Denmark’s central bank raises key rate, following ECB hike
COPENHAGEN (Reuters) – Denmark’s central bank raised its key interest rate by 0.25 percentage points to 2.85% on Thursday, following…
Economy
Largest banks doing big deals not ideal, FRC an exception – Powell
NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said it was probably good policy that the largest banks are…
Inflation has passed its peak in Germany as energy prices ease – Econ Min
BERLIN (Reuters) – Inflation has passed its peak in Germany as energy prices have eased, German Economy Minister Robert Habeck…
Canada’s March trading activity slowed in sign of cooling demand
By Ismail Shakil and Fergal Smith OTTAWA (Reuters) -Canada’s imports and exports dropped to one-year lows in March, data showed…
Bud maker’s profit jumps as customers absorb higher prices
By Philip Blenkinsop BRUSSELS (Reuters) -Anheuser-Busch InBev, the world’s largest brewer, reported higher than expected first-quarter earnings on Thursday as…
Nigerian lawmakers approve restructure of $52 billion in cenbank loans
By Camillus Eboh ABUJA (Reuters) -Nigeria’s lower house of parliament on Thursday approved a plan to restructure 23.7 trillion naira…
Canada’s Ivey PMI shows activity expanding at slower pace in April
TORONTO (Reuters) – Canadian economic activity expanded at a slower pace in April as growth in employment slipped and inventories…
Central banks stick to rate hikes with eye on market turmoil
LONDON (Reuters) – The U.S. Federal Reserve is close to the end of its interest rate hiking cycle, while the…
Goldman Sachs cooperating with government probes on SVB collapse
(Reuters) -Goldman Sachs Group Inc said in a filing on Thursday it is cooperating with government probes into collapsed Silicon…
PacWest confirms strategic options talks after US bank shares plunge
By Anirban Sen and Noel Randewich (Reuters) – PacWest Bancorp said late on Wednesday it was in talks with potential…