(Reuters) – Westpac Banking Corp said on Friday its common equity tier-1 ratio in the first quarter fell sequentially as…
ECB says rate hikes have yet to be felt, even as more loom
By Marc Jones LONDON (Reuters) – The European Central Bank’s sharp increase in borrowing costs has yet to be fully…
Mercedes-Benz to buy back up to 4 billion euros in shares by 2025
BERLIN (Reuters) -Mercedes Benz said on Thursday it plans to buy back up to 4 billion euros ($4.28 billion) of…
Fed’s Bullard: Further rate increases would “lock in” disinflation
By Howard Schneider WASHINGTON (Reuters) – Continued Federal Reserve rate increases will “lock in” slowing inflation even with continued economic…
Oil slightly lower on mixed U.S. economic data, crude stocks growth
By Laila Kearney NEW YORK (Reuters) -Oil prices settled slightly lower on Thursday after trading in a narrow range as…
Exclusive-SoftBank’s Arm China profit drops over 90% in 2022 -document
By Jane Lanhee Lee and Kane Wu OAKLAND, Calif./HONG KONG (Reuters) – Chip technology firm Arm China suffered a 90%…
RBNZ to hike rates 50bps on Feb. 22, another 50bps due by mid-year: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – New Zealand’s central bank will scale down its tightening campaign only slightly with a…
Dollar rises to six-week peak as strong U.S. retail sales bolster higher-rates scenario
(This Feb. 15 story has been refiled to mention the full title of analyst as the head of FX risk…
Exxon accepted risk of a refinery lockout ahead of labor talks
By Erwin Seba HOUSTON (Reuters) – Exxon Mobil labor negotiators advised managers ahead of 2021 talks that they believed the…
Fidelity Investments to expand workforce by 4,000 in first half of 2023
(Reuters) – Fidelity Investments is planning to increase its headcount by 4,000 in the first half of this year, a…