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New Zealand central bank says economy slowing, still not sure if rates high enough
SYDNEY (Reuters) - A top New Zealand central banker on Thursday said interest rates were clearly in contractionary territory and causing a welcome slowdown in demand in the economy, though it was not ...
Syndicated Content Mar 22, 2023
Oil prices fall as investors weigh Fed chair comments, rate hike
By Stephanie Kelly (Reuters) - Oil prices fell on Thursday following three sessions of gains, after U.S. Federal Reserve Chair Jerome Powell re-stated his commitment to curbing inflation, including th...
Syndicated Content Mar 22, 2023
Citigroup CEO says ‘this is not a credit crisis’ after U.S. bank failures
By Saeed Azhar and Lananh Nguyen (Reuters) -Citigroup Inc Chief Executive Officer Jane Fraser expressed confidence in the U.S. banking system after a series of U.S. bank failures rattled investors and...
Syndicated Content Mar 22, 2023
U.S. pick for World Bank, Ajay Banga, to meet with Modi in native India
By David Lawder WASHINGTON (Reuters) - The U.S. nominee to lead the World Bank, former Mastercard CEO Ajay Banga, returns to his native India on Thursday, capping a three-week global tour to drum up s...
Syndicated Content Mar 22, 2023
Baseball-World Baseball Classic final smashes US viewership records
LOS ANGELES (Reuters) - The riveting World Baseball Classic (WBC) final that saw Japan beat the U.S. 3-2 on Tuesday in Miami drew a combined audience of 5.2 million in the U.S., a record for a WBC gam...
Syndicated Content Mar 22, 2023
Chinese firm invents lockdown-inspired kissing machine for remote lovers
SHANGHAI (Reuters) - A Chinese start-up inspired by lockdown isolation has invented a long-distance kissing machine that transmits users' kiss data collected through motion sensors hidden in silicon l...
Syndicated Content Mar 22, 2023
China expected to account for 40% of this year’s oil demand recovery
By Rowena Edwards LONDON (Reuters) - China is expected to account for around 40% of the increase in global oil demand this year as its economy emerges from strict lockdowns, but the increased use will...
Syndicated Content Mar 22, 2023
Inflation shock puts Bank of England on course to raise rates again
By William Schomberg LONDON (Reuters) - The Bank of England is expected to raise interest rates for the 11th time in a row on Thursday after a surprise jump in inflation dashed speculation that it mig...
Syndicated Content Mar 22, 2023
Biden to have brief meeting with Trudeau political rival on Canada visit
(Reuters) - President Joe Biden plans to have a brief meeting with Canadian Prime Minister Justin Trudeau's biggest political rival during an official visit to Canada that begins on Thursday, a senior...
Syndicated Content Mar 22, 2023
BHP, engineering firm Hatch to design electric smelting plant in Australia
(Reuters) - BHP Group on Thursday signed an agreement with an engineering and project management firm Hatch to design an electric smelting furnace pilot plant in Australia in an attempt to slash its g...
Syndicated Content Mar 22, 2023
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