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BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

India needs to grow at 7.6% a year for 25 years to be a developed nation -cenbank bulletin By Reuters

© Reuters. FILE PHOTO: A labourer runs across a wholesale market in the old quarters of Delhi, India, January 7, 2020. REUTERS/Anushree Fadnavis/File Photo MUMBAI

Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind
Business

Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind

Listen to article (2 minutes) Americans’ growing paychecks surpassed inflation for the first time in two years, providing some financial relief to workers, while complicating

Tesla begins sale of Model Y in South Korea
Finances

Tesla builds first Cybertruck after two years of delays By Reuters

© Reuters. FILE PHOTO: Tesla’s Cybertruck is displayed at Manhattan’s Meatpacking District in New York City, U.S., May 8, 2021. REUTERS/Jeenah Moon/File Photo (Reuters) –

Samsung to cut chip production after 14-year low profit By Reuters
Finances

Credit Suisse inquiry will keep files secret for 50 years By Reuters

2/2 © Reuters. FILE PHOTO: The logo of Credit Suisse is pictured in front of the Swiss Parliament Building, in Bern, Switzerland, March 19, 2023.

China-led EV boom in Thailand threatens Japan's grip on key market By Reuters
Stock Market

Goldman Sachs is about to report its worst quarterly earnings in years

© Reuters. FILE PHOTO: The Goldman Sachs company logo is seen in the company’s space on the floor of the New York Stock Exchange, (NYSE)

Disney extends CEO Iger
Stock Market

Disney extends CEO Iger’s contract two more years By Investing.com

© Reuters. Investing.com — Walt Disney Company (NYSE:) said it is extending CEO Bob Iger’s contract through 2026, two years longer than originally planned. The

Back-to-school spending set for first decline in nine years as inflation bites
Stock Market

Back-to-school spending set for first decline in nine years as inflation bites

© Reuters. School supplies are displayed at Stationery and Toy World in New York City, U.S., ahead of back-to-school season, July 21, 2021. REUTERS/Joyce Philippe

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

IMF’s Georgieva expects global growth around 3% for next five years By Reuters

© Reuters. FILE PHOTO: Kristalina Georgieva, Managing Director, International Monetary Fund, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May

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

Brazil annual inflation lowest in nearly 3 years, fueling rate cut bets By Reuters

© Reuters. FILE PHOTO: Food prices are displayed at a market in Rio de Janeiro, Brazil April 8, 2022. REUTERS/Ricardo Moraes SAO PAULO (Reuters) –

SFC fines Ninety One Hong Kong Limited $1.4M for unlicensed futures trading
Finances

HK regulator bans RaffAello Capital’s former responsible officer for two years

Hong Kong’s Securities and Futures Commission (SFC) has prohibited Mr Tsang Kwong Fai, a former responsible officer (RO) and sponsor principal of RaffAello Capital Limited,