European assets jump after U.S. inflation slows
MILAN (Reuters) – European shares, currencies and bonds rallied on Wednesday after U.S. inflation slowed in June, feeding bets the…
Business
India’s retail inflation rises more than expected in June on higher food prices
By Aftab Ahmed and Sarita Chaganti Singh NEW DELHI (Reuters) -Surging food prices accelerated India’s annual retail inflation rate in…
Slowing inflation seen making Fed’s July hike its last
By Ann Saphir (Reuters) -Inflation is slowing rapidly enough to allow the Federal Reserve to stop tightening U.S. monetary policy…
Instant View: US June CPI a welcome disinflation signal for Fed
NEW YORK (Reuters) – U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than…
Barclays wins UK Supreme Court case over push payment fraud
By Sam Tobin and Kirstin Ridley LONDON (Reuters) -Barclays on Wednesday won a UK Supreme Court appeal that turned on…
US 30-yr mortgage rate tops 7% for first time since last fall
(Reuters) – The interest rate on the most popular U.S. home loan leapt back over 7% last week for the…
India’s Vedanta to enter the chip market this year after Foxconn split
BENGALURU (Reuters) -India’s Vedanta will enter the market for the manufacturing of chips and displays this year, group chairman Anil…
Bank of England says Britain is coping with higher interest rates
By David Milliken, Huw Jones and William Schomberg LONDON (Reuters) -Britain’s economy is so far proving resilient to a surge…
U.S. Treasury yields to fall amid inflation optimism: Reuters Poll
By Sarupya Ganguly BENGALURU (Reuters) – U.S. Treasury yields will broadly fall over the coming year on expectations the Federal…
China’s Huawei poised to overcome US ban with return of 5G phones -research firms
By David Kirton SHENZHEN, China (Reuters) – China’s Huawei Technologies is plotting a return to the 5G smartphone industry by…