ECB May Need to Tighten Further After the Summer, Nagel Says
The European Central Bank may have to continue raising borrowing costs beyond the summer, according to Governing Council
2023-05-12 16:23
Toshiba says working with JIP to 'quickly complete' $15 billion buyout
By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp said on Friday it was working with Japan Industrial Partners (JIP) to quickly
2023-05-12 16:16
Tesla Recalls 1.1 Million Cars in China Over Braking Defect
Tesla Inc. will need to fix almost every car it’s ever sold in China due to an issue
2023-05-12 15:59
Singapore central bank chief Menon re-appointed for 2 more years
(Repeats to add update to tagline. Text unchanged) SINGAPORE (Reuters) -Singapore's central banker Ravi Menon has been re-appointed in his
2023-05-12 15:58
UBS’s Ermotti Says State, SNB Losses ‘Exceptionally Unlikely’
UBS Group AG Chief Executive Officer Sergio Ermotti said that the Swiss government and Central Bank are “exceptionally
2023-05-12 15:56
UK's THG shares dive 20% as another suitor bites the dust
By Yadarisa Shabong (Reuters) -British online retail platform THG Plc ended talks with Apollo Global Management on Friday, saying there
2023-05-12 15:52
Take Five: A summit with a ceiling
Right now, it's all about deadlines, as lawmakers race to thrash out a deal on the U.S. borrowing
2023-05-12 15:51
Bank of America to Lead $500 Million Debt Swap for Gabon
Bank of America Corp. will arrange a $500 million debt swap for marine conservation in Gabon, as these
2023-05-12 15:51
China to Send Special Envoy to Ukraine, Russia From Monday
China will send a special envoy to Ukraine from Monday, according to the Foreign Ministry, as Beijing tries
2023-05-12 15:50
Fed's Bowman calls for external review of Silicon Valley Bank oversight
By Pete Schroeder WASHINGTON Federal Reserve Governor Michelle Bowman said Friday that the central bank should hire an
2023-05-12 15:26
Rand Extends Slump as South Africa’s Row With US Puts Trade Ties at Risk
The rand slumped to its weakest level on record against the dollar as a diplomatic row between South
2023-05-12 15:26
Fed Needs More Hikes If Inflation, Labor Stay Hot, Bowman Says
The Federal Reserve will likely need to raise interest rates further and hold them higher for some time
2023-05-12 15:24