What does this rate hike mean? The Repo rate hike, which comes after a 40 bps hike in May, will force banks and non-banking finance companies to increase repo-linked lending rates and minimum cost o… [+2538 chars]
By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose on Wednesday, despite a likely rise in U.S. oil stocks, on the easing of Chinese COVID-19 related lockdowns and a possible strike by Norwegian oil … [+2474 chars]
U.S.-based custodian giant State Street is reportedly planning a takeover of Credit Suisse by a possible share bid in the coming days. State Street is planning a takeover bid for troubled Swiss lend… [+1166 chars]
