A Cash Crunch Is Pushing Up Funding Costs in India Deterring More RBI Hikes
A cash crunch driven surge in funding costs in Indian money market to a five-week high may deter
2023-05-11 15:47
US debt 'brinkmanship' risks serious costs: Yellen
Political brinkmanship over raising the US debt ceiling risks "serious economic costs" even without the "catastrophe" of a default, Treasury Secretary Janet Yellen warned Thursday...
2023-05-11 15:26
Yellen Says Debt Default Would Hurt US International Leadership
Treasury Secretary Janet Yellen said failure to avoid a looming federal government default would undermine Washington’s ability to
2023-05-11 15:21
How Europe is building artificial intelligence guardrails
Authorities around the world are racing to draw up rules for artificial intelligence, including in the European Union, where draft legislation faces a pivotal moment
2023-05-11 14:59
Norway to Raise Oil Wealth Spending to Protect Welfare Services
Norway plans to raise spending of its $1.4 trillion sovereign wealth fund, citing the need to protect welfare
2023-05-11 14:57
Bayer Sees Profit at Low End of Target as Weedkiller Tumbles
Bayer AG said profit this year will probably be at the lower end of its forecast amid falling
2023-05-11 14:54
Deutsche Telekom slightly raises 2023 profit outlook
BERLIN Deutsche Telekom slightly raised its full-year operating profit target on Thursday after reporting a small bump in
2023-05-11 14:51
Man Group CEO Luke Ellis to retire, Robyn Grew to take charge
LONDON Man Group said on Thursday its chief executive Luke Ellis would retire in September and be succeeded
2023-05-11 14:46
Honda Profit Outlook Tops Estimates as Supply Constraints Ease
Honda Motor Co. forecast profit for the current fiscal year, slightly exceeding analysts’ projections, thanks to a recovery
2023-05-11 14:29
SoftBank posts $7.18 billion annual loss as Vision Fund slides further
TOKYO (Reuters) -Japan's SoftBank Group Corp reported an annual net loss of 970 billion yen ($7.18 billion) for the year
2023-05-11 14:26
Blackstone in Talks With US Regional Banks Over Lending, FT Says
Blackstone Inc. is in talks with regional banks about forming partnerships where they would make loans that the
2023-05-11 14:24
Asian stocks waver on China deflation worries, mixed Japan earnings
By Julie Zhu HONG KONG (Reuters) -Asian shares traded cautiously on Thursday as investors fretted about growing deflationary pressures in
2023-05-11 14:20