Exclusive-Calls grow for quick end to ECB bond-scheme reinvestment – sources
By Balazs Koranyi WASHINGTON (Reuters) – A growing number of European Central Bank policymakers are calling for the bank to…
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Fed’s Waller: Not much progress on inflation, higher rates needed
By Howard Schneider (Reuters) – Despite a year of aggressive rate increases U.S. central bankers “haven’t made much progress” in…
OPEC+ cuts partly due to reshaping of global oil flows, IEA says
By Ahmad Ghaddar LONDON (Reuters) – European Union and G7 restrictions on Russian oil exports led to a global shift…
Loblaw to spend $1.5 billion to expand business in Canada, create 6,000 jobs
(Reuters) – Loblaw Companies Ltd on Friday said it would spend C$2 billion ($1.50 billion) to expand its business in…
India’s forex reserves jump to 9-month high
MUMBAI (Reuters) – India’s foreign exchange reserves jumped to $584.76 billion for the week ended April 7, the highest in…
James Murdoch’s Bodhi Tree slashes planned investment in Reliance’s Viacom18
BENGALURU (Reuters) -Reliance Industries Ltd’s Viacom18 will receive an investment of 43.06 billion rupees ($527.84 million) from Bodhi Tree, about…
Tesla expands discounts with price cuts in Europe, Singapore, Israel
By Chen Lin and Victoria Waldersee SINGAPORE/BERLIN (Reuters) -Tesla Inc on Friday slashed prices for its electric vehicles in Europe,…
PNC Financial beats profit estimates on boost from higher interest rates
(Reuters) – PNC Financial Services Group reported an 18.5% rise in first-quarter profit on Friday, as the Federal Reserve’s rate…
Exclusive-Fed can ‘hit the mark and hold’ with one more rate hike, Bostic says
By Howard Schneider ATLANTA (Reuters) – One more quarter-percentage-point interest rate hike can allow the Federal Reserve to end its…
German finance ministry plans austerity measures of up to 20 billion euros – Spiegel
BERLIN (Reuters) – German Finance Minister Christian Lindner is planning an austerity package with a volume of up to 20…