Timilehin Adejumobi
In that instance, the inflation rate falls but stays above the Fed’s 2% target, posing a challenge...
Timilehin Adejumobi
That was before gross domestic product (GDP) shrank by 0.4% in the second quarter from the first...
Adding to investor anxiety was the likelihood of a partial shutdown of the U.S. government by Sunday, which, according...
Hopes of a revival have, however, increased in recent weeks after a flurry of new large offerings...
The dollar index eased from a 10-month high but was still rising and the Japanese yen bounced from an...
Splunk, a cybersecurity and data analytics firm, was in the process of shifting its business model from...
Federal Reserve policymaker Neel Kashkari said on Monday that, given the strength of the U.S economy, interest rates should...
Russia approved some changes to its fuel export ban, lifting the restrictions for fuel used as bunkering...
It said on X, formerly known as Twitter, that it had stopped allowing users to withdraw their...
Regulators require investors to report the securities they hold when certain thresholds are breached, which requires complex,...
The shares are designed to avoid diluting common shareholders' stakes as they cannot be converted into common...
The three benchmark indexes, including the Dow (.DJI), were also eyeing their first quarterly declines so far this...
After invading Ukraine in February 2022, Russia suspended its budget rule and introduced a version in 2023...
In a joint interview, the CEOs of Amazon's cloud division and Anthropic said the immediate investment will...
Kishida will instruct his cabinet on Tuesday to put together the package and swiftly set up an...
Over the past three years, Blanc has prioritised hiking Aviva's investor returns and refocused the company on...
In the broader currency market, the dollar steadied after last week's gains as the Federal Reserve surprised...
The U.S. Federal Reserve maintained interest rates but signaled a more hawkish stance, projecting potential rate hikes,...
Broadcom's decline and concerns about its partnership with Google regarding artificial intelligence chips contributed to a 3.7%...
Following the staff layoffs, Credit Suisse terminated Asia Pacific equities strategy coverage. This move reflects the ongoing...
Toshiba has faced battles with overseas activist investors in the past. Going private allows the company to...
Higher energy costs led to a bigger-than-expected spike in Canadian inflation, lifting the loonie on Wednesday and triggering...
Investors are awaiting the Fed's interest rate decision at 1800 GMT on Wednesday to assess the outlook...
The pound was volatile, last down 0.26% to $1.2360 after touching its lowest in almost four months...
However, investors are expecting to get fresh insights into the Fed’s policy plans and expectations for the...
Economists polled by Reuters expected the headline figure to come in at 7% annually and up 0.7%...
The Wall Street brokerage now expects the index to end the year at 4,600 points, higher than...
Most of the amount was share-based incentives that Joyce was allowed to cash in after they vested,...
India introduced stricter emission norms, known as Bharat Stage 6, with phase II implementation starting from April...
Both Brent and WTI crude prices have seen three consecutive weeks of increases and are currently at...
Concerns persisted about China's property market, as shares of China Evergrande Group dropped by 25% following the...
