Marketmind: ECB day to follow a hawkish Fed
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. A day after the Federal Reserve…
Business
European equity investors hunt for big returns in small places
By Lucy Raitano LONDON (Reuters) – Investors are turning their attention back to European small and mid-cap stocks as low…
Siemens’ new investment plan to create more than a 1000 jobs – CEO
Siemens’ 2 billion-euro ($2.17 billion) investment plan, announced on Thursday, is more than double the company’s cumulative investment spending over…
Odey Asset Management plans funds, staff moves in fight for survival
By Nell Mackenzie, Farouq Suleiman and Kirstin Ridley LONDON (Reuters) -Odey Asset Management is in advanced talks to move funds…
Japan’s Kishida to focus on spending, wages in policy roadmap – draft
By Takaya Yamaguchi TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida’s administration will pledge to boost childcare spending and focus on…
BofA expects Fed to deliver two more rate hikes, JPM adds July hike expectation
(Reuters) -BofA Global Research now expects two more quarter percentage point interest rate hikes from the U.S. Federal Reserve this…
Some 85% of Toyota shareholders vote to re-elect Toyoda at annual meet
TOKYO (Reuters) -About 85% of Toyota Motor’s shareholders voted to re-elect Chairman Akio Toyoda to the automaker’s board of directors…
China’s economy slows in May, more stimulus expected
By Ellen Zhang and Kevin Yao BEIJING (Reuters) – China’s economy stumbled in May with industrial output and retail sales…
U.S. trade chief Tai calls for more diverse, resilient supply chains
By Andrea Shalal WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai on Thursday will call for continued work to redesign…
H&M upbeat on June after chilly weather hits quarterly sales
By Marie Mannes and Anna Ringstrom STOCKHOLM (Reuters) – H&M posted slightly weaker-than-expected fiscal second-quarter sales on Thursday, but prospects…