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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
US banks push back as regulators prepare international capital hikes
By Pete Schroeder WASHINGTON (Reuters) - U.S. banks are pushing to soften a major regulatory proposal to hike bank capital requirements, worried it could prove too onerous, especially for lenders stil...
Syndicated Content Jun 22, 2023
GE to make fighter jet engines for Indian Air Force
(Reuters) - General Electric said on Thursday it has signed a memorandum of understanding with India's state-owned Hindustan Aeronautics Ltd to make fighter jet engines for the Indian Air Force. The d...
Syndicated Content Jun 22, 2023
Analysis-Technology deal doldrums give bankers the job-hopping itch
By Milana Vinn NEW YORK (Reuters) - When a senior Goldman Sachs technology banker delivered a grim prediction to his colleagues earlier this year, it marked the beginning of downturn that would result...
Syndicated Content Jun 22, 2023
FTC to argue Microsoft’s deal to buy Activision should be paused
WASHINGTON (Reuters) - The U.S. Federal Trade Commission on Thursday will argue in federal court for a preliminary injunction to temporarily block Microsoft's acquisition of videogame maker Activision...
Syndicated Content Jun 22, 2023
Half of Americans think Joe Biden’s son received special treatment -Reuters/Ipsos poll
By Jason Lange WASHINGTON (Reuters) - Half of Americans believe U.S. President Joe Biden's son, Hunter Biden, received preferential treatment from prosecutors who reached a deal that would allow the y...
Syndicated Content Jun 22, 2023
Marketmind: Dogged central banks rein in risk
A look at the day ahead in U.S. and global markets from Mike Dolan Even if investors sense light at the end of the tunnel, Western central banks are clearly not finished tightening credit just yet - c...
Syndicated Content Jun 22, 2023
HIGHLIGHTS-What world leaders said at the Paris finance summit
PARIS (Reuters) - Following are highlights of what world leaders said at a summit in Paris on Thursday to boost crisis financing for poor countries, reform post-war financial systems and free up funds...
Syndicated Content Jun 22, 2023
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