(Reuters) – U.S. financial regulators should take steps to ensure banks can withstand further interest-rate hikes should the Federal Reserve need to deliver them to fight entrenched inflation, M[...]
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July 12, 2023
Thales to buy Cobham Aerospace Communications for $1.1 billion
By Michal Aleksandrowicz (Reuters) -French defence and technology group Thales said on Wednesday it was in exclusive talks to buy aerospace supplier Cobham Aerospace Communications for $1.1 billion, p[...]
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Slowing inflation seen making Fed’s July hike its last
By Ann Saphir (Reuters) -Inflation is slowing rapidly enough to allow the Federal Reserve to stop tightening U.S. monetary policy after what is still widely expected to be an interest-rate hike at its[...]
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Instant View: US June CPI a welcome disinflation signal for Fed
NEW YORK (Reuters) – U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two years as inflation continued to subside, but probably not fast enou[...]
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Barclays wins UK Supreme Court case over push payment fraud
By Sam Tobin and Kirstin Ridley LONDON (Reuters) -Barclays on Wednesday won a UK Supreme Court appeal that turned on the extent of banks’ duties to protect customers from fraudsters, in a closel[...]
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US 30-yr mortgage rate tops 7% for first time since last fall
(Reuters) – The interest rate on the most popular U.S. home loan leapt back over 7% last week for the first time since last fall as financial markets adjusted to an expectation that the Federal[...]
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India’s Vedanta to enter the chip market this year after Foxconn split
BENGALURU (Reuters) -India’s Vedanta will enter the market for the manufacturing of chips and displays this year, group chairman Anil Agarwal said on Wednesday, days after its joint-venture part[...]
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U.S. Treasury yields to fall amid inflation optimism: Reuters Poll
By Sarupya Ganguly BENGALURU (Reuters) – U.S. Treasury yields will broadly fall over the coming year on expectations the Federal Reserve will soon end its hiking cycle, according to fixed-income[...]
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China’s Huawei poised to overcome US ban with return of 5G phones -research firms
By David Kirton SHENZHEN, China (Reuters) – China’s Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms, signalling[...]
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