Blue Owl shares surge after private credit firm cites SpaceX gains
Blue Owl Capital at the New York Stock Exchange, May 20, 2021. Source: NYSE Shares of Blue Owl,…
US Fed holds rates steady in Powell’s final meeting as Fed Chair | Business and Economy News
The central keeps interest rates steady at 3.5 – 3.75 percent amid inflation concerns and global economic strain…
BlueSnap expands payments network into New Zealand
By Aarav Garg BlueSnap, powered by Payroc, has launched local acquiring in New Zealand, expanding its payment orchestration…
German central bank abandons controversial overhaul | Northwest & National News
Germany’s central bank said Wednesday it was abandoning a project to renovate its historic Frankfurt headquarters after furious…
Why geopolitics is making central bankers’ job much harder – POLITICO
His comments will resonate in Frankfurt, where ECB officials are grappling with the economic fallout from the Middle…
German government slashes growth forecast amid Iran war fallout – POLITICO
Inflation to rebound Rising energy prices will likely push inflation back toward 3 percent this year and next,…
EU sanctions more Russian banks to squeeze Putin’s war economy – POLITICO
The sanctions also include four banks from Kyrgyzstan, Laos and Azerbaijan, in a bid to crack down on…
How summits of EU leaders became dysfunctional – POLITICO
“Of course, if you say, well, we need to reform the EU to make it faster, then the…
South Korea economic growth surpassed estimates in Q1, thanks to chips
A screen displays the closing figure of the Korea Composite Stock Price Index (KOSPI) inside a trading room…
US Treasury Secretary Bessent says Gulf, Asian allies request swap lines | Banks News
Bessent has pushed back on allegations that the Trump family’s financial ties with UAE are driving the decision…
France opens terror probe into suspected attack on Paris Bank of America
Police officials stand alongside police and private security vehicles outside The Bank of America building in the 8th…
Banks trim rates as headwinds complicate monetary policy
Deposit rates are edging lower, led by major state-owned banks, but mounting global and domestic pressures are narrowing…