IMF has hit $100 billion target of SDRs for vulnerable countries – Georgieva
PARIS (Reuters) – The International Monetary Fund has reached its target of making $100 billion in special drawing rights available…
Economy
Big central banks are still hiking rates but eye the end
LONDON (Reuters) – Inflation is cooling, meaning major central banks can start to think about ending interest rate hikes even…
Investors keep bets on U.S. rates soon topping out, despite Powell’s hawkishness
By Davide Barbuscia NEW YORK (Reuters) -A hawkish tilt from Federal Reserve Chair Jerome Powell hasn’t been enough to convince…
Novo Nordisk says EMA raised safety signal on drugs including semaglutide
By Nikolaj Skydsgaard COPENHAGEN (Reuters) -A thyroid cancer safety signal was raised by the EU’s drugs watchdog last month over…
Deutsche Bank plans to cut 10% of 17,000 German retail jobs – source
By Tom Sims FRANKFURT (Reuters) -Deutsche Bank is drawing up plans to cut 10% of its 17,000 German retail jobs…
Orpea creditors Kyma Capital, LMR apply to US court to obtain documentation
LONDON (Reuters) – Two creditors of France’s Orpea have filed an application in a U.S. court against another creditor and…
Bank of England delivers hefty rate hike
LONDON (Reuters) -The Bank of England raised interest rates more than expected by half a percentage point on Thursday after…
Swiss central bank signals more tightening to come after latest rate hike
By John Revill ZURICH (Reuters) -The Swiss National Bank raised its policy interest rate by 25 basis points on Thursday…
HIGHLIGHTS-What world leaders said at the Paris finance summit
PARIS (Reuters) – Following are highlights of what world leaders said at a summit in Paris on Thursday to boost…
Smaller-than-expected Turkey rate hike hits lira, bonds
LONDON (Reuters) – Turkey’s new central bank governor Hafize Gaye Erkan delivered a smaller-than-expected interest rate hike at her first…