By Kane Wu, Scott Murdoch and Julie Zhu HONG KONG (Reuters) – Wall Street major Morgan Stanley is expected to…
BoE Bailey says 75 basis points is not the new norm for rate hikes
LONDON (Reuters) – Bank of England Governor Andrew Bailey said the three-quarters-of-a-percentage point increase in interest rates announced by the…
U.S. labor market unwavering despite stiff interest rates hikes
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week,…
Analysis: Energy market turmoil shakes Europe’s green power plan
By Susanna Twidale, Isla Binnie and Kate Abnett (Reuters) – Europe’s plan to roughly double renewable power generation by the…
U.S. is not in recession, White House not preparing for one – officials
WASHINGTON (Reuters) -The United States is not in a recession, White House chief of staff Ron Klain said on Thursday,…
Bank of England makes historic rate hike despite ‘very challenging’ outlook
By David Milliken and Andy Bruce LONDON, Nov 3 (Reuters) – The Bank of England raised interest rates to 3%…
India cenbank’s monetary committee discusses report on inflation target miss
By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India’s monetary policy committee met on Thursday to discuss the…
Federal Reserve rate hikes rival inflation pain in one rural town
By Howard Schneider GREENSBORO, Alabama (Reuters) – The community roundtable was organized as a chance for Atlanta Federal Reserve President…
China says U.S. has ‘no right’ to interfere in Hamburg port deal
BEIJING (Reuters) – The U.S has “no right” to interfere in Chinese cooperation with Germany, China’s foreign ministry said Thursday,…
WhatsApp launches Communities group organizer feature
BENGALURU (Reuters) -WhatsApp is globally rolling out a feature called Communities to organize various chat groups in larger structures, as…