Japan’s Cosmo wins unconventional vote on ‘poison pill’ against activist
By Makiko Yamazaki TOKYO (Reuters) -Cosmo Energy Holdings’ shareholders approved a “poison pill” takeover defence on Thursday, in a controversial…
June 2023
Accenture signals more pain for IT industry with disappointing forecast
(Reuters) -Accenture fanned concerns about dwindling IT spending on Thursday with a quarterly revenue forecast that was below Wall Street…
US existing home sales edge up but prices drop by most since 2011
(Reuters) – U.S. existing home sales ticked higher in May to snap a two-month skid with condominium sales accounting for…
Fed’s Bowman says more rate increases needed
By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve Gov. Michelle Bowman said Thursday that “additional policy rate increases” will…
Mexican inflation slows more than expected ahead of rate decision
(Reuters) -Mexico’s annual inflation hit its lowest in more than two years ahead of a monetary policy decision on Thursday…
Oil Slumps With Interest Rate Hikes And Inventories In Focus
By Shadia Nasralla LONDON (Reuters) -Oil futures fell on Thursday, with trader concern over the impact of a bigger-than-expected Bank…
IMF has hit $100 billion target of SDRs for vulnerable countries – Georgieva
PARIS (Reuters) – The International Monetary Fund has reached its target of making $100 billion in special drawing rights available…
Tornado in Texas kills four people, flattens buildings
(Reuters) -A tornado ripped through the northern Texas town of Matador on Wednesday, killing four people and injuring several others…
Big central banks are still hiking rates but eye the end
LONDON (Reuters) – Inflation is cooling, meaning major central banks can start to think about ending interest rate hikes even…
Investors keep bets on U.S. rates soon topping out, despite Powell’s hawkishness
By Davide Barbuscia NEW YORK (Reuters) -A hawkish tilt from Federal Reserve Chair Jerome Powell hasn’t been enough to convince…