Factbox-Analysts bet bumper Turkish rate hikes on the way
LONDON (Reuters) – Analysts at leading investment banks expect Turkey’s new economic chiefs to start ramping up interest rates next…
BoC to raise rates once more by 25 bps in July to 5.00%: Reuters poll
By Milounee Purohit BENGALURU (Reuters) – The Bank of Canada will raise interest rates again in July to 5.00% after…
Egypt to allocate $4.1 billion for food subsidies in 2023/24 – document
By Nayera Abdallah and Nadine Awadalla CAIRO (Reuters) – Egypt is allocating 127.7 billion Egyptian pounds ($4.14 billion) for its…
China cuts short-term borrowing costs to support recovery
By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – China’s central bank lowered a short-term lending rate for the first…
‘Goodbye President’: Berlusconi fans pay tribute to late leader
By Cristiano Corvino MILAN (Reuters) -Supporters of former prime minister Silvio Berlusconi gathered outside his villa near Milan on a…
Accenture looks to power AI efforts with $3 billion investment
(Reuters) – Accenture said on Tuesday it will invest $3 billion over three years into its data and AI practice,…
Russian missile attack kills 11 in Ukrainian president’s hometown
By Max Hunder KRYVYI RIH, Ukraine (Reuters) -Eleven civilians were killed in a Russian missile attack that struck an apartment…
Toyota unveils sweeping plans for new battery tech, EV innovation
By Daniel Leussink TOKYO (Reuters) -Toyota will introduce high-performance, solid-state batteries and other technologies to improve the driving range and…
GM, SDI will build $3 billion battery manufacturing plant in Indiana
By David Shepardson (Reuters) -General Motors and Samsung SDI will build a more than $3 billion EV battery cell plant…
Why finding a camp for your kid is this summer’s madness
By Chris Taylor NEW YORK (Reuters) – For American kids, summer camps can conjure up some idyllic experiences: Canoeing on…