Investing.com -- The interest rate that neither slows nor spurs growth in the euro zone has seen a notable rise in the past two years, according to European Central Bank (ECB) board member IsabelSchnabel. Schnabel stated that the ECB's deposit rate of 2.75% may no longer be inhibiting the economy. Schnabel noted in a speech on Tuesday that the natural rate of interest in the euro area has increas ...
Investing.com -- RBC Capital Markets lowered its rating on GDS Holdings (NASDAQ:GDS) to Sector Perform from Outperform given a strong year-to-date rally in the stock, with a view that the shares are now fully valued. The brokerage raised its price target on GDS to $37, reflecting a "slightly less conservative EBITDA/MW assumption" and strong operational prospects. RBC noted that GDS shares have ...
Investing.com -- Shares of HashiCorp Inc. (NASDAQ:HCP) climbed 1% after the UK's Competition and Markets Authority (CMA) cleared the anticipated $6.4 billion acquisition of the company by International Business Machines Corporation (NYSE:IBM). The approval marks a significant step forward for the merger, which was first announced in April with the expectation of closing by the end of 2024. The CM ...
By Crispian Balmer VATICAN CITY (Reuters) - The Vatican said on Saturday that Pope Francis' health had deteriorated over the past 24 hours and for the first time described his condition as "critical", reporting he had needed supplemental oxygen and blood transfusions. The pope was admitted to Rome's Gemelli hospital on February 14 after experiencing difficulty breathing for several days, and was ...