DIRS.INFO The most relevant business & tech news

☆ Here's what 12 European Central Bank members said about interest rates this week
▼ + stars: | 2024-04-19 | by ( Jenni Reid | ) www.cnbc.com time to read: +7 min

The ECB opted to hold rates steady in April and next meets to vote on monetary policy on June 6. Christine Lagarde, president of the ECBThe ECB's figurehead delivered a firm message that reflected her statements in recent press conferences: markets should expect an interest rate cut soon, barring major surprises. watch nowGabriel Makhlouf, governor of the Central Bank of IrelandMakhlouf said the most recent data sets had shifted his view on rates. "We don't follow the Fed... and now the ECB will be the central bank to be followed," Šimkus said. One could have cut rates way back in March or even April," he continued, adding that he hoped a majority of Governing Council members would back a June cut.

Persons: Kirill Kudryavtsev, Christine Lagarde, Lagarde, CNBC's Sara Eisen, Galhau, Villeroy, Karen Tso, Joachim Nagel, Germany's, Nagel, Robert Holzmann, Mario Centeno, Centeno, Gabriel Makhlouf, Central Bank of Ireland Makhlouf, we've, Makhlouf, Pierre Wunsch, Wunsch, Boris Vujčić, Jerome Powell, Vujčić, Gediminas Šimkus, Bank of Lithuania Šimkus, Šimkus, Edward Scicluna, Central Bank of Malta Scicluna, Kazāks, Bank of Latvia Kazāks, Olli Rehn, Rehn Organizations: Afp, Getty, International, European Central Bank, CNBC, ECB, Bank of France, Council, Austrian Central Bank One, Bank of Portugal, Central Bank of Ireland, National Bank of, Croatian National Bank, Federal, U.S, Bank of Lithuania, Central Bank of, Governing, Bank of Locations: Frankfurt, Germany, New York, ECB's, National Bank of Belgium, U.S, Europe, Central Bank of Malta, Bank of Latvia, Bank of Finland

☆ A millennial who moved from London to Bahrain says she loves her cheaper, sunnier, and safer new home
▼ + stars: | 2023-11-07 | by ( Mark Ellwood | ) www.businessinsider.com time to read: +7 min

Kate Phillipson moved from the UK to Bahrain in 2020 with her navy-sailor boyfriend at the time. She says Bahrain is safe and sunny and she has a better work-life balance than she did in London. Phillipson describes life in Bahrain as idyll — as it is for many educated, mostly Western professionals who have arrived in Bahrain like her. There's also a much-stronger work-life balance, she said, with less expectation to be on call outside office hours compared with her London life. "I'd not even heard of it before I moved here, but I don't have any plans on leaving anytime soon."

Persons: Kate Phillipson, —, Phillipson, Briton, expats who've, idyll, Bahrain —, There's, Kate Phillipson Phillipson, I've, I'd, It's, she's Organizations: Service, Human Rights Watch, Bahraini, Las Locations: Bahrain, London, Saudi Arabia, South Asia, Solymar, St, Tropez, France, Italy, England, Europe, Saudi, Las Vegas, Ethiopian

☆ Gold firms as dollar, yields slip after Fed keeps rates steady
▼ + stars: | 2023-11-02 | by ( ) www.cnbc.com time to read: +2 min

At the precious metals dealer Pro Aurum, two gold and two silver bars are placed in a locker in a vault. Gold prices edged up on Thursday, buoyed by a weaker U.S. dollar and Treasury yields after the Federal Reserve held interest rates steady and as investors stepped up bets that the central bank may be done with rate hikes. The Fed on Wednesday held interest rates steady as widely expected, as policymakers struggled to determine whether financial conditions may be sufficiently tight to control inflation. Markets now await the U.S. non-farm payrolls report on Friday, for more cues on Fed's interest rate path. Spot silver was steady at $22.98 per ounce, platinum rose 0.6% to $926.08 and palladium rose 1% to $1,114.02.

Persons: Ilya Spivak, Jerome Powell, Spivak Organizations: Pro Aurum, Federal Reserve, Fed, Trust, U.S .

