Category Archives:
Fed pause baked in after “dovish” hike
(Reuters) - The U.S. Federal Reserve on Wednesday raised interest rates by a widely expected 25 basis points and dropped from its policy statement language saying that it "anticipates" further rate in...
Syndicated Content May 04, 2023
Global gas markets rebalancing, to remain tight in 2023- IEA
By Marwa Rashad LONDON (Reuters) - Global gas markets are gradually rebalancing but are expected to remain tight in 2023 amid lower Russian pipeline gas deliveries to Europe, the International Energy ...
Syndicated Content May 04, 2023
Capgemini posts weaker revenue growth in Q1
(Reuters) - French IT consulting group Capgemini on Thursday reported a weaker revenue growth in the first quarter of 2023 versus the same period of last year, citing a tense economic environment with...
Syndicated Content May 04, 2023
Vietnam raises retail electricity price by 3%
HANOI (Reuters) - Vietnam on Thursday raised its average retail electricity price by 3%, the government said, in a move that could put upward pressure on inflation. Annual inflation in the Southeast A...
Syndicated Content May 04, 2023
As sales decline, Adidas faces pressure to find Yeezy fix
By Helen Reid LONDON (Reuters) - Adidas is set to update investors on Friday about the unsold Yeezy shoes that have put the German sportswear giant in a predicament since it cut ties with Kanye West o...
Syndicated Content May 04, 2023
Analysis-Fed’s hiking pause may not signal all-clear for US stocks
By Lewis Krauskopf and David Randall NEW YORK (Reuters) - The end of a market-punishing rate hiking cycle may be in sight, but uncertainty over stock valuations and the economic outlook is keeping inv...
Syndicated Content May 04, 2023
PacWest Bancorp explores strategic asset sales
(Reuters) - PacWest Bancorp said on Thursday that it is exploring strategic asset sales, including moving the $2.7 billion lender finance loan portfolio to held-for-sale in the first quarter. The bank...
Syndicated Content May 03, 2023
Marketmind: Next up ECB: Will it be a hawkish 25 or dovish 50?
A look at the day ahead in European and global markets from Vidya Ranganathan. The spotlight moves swiftly from the Fed's "possible pause or pivot" message overnight to the European Central Bank, wher...
Syndicated Content May 03, 2023
HSBC to raise Hong Kong best lending rate to 5.75%
HONG KONG (Reuters) - HSBC will raise its Hong Kong dollar best lending rate from 5.625% to 5.75% with effect from Friday, the bank said in a statement on Thursday, following the territory's central b...
Syndicated Content May 03, 2023
Vodafone, CK Hutchison set to unveil 15 billion pounds UK mobile tie-up – FT
(Reuters) - Vodafone and CK Hutchison are close to agreeing a 15 billion pounds (about $19 billion) combination of their UK telecoms businesses that would create the country's biggest mobile operator,...
Syndicated Content May 03, 2023

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