 | | | | The European Central Bank confirmed on Thursday it will end a long-running bond buying scheme on July 1 and signalled a string of interest rate hikes from July as it battles stubbornly high inflation. | | | | | | Major retailers like Target and Walmart may be cutting prices to clear overstocked warehouses, but hotel revenue is pouring in with room rates that have broken above pre-pandemic levels. | | | | | | The European Central Bank raised its inflation projections once again on Thursday but cut its growth outlook as the conflict in Ukraine continues to weigh on confidence, consumption and investment. | | | | | | China's central leadership has given a tentative green light to Jack Ma's Ant Group to revive its initial public offering plans in both Shanghai and Hong Kong, two sources with knowledge of the matter told Reuters on Thursday. | | | | | | Investors holding depositary receipts in Russia's sanctioned top banks are facing difficulties in converting them into shares after the European Union targeted Russia's national clearing house with sanctions, sources and analysts told Reuters. | | | | | | Chinese financial regulators have started early stage talks on a potential revival of Ant Group's initial public offering (IPO), Bloomberg News reported on Thursday, citing people familiar with the matter. | | | | | | U.S. stock index futures rose on Thursday, led by Tesla and other growth shares following a broad selloff on Wall Street on worries over surging inflation and the path for interest rate hikes. | | | | | | The electric carmaker will recruit staff for "smart manufacturing" roles. | | | | | | The world's biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class, but climate change could complicate their quest for profits. | | | | | | A hamburger and two potato fries will feature on the new logo at former McDonald's restaurants in Russia, the local company said, as it unveiled an advertising campaign ahead of its official reopening on Sunday. | | | | | |
