Fed nominee Barr says hes committed to bringing down inflation
div classBodysc17zpet90 cdBBJodivpBy Lindsay Dunsmuir and Pete Schroederp pReuters – U.S. Federal Reserve nominee Michael Barr, nominated by Democratic President Joe Biden to be the […]
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Indian rupee off record lows on RBI intervention; bond yields riseIndian rupee off record lows on RB
The Indian rupee gradually recovered after touching a record low on Tuesday, after the central bank intervened while bond yields edged higher tracking the uptick […]
Spains BBVA pays $1.4 billion for additional 36.12% stake in Turkish lender Garanti
div classBodysc17zpet90 cdBBJodivpISTANBULMADRID Reuters – Spains BBVA said on Wednesday it had paid 22.76 billion Turkish lira 1.43 billion for an additional 36.12 stake in […]
Euro zone yields climb after ECB’s Knot signals 50-bp hike possible
Euro zone government bond yields extended their rise while money markets ramped up rate-hike expectations on Tuesday, after European Central Bank official Klaas Knot signalled […]
Russias TCS says first quarter net profit fell, without giving figures
div classBodysc17zpet90 cdBBJodivpReuters – TCS Group Holding, which runs online bank Tinkoff, Russias secondlargest credit card issuer, said on Wednesday its net profit had fallen […]
Strong U.S. retail sales data, Powell promises Fed to keep raising interest rates
Fundamentals: U.S. retail sales data was strong on Tuesday. The monthly rate of U.S. retail sales in April was 0.9%, the highest since January this […]
Mastercard to cover employee travel, lodging for out-of-state abortions
div classBodysc17zpet90 cdBBJodivpReuters – Mastercard Inc on Wednesday said it will fund travel and lodging for employees seeking abortions outside their home states from June, […]
Chiles congress approves minimum wage hike
div classBodysc17zpet90 cdBBJodivpSANTIAGO Reuters – Chiles congress voted to approve an increase in the minimum wage on Wednesday as the Andean country struggles with soaring […]
Brazilians take on Braskem in Dutch court over city of cracks
div classBodysc17zpet90 cdBBJodivpBy Kirstin Ridleyp pLONDON Reuters – A group of Brazilians seeking to sue petrochemicals giant Braskem SA in the Netherlands, after tremors and […]
Carvanas license to sell vehicles in Illinois suspended – state official
div classBodysc17zpet90 cdBBJodivpReuters – Online usedcar retailer Carvana Cos license to sell vehicles in Illinois was suspended on May 10 over the mishandling of paperwork […]