More banks join European instant payments pilot from end 2023
By Huw Jones LONDON (Reuters) – An initiative to offer an instant payments service in Europe from the end of…
Business
ECB will have to raise rates again on May 4, Lane tells Le Monde
PARIS (Reuters) – The European Central Bank will need to raise interest rates again at its forthcoming meeting next week…
Marketmind: Zooming in on AI, rates and chips wars
A look at the day ahead in European and global markets from Vidya Ranganathan. ChatGPT vs Bard. Earnings from U.S….
Japan’s business services inflation hits 8-year high in fiscal 2022
TOKYO (Reuters) – Japan’s business-to-business service inflation hit an eight-year high in the fiscal year that ended March, data showed…
ECB set to step down to 25 bps move on May 4, at least one more expected- Reuters Poll
By Prerana Bhat BENGALURU (Reuters) – The European Central Bank will almost certainly add 25 basis points to its deposit…
Japan raises view on imports, sees rising bankruptcies
TOKYO (Reuters) – Japan raised its official assessment of imports for first time in nine months, the government’s monthly economic…
South Korea economy averts recession but faces tough headwinds
By Choonsik Yoo and Jihoon Lee SEOUL (Reuters) -South Korea’s heavily trade-reliant economy barely averted a recession posting slim growth…
SpaceX wins approval to add fifth U.S. rocket launch site
By Joey Roulette WASHINGTON (Reuters) -The U.S. Space Force said on Monday that Elon Musk’s SpaceX was granted approval to…
Meatpacker JBS ends contracts with US company fined for hiring kids
By Tom Polansek and Leah Douglas CHICAGO (Reuters) -JBS USA is ending contracts with a U.S. company fined for hiring…
Coinbase files legal challenge to push SEC to write rules on crypto
By Hannah Lang (Reuters) – Coinbase Global Inc filed a petition on Monday in an effort to compel the U.S….