☆ Asian stocks bounce on China spending plans; inflation jolts Aussie
▼ + stars: | 2023-10-25 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 0.9% and the Hang Seng (.HSI) 2%. China's top parliament approved a 1 trillion yuan ($137 billion) bond issue, state media reported adding the funds would be spent rebuilding disaster zones and improving infrastructure. Investors pulled forward European rate cut expectations a little and the euro was nursing losses at $1.0594. The annual pace of inflation in Australia slowed in the third quarter, but at 5.4% was above forecasts of 5.3%. Oil fell in commodity trade on Tuesday, thanks to the weak economic data from Europe, and was nursing losses on Wednesday.

Persons: Dado Ruvic, hawkish, Bonds, Steven Leung, UOB Kay Hian, Leung, Glenn Yin, Lincoln Organizations: REUTERS, Japan's Nikkei, Treasury, Central, Central Huijin, Investors, 25bp, ANZ, Brent, AETOS Capital Group, U.S . Securities, Exchange Commission, Thomson Locations: China, SINGAPORE, Asia, Pacific, Japan, Tokyo, U.S, Hong Kong, Central, Australia, Europe, Melbourne, United States, Russia, Israel, Gaza, BlackRock

☆ Australia deploys more aircraft, personnel to Middle East
▼ + stars: | 2023-10-24 | by ( Renju Jose | ) www.reuters.com time to read: +2 min

REUTERS/Ibraheem Abu Mustafa Acquire Licensing RightsSYDNEY, Oct 25 (Reuters) - Australia said on Wednesday it had deployed two more military aircraft and a "significant number" of defence personnel to the Middle East to help support its citizens there if the ongoing war between Israel and militant group Hamas escalates. Australia sent a Boeing C-17 aircraft and an air refueler plane that has the capacity to carry passengers, taking the total to three, Defence Minister Richard Marles said. He did not disclose the total number of personnel deployed and where the aircraft would be based due to security reasons but said they would not be based in Israel. "It is a significant number of personnel, though, and they're there to support the aircraft and to support what that aircraft might ultimately have to do," Marles told Channel Nine. Australia on Wednesday also unveiled a new A$20 million ($12.7 million) military package for Ukraine, taking its total aid to A$910 million since Russia invaded in February 2022.

Persons: Khan Younis, Abu Mustafa, Richard Marles, Marles, Renju Jose, Stephen Coates Organizations: REUTERS, Rights, Hamas, Boeing, Defence, West Bank, Australia, Thomson Locations: Gaza, Australia, Israel, Iran, Rafah, Egypt, Lebanon, Lebanon's Iran, Ukraine, Russia, Sydney

☆ Revenge travel is over — even in China, says CEO of InterContinental Hotels Group
▼ + stars: | 2023-10-24 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +3 min

In this article IHG-GBIHG Follow your favorite stocks CREATE FREE ACCOUNTPent-up travel demand — which drove global travel recovery following the Covid-19 pandemic — is over, said Intercontinental Hotels Group CEO Elie Maalouf. "So we're really past revenge travel — even in China." The company's latest quarterly update showed travel demand remained strong during the close of the summer travel season. Elie Maalouf CEO of Intercontinental Hotels GroupThe company currently operates more than 6,200 hotels worldwide and has another 1,978 in the pipeline. "In the United States, there are about 9,000 hotels that we think are interested in joining a system.

Persons: Elie Maalouf, Maalouf, We're, —, it's, IHG, Garner Organizations: Intercontinental Hotels, CNBC, Hotels, Resorts, Dubai —, Holiday Locations: China, Greater China, Beijing, Shanghai, Guangzhou, Shenzhen, Americas, Europe, Middle East, Africa, Asia, —, Spanish, Dubai, ., Southeast Asia, Central Asia, United States

☆ Stock Market Today: Tesla Stock Sinks, Netflix Surges and Earnings Deluge Continues
▼ + stars: | 2023-10-19 | by ( ) www.wsj.com time to read: +1 min

A fresh selloff in government bonds weighed on stock markets globally, adding to pressure from the conflict in the Middle East . Netflix shares leapt in premarket trading, while Tesla fell after the companies reported quarterly results after Wednesday’s market close. Investors were also assessing results from major companies such as AT&T and Blackstone. S&P 500 and Dow industrials contracts edged lower, while Nasdaq-100 contracts wavered. Treasury yields rose.

Persons: Tesla, Stocks Organizations: Netflix, Blackstone, Stock, Dow, Nasdaq, Brent, Venezuela Locations: Shanghai, Europe, Israel, U.S

Search resuls for: "East ."

7 mentions found