By Gergely Szakacs BUDAPEST (Reuters) – The National Bank of Hungary (NBH) left its base rate unchanged at 13% on Tuesday, as expected, with inflation on track to scale a 26-year-high in 2023 an[...]
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Economy
Analysis-Mexican companies could resort to more spinoffs to enhance market value
By Valentine Hilaire MEXICO CITY (Reuters) – Mexican companies are spinning off sports, gambling and cell-tower businesses in a bid to revive depressed stock prices, with more such deals likely[...]
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Musk says Twitter to hold off relaunching blue check verification
(Reuters) -Twitter’s new owner Elon Musk said on Monday the social media company is holding off the relaunch of its blue check subscription service, a delay from his initial tentative timeline t[...]
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SocGen and Alliance Bernstein to launch global equities venture
By Sudip Kar-Gupta PARIS (Reuters) -Societe Generale, France’s third-biggest listed bank, and U.S. investment management company Alliance Bernstein plan to form a joint venture focusing on globa[...]
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ECB set to raise deposit rate 50 bps as euro zone enters recession -economists: Reuters poll
By Jonathan Cable LONDON (Reuters) – The European Central Bank will press on with policy tightening, adding 50 basis points to its deposit rate next month as it worries rapid price growth is bec[...]
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Marketmind: Wild oil ride amid China and crypto woe
A look at the day ahead in U.S. and global markets from Mike Dolan. Turbulence in oil, China’s COVID crunch and unravelling cryptocurrencies make for uncomfortable reading for investors starting[...]
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ECB’s Nagel opens door to smaller hikes but sees long way to go
FRANKFURT (Reuters) – Bundesbank President Joachim Nagel opened the door on Tuesday to smaller interest rate increases by the European Central Bank but said there was still a long way to go in r[...]
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Citigroup targets more deals in Gulf region
By Hadeel Al Sayegh DUBAI (Reuters) – Citigroup Inc’s investment banking team has doubled in size over the past two years and more people are being added in the United Arab Emirates (UAE)[...]
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Don’t like Musk? Work for us! Tech firms woo ex-Twitter staff
By Martin Coulter LONDON (Reuters) – Put off by Elon Musk’s muscular management style? Move to us! That’s the pitch being used by talent-starved technology firms trying to lure thous[...]
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