Instant View: ECB Delivers Seventh Consecutive Rate Hike
LONDON (Reuters) – The European Central Bank eased the pace of its interest rate hikes on Thursday and kept its…
2023
Australia budget to trim forecast for cost of servicing debt for next three years
By Lewis Jackson SYDNEY (Reuters) – Australia has lowered its forecast for the cost of servicing government debt over the…
Nightmare in Sudan: African expats struggle to find way out
By MacDonald Dzirutwe LAGOS (Reuters) – Nigerian law student Umar Yusuf Yaru was relaxing in his apartment when he first…
ECB to stop reinvesting cash in largest bond scheme
FRANKFURT (Reuters) – The European Central Bank will stop reinvesting cash from maturing bonds bought under its 3.2 trillion Asset…
United Airlines will use lower-carbon fuels in San Francisco, London
By Stephanie Kelly NEW YORK (Reuters) – United Airlines will begin using lower-carbon aviation fuels on flights from San Francisco…
Global issuance of mortgage-backed securities falls to a 23-year low
By Patturaja Murugaboopathy (Reuters) – The issuance of global mortgage-backed securities (MBS) slumped to a 23-year low in the first…
ECB slows rate hikes and keeps options open
FRANKFURT (Reuters) – The European Central Bank eased the pace of its interest rate hikes on Thursday and kept its…
Fear recedes for Ukraine’s volunteers, for whom war is ‘just a job’
By Manuel Ausloos ON THE FRONTLINE IN DONETSK REGION, Ukraine (Reuters) – After months of living in trenches and bunkers…
Slower sales at debt-laden French retailer Casino sink shares
By Dominique Vidalon PARIS (Reuters) – Heavily-indebted French retailer Casino said on Thursday sales growth slowed in the first quarter,…
As sales decline, Adidas faces pressure to find Yeezy fix
By Helen Reid LONDON (Reuters) – Adidas is set to update investors on Friday about the unsold Yeezy shoes that…