ECB pushes back rate hike again as outlook darkens

ECB pushes back rate hike again as outlook darkens

VILNIUS (Reuters) – The European Central Bank pushed back the timing of its first post-crisis interest rate hike again on Thursday and said it would continue paying banks for lending in its latest effort to revive a slowing euro zone economy. FILE PHOTO: Sign …
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India orders Uber and rival Ola to electrify 40% of fleets by 2026

India is doubling down on its push to replace gasoline and diesel vehicles on its streets with environmentally friendly electric cars. The government plans to order ride-hailing firms such as Uber and Ola, that operate hundreds of thousands of cars in the nation, …
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Line teams up with Visa to boost its mobile payment service

Messaging app Line has partnered with Visa to bring traditional financial clout to its mobile payment service. The deal will see Line Pay become compatible with Visa’s 54 million merchant partner locations worldwide, boosting the service outside of its native …
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Germany to Explore Commerzbank-ING Deal With Netherlands

Commerzbank jumped 4% after Bloomberg published news of the talks. … wasn't immediately able to comment when contacted by Bloomberg.
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Sharon White Steps Down as Head of British Media Regulator Ofcom

Sharon White is stepping down as the head of British media regulator Ofcom. White joined the body, formally known as the Office of Communications, in 2015. She will vacate the post of chief executive around the end of the year. During White’s tenure, Ofcom …
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