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The European Central Bank is set to keep interest rates at record highs on Thursday and take baby steps towards cutting them in the coming months as inflation continues to fall despite stubbornly high underlying price pressures.

Murmurs are growing that the Federal Reserve might resist cutting interest rates at all this year as corporate and household balance sheets look to have taken only a glancing hit from rate hikes to date.

New Zealand will honour two of their great servants when Kane Williamson and captain Tim Southee play their 100th test in Christchurch but Australia stand poised to torpedo the celebrations by completing a series sweep.

(RTTNews) - German luxury fashion brand Hugo Boss AG (HUGSF.PK) reported Thursday that its fourth-quarter net income attributable to equity holders of the parent grew 22 percent to 85 million euros from last year's 70 million euros.

Malaysia's central bank kept its benchmark interest rate unchanged on Thursday, in line with market expectations amid modest inflation and growth that was expected to pick up this year.

South Africa's rand firmed in early trading on Thursday against a weaker U.S. dollar, after Federal Reserve Chair Jerome Powell suggested rate cuts will likely come later this year.

An Israeli tank crew killed a Reuters reporter in Lebanon in October by firing two shells at a clearly identified group of journalists and then "likely" opened fire on them with a heavy machine gun in an attack that lasted 1 minute and 45 seconds, according to a report into the incident published on Thursday.

If you've held Uber Technologies (NYSE: UBER) shares for any meaningful length of time since the beginning of last year, congratulations! You've almost certainly made good money on your trade. Uber stock is up more than 200% since the end of 2022. As you might imagine, however, t

The yen hit a one-month high against the dollar on Thursday on growing speculation that the Bank of Japan could end negative interest rates this month, while bets that U.S. rate cuts could come by mid-year weighed on the greenback.

Merck KGaA forecast a return to modest operating earnings growth this year but only when adjusted for currency headwinds, citing a gradual recovery in demand for specialty materials used to make biotech drugs and semiconductors.

Continental on Thursday reported a 31.6% rise in its full-year adjusted operating result to 2.5 billion euros ($2.7 billion), slightly missing market expectations as inflation, exchange rate effects and higher freight costs weighed.

German chemicals distributor Brenntag said on Thursday it is cautiously optimistic of an improvement in market conditions this year, as demand started to recover slightly in the second half of 2023.

Hapoalim, one of Israel's two largest banks, reported a slight rise in quarterly profit helped by lower expenses and said it was well prepared to cope with the potential effects of Israel's war against Palestinian Islamist group Hamas.

Alpha Bank, Greece's fourth-largest lender by market value, reported a bigger net profit for 2023 on higher interest rates.

Meta Platforms (NASDAQ: META) had a good day both in terms of its operations and its stock performance. The social media giant's shares inched more than 1% higher, due in no small part to its inclusion in a major bank's list of stock picks. It also helped that the company's sites

Fast-food chain Panera Bread has loosened its standards for animal welfare and so-called clean ingredients in its food ahead of a planned IPO, according to internal company documents seen by Reuters, shaving an estimated $21 million off its annual costs.

(RTTNews) - The Malaysia stock market has moved lower in two straight sessions, sinking just 8 points or 0.5 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,530-point plateau although it may find traction on Thursday.

Japanese workers' real wages shrank in January for the 22nd consecutive month but at the slowest pace in over a year on weakening price pressures, data showed on Thursday.

The cost of the closure of Canadian miner First Quantum's copper mine in Panama is estimated at around $800 million, Trade and Industry Minister Jorge Rivera said on Wednesday.

Australia's financial crime watchdog said on Thursday it has commenced an investigation into British online gambling firm Bet365 after receiving an external audit report.