By Caroline Valetkevitch NEW YORK (Reuters) – World stock indexes declined on Tuesday, with all three major U.S. stock indexes ending lower, while the U.S. dollar fell to a two-month low and Tre[...]
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April 4, 2023
UK businesses more upbeat about sales despite weak growth
By David Milliken LONDON (Reuters) – Most British businesses expect their sales to rise over the coming year – an improvement from late 2022 – despite seeing no sales growth over the[...]
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Exclusive-Bank of England approves UBS’s Credit Suisse takeover in UK -sources
By Stefania Spezzati and Oliver Hirt LONDON (Reuters) – The Bank of England has approved UBS Group AG’s takeover of Credit Suisse Group AG in the United Kingdom, people familiar with the p[...]
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Oil steady as markets weigh OPEC+ surprise cuts amid demand woes
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were little changed in choppy trading on Tuesday as investors weighed OPEC+ planned production cuts against weak U.S. and Chinese economic data that[...]
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Yellen urges IMF to press creditors to finalize debt restructurings
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Tuesday called for quicker action to resolve several outstanding sovereign debt restructuring cases and urged the International Monetary F[...]
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JPMorgan’s Dimon says US banking turmoil not over, sees long repercussions
By Tatiana Bautzer NEW YORK (Reuters) -The U.S. banking crisis is ongoing and its impact will be felt for years, JPMorgan Chase & Co CEO Jamie Dimon wrote in a letter to shareholders on Tuesday.[...]
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U.S. dollar slumps after weak data; markets betting Fed near end of hiking cycle
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar sank to a two-month low on Tuesday as another round of weak economic data reinforced investor bets that the Federal Reserve is ne[...]
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Ukraine hopes to get $1.8 billion from IMF in two more tranches in 2023
By Olena Harmash KYIV (Reuters) – Ukraine hopes to receive two more tranches worth $1.8 billion from the International Monetary Fund this year under its newly-approved four-year lending program,[...]
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ECB’s Centeno says mortgage default risk in Portugal is low
By Sergio Goncalves LISBON (Reuters) – The risk of default on mortgages in Portugal is low despite the steep rise in interest rates by the European Central Bank (ECB) because there are so many p[...]
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