What Crisis? High-stakes Crypto Lending Looks Here To Stay
(Updates Trenchev’s estimate for unsecured lending) By Elizabeth Howcroft and Hannah Lang LONDON/WASHINGTON (Reuters) -On May 11, Scott Odell, an…
Reuters
Yen Rallies After Japan Intervenes With First Support Since 1998
By Gertrude Chavez-Dreyfuss and Alun John NEW YORK/LONDON (Reuters) – The Japanese yen soared across the board on Thursday after…
Japan Intervenes To Stop Yen Slide, After BOJ Holds Rates Super Low
By Leika Kihara and Daniel Leussink TOKYO (Reuters) – Japan intervened in the foreign exchange market on Thursday to buy…
Euro Zone Inflation Broadening And Will Continue To Rise, ECB’s Schnabel Says
LUXEMBOURG (Reuters) – Euro zone inflation is set to go higher and price growth is likely to be more persistent…
Oil Rises On Russian Supply Concerns But Off Session High
By Laura Sanicola (Reuters) -Oil rose on Thursday in volatile trading focused on Russian oil supply concerns and as the…
Target To Hire Up To 100,000 Holiday Workers, Offer Deals Earlier
By Uday Sampath Kumar (Reuters) -Target Corp said on Thursday it plans to hire up to 100,000 seasonal workers for…
Exclusive-Hedge Fund Ancora Seeks Ouster Of Kohl’s CEO, Chairman
By Svea Herbst-Bayliss (Reuters) – Ancora Holdings, one of the hedge funds that spearheaded a board shake-up last year at…
UniCredit To Significantly Raise 2022 Guidance, Confident Also On 2023 – CEO
By Valentina Za MILAN (Reuters) -UniCredit will significantly improve its guidance for the current year when it presents third quarter…
Accenture Forecasts Revenue Below Estimates On IT Spending Cut, Higher Dollar
(Reuters) -IT services firm Accenture Plc forecast first-quarter revenue below expectations on Thursday, weighed down by IT spending cuts amid…
WhatsApp Pay India Head Quits, Joins Amazon -source
By Aditya Kalra BENGALURU (Reuters) -The head of WhatsApp’s India payment business, Manesh Mahatme, has quit after more than a…