U.S. growth funds squeezed by rate hike worries
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – U.S. growth funds are experiencing massive outflows this year due to rising interest rates, with the Federal Reserve’s resolve to keep hiking…
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – U.S. growth funds are experiencing massive outflows this year due to rising interest rates, with the Federal Reserve’s resolve to keep hiking…
By Julie Steenhuysen CHICAGO (Reuters) – People who had COVID-19 are at higher risk for a host of brain injuries a year later compared with people who were never infected…
WASHINGTON (Reuters) – The FBI along with two federal agencies are investigating alleged fraud in Mississippi, the U.S. Justice Department said on Thursday as the former head of the state’s…
LONDON/GDANSK, Poland (Reuters) – Some Russians detained while protesting against President Vladimir Putin’s partial mobilisation have been handed draft papers while in custody, the OVD-Info rights group said on Thursday.…
WASHINGTON (Reuters) – A gauge of future U.S. economic activity declined for a sixth straight month in August, potentially signaling a recession amid large interest rate increases from the Federal…
LONDON (Reuters) -The Bank of England said on Thursday that it would sell around 8.7 billion pounds ($9.8 billion) of government bonds in the final quarter of 2022, becoming the…
By Yadarisa Shabong (Reuters) – Manchester United said the club has ‘a lot more work to do’ as executives targeted an improved performance on the pitch and set out financial…
By Ron Bousso and Sarah McFarlane LONDON (Reuters) – Shell’s incoming Chief Executive Wael Sawan is set to accelerate the group’s drive to build its renewable energy business, including through…
By Svea Herbst-Bayliss (Reuters) -Ancora Holdings, one of the hedge funds that spearheaded a board shake-up last year at Kohl’s Corp, is now pushing for the removal of the U.S.…
By Sheila Dang and Katie Paul (Reuters) – Twitter Inc plans to provide more data to external researchers who study online misinformation and moderation, the social media company said Thursday,…
LONDON/TOKYO(Reuters) -Japan intervened in the foreign exchange market on Thursday for the first time since 1998 to shore up the battered yen, in the wake of the central bank’s decision…
By Gabriela Baczynska and John Chalmers BRUSSELS (Reuters) -The European Union is looking at an oil price cap, tighter curbs on high-tech exports to Russia and more sanctions against individuals,…
Sept 22 (Reuters) – Euro zone consumer confidence fell by 3.8 points in September from the August number, figures released on Thursday showed. The European Commission said a flash estimate…
JOHANNESBURG (Reuters) – Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago as he announced the central bank’s latest interest rate decision on Thursday. INFLATION While economic…
By Mehnaz Yasmin (Reuters) – Three major U.S. banks are raising their prime lending rates to the highest levels since the global financial crisis of 2008, following a hefty interest…
By Alexander Marrow and Felix Light KAZAN, Russia (Reuters) – The Russian rouble soared past 59 to a one-month high against the dollar on Thursday and gas giant Gazprom’s shares…
By Rowena Edwards (Reuters) – ExxonMobil is gradually shutting down its 235,000 barrel per day (bpd) Fos-Sur-Mer refinery in France as a result of ongoing strike action, the company said…
By Chavi Mehta (Reuters) -Accenture Plc on Thursday warned this year’s dollar surge would hurt its fiscal 2023 results, even as robust demand for digital offerings helped the IT services…
SZEGED, Hungary (Reuters) – Hungary’s central bank could consider ending its more than one-year-long cycle of interest rate rises after next Tuesday’s meeting when rates will increase again, Deputy Governor…
WARSAW (Reuters) – Poland, concerned about fighting around Ukraine’s Zaporizhzhia nuclear power plant, has distributed iodine tablets to regional fire departments to give to people in the event of radioactive…
BERLIN (Reuters) – Mercedes-Benz is recalling more than 100,000 C-class models due to the possibility that moisture could enter the signal acquisition module (SAM) if water were to get into…
By Satoshi Sugiyama and Maki Shiraki TOKYO (Reuters) – The weak yen was once a cause for celebration for Japanese companies as it meant they could sell cars and cameras…
By Alistair Smout LONDON (Reuters) – Britain’s University of Cambridge said on Thursday it had benefited from the proceeds of slavery over its history, and promised to expand scholarships for…
LONDON (Reuters) – The Kremlin on Thursday denied a report by the independent Novaya Gazeta Europe that an undisclosed clause in President Vladimir Putin’s decree on partial mobilisation provided for…
By Ali Kucukgocmen and Ezgi Erkoyun ISTANBUL (Reuters) – Turkey’s central bank delivered another surprise 100 basis-point rate cut on Thursday, sending the lira tumbling to an all-time low, even…