SYDNEY (Reuters) – Australia’s central bank on Friday downgraded the outlook for economic growth, warning that more rate hikes will…
Tiger Global pauses investments in Chinese equities – WSJ
(Reuters) – Tiger Global Management has paused investing in Chinese equities, as it reassesses its exposure to the country after…
Musk orders Twitter to cut infrastructure costs by $1 billion -sources
By Sheila Dang, Paresh Dave and Katie Paul (Reuters) -Elon Musk has directed Twitter Inc’s teams to find up to…
Chrysler-parent air bag crash deaths prompt U.S. alert
By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis on Thursday urged owners of 276,000 older U.S. vehicles to immediately stop driving…
UK considers cutting tax-free dividend allowance, increasing capital gains tax -media
LONDON (Reuters) -Britain’s government is considering cutting the tax-free allowance for dividend income, Bloomberg reported on Thursday, before a Nov.…
Canada lays out cash but limits largesse on inflation fears
By Julie Gordon and Steve Scherer OTTAWA (Reuters) -Canada’s government on Thursday set out billions in new spending to support…
Wall St down for fourth straight day on Fed rate hike worry
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed lower for a fourth consecutive session on Thursday as economic…
Bank of England’s Mann says inflation drivers still strong
LONDON (Reuters) – Britain is still facing strong domestic drivers of inflation on top of the impact of surging international…
Distressed credit to lure more hedge fund investors next year -BNP survey
By Davide Barbuscia NEW YORK (Reuters) – Global investors will ramp up allocations to distressed credit hedge funds next year,…
Morgan Stanley says it is engaged with UK regulator on anti-competition probe
NEW YORK (Reuters) – Morgan Stanley said on Thursday it is engaging with the UK Competition and Markets Authority’s probe…