Turkey pledges to keep tightening until inflation outlook improves
By Orhan Coskun, Ezgi Erkoyun and Huseyin Hayatsever ANKARA (Reuters) – Turkey will continue its monetary policy U-turn, which began…
July 2023
Billionaire Ambani’s Reliance Jio renews rural India push with $12 4G phone
(Reuters) -Reliance Jio said on Monday it would launch a 4G feature phone priced at 999 rupees ($12.19), the latest…
Bank of England warns lenders over private equity, commodities exposure
By Huw Jones LONDON (Reuters) -The Bank of England said on Monday that banks may be underestimating their exposure to…
Spread between 2- and 10-year Treasuries at deepest inversion since ’81
By David Randall (Reuters) – A widely watched section of the U.S. Treasury yield curve hit its deepest inversion on…
Tesla beats second-quarter delivery estimates as price cuts pay off
(Reuters) -Tesla Inc on Sunday said it delivered a record number of vehicles in the second quarter, topping market estimates…
Mozambique ‘tuna bond’ case against Credit Suisse can proceed, UK judge rules
By Kirstin Ridley LONDON (Reuters) -Mozambique’s blockbuster lawsuit against Credit Suisse and others over the $2 billion “tuna bond” scandal…
US construction spending beats expectations in May on housing
WASHINGTON (Reuters) – U.S. construction spending increased more than expected in May as a severe shortage of houses for sale…
Brazil economists foresee deeper monetary easing, lower inflation
BRASILIA/SAO PAULO (Reuters) – Private economists in Brazil anticipate deeper monetary easing this year and improved inflation prospects until 2026…
U.S. property catastrophe reinsurance rates rise up to 50% on July 1-report
LONDON (Reuters) – U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July 1 renewal…
Blackstone REIT says redemption requests declined in June
(Reuters) – Blackstone Real Estate Income Trust (BREIT) said on Monday that redemption requests declined in June after months of…