ECB needs to keep interest rates ‘sustainably high’ to combat inflation – Lagarde
By Jesús Aguado MADRID (Reuters) – The European Central Bank needs to keep interest rates high to curb inflation in…
Business
Tesla ‘serious’ on establishing India production, innovation base, minister says
By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) – Tesla Inc is “serious” about its plans to establish a…
US House hardliners could try to block debt-ceiling deal without ‘robust’ cuts
By David Morgan WASHINGTON (Reuters) -President Joe Biden and Republican U.S. House Speaker Kevin McCarthy have voiced growing confidence about…
India regulator ‘draws a blank’ in foreign links probe into Adani, shares rise
By Jayshree P Upadhyay and Arpan Chaturvedi MUMBAI (Reuters) -India’s markets watchdog has “drawn a blank” in investigations into suspected…
Investors still pouring into cash, but pace slows – BofA
By Lucy Raitano LONDON (Reuters) -Investors pumped $25.1 billion into cash in the week to Wednesday, but the flow into…
China will resolutely curb large fluctuations in exchange rate – central bank
BEIJING (Reuters) – China will resolutely curb large fluctuations in the exchange rate and study the strengthening of self-regulation of…
Qantas eyes return to 100% of pre-COVID capacity by March 2024
(Reuters) -Qantas Airways Ltd, Australia’s flagship carrier, said on Friday it expects its international capacity to reach about 100% of…
Biden likely to get another update on budget talks on Friday -spokesperson
HIROSHIMA, Japan (Reuters) – U.S. President Joe Biden is likely to get another update from his team on budget negotiations…
Marketmind: Hopeful ahead of the weekend
A look at the day ahead in U.S. and global markets from Yoruk Bahceli. Markets are heading into the weekend…
BOJ’s Ueda vows to maintain easy policy, rules out chance of early exit
By Leika Kihara TOKYO (Reuters) -Bank of Japan (BOJ) Governor Kazuo Ueda said the central bank is unwavering in its…