By Yoruk Bahceli and Davide Barbuscia AMSTERDAM/NEW YORK (Reuters) – In mid-March, as prices for U.S. Treasury bonds swung wildly following the collapse of Silicon Valley Bank, the trading desk[...]
Read more
April 28, 2023
Microsoft signs 10-yr deal with Spain’s Nware after UK blocks Activision bid
(Reuters) -Microsoft Corp said on Friday it signed a 10-year deal with Nware to bring Xbox and Activision Blizzard games to the Spanish cloud-gaming platform, days after Britain blocked its $69 billio[...]
Read more
Canada’s economy slowed in February, backing up pause on rates
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -The Canadian economy grew less than expected in February from the previous month and is seen shrinking in March, data showed on Friday, figures tha[...]
Read more
High labor costs fuel debate at Fed about what it means for inflation
By Howard Schneider WASHINGTON (Reuters) – As the U.S. economy reopened from the pandemic in 2021 and companies realized the pricing power at hand from supply shortages and consumers’ eage[...]
Read more
Mastercard seeks to expand crypto card tie-ups
By Elizabeth Howcroft LONDON (Reuters) – Mastercard will expand its cryptocurrency payment card programme by seeking more partnerships with crypto firms, the company’s head of crypto and b[...]
Read more
Instant View: US March PCE price index shows high, but cooling, inflation
NEW YORK (Reuters) – U.S. consumer spending was unchanged in March, while underlying inflation pressures remained strong, data from the Commerce Department showed Friday, which could see the Fed[...]
Read more
Traders firm up bets on Fed rate hike in May
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Friday firmed up bets the U.S. central bank will raise its benchmark rate a final time in May after the governme[...]
Read more
Sluggish growth and high inflation leave ECB in tight spot
By Francesco Canepa and Belén Carreño FRANKFURT/MADRID (Reuters) – The euro zone economy is barely growing but inflation in the bloc remains high, leaving the European Central Bank with little c[...]
Read more
Intel climbs as Wall St cheers early signs of recovery
(Reuters) – Intel Corp shares rose nearly 6% as the once-dominant chipmaker’s quarterly print indicated “baby step progress” in efforts to turn around its business after ceding[...]
Read more