IBT Staff Reporter

1861-1890 (out of 154954)

ECB Hikes Rates, Throws Lifeline To Indebted Countries

The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped worries about growth, even while the euro zone economy is suffering from the impact of Russia's war in Ukraine.

ECB Hikes Faster Than Flagged In Race To Tame Inflation

The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped growth considerations, even while the euro zone economy reels from the impact of Russia's war in Ukraine.

Tesla Profit Tops Target; Musk Sees No Demand Problem

Tesla Inc on Wednesday reported a smaller-than-expected drop in quarterly profit as a string of price increases on its electric vehicles (EVs) helped offset production challenges caused by COVID-19 lockdowns in China.

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