UK’s stubborn inflation fails to fall, turning up heat on BoE
By David Milliken and William Schomberg LONDON (Reuters) -British inflation defied predictions of a slowdown and held at 8.7% in…
Economy
SoftBank to shift to ‘offence mode’ as AI booms
By Sam Nussey and Anton Bridge TOKYO (Reuters) -SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing…
Stock sale frenzy foretells US IPO market comeback
(Refiles to fix typos in paragraphs 10 and 13) By Echo Wang and Lance Tupper NEW YORK (Reuters) – A…
Bond market divergence from Fed entrenched in U.S. yield forecasts: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – U.S. bond markets are already pricing beyond expected Federal Reserve interest rate hikes in…
Euro holds ground on world stage despite Russia slashing use -ECB
FRANKFURT (Reuters) – The euro held its ground as the world’s second most-used currency for trade, finance and reserve-building last…
Airbus fills more than 7,000 of 13,000 positions targeted in 2023
PARIS (Reuters) -Airbus has filled more than half of the 13,000 positions it expects to create in 2023, as aerospace…
Singapore central bank fines DBS, Citibank, OCBC, Swiss Life over breaches
By Chen Lin and Yantoultra Ngui SINGAPORE (Reuters) -Singapore’s central bank on Wednesday said it had imposed fines collectively worth…
Yacht-maker Ferretti takes stock orders for Milan launch
LONDON (Reuters) -Italian yacht maker Ferretti, pursuing an additional listing of shares in Milan, started taking stock orders from investors…
Factbox-Western nations commit billions to help rebuild Ukraine
LONDON (Reuters) – Britain, the United States and the European Union pledged billions of dollars of extra help to rebuild…
India’s mid and small cap stocks risk abrupt corrections, warn analysts
By Bharath Rajeswaran BENGALURU (Reuters) – A roaring rally in mid- and small-cap stocks listed on Indian bourses could see…