(Reuters) – Hyundai Motor America and Kia America are recalling a combined 147,100 U.S. vehicles over a damaged charging unit, the National Highway Traffic Safety Administration (NHTSA) said on[...]
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March 21, 2024
UK inflation ‘moving in right direction’ for rate cuts, Bank of England says
By William Schomberg, Suban Abdulla and Andy Bruce LONDON (Reuters) – Britain’s economy is moving towards the point where the Bank of England can start cutting interest rates, Governor And[...]
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Factbox-US takes on Apple as efforts to curtail Big Tech gather momentum
(Reuters) – Apple was on Thursday sued by the U.S. Department of Justice, the latest antitrust action against Big Tech firms accused by regulators of operating monopolies and abusing their power[...]
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Goldman Sachs Asset Management raises over $700 million for new fund
(Reuters) – Goldman Sachs Asset Management said on Thursday it had raised over $700 million for a new fund that will work with external managers to identify investment opportunities in both publ[...]
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US Treasury key yield curve inversion becomes the longest on record
By Davide Barbuscia NEW YORK (Reuters) – A key bond market signal of an upcoming recession has flashed red continuously for the longest time ever, even if the U.S. economy is far from showing si[...]
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Analysis-Battle for Canadian bank deposits seen heating up as rate cuts loom
By Nivedita Balu TORONTO (Reuters) – Competition for customer deposits among Canadian banks is expected to intensify with the likely onset of lower interest rates as clients divert funds parked[...]
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Analysis-Markets ready for more as Switzerland starts clock on rate cuts
By Naomi Rovnick LONDON (Reuters) – Markets are racing ahead to bet on big central banks lowering borrowing costs after Switzerland on Thursday delivered a surprise rate cut, but analysts cautio[...]
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McDonald’s signs three-year sponsorship deal with French soccer’s Ligue 1
PARIS (Reuters) – France’s top soccer league will become the McDonald’s Ligue 1 from July 1 after the U.S. fast food chain signed a three-year sponsorship deal on Thursday. “Fi[...]
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Streaming subscriptions boost 2023 recorded music revenues -report
LONDON (Reuters) – Global recorded music revenues grew for the ninth year running in 2023, increasing 10.2% to $28.6 billion mainly thanks to a rise in paid streaming subscribers, a report said[...]
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