Author Archives: Syndicated Content
Deutsche Bank says now expects a faster ECB rate-cutting cycle
LONDON (Reuters) - Deutsche Bank said on Thursday it now anticipated a faster European Central Bank rate-cutting cycle, with back-to-back quarter-point rate cuts starting from December. The bank said ...
Thomson Reuters Sep 26, 2024
Exclusive-ECB doves to push for rate cut in Oct, hawks to dig in - sources
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) - Policy doves at the European Central Bank are preparing to fight for an interest rate cut next month after a string of weaker-than-expected...
Thomson Reuters Sep 26, 2024
IMF's $7 billion bailout sends Pakistan stocks to new peak
By Gibran Naiyyar Peshimam and Asif Shahzad ISLAMABAD (Reuters) - Pakistan's benchmark share index hit a life-time high in opening trade on Thursday, hours after the International Monetary Fund's boar...
Thomson Reuters Sep 26, 2024
SNB cuts interest rates by 25 basis points for third time this year
By John Revill ZURICH (Reuters) - The Swiss National Bank cut interest rates by 25 basis points on Thursday, its third such reduction this year, as it echoed steps to lower borrowing costs taken by th...
Thomson Reuters Sep 26, 2024
Commerzbank to hold first talks with UniCredit on Friday
FRANKFURT (Reuters) -Commerzbank's designated CEO, Bettina Orlopp, said on Thursday that the bank will hold a first round of talks with UniCredit on Friday as the Italian lender presses for a possible...
Thomson Reuters Sep 26, 2024
Euro zone bank lending growth picks up in Aug
FRANKFURT (Reuters) - Bank lending to the euro zone economy expanded slightly in August, continuing a slow rebound since the start of the year possibly boosted by the prospect of steady European Centr...
Thomson Reuters Sep 26, 2024
Heavy rains paralyse Mumbai, at least four dead
MUMBAI (Reuters) - Torrential rain lashed India's financial capital Mumbai, triggering floods and killing at least four people as well as paralysing the city and forcing schools to close on Thursday. ...
Thomson Reuters Sep 26, 2024
MLB roundup: Phillies top Cubs, clinch first-round bye
Brandon Marsh hit a three-run double, Nick Castellanos and Bryson Stott each collected three hits, and the Philadelphia Phillies topped the visiting Chicago Cubs 9-6 on Wednesday. Castellanos, Trea Tu...
Thomson Reuters Sep 26, 2024
Meta's investment in EssilorLuxottica will be 'symbolic', Zuckerberg says
MILAN (Reuters) - A prospective investment by Meta Platforms in eyeglasses maker EssilorLuxottica will be a "symbolic" gesture to cement their long-term partnership, CEO Mark Zuckerberg told technolog...
Thomson Reuters Sep 26, 2024
Russia's 2025 budget spending hike seen delaying key rate cuts
MOSCOW (Reuters) - Russia's increased budget spending next year risks fuelling inflation and may force the central bank to maintain tight monetary policy with the benchmark interest rate in double dig...
Thomson Reuters Sep 26, 2024
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