ECB hawks argue for more hikes even as Lane opens door to pause
(Reuters) – The European Central Bank should err on the side of further interest rate hikes as inflation could come…
Global shares edge up as Fed pause bets bolster sentiment
(Reuters) – Global equities were set for a small weekly gain on Friday following a Wall Street rally overnight, as…
Biden signs debt limit bill
With the U.S. only days away from a potentially damaging default, President Joe Biden officially signed into a law a…
TSX tumbles as bank earnings, US debt deal uncertainty weigh
(Reuters) – Canadian shares hit a near two-month low on Wednesday after the country’s top two lenders reported disappointing quarterly…
Stocks slide on U.S. debt ceiling and inflation woes
(Reuters) – Stocks lurched downwards on Wednesday as U.S. debt ceiling negotiations dragged on without resolution, stoking a general malaise…
PacWest, Western Alliance lead rebound in US regional lenders
(Reuters) – Battered shares of PacWest Bancorp and Western Alliance (NYSE:WAL) Bancorp edged higher premarket on Thursday as the U.S.…
China’s Baidu beats quarterly revenue estimates on ad strength
(Reuters) – Search engine giant Baidu Inc (NASDAQ:BIDU) beat first-quarter revenue estimates on Tuesday as businesses spent more on advertising…
Vodafone’s new boss to cut 11,000 jobs as cash flow to fall
(Reuters) – New Vodafone (NASDAQ:VOD) boss Margherita Della Valle said on Tuesday she would cut 11,000 jobs over three years…
Marketmind: Europe has a data fest, and growth worries
A look at the day ahead in European and global markets from Vidya Ranganathan Tuesday’s a busy day for European…
Fed headed for a pause, then rate cuts, traders bet
(Reuters) – A jump in jobless claims reported Thursday, along with weaker-than-expected wholesale price pressures, have for now wiped out…