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Nigeria hikes rate to highest level to head off inflation
By MacDonald Dzirutwe LAGOS (Reuters) - Nigeria's central bank on Tuesday hiked its main lending rate by 150 basis points to 15.50%, its highest level yet and more than forecast, forging ahead with ef...
Syndicated Content Sep 27, 2022
White House: U.S. welcomes Russians seeking asylum
WASHINGTON (Reuters) - The United States welcomes Russians seeking asylum from President Vladimir Putin's "unpopular" war, White House Press Secretary Karine Jean-Pierre said on Tuesday. "We believe t...
Syndicated Content Sep 27, 2022
FACTBOX – How Germany’s industrial giants are preparing for winter
By Victoria Waldersee BERLIN (Reuters) - Germany has managed to fill its gas reserves to 91.32% of capacity, allaying fears it could run out this winter after Russian gas flows fell sharply following ...
Syndicated Content Sep 27, 2022
Commerzbank to take 490 million euro Q3 hit due to mBank unit
FRANKFURT (Reuters) -Germany's Commerzbank said on Tuesday it would take a 490 million euro ($471 million) hit to its third-quarter operating profit after its Polish mBank unit booked additional provi...
Syndicated Content Sep 27, 2022
S&P 500 falls to two-year low, bear market rally snuffed out
By Chuck Mikolajczak (Reuters) -The S&P 500 fell to its lowest level in almost two years on Tuesday on worries about super aggressive Federal Reserve policy tightening, trading under its June trough a...
Syndicated Content Sep 27, 2022
FTX President Brett Harrison steps down
(Reuters) - Brett Harrison, president of FTX US, is stepping down from his role but will stay on in an advisory capacity at the cryptocurrency exchange, he wrote in a series of tweets on Tuesday. Harr...
Syndicated Content Sep 27, 2022
UK 30-year yields hit highest since 2002, extending post-tax cuts surge
LONDON (Reuters) -Yields on British government debt surged to new multi-year highs on Tuesday, led by 20 and 30-year bonds, adding to their steep climb since finance minister Kwasi Kwarteng announced ...
Syndicated Content Sep 27, 2022
Credit Suisse co-head of global banking Welter to join Citigroup
ZURICH (Reuters) - Credit Suisse's global co-head of banking and EMEA co-head of investment banking and capital markets Jens Welter is leaving to join Citigroup, in a blow to the Swiss bank as it prep...
Syndicated Content Sep 27, 2022
Biden assures Florida mayors of federal help as Hurricane Ian nears
By Steve Holland WASHINGTON (Reuters) -President Joe Biden has called mayors in three Florida cities as Hurricane Ian nears the state to assure them federal support is pre-positioned to deploy food, s...
Syndicated Content Sep 27, 2022
Miner BHP wants to expand presence in Peru, says executive
LIMA (Reuters) - Global miner BHP wants to expand its presence in Peru through exploration of new projects, Rag Udd, who heads the company in the Americas, said on Tuesday at the Perumin mining confer...
Syndicated Content Sep 27, 2022
Peoria, IL, USA
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