Reuters

2011-2040 (out of 14429)

Italy's Nexi Surprises Markets With Ambitious Goals

Nexi, Europe's biggest payment firm by volume, on Tuesday said it would increase profits more than markets expected over the next three years and generate around 2.8 billion euros ($2.7 billion) in excess cash.

Fed's Evans Sees Interest Rates Peaking At 4.50-4.75%

The U.S. Federal Reserve will need to raise interest rates to a range between 4.50% and 4.75%, Chicago Fed President Charles Evans said on Tuesday, a more aggressive stance than he has previously embraced that underscores the central bank's hardening resolve to quash excessively high inflation.

Tattered UK Gilt Market Stages Tentative Comeback

British government bond prices recovered partially on Tuesday from the historic plunges of previous days when investors unloaded sterling assets at a ferocious pace in response to new finance minister Kwasi Kwarteng's borrowing plans.

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