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Economy

Exclusive-Some ECB governors wanted to drop pledge to keep policy tight, sources say

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – Some European Central Bank governors at Thursday’s rate-setting meeting made the case for…
Economy

Bank of Canada most likely to cut rates by 50 bps next week

By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada is widely expected to reduce its key policy rate by 50 basis…
Economy

Factbox-Airlines suspend flights as Middle East tensions rise

(Reuters) -Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to…
Economy

AmEx quarterly profit exceeds expectations on cost control

(Reuters) -American Express reported third-quarter profit above Wall Street estimates on Friday, benefiting from disciplined expense management that helped soften the hit…
Economy

Fifth Third Bancorp’s profit falls on higher loan loss provisions

(Reuters) – Fifth Third Bancorp (NASDAQ:FITB) reported a fall in its third-quarter profit on Friday, as the bank set aside more money…
Economy

US weekly jobless claims unexpectedly fall

WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment unexpectedly fell last week, but could remain elevated in the…
Economy

US retail sales increase solidly in September

WASHINGTON (Reuters) – U.S. retail sales increased slightly more than expected in September, supporting views that the economy maintained a strong pace…
Economy

European shares marginally up; investors eye dovish ECB comments

(Reuters) – Stocks in Europe inched up on Thursday as investors looked for a dovish outlook on top of a fully priced…
Economy

‘No excuses’: Thai central bank rate cut intensifies pressure on PM to spur economy

By Orathai Sriring BANGKOK (Reuters) – After months of withstanding political pressure and public bickering, Thailand’s central bank on Wednesday delivered what…
Economy

Hungarian GDP growth will be close to zero in Q3, economy minister says

BUDAPEST (Reuters) – Hungarian gross domestic product growth will be “very close to zero” in the third quarter, significantly below market expectations,…
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