By William Schomberg LONDON (Reuters) – The Bank of England is poised to raise interest rates for the 10th time…
Fed’s Powell says no rate cuts this year, and markets hear it differently
By Ann Saphir and Lindsay Dunsmuir (Reuters) – Federal Reserve Chair Jerome Powell had a clear message on Wednesday: as…
Renault-Nissan plan India reboot in test of reshaped alliance
By Aditi Shah and Gilles Guillaume NEW DELHI/PARIS (Reuters) – A revamped alliance between Renault and Nissan will face an…
India’s largest mortgage lender HDFC misses Q3 profit view on higher funding costs
BENGALURU (Reuters) – Housing Development Finance Corp (HDFC), India’s largest mortgage lender, reported a 13.2% rise in third-quarter profit on…
Trump’s Scottish golf courses recorded more losses in 2021
LONDON (Reuters) – Former U.S. President Donald Trump’s two Scottish golf courses lost 4.4 million pounds ($5.44 million) in 2021,…
McCarthy: We can find ‘common ground’ with Biden over U.S. debt ceiling
By Trevor Hunnicutt and Jeff Mason WASHINGTON (Reuters) -President Joe Biden and Republican House Speaker Kevin McCarthy held initial talks…
Analysis: Fed feeds Wall Street’s soft landing hopes, though recession fears still loom
By Davide Barbuscia and Lewis Krauskopf (Reuters) – A more dovish-than-expected message from Federal Reserve Chairman Jerome Powell stands to…
U.S. House committee to hold aviation safety hearing
By David Shepardson WASHINGTON (Reuters) – A Federal Aviation Administration safety official, National Transportation Safety Board chair and head of…
Citigroup stops margin loans against India Adani’s securities – source
By Anshuman Daga SINGAPORE (Reuters) -Citigroup’s wealth unit has stopped extending margin loans to its clients against securities of India’s…
Asian shares jump, dollar eases after Powell comments
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks jumped on Thursday while the dollar eased after Federal Reserve Chair Jerome…