By Anshuman Daga and Lawrence White SINGAPORE/LONDON (Reuters) -HSBC dampened investors’ expectations of a sustained income bonanza from rising global interest rates, even after Europe’s b[...]
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February 21, 2023
Goldman Sachs expects ECB to raise rates thrice this year
(Reuters) – Goldman Sachs said it was expecting the European Central Bank to raise interest rates thrice this year, taking the terminal rate to 3.5% from 3.25% estimated earlier. In a note dated[...]
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France’s Capgemini eases hiring due to tech sector slowdown
By Lina Golovnya (Reuters) – French IT consulting group Capgemini on Tuesday forecast weaker revenue growth and said it would slow down hiring in 2023 amid a tech sector downturn. The comments c[...]
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BHP eyes demand green shoots in China as profit slumps
By Sameer Manekar and Melanie Burton (Reuters) – Global miner BHP Group reported a steeper-than-expected 32% fall in first-half profit owing to a drop in iron ore prices, sending its shares down[...]
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Analysis-Fed’s quandary: Can the economy keep motoring and inflation fall?
By Howard Schneider WASHINGTON (Reuters) – A year into the U.S. Federal Reserve’s most aggressive monetary crackdown since the 1980s the strength of the U.S. economy has befuddled policyma[...]
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Marketmind: Too flashy?
A look at the day ahead in U.S. and global markets from Mike Dolan. If investors’ big concern about the new year is that the U.S. economy is running too hot, then February’s flash business[...]
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Exclusive-Warburg Pincus raising $439 million in maiden yuan fund for China deals – sources
By Julie Zhu and Kane Wu HONG KONG (Reuters) -Warburg Pincus is raising 3 billion yuan ($439 million) in its maiden yuan-denominated fund, two people with knowledge of the matter said, joining a growi[...]
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Holiday Inn-owner IHG misses revenue estimate; plans another buyback
By Radhika Anilkumar (Reuters) -Holiday Inn owner IHG missed full-year revenue expectations as it was impacted by COVID-19 curbs in China, while a $750 million share buyback did little to cushion a dr[...]
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Microsoft’s president to push Activision deal at EU hearing; Google, Nvidia also present
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft President Brad Smith on Tuesday will seek to convince EU antitrust regulators at a closed hearing that the U.S. software giant’s $69 billion bid for[...]
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