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UK banks start cutting ‘Truss premium’ from mortgage rates, but slowly
By Iain Withers and Lawrence White LONDON (Reuters) - Having hiked mortgage rates after political turmoil drove up the cost of borrowing, British banks are now cutting home loan prices, albeit slowly,...
Syndicated Content Oct 27, 2022
Biden says U.S. Q3 growth shows economic recovery ‘continuing to power forward’
WASHINGTON (Reuters) - President Joe Biden said on Thursday that a U.S. economic growth rebound in the third quarter was evidence an economic recovery "is continuing to power forward," and said his ad...
Syndicated Content Oct 27, 2022
Check Point Software sees further gains in Q4; CFO to take 6-month leave
By Steven Scheer JERUSALEM (Reuters) -Check Point Software Technologies forecast revenue growth of as much as 10% in the fourth quarter after handily beating third-quarter profit estimates on double-d...
Syndicated Content Oct 27, 2022
ECB gets rid of subsidy on bank loans to mop up cash
FRANKFURT (Reuters) - The European Central Bank on Thursday got rid of a subsidy on its multi-year loans to banks to encourage them to repay them early, in a move designed to mop up excess cash from t...
Syndicated Content Oct 27, 2022
Textron to deliver fewer private jets than “hoping to” in 2022 on supply chain delays
(Reuters) - Cessna business jet maker Textron Inc should deliver fewer private jets than originally expected in 2022 due to supply chain problems, the company said on Thursday after reporting a beat o...
Syndicated Content Oct 27, 2022
ECB hikes interest rates again
LONDON (Reuters) - The European Central Bank raised interest rates again on Thursday and signalled it was keen to start shrinking its bloated balance sheet, taking another big step in tightening polic...
Syndicated Content Oct 27, 2022
Famed “Girl with a Pearl Earring” painting targeted by climate activists – NOS
AMSTERDAM (Reuters) - Climate activists targeted Dutch master Johannes Vermeer's famed "Girl with a Pearl Earring" at a museum in The Hague, Dutch broadcaster NOS reported on Thursday, but the artwork...
Syndicated Content Oct 27, 2022
Top Russian lender Sberbank expands financial terminal capabilities
MOSCOW (Reuters) - Russia's dominant lender Sberbank on Thursday said it had expanded the capabilities of its SberCIB Terminal to add services previously provided by data providers that have suspended...
Syndicated Content Oct 27, 2022
Euro slides after ECB raises rates by 75 basis points, bank stocks rise
LONDON (Reuters) - The euro dropped and European government bond yields slid after the European Central Bank raised rates by 75 basis points, in line with market expectations. Bank stocks were also in...
Syndicated Content Oct 27, 2022
Traders bet on Fed downshift to half-point hike in December
(Reuters) - Traders of futures tied to short-term U.S. interest rates priced in a slightly less-hawkish path for the Federal Reserve's rate hikes after economic data Thursday showed inflation and hous...
Syndicated Content Oct 27, 2022

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