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  • Global banks raise forecast to 4% peak for key ECB rate

    Global banks raise forecast to 4% peak for key ECB rate0

    Goldman Sachs (NYSE:GS), BNP Paribas (OTC:BNPQY), Uncredited (BIT:CRDI) and RBC Capital Markets had earlier expected the ECB’s terminal rate to peak at 3.75%, following a 25 basis points (bps) hike in July, they said in notes after the central bank meeting. The ECB raised euro zone borrowing costs to their highest level in 22 years

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  • Toyota Wins Over Shareholders at AGM After Questions On Strategy, Governance

    Toyota Wins Over Shareholders at AGM After Questions On Strategy, Governance0

    Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual general meeting (AGM) on Wednesday, an endorsement of the automaker a day after it laid out an extensive electric vehicle strategy. EV ROADMAP Toyota aims to produce more efficient, faster-charging versions of current batteries to improve EV

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  • Dow Futures Little Changed, Chegg Tanks 21.5% After Earnings

    Dow Futures Little Changed, Chegg Tanks 21.5% After Earnings0

    U.S. stock futures were trading in a tight range during Monday’s evening deals, after major benchmark averages finished the regular session lower as rising yields put pressure on risk-sensitive assets ahead of key speeches set to be delivered by Federal Reserve officials later in Tuesday’s session. By 18:30 ET (23:30 GMT) Dow Jones futures, S&P

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