Bank of Canada hikes growth forecast and says inflation slowing only gradually
OTTAWA, July 12 (Reuters)-The Bank of Canada (BoC) on Wednesday raised its growth forecast for this year to 1.8%, up…
2023
Microsoft’s $69 billion Activision deal gets US judge go-ahead, UK softens opposition
By Diane Bartz WASHINGTON (Reuters) -Microsoft cleared major hurdles to its plan to buy videogame maker Activision Blizzard on Tuesday,…
Factbox-Denied a NATO invitation, Ukraine still reaps rewards at summit
VILNIUS (Reuters) -NATO leaders at this week’s summit in Vilnius said Ukraine should be able to join the military alliance…
G7 nations unveil security framework for Ukraine
VILNIUS (Reuters) – G7 countries announced on Wednesday an international framework that paves the way for long-term security assurances for…
Fed’s Kashkari: Inflation fight must be won, new stress tests could help
(Reuters) – U.S. financial regulators should take steps to ensure banks can withstand further interest-rate hikes should the Federal Reserve…
Thales to buy Cobham Aerospace Communications for $1.1 billion
By Michal Aleksandrowicz (Reuters) -French defence and technology group Thales said on Wednesday it was in exclusive talks to buy…
European assets jump after U.S. inflation slows
MILAN (Reuters) – European shares, currencies and bonds rallied on Wednesday after U.S. inflation slowed in June, feeding bets the…
Local markets more upbeat about Brazil’s economy under Lula, poll shows
SAO PAULO (Reuters) – Financial market participants in Brazil are increasingly optimistic about the country’s economic prospects under leftist President…
Zelenskiy to meet NATO leaders after membership timeline rebuff
By Andrew Gray, Sabine Siebold and John Irish VILNIUS (Reuters) – Ukrainian President Volodymyr Zelenskiy meets NATO leaders on Wednesday…
India’s retail inflation rises more than expected in June on higher food prices
By Aftab Ahmed and Sarita Chaganti Singh NEW DELHI (Reuters) -Surging food prices accelerated India’s annual retail inflation rate in…