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EU tests banks’ ability to withstand ‘high-for-long’ interest rates
By Huw Jones LONDON (Reuters) - European Union banking regulators on Tuesday launched a stress test to check how banks could cope with a long period of high inflation and interest rates just as the Eu...
Syndicated Content Jan 31, 2023
Russia to hold rates in Feb, economy seen contracting again in 2023- Reuters poll
By Alexander Marrow (Reuters) - The Bank of Russia will keep interest rates on hold at 7.5% next week as inflation remains above target, pushing the country's economy to a second year of contraction i...
Syndicated Content Jan 31, 2023
Russian tech giant Yandex says code leaked in cybersecurity incident
MOSCOW (Reuters) - Russian tech giant Yandex said on Tuesday that fragments of its program code had been leaked online, with a preliminary investigation revealing violations of some of its own interna...
Syndicated Content Jan 31, 2023
Pentair results beat expectations on strong demand for fresh water tech
(Reuters) - Pentair Plc, which provides water treatment technology, reported better-than-expected quarterly profit and revenue on Tuesday, aided by strong demand for fresh water. Companies have been p...
Syndicated Content Jan 31, 2023
Banks battle to shed unsold buyout loans – sources
By Chiara Elisei, Nell Mackenzie and Pablo Mayo Cerqueiro LONDON(Reuters) - Banks are whittling down a pile of unsold loans that backed private equity buyouts in the cheap-money era and trying to avoi...
Syndicated Content Jan 31, 2023
Budweiser looks to younger generation in Super Bowl ad
By Sheila Dang (Reuters) -Budweiser is aiming to appeal to younger beer drinkers with a Super Bowl commercial that features actor Kevin Bacon and hip hop record producer Metro Boomin, and brings back ...
Syndicated Content Jan 31, 2023
Exclusive-Warner Bros Discovery licenses movies and TV shows to Roku, Tubi
By Dawn Chmielewski (Reuters) - Warner Bros Discovery Inc has reached deals with streaming services Roku Inc and Fox Corp's Tubi to license 2,000 hours of movies and TV series, as it becomes the lates...
Syndicated Content Jan 31, 2023
Growth in U.S. labor costs smallest in a year in fourth quarter
By Lucia Mutikani WASHINGTON (Reuters) -U.S. labor costs increased at their slowest pace in a year in the fourth quarter as wage growth slowed, offering a boost to the Federal Reserve in its fight aga...
Syndicated Content Jan 31, 2023
‘Show me yours’ – Biden to push McCarthy on Republican budget
WASHINGTON (Reuters) - The White House said Tuesday that President Joe Biden will put forth his proposed U.S. spending plan on March 9, setting a deadline ahead of his meeting with the U.S. House's Re...
Syndicated Content Jan 31, 2023
Quantum computing software startup Q-CTRL raises $27.4 million
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) - Sydney-based startup Q-CTRL, whose software helps run quantum computers more accurately, said on Tuesday it raised $27.4 million with Salesforce Ventures...
Syndicated Content Jan 31, 2023
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