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RBNZ to deliver a final 25 bps interest rate hike in May
By Devayani Sathyan BENGALURU (Reuters) - New Zealand's central bank will raise interest rates by 25 basis points in May to 5.50% following a surprise half-point move on Wednesday and then pause for t...
Syndicated Content Apr 06, 2023
Italian businesses more upbeat about economy-central bank survey
MILAN (Reuters) - The opinion of Italian businesses on the prospects for the economy improved in the first quarter of 2023 compared with the previous three months, the Bank of Italy said on Thursday, ...
Syndicated Content Apr 06, 2023
Exclusive-China plans $500 million subsea internet cable to rival U.S.-backed project
By Joe Brock SINGAPORE (Reuters) - Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to rival...
Syndicated Content Apr 06, 2023
Toyota looks to overhaul EV strategy as new CEO takes charge
By Norihiko Shirouzu, Joseph White and Maki Shiraki (Reuters) - After making sweeping changes to its leadership team, Japan's Toyota Motor Corp is looking at a factory floor overhaul as it maps out a ...
Syndicated Content Apr 06, 2023
Saudi Arabia commits financial support to help Pakistan secure IMF deal – Pakistani minister
By Asif Shahzad ISLAMABAD (Reuters) - Saudi Arabia has conveyed to International Monetary Fund its commitment to provide financing to Pakistan, Pakistani junior finance minister Aisha Ghaus Pasha said...
Syndicated Content Apr 06, 2023
Russia’s Ozon reports 55% jump in 2022 revenue
MOSCOW (Reuters) - Russian online retailer Ozon on Thursday said its 2022 revenue jumped 55% to 277.1 billion roubles ($3.4 billion) but costs related to a major fire a fulfilment centre pushed it to ...
Syndicated Content Apr 06, 2023
Uganda central bank holds key lending rate
KAMPALA (Reuters) - Uganda's central bank on Thursday held its key lending rate at 10.0%, saying the near-term risks to the inflation outlook remained elevated. The decision, announced by deputy gover...
Syndicated Content Apr 06, 2023
Futures muted as focus shifts to jobs data amid recession fears
(Reuters) - U.S. stock index futures were subdued on Thursday as investors awaited jobs data to gauge the impact of the Federal Reserve's aggressive policy tightening on the U.S. economy. Weak data fr...
Syndicated Content Apr 06, 2023
Barclays investors urged to reject bonuses for ex-CFO – Glass Lewis
By Iain Withers LONDON (Reuters) - Investor advisory firm Glass Lewis has recommended shareholders in Barclays vote against its pay for top bosses because of long-term bonuses awarded to its former fi...
Syndicated Content Apr 06, 2023
IMF: Zambia needs bilateral debt relief to secure next payout
By Rachel Savage and Chris Mfula LUSAKA (Reuters) - The next International Monetary Fund (IMF) payout to Zambia from a total loan of $1.3 billion is contingent upon its bilateral creditors reaching an...
Syndicated Content Apr 06, 2023
Peoria, IL, USA
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