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…
Business
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…
Fewer UK firms expect to raise prices in month ahead – ONS
LONDON (Reuters) – The smallest proportion of businesses since at least March last year expect to raise prices next month,…
French power company Engie launches new electric car charger brand
PARIS (Reuters) – French power company Engie said on Thursday it is launching a new brand called Vianeo which will…
Analysis-Spasms in UK mortgage market spell pain for homeowners, economy
By Andy Bruce and Sinead Cruise LONDON (Reuters) – Bedlam in Britain’s 1.5 trillion-pound ($1.9 trillion) mortgage market, fuelled by…
Santander appoints Castro e Almeida to drive growth in Europe
By Jesús Aguado MADRID (Reuters) -Santander said on Thursday it has appointed Pedro Castro e Almeida as regional head for…
China bookings to return to pre-pandemic level by early 2024 – Agoda
By Chayut Setboonsarng BANGKOK (Reuters) – Overseas travel bookings from mainland China are currently at just over half of pre-pandemic…