European Central Bank hikes interest rates to highest level in 22 years
The European Central Bank raised interest rates by a quarter of a percentage point Thursday and signaled another hike to come next month, unmoved by evidence of a mild recession in the 20 countries that use the euro.
2023-06-15 23:20
Italy reassessing GLAM scheme to handle state-guaranteed loans, sources say
By Giuseppe Fonte and Valentina Za ROME Italy is reassessing how it plans to deal with billions of
2023-06-15 23:15
US retail sales rose in May
Spending at US retailers rose last month, in a sign that consumers are still fueling the economy.
2023-06-15 22:59
U.S. West Coast port customers 'relieved' by tentative labor deal
By Lisa Baertlein LOS ANGELES The National Retail Federation on Thursday said its members were "relieved" that U.S.
2023-06-15 22:48
Why Walmart's new bet on fashion brands, home decor threatens specialty chains
By Siddharth Cavale Price-conscious shoppers flock to Walmart Supercenters to pick up $1 potato chips and $3 gallons
2023-06-15 22:47
Bank of America commits $500 million to funds led by minority, women entrepreneurs
By Saeed Azhar NEW YORK (Reuters) -Bank of America Corp on Thursday said it has committed more than $500 million
2023-06-15 22:25
Generali Nears $2 Billion Deal for Liberty Mutual’s European Units
Assicurazioni Generali SpA has agreed to acquire a group of European businesses from US insurer Liberty Mutual Holding
2023-06-15 22:17
Major central banks not done with rate hikes just yet
LONDON Inflation is easing but major central banks remain hawkish, with a long-awaited pause from the U.S. Federal
2023-06-15 22:00
Lagarde comments at ECB press conference
FRANKFURT, June 15 The European Central Bank raised its key interest by 25 basis points on Thursday to
2023-06-15 21:46
Texas Bakes in Heat, Cyclone Heads for Pakistan: Weather Watch
Sluggish weather patterns across the US have created a dome of heat about to bake Texas. Excessive heat
2023-06-15 21:45
Biden to announce Live Nation and Ticketmaster will allow consumers to see all fees up front
President Joe Biden will announce Thursday that entertainment giant Live Nation and ticketing behemoth Ticketmaster have pledged to give US consumers the ability to see the full price of tickets up front, minimizing the frequently frustrating experience of watching additional fees add up late in the checkout process when buying online.
2023-06-15 21:20
‘Badly Scarred’ Investors Need to See If Nigeria Is a Buy
A lightening-fast policy reset from Nigeria’s newly elected president has placed Africa’s biggest economy back on the radar
2023-06-15 20:54