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Poland has no ample space to hike rates, central banker Kochalski says
WARSAW (Reuters) - The Polish central bank does not have ample room to increase interest rates amid an expected economic slowdown, central banker Cezary Kochalski said on Tuesday. Poland's inflation w...
Syndicated Content Oct 18, 2022
Currency hit to N. American companies seen ‘bad’ after rough Q2 -report
By Caroline Valetkevitch NEW YORK (Reuters) - A surging U.S. dollar is likely to weigh even more on North American companies' third-quarter results than in the prior quarter, when the currency impact ...
Syndicated Content Oct 18, 2022
Goldman CEO says reasonable chance of U.S. recession in 2023
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) - The United States may tip into a recession next year, but it is possible that inflation can be tamed without causing too much economic pain, Goldm...
Syndicated Content Oct 18, 2022
Minneapolis Fed directors wanted 100 bp discount rate hike in September
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Minneapolis board members sought a full percentage point increase in a key emergency borrowing rate for commercial banks ahead of the c...
Syndicated Content Oct 18, 2022
Singapore’s GIC says global recession scenario possible, eyes Australia opportunities
By Praveen Menon SYDNEY (Reuters) - Singapore sovereign wealth fund GIC, one of the world's biggest investors, said it is factoring in the potential for a global recession and was prepared to stress-t...
Syndicated Content Oct 18, 2022
Malawi close to sealing $54 million IMF emergency funding for economic shock
By Frank Phiri LILONGWE (Reuters) - International Monetary Fund approval of up to $54 million of emergency funding for Malawi is likely in the next couple of days, sources said on Tuesday, as the sout...
Syndicated Content Oct 18, 2022
Sachem Head’s Ferguson says replacing CEO among tough jobs for activists
By Svea Herbst-Bayliss NEW YORK (Reuters) - Investor Scott Ferguson, who runs Sachem Head Capital Management, said one of the toughest tasks faced by activist investors may be to replace a company's c...
Syndicated Content Oct 18, 2022
Choppy markets likely to boost profit for U.S. exchange operators
By Manya Saini (Reuters) - Heightened market volatility could prove to be a boon for U.S. exchange operators as higher trading volumes during their third quarter help offset a hit from fewer stock lis...
Syndicated Content Oct 18, 2022
Yellen cites ‘significant’ Ukraine financing needs in meeting with PM -Treasury
By David Lawder WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen held a virtual meeting with Ukrainian Prime Minister Denys Shmyhal on Tuesday and "acknowledged Ukraine's significant financ...
Syndicated Content Oct 18, 2022
LA’s Cakeland draws visitors with layers of frosting, crystals
LOS ANGELES (Reuters) - Swarovski crystals, mirrors and gallons of fake frosting and cherries are whipped together in an immersive Los Angeles art gallery built to feel like a giant multi-layered cake...
Syndicated Content Oct 18, 2022

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