US consumer sentiment plummets to six-month low on debt ceiling debacle
A shopping cart is seen in a supermarket in Manhattan, New York City, U.S., June 10, 2022. REUTERS/Andrew Kelly/File PhotoConsumer...
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Northvolt to build multi-billion euro battery plant in Germany
Northvolt could invest 3-5 bln in plant - sourcesSubsidies of around half a billion subject to approval - sourcesEurope, U.S....
Filipino priest on mission in Europe to halt fossil fuel financing
Edwin Gariguez, a Catholic priest from the Philippines, who is touring top European banks on environmental issues, is pictured in...
Big US banks to pay billions to replenish failure fund
May 11 (Reuters) - Large U.S. lenders will bear most of the cost of replenishing a deposit insurance fund that...
Bank of America opens Luxembourg branch in Europe funds push
LONDON, May 10 (Reuters) - Bank of America (BAC.N) has hired former BNP Paribas banker Benoit Nevouet to be the...
Lebanon central bank chief’s brother questioned at European fraud probe hearing
BEIRUT, May 4 (Reuters) - The brother of Lebanon's central bank governor appeared on Thursday at a hearing in Beirut...
Fed raises rates, opens door to pause in tightening cycle
Central bank lifts rates by quarter of a percentage pointBenchmark overnight interest rate now in 5.00%-5.25% rangePowell says Fed still...
UK’s Lloyds beats profit forecasts, signals stresses ahead
LONDON, May 3 (Reuters) - Interest rate rises helped British bank Lloyds (LLOY.L) beat first quarter profit forecasts on Wednesday,...
US labor market softens as job openings drop, layoffs at highest level in over 2 years
Job openings drop 384,000 in March; February revised upLayoffs and discharges increase 248,000 to 1.8 millionDecline in job openings concentrated...
White House: Fed interest rates having negative effect on banking
WASHINGTON, May 2 (Reuters) - A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at...
