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European shares fall at open as recession risks weigh
(Reuters) - European shares fell on Friday, as recession warnings and bets of a large interest rate hike from the U.S. Federal Reserve next week knocked down sentiment. The continent-wide STOXX 600 in...
Syndicated Content Sep 16, 2022
Warburg eyes 30% stake in Indian shadow bank Vistaar for $150 million – sources
By M. Sriram MUMBAI (Reuters) - New York-based private equity firm Warburg Pincus LLC is in talks to invest around $150 million in Indian small-business lender Vistaar Finance, two sources familiar wi...
Syndicated Content Sep 16, 2022
Renault’s Dacia will stick to thermal engines as long as it can, CEO says
By Gilles Guillaume PARIS (Reuters) - Dacia, the low-cost brand of French carmaker Renault, plans to stick to thermal engines for as long as it can and help drivers reluctant to switch to electric eng...
Syndicated Content Sep 16, 2022
Kahoot shares rise 28% as General Atlantic buys Softbank’s stake
OSLO (Reuters) -Softbank said on Friday it had agreed to sell its 15% stake in Norwegian e-learning group Kahoot to U.S. private equity group General Atlantic FT BV. Kahoot's share price surged 28% in...
Syndicated Content Sep 16, 2022
Analysis-‘Temporary’ disappears as BOJ contemplates accelerating inflation
By Leika Kihara TOKYO (Reuters) - Something has gone missing from Bank of Japan statements about elevated inflation: the word "temporary". No longer signalling that robust price rises will be short-li...
Syndicated Content Sep 16, 2022
Philippine cbank sees wider 2022, 2023 c/a deficits on global growth woes
MANILA (Reuters) - The Philippine central bank said on Friday it expects the country's current account balance to register deficits equivalent to 5.0% and 4.5% of gross domestic product in 2022 and 20...
Syndicated Content Sep 16, 2022
China’s top legislator hopes to strengthen cooperation with S.Korea on supply chains
SEOUL (Reuters) - China's top legislator Li Zhanshu said on Friday he hopes to further strengthen cooperation with South Korea on supply chains, after meeting with South Korean parliament speaker Kim ...
Syndicated Content Sep 16, 2022
Celsius files for permission to sell its stablecoin holdings
(Reuters) - Bankrupt crypto lender Celsius Network on Thursday filed a request for the sale of its stablecoin holdings, in a bid to raise fund for its operations. The request was filed with United Sta...
Syndicated Content Sep 16, 2022
Euro zone slowdown not enough to control inflation, ECB’s de Guindos says
FRANKFURT (Reuters) - The euro zone's economic slowdown - or possibly recession - will not be enough to control inflation, and the European Central Bank will have to keep raising interest rates, ECB V...
Syndicated Content Sep 16, 2022
UK retail sales fall by much more than expected in August
LONDON (Reuters) -British retail sales fell last month by much more than expected, with a broad-based decline across all of the main retail sectors contributing to the biggest decline in volumes since...
Syndicated Content Sep 16, 2022
Peoria, IL, USA
49 °F Partly cloudy
