FRANKFURT (Reuters) – The European Central Bank may need to raise interest rates for longer than currently anticipated, and September could be the earliest moment when policymakers can judge whether…
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Treasury Secretary Janet Yellen said on Monday that a failure by Congress to raise the $31.4 trillion federal debt limit would…
MADRID (Reuters) – Spanish media company Prisa said on Friday its second-largest shareholder Vivendi, had obtained the Spanish government’s go-ahead to raise its stake in the publisher of the El…
MADRID (Reuters) – Spain’s main unions and representatives of employers reached a preliminary agreement on Friday to grant a 4% wage increase across the board in 2023, El Pais newspaper…
HONG KONG (Reuters) – HSBC will raise its Hong Kong dollar best lending rate from 5.625% to 5.75% with effect from Friday, the bank said in a statement on Thursday,…
By Sabrina Valle and Marianna Parraga HOUSTON (Reuters) – U.S. oil producer Chevron Corp could raise its production in Venezuela this year by up to 50%, to 150,000 barrels of…
By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will keep its interest rate unchanged at 3.6% on Tuesday for a second consecutive meeting to assess the impact of past…
PARIS (Reuters) – The European Central Bank will need to raise interest rates again at its forthcoming meeting next week but the size of the move is still open to…
By Nelson Bocanegra BOGOTA (Reuters) – Analysts are divided on whether Colombia’s central bank board will hold the interest rate steady for the first time in 18 months or back…
LONDON (Reuters) – A number of banks including Morgan Stanley and Deutsche Bank on Wednesday revised upward expectations for further UK interest rate hikes as a second straight day of…
Massive Teachers Union Plans Boycott Until They Get A Pay Raise Reagan Reese on April 13, 2023 Teachers of the second largest school district in the country are planning to…
BENGALURU (Reuters) – Indian private lender HDFC Bank Ltd said on Tuesday it would consider raising debt of 500 billion rupees (about $6 billion) over the next one year. The…
Fifteen Bergen County towns recently came together for a heartwarming cause, as police officers from these towns grew beards for a fundraising campaign. The annual “Borough of Beards” initiative was…
By Swati Bhat MUMBAI (Reuters) – India’s central bank is widely expected to raise its benchmark rate on Thursday for the seventh consecutive meeting and leave the door open for…
By David Lawder WASHINGTON (Reuters) – Rising geopolitical tensions and the resulting fragmentation of the global economy could increase financial stability risks, reducing cross-border investments, asset prices, payment systems and…
By Loucoumane Coulibaly ABIDJAN (Reuters) – West African countries of the eight-nation economic and monetary union are struggling to raise funds on the regional capital market, as investors demand higher…
(Reuters) – AMC Entertainment Holdings Inc’s shares fell 19% on Tuesday and preferred shares rose 14% after a lawsuit settlement brought the company a step closer to its plan to…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire investor William Ackman who spent years telling corporations how to perform better is now taking on the U.S. government by calling for…
By Suban Abdulla LONDON (Reuters) – Private-sector landlords in England increased rents on more than half of homes in the year to February, up from just over a third a…
MEXICO CITY (Reuters) – Automakers Stellantis and a Mexican unit of Daimler Truck have reached deals with one of Mexico’s biggest unions to raise wages this year around 9%, labor…
By Anant Chandak BENGALURU (Reuters) – The Philippine central bank will hike its main interest rate by a modest 25 basis points on Thursday, followed by another next quarter, making…
(Reuters) – First Republic Bank is in talks to raise money from other banks or private equity firms by issuing new shares, the New York Times reported on Friday, citing…
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate have stuck to their bets of a quarter percentage point interest rate hike next week as relative calm…
By Davide Barbuscia NEW YORK (Reuters) – The U.S. Federal Reserve will likely raise rates by 25 basis points at its next rate-setting meeting next week, although further signs of…
By Tatiana Bautzer NEW YORK (Reuters) – U.S. regional banks are expected to pay higher rates to depositors to keep them from switching to larger lenders, banking analysts said, following…