By Andrea Shalal WASHINGTON (Reuters) -Chinese officials have agreed to participate in a global sovereign debt “roundtable” that would include…
Frugal retail clients prompt Accenture warning on weak consulting business
By Yuvraj Malik -Accenture Plc warned that a pullback in spending from clients who were postponing business improvement projects, especially…
Bank of Montreal raises C$2.6 billion in share sale to boost capital buffer
(Reuters) – Bank of Montreal said it has raised C$2.6 billion ($1.9 billion) by issuing new shares after Canada’s financial…
Fed could hold rates at peak into 2024, Daly signals
(Reuters) -San Francisco Federal Reserve Bank President Mary Daly on Friday said it’s a “reasonable” to think that once the…
ECB rate hikes help Russia by damaging EU economy, Italy minister says
By Angelo Amante and Crispian Balmer ROME (Reuters) – The European Central Bank’s interest rate policy is damaging Europe’s economy…
U.S. begins buying back oil for strategic petroleum reserve -official
WASHINGTON (Reuters) -The U.S. Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum Reserve,…
State Department launches ‘China House’ amid rivalry with Beijing
WASHINGTON (Reuters) – The U.S. State Department on Friday launched its long-planned “China House” unit, an internal reorganization to help…
Peru’s central bank slightly lowers 2023 economic growth estimate
LIMA (Reuters) – The Central Reserve Bank of Peru on Friday slightly reduced its economic growth projection for 2023 to…
Oil slumps by over $2/bbl as markets bogged by recession fears
By Shariq Khan NEW YORK (Reuters) – Oil fell by more than $2 per barrel on Friday, swept up in…
Swiss national bank nominates Angelo Ranaldo for election to Bank Council
ZURICH (Reuters) – The Swiss National Bank has nominated Angelo Ranaldo for election to the organisation’s Bank Council, it said…