Bank of America CEO: Inflation could hit Fed's 2% target by 2025
US inflation could hit the Federal Reserve's 2% target in 2025, Bank of America CEO Brian Moynihan told CNN in an exclusive interview Tuesday.
2023-06-27 23:58
Bankman-Fried loses bid to toss criminal charges over FTX's collapse
By Luc Cohen NEW YORK (Reuters) -A U.S. judge on Tuesday denied Sam Bankman-Fried's bid to have criminal charges against
2023-06-27 23:51
Nigeria could save $5.1 billion this year from reforms, says World Bank
By Chijioke Ohuocha and Elisha Bala-Gbogbo ABUJA (Reuters) -Nigeria could save up to 3.9 trillion naira ($5.10 billion) this year
2023-06-27 20:26
Brazil central bank signals possibility of rate cut in August by majority view
BRASILIA Brazil's central bank signaled on Tuesday that a majority of its policymakers see a possibility of initiating
2023-06-27 19:57
UK to work more closely with EU on financial services
The UK and EU pact is being seen as a step towards better relations over financial services.
2023-06-27 19:26
ECB's Enria wants euro zone banks out of Russia faster
The European Central Bank wants lenders to speed up their exit from Russia given the increased reputational, legal
2023-06-27 17:27
Lordstown Motors files for bankruptcy and sues former partner Foxconn
Lordstown Motors, the EV maker, filed for bankruptcy protection Tuesday and announced a lawsuit against Foxconn, accusing its former partner of setting out to "destroy" its business.
2023-06-27 16:20
Lordstown Motors files bankruptcy, sues Foxconn
By Mike Spector, Joseph White and Dietrich Knauth NEW YORK Lordstown Motors filed for bankruptcy protection on Tuesday
2023-06-27 13:56
UK finance minister Hunt says banks are slow to pass on rate hikes to savers
LONDON Britain's finance minister Jeremy Hunt said on Monday that banks are too slow to pass on increases
2023-06-26 23:48
Pakistan cenbank raises key policy rate to 22% - statement
ISLAMABAD Pakistan's central bank raised its key rate by 100 basis points to 22% in an emergency meeting
2023-06-26 20:50
German recession to end in Q2 with slight GDP rise - Bundesbank
BERLIN Recession in Germany is expected to end in the spring quarter, the Bundesbank said in its monthly
2023-06-26 18:26
India's Infosys signs $454-million deal with Danske Bank
BENGALURU (Reuters) -Infosys, India's No.2 IT services provider, signed a $454-million contract with Denmark's Danske Bank on Monday, at a
2023-06-26 15:19