By Marc Jones and Rachel Savage LONDON/JOHANNESBURG (Reuters) – Sub-Saharan African banks are increasingly worried about funding costs, an annual…
Czech central banker Dedek: rate stability is favorable now -magazine
PRAGUE (Reuters) – The Czech National Bank should keep interest rates unchanged at the moment as the mortgage market has…
IBM expects to exceed annual revenue target on resilient cloud momentum
By Chavi Mehta (Reuters) -IBM Corp beat quarterly earnings estimates on Wednesday and said it expects to exceed full-year revenue…
Freedom Holding Corp to cut ties with Russian business amid sanctions
MOSCOW (Reuters) – U.S.-listed Freedom Holding Corp, a financial services firm focused on East Europe and Central Asia, is to…
U.S. says seven board directors resigned under antitrust pressure
WASHINGTON (Reuters) -Seven directors on the boards of five companies have resigned because of the U.S. Justice Department’s concerns over…
Investor group, unions push Hyundai to address child labor at U.S. suppliers
By Mica Rosenberg and Kristina Cooke NEW YORK/SAN FRANCISCO (Reuters) -A group that works with union pension funds is pressing…
Biden awards $2.8 billion to boost U.S. minerals output for EV batteries
By David Shepardson and Ernest Scheyder WASHINGTON (Reuters) -The Biden administration said on Wednesday it is awarding $2.8 billion in…
BNP sees Fed terminal rate of 5.25% in Q1, U.S. recession in Q2
NEW YORK (Reuters) – BNP Paribas expects the Federal Reserve to push the fed funds rate to a peak of…
U.S. Senate panel advances bill to rein in OPEC+ over oil output cut
WASHINGTON (Reuters) – A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after…
Factbox-Energy crisis revives coal demand and production
(Reuters) – High natural gas prices and global competition for the fuel have driven more demand for thermal coal for…