuters) -GQG Partners has raised its stake in Gautam Adani’s conglomerate by about 10% and will take part in the…
Apple inks multi-billion-dollar deal with Broadcom for U.S.-made chips
By Stephen Nellis (Reuters) -Apple Inc on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom Inc to…
PacWest shares extend gains on $2.6 billion real estate loan sale
By Niket Nishant (Reuters) -PacWest Bancorp’s shares rose nearly 13%, extending gains from the previous session driven mostly by news…
Credit Suisse managers’ 2022 bonuses cancelled or cut by Swiss government
ZURICH (Reuters) – Credit Suisse senior managers will have their outstanding bonus payments for 2022 either cancelled or reduced following…
Florida restaurant sues DeSantis over drag show restrictions
By Daniel Trotta (Reuters) – A Florida restaurant that puts on what it calls family-friendly drag performances sued Governor Ron…
Wall St Subdued As Deadlocked Debt Ceiling Talks Stoke Default Concerns
By Shreyashi Sanyal and Shristi Achar A (Reuters) – Wall Street indexes were subdued on Tuesday as talks over increasing…