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European shares slip as Credit Suisse profit warning weighs on banks
(Reuters) - European shares fell on Wednesday, quickly erasing opening gains as a near 6% slide in Credit Suisse after a profit warning hit banks, while falling metal prices weighed on miners. The pan...
Syndicated Content Jun 08, 2022
WTO chief says deals within reach ahead of Geneva meeting
GENEVA (Reuters) - The head of the World Trade Organization told Reuters on Wednesday that agreements on cutting fish subsidies and vaccine sharing were "within shouting distance" ahead of a major tra...
Syndicated Content Jun 08, 2022
French Finance Minister: reaffirms inflationary peaks to last several more months
PARIS (Reuters) - French Finance Minister Bruno Le Maire reaffirmed on Wednesday that he expected the peak in inflation to last several more weeks or even several more months, before eventually going ...
Syndicated Content Jun 08, 2022
BOJ will consider downgrading view on output as China lockdowns weigh – sources
TOKYO (Reuters) - The Bank of Japan will consider downgrading its assessment on factory output at this month's policy meeting, sources said, as supply disruptions caused by China's strict COVID-19 loc...
Syndicated Content Jun 08, 2022
Australian lenders lift variable mortgage rates after RBA hike
(Reuters) - Australia's major lenders raised their home loan variable interest rates on Wednesday by 50 basis points per annum, a day after the central bank surprised markets with its hawkish tone. Th...
Syndicated Content Jun 08, 2022
After lockdown, Shanghai tries to mend fences with foreign firms
SHANGHAI (Reuters) - Shanghai officials are seeking to revive confidence among multinational firms bruised and frustrated by the city's COVID-19 lockdown, by holding multiple meetings with foreign fir...
Syndicated Content Jun 08, 2022
Thai central bank holds key rate at record low despite inflation
BANGKOK (Reuters) - Thailand's central bank left its key interest rate unchanged at a record low on Wednesday, as expected, maintaining support for a slow economic recovery in the face of global uncer...
Syndicated Content Jun 08, 2022
Marketmind: Safe as houses
A look at the day ahead in markets from Sujata Rao One of the biggest challenges for central banks is to let the air out of housing markets slowly, without precipitating a collapse of a sector that is...
Syndicated Content Jun 08, 2022
Biden’s plan to pitch Latin America reboot at summit dogged by dispute and dissent
By Dave Graham, Matt Spetalnick and Daina Beth Solomon LOS ANGELES (Reuters) - President Joe Biden kicks off a summit on Wednesday that was conceived as a platform to showcase U.S. leadership in reviv...
Syndicated Content Jun 08, 2022
German industrial output rises smaller-than-expected 0.7% in April
BERLIN (Reuters) - German industrial production recovered but rose less than expected in April as pandemic restrictions and war in Ukraine disrupted supply chains, official data showed on Wednesday. I...
Syndicated Content Jun 08, 2022
Peoria, IL, USA
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