Category Archives:
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...
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...
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...
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...
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...
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...
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...
Oct 27, 2022
U.S. core capital goods orders unexpectedly fall in September
WASHINGTON (Reuters) - New orders for U.S.-made capital goods unexpectedly fell in September, the Commerce Department said on Thursday, suggesting a loss of momentum in business spending on equipment ...
Oct 27, 2022
Google to appeal Android fine at Europe’s top court
By Foo Yun Chee BRUSSELS (Reuters) - Alphabet unit Google will appeal its record 4.1-billion-euro ($4.10 billion) EU antitrust fine at Europe's top court after a lower tribunal threw out its challenge...
Oct 27, 2022
Global FX trading hits record $7.5 trln a day – BIS survey
By Marc Jones and Alun John LONDON (Reuters) - Currency trading has hit a record $7.5 trillion-a-day, a comprehensive new study has shown, with the dollar retaining its global dominance but some signs...
Oct 27, 2022
Peoria, IL, USA
52 °F Rain
