Stocks drift as investors balance peak rate hopes with oil price rise
By Naomi Rovnick and Xie Yu LONDON/HONG KONG (Reuters) – Global stocks held steady on Tuesday, as investors balanced the…
Business
Yen firms amid intervention chatter, trading subdued on US holiday
By Harry Robertson and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar fell against the yen on Tuesday as markets remained…
UK’s Hunt backs regulator to ensure banks pass on better rates to savers
LONDON (Reuters) – British finance minister Jeremy Hunt gave his backing to the country’s financial regulator FCA to ensure banks…
Italy’s finances creak as budget deficit climbs in Q1
By Gavin Jones and Giuseppe Fonte ROME (Reuters) – Italy’s budget deficit widened in the first quarter to 12.1% of…
Central bank surprises see June become bumper 2023 rate hike month
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The world’s major central banks delivered in June the biggest number…
What people are saying about China’s chipmaking export controls
(Reuters) -China will control exports of some metals used in the semiconductor industry, ramping up a technology war with the…
Credit Suisse investor group joins claim seeking better UBS takeover price
By John Revill ZURICH (Reuters) -A Swiss proxy adviser representing some former Credit Suisse shareholders has backed a class-action lawsuit…
China’s choice of PBOC party chief signals financial stability worries
By Kevin Yao BEIJING (Reuters) – China’s appointment of financial technocrat Pan Gongsheng to a top political post at the…
Los Angeles-area hotel workers strike over wages, housing
By Steve Gorman and Gabriella Borter LOS ANGELES (Reuters) -Thousands of Los Angeles-area hotel workers went on strike on Sunday…
Ryanair’s monthly traffic hits record high in June
DUBLIN (Reuters) – Ryanair (RYA.I) flew a record 17.4 million passengers in June, its highest for a single month and…