Major central banks not done with rate hikes just yet
LONDON (Reuters) – Inflation is easing but major central banks remain hawkish, with a long-awaited pause from the U.S. Federal…
US
US import prices drop in May on energy, food
WASHINGTON (Reuters) – U.S. import prices fell in May and the annual decrease in prices was the sharpest in three…
Small funds eyeing big gains pile on Venezuela debt
By Mayela Armas, Corina Pons and Rodrigo Campos CARACAS/MADRID/NEW YORK (Reuters) – Small funds and investors outside the United States…
News junkies turn to TikTok to chart new paths in media
By Magali Druscovich and Sheila Dang (Reuters) – To make sense of the unprecedented events of Jan. 6, 2021, Vitus…
Goldman’s cost-cutting accelerates as lean times persist
By Saeed Azhar, Lananh Nguyen and Tatiana Bautzer NEW YORK (Reuters) – Goldman Sachs Group Inc’s managing directors were invited…
South Korea’s Yoon oversees major live-fire drills with U.S
By Hyonhee Shin SEOUL (Reuters) -Several thousand South Korean and U.S. troops took part in joint live-fire exercises on Thursday,…
World Bank’s new chief wants ‘better bank’ before pushing for bigger bank
By David Lawder MANDEVILLE, Jamaica (Reuters) -World Bank President Ajay Banga wants to focus on improving the development lender so…
Uber to cease food delivery in Italy, exit Israel
AMSTERDAM (Reuters) – Uber said on Thursday it will shut its food delivery business in Italy and exit Israel, where…
Stellantis invests 100 million euros in startups, mobility fund
By Joseph White DETROIT (Reuters) – The venture capital arm of automaker Stellantis said on Thursday it will invest about…
Marketmind: ECB day to follow a hawkish Fed
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. A day after the Federal Reserve…