LONDON(Reuters) – Australia was the latest major central bank to raise rates and on Tuesday hinted at further hikes, even…
Canada’s Hut 8 Mining to merge with US Bitcoin to weather crypto downturn
(Reuters) -Canada’s Hut 8 Mining Corp will merge with rival US Bitcoin Corp to create a crypto mining giant in…
KKR reports 42% drop in earnings on lower asset sales
By Chibuike Oguh NEW YORK (Reuters) – KKR & Co Inc said on Tuesday its fourth-quarter after-tax distributable earnings dropped…
China says it will set up yuan clearing arrangements in Brazil
BEIJING (Reuters) – China’s central bank has signed a memorandum of understanding on setting up yuan clearing arrangements in Brazil,…
Ferrari names Lorenzo Giorgetti as chief racing revenue officer
MILAN (Reuters) – Ferrari said on Tuesday it had appointed Lorenzo Giorgetti to the newly-created position of chief racing revenue…
Philippine inflation beats expectations, lifts chance of bigger rate hike
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – Philippine annual inflation blew past expectations in January to…
The Biden economy: Waning inflation, record jobs, lingering uncertainty
By Howard Schneider and Andrea Shalal WASHINGTON (Reuters) – Joe Biden speaks to the nation tonight at a time of…
Factbox-U.S. stock buybacks so far in 2023: big money, fewer companies
NEW YORK (Reuters) – Corporate stock buybacks are offering investors a measure of excitement in what has been a gloomy…
Cryptoverse: Is bitcoin out of the woods? Consider the options
By Medha Singh, Lisa Pauline Mattackal and Vidya Ranganathan (Reuters) – Have bitcoin and ether finally turned a corner? It’s…
Marketmind: Powell’s state of the union
A look at the day ahead in U.S. and global markets from Mike Dolan. While U.S. President Joe Biden gets…