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Turkey delivers 650-bp rate hike to 15% but still underwhelms
ISTANBUL (Reuters) - Turkey's central bank hiked its key interest rate by 650 basis points to 15% on Thursday in a reversal of President Tayyip Erdogan's low-rates policy, although the post-election t...
Syndicated Content Jun 22, 2023
Credit Agricole’s CACEIS registers in France as crypto custody services provider
PARIS (Reuters) - CACEIS, the asset servicing business owned by Credit Agricole and Santander, has registered with France's markets regulator AMF to provide custody services for digital assets, such a...
Syndicated Content Jun 22, 2023
Bank of England hikes rates to 5% in surprise move to tackle stubborn inflation
By David Milliken and Suban Abdulla LONDON, June 22 (Reuters) - The Bank of England raised interest rates by a bigger-than-expected half a percentage point on Thursday after it said there had been "si...
Syndicated Content Jun 22, 2023
Micron confirms up to $825 million investment in India chip facility
OAKLAND, California (Reuters) - U.S. memory chip firm Micron Technology, Inc said on Thursday it would invest up to $825 million in a new chip assembly and test facility in Gujarat, India, its first f...
Syndicated Content Jun 22, 2023
Accenture forecasts fourth-quarter revenue below estimates
(Reuters) - IT consulting firm Accenture forecast fourth-quarter revenue below Wall Street estimates on Thursday on worries that rising economic uncertainty will keep IT budgets tight and prevent busi...
Syndicated Content Jun 22, 2023
Analysis-Smaller aerospace suppliers scramble for titanium, workers in shadow of travel boom
By Allison Lampert and Aditi Shah PARIS/NEW DELHI (Reuters) - Standing at a small booth among a row of other Japanese aerospace suppliers at the Paris Airshow, Yoko Konno is excited at the prospect of...
Syndicated Content Jun 22, 2023
Content moderator in Germany put on leave after testifying over work conditions
By Martin Coulter and Hakan Ersen LONDON (Reuters) - A social media content moderator in Germany has been put on paid leave pending an internal investigation by his employer TELUS International, the u...
Syndicated Content Jun 22, 2023
Shares of UK online supermarket Ocado soar on talk of Amazon bid interest
LONDON (Reuters) -Ocado Group shares surged by over 40% on Thursday after The Times newspaper reported speculation of possible bid interest in the online supermarket and technology group recently sque...
Syndicated Content Jun 22, 2023
Philippines central bank extends rate hike pause, cut ‘unlikely’ in near future
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) - The Philippine central bank kept its benchmark interest rate steady at 6.25% for a second straight meeting on Thursday, and its governor ...
Syndicated Content Jun 22, 2023
Futures inch lower after Powell hints at more rate hikes
(Reuters) - U.S. stock index futures edged lower on Thursday, a day after Federal Reserve Chair Jerome Powell stuck to his hawkish stance on interest rate hikes, while investors looked ahead to his se...
Syndicated Content Jun 22, 2023
Peoria, IL, USA
62 °F Partly cloudy
