Bank of England’s Tenreyro warns against rate rises, says cuts may be needed
By David Milliken LONDON (Reuters) -The Bank of England has no need to raise interest rates further to curb inflation,…
Business
Oil settles higher, trade choppy as tight supply vie with rate hike fear
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled higher on Thursday after flip flopping during the session, supported by a…
Factbox-Financial firms line up spot bitcoin exchange-traded fund applications
(Reuters) – Financial firms are once again lining up to attempt to get their proposed spot bitcoin exchange-traded-funds approved by…
Fed’s Bostic reiterates view Fed done with rate rises
By Michael S. Derby (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic reiterated on Thursday his belief that…
Fed says 57 firms set to use ‘FedNow’ instant payments after late July launch
WASHINGTON (Reuters) – The U.S. Federal Reserve announced on Thursday that 57 firms have been certified to utilize its “FedNow”…
Thrift store operator Savers valued at nearly $4 billion in market debut
By Sri Hari N S and Niket Nishant (Reuters) -Thrift store operator Savers Value Village fetched a market capitalization of…
Exclusive-EDF CEO tells managers nuclear business to be reorganised
PARIS (Reuters) – EDF CEO Luc Remont told managers on Thursday that the state-owned power group’s nuclear activities would be…
U.S. Supreme Court buoys religious employees who seek accommodations at work
By Andrew Chung (Reuters) -The U.S. Supreme Court on Thursday bolstered the ability of employees to obtain accommodations at work…
AI company Runway valued at $1.5 billion in latest funding – source
(Reuters) – AI company Runway has been valued at $1.5 billion in its latest round of funding, a source familiar…
Mexico’s economic outlook uncertain, say finance officials
MEXICO CITY (Reuters) – Mexico’s financial system stability committee described the country’s economic outlook as uncertain on Thursday, citing persistent…