Bussiness

Business leaders left in limbo by rate hike impact lag

Posted by July 9, 2023

AIX-EN-PROVENCE, France, July 9 (Reuters) - An unusually long lag in the time interest rate hikes are taking to feed through to the economy has left corporate l

Read More

Morning Bid: Data-hit bond markets end summer lull

Posted by July 7, 2023

A look at the day ahead in U.S. and global markets from Mike DolanThe seeming serenity of June markets has finally been broken by summer storms as a blistering

Read More

Britain to tap pensions for infrastructure as Thames Water toils

Posted by July 7, 2023

LONDON, July 7 (Reuters) - As Thames Water's financial troubles raise questions about such investments, Britain will next week try to persuade pension schemes t

Read More

UK bonds tumble as markets bet Bank of England rates…

Posted by July 6, 2023

Bank of England rates priced to hit 6.5% by DecemberThirty-year gilts see biggest price fall since OctoberTen-year yields push past Oct peak to highest since 20

Read More

Payments processor FIS to sell stake in merchant unit to…

Posted by July 6, 2023

July 6 (Reuters) - Fidelity National Information Services (FIS.N) is selling a majority stake in its merchant business to private equity firm GTCR, the payments

Read More

Morning Bid: Markets labor on China, three jobs gauges

Posted by July 6, 2023

A look at the day ahead in U.S. and global markets from Mike DolanWorld markets have taken a hit from a deepening selloff in China as they await critical health

Read More

UK companies lower their expectations for price growth, Bank of…

Posted by July 6, 2023

LONDON, July 6 (Reuters) - British companies' expectations for selling price inflation cooled slightly in June and reached their lowest level since early last y

Read More

Exclusive: GTCR nears up to $20 bln FIS merchant business…

Posted by July 3, 2023

NEW YORK, July 3 (Reuters) - Private equity firm GTCR LLC is in advanced talks to acquire a majority stake in the merchant business of payment processing compan

Read More

SVB Financial nears approval to sell its investment banking business

Posted by June 29, 2023

NEW YORK, June 29 (Reuters) - A U.S. bankruptcy judge said Thursday that he would allow SVB Financial Group to sell its investment banking division, once the co

Read More

Britain to sign cooperation pact with EU in financial services

Posted by June 27, 2023

[1/2]A general view of skyscrapers in The City of London financial district seen from City Hall in London, Britain, May 8, 2021. REUTERS/Henry Nicholls/File Pho

Read More