By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending increased by the most in nearly two years in January amid a surge in wage gains, while inflation accelerated, adding to financial[...]
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February 24, 2023
Fed’s Collins says more rate hikes needed to curb ‘too high’ inflation
By Michael S. Derby NEW YORK (Reuters) – Boston Federal Reserve President Susan Collins said on Friday more interest rate increases are needed to tame high levels of U.S. inflation. “I ant[...]
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Exclusive-Events software vendor Cvent rebuffs $3.9 billion Blackstone bid-sources
By Milana Vinn (Reuters) – Cvent Holding Corp, a U.S. software provider that facilitates in-person and virtual meetings, has rejected a $3.9 billion acquisition offer from buyout firm Blackstone[...]
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Japan’s Kishida: Hope to meet new BOJ chief to confirm policy coordination
By Leika Kihara TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida said on Friday he hoped to meet the government’s nominee for next central bank governor, Kazuo Ueda, as soon as he takes up[...]
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Bond strategists ratchet up U.S. Treasury yield forecasts: Reuters Poll
By Hari Kishan BENGALURU (Reuters) – Bond strategists have boosted their U.S. benchmark Treasury yield forecasts only a month after taking an axe to them, as the chances of an interest rate cut[...]
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Aluminium prices shrug off 200% U.S. import tariffs for Russia
LONDON (Reuters) – Aluminium prices on the London Metal Exchange shrugged off a decision by the United States to impose steep tariffs on Russian metal on Friday, though traders said prices would[...]
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TIM seeks improved KKR bid for network by end of March
MILAN (Reuters) – Telecom Italia (TIM) said on Friday it would provide KKR with financial data that could help the U.S. fund improve its offer for TIM’s network grid, as the current propos[...]
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Businessman Gupta to challenge freezing order in Trafigura fraud case
By Eric Onstad and Sam Tobin LONDON (Reuters) -Indian businessman Prateek Gupta plans to challenge a $625 million global freezing order on him and his firms imposed by a London court, his spokesperson[...]
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Stripe in advanced talks to raise $4 billion from investors – sources
By Krystal Hu (Reuters) – Digital payments processor Stripe Inc is close to raising $4 billion in fresh capital at a valuation of about $55 billion, people familiar with the matter said. The lat[...]
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