Russia should not take temporary control of foreign banks’ units -central bank
MOSCOW (Reuters) – Taking over the temporary management of foreign banks’ divisions in Russia would not be appropriate, Central Bank…
Business
After Reliance-Warner deal, JioCinema pricing, local content in focus
By Shilpa Jamkhandikar, Aditya Kalra and Munsif Vengattil MUMBAI (Reuters) – The video streaming business of Mukesh Ambani, Asia’s richest…
Russian central bank keeps future hikes on table as it holds rates
By Vladimir Soldatkin, Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s central bank held its key interest rate at…
Czech rates seen on hold before cut in third quarter
By Jason Hovet PRAGUE (Reuters) – The Czech National Bank (CNB) is likely to maintain policy stability and keep its…
German inflation eases to lowest level since start of Ukraine war
By Maria Martinez BERLIN (Reuters) -German consumer prices in April posted their smallest increase since the start of the war…
Mastercard seeks to expand crypto card tie-ups
By Elizabeth Howcroft LONDON (Reuters) – Mastercard will expand its cryptocurrency payment card programme by seeking more partnerships with crypto…
Instant View: US March PCE price index shows high, but cooling, inflation
NEW YORK (Reuters) – U.S. consumer spending was unchanged in March, while underlying inflation pressures remained strong, data from the…
Traders firm up bets on Fed rate hike in May
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Friday firmed up bets the U.S. central…
India March infrastructure output grows 3.6%, a five-month low
NEW DELHI (Reuters) – India’s infrastructure output expanded 3.6% year-on-year in March, its slowest pace in five months, in part…
Sluggish growth and high inflation leave ECB in tight spot
By Francesco Canepa and Belén Carreño FRANKFURT/MADRID (Reuters) – The euro zone economy is barely growing but inflation in the…