Category Archives:
Indian govt not averse to weaker rupee vs dollar – source
By Ira Dugal and Aftab Ahmed NEW DELHI (Reuters) -The Indian government is not averse to a weaker rupee in line with global market fundamentals, a senior official told Reuters, at a time when the cent...
Sep 22, 2022
European stock index futures drop 1.5% after hawkish Fed signal
(Reuters) - European stock index futures tumbled on Thursday as the U.S. Federal Reserve delivered another super-sized interest rate hike and signalled more increases in its fight against stubbornly h...
Sep 22, 2022
Britain to examine competition in cloud services
LONDON (Reuters) - Britain's communications regulator said it would investigate the position of cloud "hyperscalers" Amazon, Microsoft and Google, which together account for around 81% of revenue in t...
Sep 22, 2022
Exclusive-HSBC fund arm toughens thermal coal policy to curb climate change
By Simon Jessop and Sinead Cruise LONDON (Reuters) - HSBC Holdings Plc told Reuters on Thursday it will stop financing the expansion of thermal coal from funds it manages actively with immediate effec...
Sep 22, 2022
Novartis unveils new strategy based on eight multi-billion dollar brands
ZURICH (Reuters) - Novartis unveiled a new strategy on Thursday based on eight drug brands which it said could generate sales in the range of multiple billions of dollars. Ahead of an investor event, ...
Sep 22, 2022
ECB must keep raising rates despite downturn, Schnabel says
FRANKFURT (Reuters) - The euro zone is facing an economic downturn but inflation is still far too high, so interest rates need to keep going up, European Central Bank board member Isabel Schnabel said...
Sep 22, 2022
Marketmind: Markets ‘Fed Up’
A look at the day ahead in European and global markets from Anshuman Daga No pain, no gain. That seems to be message from the Fed as it gave sobering projections and set the ground for its policy rate...
Sep 22, 2022
Cyber attack on Australia’s Optus puts addresses, passport info at risk
(Reuters) -Optus, the Australian unit of Singapore Telecommunications, said on Thursday it was investigating a data breach that could have exposed personal information including home addresses, passpo...
Sep 21, 2022
China’s largest policy bank to boost infrastructure loans to local govts
BEIJING (Reuters) - The China Development Bank (CDB) said on Thursday it will increase the number of infrastructure loans it gives to local governments, while prioritising the needs of major economic ...
Sep 21, 2022
Japan ‘most certainly’ will intervene in FX market if needed -top FX diplomat
TOKYO (Reuters) - Japan has not intervened in the currency market yet but will "most certainly" do so when necessary, the country's top currency diplomat, Masato Kanda, said on Thursday. "Markets are ...
Sep 21, 2022
Peoria, IL, USA
45 °F Overcast
