Category Archives:
Wirecard in the dock as Germany’s biggest fraud trial starts
By Jrn Poltz and Christian Kraemer MUNICH/BERLIN (Reuters) - Former Wirecard executives go on trial on Thursday, two years after the collapse of the payments company that produced Germany's biggest po...
Dec 06, 2022
Analysis-Investors look to emerging markets as planets align for end of dollar bull market
By Saqib Iqbal Ahmed NEW YORK (Reuters) - As the U.S. dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be big winners from a sustained reversal in the...
Dec 06, 2022
Marketmind: Powerless
A look at the day ahead in European and global markets from Anshuman Daga Just as missile attacks fuel worries of emergency blackouts in Ukraine, global equities are also feeling the pain from U.S. ec...
Dec 05, 2022
Citigroup, Revlon lenders say three lenders ready to settle, with end in sight
By Jonathan Stempel NEW YORK (Reuters) - Citigroup Inc is close to getting back about $500 million it accidentally paid to 10 Revlon Inc lenders, with three on the verge of returning their payouts and...
Dec 05, 2022
World Bank approves Sri Lanka’s concessional funding request
COLOMBO (Reuters) - The World Bank has approved crisis-hit Sri Lanka's request to access concessional financing from the International Development Association so as to help stabilise its economy, the ...
Dec 05, 2022
Philippines on track to lose growth momentum in 2023 – World Bank
MANILA (Reuters) - The Philippine economy is expected to lose momentum in 2023 with the pace of expansion set to slow to 5.7% as soaring inflation and higher interest rates crimp domestic demand, the ...
Dec 05, 2022
Australia central bank raises rates to 10-yr high, says more needed
By Stella Qiu SYDNEY (Reuters) - Australia's central bank on Tuesday delivered a widely expected interest rate hike at its last policy decision of 2022 and said more hikes are still needed ahead as po...
Dec 05, 2022
Stocks ease from 3-month highs, dollar firms up on strong U.S. data
By Anshuman Daga SINGAPORE (Reuters) - Asian stocks retreated from three-month highs and the dollar held on to gains following strong U.S. data that again suggested the Federal Reserve might stick lon...
Dec 05, 2022
Australia sues Telstra for not informing customers of downgrade in internet speed
(Reuters) - Australian competition regulator on Tuesday took the country's top telecom firm Telstra Corp to court for failing to inform some customers about downgrading the upload speed of its broadba...
Dec 05, 2022
Kirstie Alley, ‘Cheers’ and ‘Look Who’s Talking’ Star, dies aged 71
By Tim Reid LOS ANGELES (Reuters) - Kirstie Alley, the two-time Emmy-winning actress who rose to fame in her role on the hit TV series 'Cheers', died on Monday after a short battle with cancer, her re...
Dec 05, 2022
Peoria, IL, USA
62 °F Sunny
