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Fed signals intent to join the great central bank stimulus exit
LONDON (Reuters) - The U.S. Federal Reserve has kicked off 2022 with a clear message: rates will rise to contain surging inflation. Other central banks have already started the rates liftoff, and even...
Syndicated Content Jan 27, 2022
Swiss banks criticise steps to cool runaway property market
By John Revill ZURICH (Reuters) - Swiss banks have criticised planned new measures designed to cool the country's red hot property market, saying the steps were unnecessary and would do nothing to slo...
Syndicated Content Jan 27, 2022
U.S. banks look forward to ‘bread-and-butter’ growth as economy rebounds
By David Henry NEW YORK (Reuters) - U.S. banks will enjoy stronger growth this year from their "bread-and-butter" business of taking deposits and lending money as the U.S. economy expands and the Fede...
Syndicated Content Jan 27, 2022
Crypto giant Binance hopes Russia will help regional growth
By Elena Fabrichnaya MOSCOW (Reuters) - Binance, the world's largest cryptocurrency exchange, wants to expand in Russia and neighbouring states where it sees prospects for new regulations that will bo...
Syndicated Content Jan 27, 2022
U.S. pending home sales fall for second straight month in December
WASHINGTON (Reuters) - Contracts to buy U.S. previously owned homes fell for a second straight month in December amid record low inventory. The National Association of Realtors (NAR) said on Thursday ...
Syndicated Content Jan 27, 2022
Early data show January losses for stock picking hedge funds
(Reuters) - Hedge funds that specialize in picking stocks started 2022 with losses, investors and research firms said this week as markets went on a rollercoaster ride fueled by fears of rising intere...
Syndicated Content Jan 27, 2022
Biden, buoyed by GDP figures, urges Congress to pass bills
WASHINGTON (Reuters) - U.S. President Joe Biden welcomed the strong GDP growth figure released on Thursday, saying his economic plan is working and urging Congress to pass legislation to make the Unit...
Syndicated Content Jan 27, 2022
U.S. announces 20,000 additional H-2B visas -statement
WASHINGTON (Reuters) - The U.S. government said on Thursday it would grant an additional 20,000 H-2B visas for the first half of the fiscal year, in an attempt to ease the U.S. labor crunch. The visas...
Syndicated Content Jan 27, 2022
New EV owners resist gasoline cars, survey shows
(Reuters) - First-time owners of electric vehicles were reluctant to switch back to gasoline-fueled cars even as concerns continued to loom about the availability of charging infrastructure, a report ...
Syndicated Content Jan 27, 2022
Altice calls off Portugal sale over valuation row with buyout funds – sources
By Pamela Barbaglia and Sergio Goncalves LONDON (Reuters) - Altice Europe NV has ditched a plan to sell its Portuguese business after private equity bids failed to meet price expectations, leaving fou...
Syndicated Content Jan 27, 2022
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