FTC Argues Microsoft’s Deal To Buy Activision Should Be Paused
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Thursday argued in federal court for a preliminary injunction…
Reuters
Bank Of England Hikes Rates To 5% In Surprise Move To Tackle Stubborn Inflation
By David Milliken and Suban Abdulla LONDON (Reuters) -The Bank of England surprised many investors by raising interest rates half…
U.S. Oil Stocks At Cushing Delivery Hub Hit 2-year Peak
(Corrects attribution in seventh paragraph) By Stephanie Kelly and Nia Williams NEW YORK (Reuters) -U.S. crude oil inventories at the…
Oil Slumps With Interest Rate Hikes And Inventories In Focus
By Shadia Nasralla LONDON (Reuters) -Oil futures fell on Thursday, with trader concern over the impact of a bigger-than-expected Bank…
U.S. Jobless Claims Hold Steady At 20-month High, Current Account Gap Widens
(Reuters) – The number of people filing for state unemployment benefits for the first time held steady at a 20-month…
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…
GE To Make Fighter Jet Engines For Indian Air Force
(Reuters) – General Electric said on Thursday it has signed a memorandum of understanding with India’s state-owned Hindustan Aeronautics Ltd…
Spirit AeroSystems To Halt Work At Wichita Plant As Union Votes To Strike
By Valerie Insinna and Abinaya V PARIS (Reuters) -Spirit AeroSystems on Thursday will suspend factory production at its plant in…
World Bank Should Add Disaster Clauses To Debt Agreements- Yellen
PARIS (Reuters) -U.S. Treasury Secretary Janet Yellen said on Thursday the World Bank should add disaster clauses to debt agreements…
Oil Eases On Uncertain Demand, Market Eyes US Inventory Data
By Jeslyn Lerh SINGAPORE (Reuters) -Oil futures dipped on Thursday amid demand fears after the Federal Reserve chairman hinted at…