Lula Lashes Out and Sends Warning to Central Bankers Everywhere
There are few, if any, leaders in the world who are publicly lashing out at central bankers more
2023-05-24 20:25
Bank of Montreal Misses Forecast; Loan-Loss Set-Asides Grow
Bank of Montreal posted a surprise drop in fiscal second-quarter profit as it set aside a larger provision
2023-05-24 20:16
BMO, Scotiabank Earnings Miss as Loan-Loss Provisions Increase
Bank of Montreal and Bank of Nova Scotia missed earnings estimates after both Canadian banks reported higher loan-loss
2023-05-24 19:56
Will the debt ceiling debate finish the Fed's inflation fight?
Over the last 14 months, the Federal Reserve has taken a deliberate and economically painful approach to combating elevated inflation rates through interest rate hikes. The regional banking crisis and a possible debt-ceiling induced default on US debt could change all of that.
2023-05-24 19:54
Israel Passes Budget With Big Grants to Ultra-Orthodox
Israel’s parliament passed a national two-year budget that includes billions of dollars in funding for West Bank settlements
2023-05-24 19:54
EU Banks Are Said to Sail Through Early Round of Stress Test
Many large European banks are emerging from early rounds of a key stress test in robust financial health,
2023-05-24 19:50
Uber steps up EV push in India with Uber Green
By Aditi Shah and Navamya Ganesh Acharya NEW DELHI/BENGALURU (Reuters) -Ride-hailing platform Uber Technologies is stepping up its efforts to
2023-05-24 18:21
German Business Outlook Drops Amid Weak Factory Performance
Germany’s business outlook deteriorated for the first time since October as a struggling manufacturing sector threatens to undermine
2023-05-24 17:59
Russian PM Says China Ties at ‘Unprecedented’ High Level
Russian Prime Minister Mikhail Mishustin told China’s premier that bilateral relations are stronger than ever, as Moscow looks
2023-05-24 17:58
Japan's Rakuten set to raise $2.18 billion through share issue
TOKYO (Reuters) -Japanese e-commerce and fintech conglomerate Rakuten Group Inc will raise up to 294.2 billion yen ($2.18 billion) by
2023-05-24 16:58
Stocks slide on U.S. debt ceiling and inflation woes
By Lawrence White LONDON Stocks lurched downwards on Wednesday as U.S. debt ceiling negotiations dragged on without resolution,
2023-05-24 16:16
Roubini Warns US-China Cold War Risks Worsening After G-7 Summit
Nouriel Roubini warned the US and China are headed down a path of confrontation after a Group of
2023-05-24 15:47