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Bloomberg Citigroup Inc said it will wind down its consumer banking business in China, …
Read More »Citi is shutting consumer bank in China, affecting 1,200 employees
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Bank of Italy raises its inflation forecasts on energy price hikes
Bloomberg The Bank of Italy raised its inflation forecasts for the next three years …
Read More »SMBC taps Fukutome to head core banking unit
Bloomberg Sumitomo Mitsui Banking Corp (SMBC) named Senior Managing Executive Officer Akihiro Fukutome as …
Read More »Norway central bank raises key borrowing rate
Bloomberg Norway’s central bank raised borrowing costs to the highest level in more than …
Read More »Swiss central bank slows rate hiking with half-point move
Bloomberg The Swiss National Bank (SNB) raised its interest rate by 50 basis points, …
Read More »Stocks bulls losing support as $4trn of options set to expire
Bloomberg Bulls reeling from the Federal Reserve’s still-hawkish tilt are about to lose a …
Read More »Equity selloff deepens as recession fears grow
Bloomberg US equity-index futures dropped with European stocks amid concern the resolve of central …
Read More »Delta raises profit outlook as rivals warn of weak demand
Bloomberg Delta Air Lines Inc boosted its fourth-quarter earnings outlook but trimmed the top end …
Read More »Embraer in talks to sell regional planes to Singapore Air’s Scoot
Bloomberg Embraer SA is in talks with Singapore Airlines Ltd to supply its Scoot …
Read More »Amazon’s post-Covid cutbacks draw ire of Vietnamese supplier
Bloomberg Amazon.com Inc faces a $280 million lawsuit from a Vietnamese manufacturer of warehouse storage …
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