A Cash Crunch Is Pushing Up Funding Costs in India Deterring More RBI Hikes
A cash crunch driven surge in funding costs in Indian money market to a five-week high may deter
2023-05-11 15:49
Yellen Says Debt Default Would Hurt US International Leadership
Treasury Secretary Janet Yellen said failure to avoid a looming federal government default would undermine Washington’s ability to
2023-05-11 15:24
How Europe is building artificial intelligence guardrails
Authorities around the world are racing to draw up rules for artificial intelligence, including in the European Union, where draft legislation faces a pivotal moment
2023-05-11 14:58
Norway to Raise Oil Wealth Spending to Protect Welfare Services
Norway plans to raise spending of its $1.4 trillion sovereign wealth fund, citing the need to protect welfare
2023-05-11 14:55
Bayer Sees Profit at Low End of Target as Weedkiller Tumbles
Bayer AG said profit this year will probably be at the lower end of its forecast amid falling
2023-05-11 14:46
Deutsche Telekom slightly raises 2023 profit outlook
BERLIN Deutsche Telekom slightly raised its full-year operating profit target on Thursday after reporting a small bump in
2023-05-11 14:46
Honda sees full-year profit rising 15% after missing forecasts in Q4
TOKYO (Reuters) -Japan's Honda Motor Co on Thursday forecast a 14.9% rise in operating profit for this business year, after
2023-05-11 14:24
SoftBank Vision Fund Loses $32 Billion on Weak Startup Values
SoftBank Group Corp.’s Vision Fund unit reported a record annual loss after a recent global stock market rebound
2023-05-11 14:23
Blackstone in Talks With US Regional Banks Over Lending, FT Says
Blackstone Inc. is in talks with regional banks about forming partnerships where they would make loans that the
2023-05-11 14:20
Honda Profit Outlook Tops Estimates as Supply Constraints Ease
Honda Motor Co. forecast profit for the current fiscal year, slightly exceeding analysts’ projections, thanks to a recovery
2023-05-11 14:20
Bank of England set to raise UK interest rates to highest level since 2008
The Bank of England is set to raise interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K. Financial markets expect the bank’s nine-member Monetary Policy Committee to lift its main interest rate by a quarter of a percentage point to 4.5% on Thursday
2023-05-11 14:15
Germany Set to Miss Another Deadline to Agree for 2024 Budget
The German government won’t be able to meet another deadline to agree on next year’s budget, according to
2023-05-11 13:59