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Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

Russia to hike rates to 8% as weak rouble adds to inflation concerns: Reuters poll By Reuters

© Reuters. FILE PHOTO: A Russian state flag flies over the Central Bank headquarters in Moscow, Russia May 7, 2023. A sign reads: “Bank of

Major banks rebuff FX price fixing claims
Finances

ICE, Black Knight announce agreement to sell Optimal Blue business

Intercontinental Exchange, Inc. (NYSE:ICE) and Black Knight, Inc. (NYSE:BKI) today announced that, in connection with their previously announced merger agreement for ICE’s acquisition of Black

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

Morgan Stanley cuts China’s 2023 and 2024 growth forecasts By Reuters

© Reuters. FILE PHOTO: People walk at a street in Beijing’s Central Business District (CBD), during the morning rush hour following the Chinese Lunar New

Finances

Yellen does not see recession in U.S.

© Reuters. U.S. Treasury Secretary Janet Yellen addresses the media, along with Indian Finance Minister Nirmala Sitharaman, on the sidelines of a G20 meeting at

Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

German economy may contract slightly in 2023

© Reuters. FILE PHOTO: People with protective face masks walk at Kurfurstendamm shopping boulevard, amid the coronavirus disease (COVID-19) outbreak in Berlin, Germany, December 5,

Michael Hawker to step down from Westpac Board
Finances

Michael Hawker to step down from Westpac Board

Westpac Banking Corporation has today announced that Michael (Mike) Hawker AM has decided to step down from the Board as an independent Non-executive Director, effective

No let up for world stocks as banking worries persist By Reuters
Finances

Debt restructuring talks at G20 meet hurt by differences, low attendance By Reuters

© Reuters. FILE PHOTO: Workers work near the venue of G20 Finance Ministers and Central Bank Governors meeting at Gandhinagar in Gujarat, India July 13,

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

Nigeria inflation up slightly to 22.79% y/y in June By Reuters

© Reuters. FILE PHOTO: A customer checks out at the cash register in a mall in Abuja, Nigeria, September 15, 2022. REUTERS/Afolabi Sotunde/File Photo ABUJA

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

German economy may disappoint as sentiment worsens

© Reuters. FILE PHOTO: General view of the “Grosse Bergstrasse” street during a lockdown in Hamburg, Germany May 11, 2021. REUTERS/Fabian Bimmer/File Photo FRANKFURT (Reuters)

There Is a Long-Term Danger Lurking in Financial Markets
Finances

There Is a Long-Term Danger Lurking in Financial Markets

The premium investors demand for holding longer-maturity assets remains very low. Markets could be in for a wallop if it returns to historical averages. Source