By Valentina Za, Giuseppe Fonte and Gavin Jones ROME/MILAN (Reuters) – Italy’s hopes of transforming its economy with billions of euros of European Union pandemic recovery funds are unrave[...]
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July 12, 2023
Disney exploring sale or partners for India business, source says
By Aditya Kalra and Yuvraj Malik NEW DELHI (Reuters) -Walt Disney is exploring options to sell or find a joint venture partner for its India digital and TV business, a source with direct knowledge sai[...]
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No Australia ‘mortgage cliff’ in sight after rate hikes, say top banks
By Byron Kaye SYDNEY (Reuters) -Two top Australian banks said the number of home loan customers missing repayments remained below pre-COVID levels as a spike in living costs slows their discretionary[...]
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Japan households’ inflation expectations rise, keep pressure on BOJ
By Leika Kihara TOKYO (Reuters) – Japanese households’ inflation expectations rose in the three months to June, a central bank survey showed on Wednesday, adding to growing signs that cond[...]
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Factbox-Australia’s central bank outlines new policy procedures
SYDNEY (Reuters) – The Reserve Bank of Australia (RBA) has announced changes to how it formulates and announces interest rate decisions, following an independent review into the bank’s ope[...]
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AXA weighs offloading $2 billion reinsurance arm to cut disaster risk – sources
By David French and Pablo Mayo Cerqueiro NEW YORK/LONDON (Reuters) -One of the world’s top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure to natura[...]
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Marketmind: Stocks rise, dollar slips as all eyes on US inflation
A look at the day ahead in European and global markets from Ankur Banerjee While market participants are almost certain that the Federal Reserve will hike in July, the always important U.S. inflation[...]
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Back-to-school spending set for first decline in nine years as inflation bites – report
By Deborah Mary Sophia (Reuters) – Back-to-school spending is expected to fall for the first time in nine years as shoppers across all income levels pull back on non-essential purchases and prio[...]
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NZ central bank hits pause at 5.5%, economists see easing in 2024
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank held the cash rate steady at 5.5% on Wednesday, hitting pause as expected and flagging rates would be on hold for some tim[...]
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