Category Archives:
UBS to absorb Credit Suisse’s Securities Research offering
(Reuters) -UBS will absorb Credit Suisse's Securities Research service later this month, wrapping the business into its own research operations, the bank said in a letter seen by Reuters on Tuesday. "...
Sep 05, 2023
Rising debt cost to weigh on euro zone GDP – HSBC
(Reuters) - The growth in euro zone's gross domestic product (GDP) may come under pressure as corporates ease the pace of investments due to higher borrowing costs, HSBC economists said on Tuesday. Th...
Sep 05, 2023
Argentina, in dollar love affair, agonizes over divorcing the peso
By Marc Jones, Eliana Raszewski and Rodrigo Campos LONDON/BUENOS AIRES/NEW YORK (Reuters) - Mara Barro, a 65-year-old domestic worker in Buenos Aires, buys a few dollars each month with her peso salar...
Sep 05, 2023
Focus: Inside Cleveland-Cliffs’ bid to keep U.S. blast furnaces smelting
By Isla Binnie and Bianca Flowers NEW YORK/CHICAGO (Reuters) - High costs and environmental opposition have prevented the construction of blast furnaces at steel mills in the United States since 1980....
Sep 05, 2023
S&P Global raises reinsurance sector view to stable from negative
LONDON (Reuters) - S&P Global has raised its view of the global reinsurance sector to stable from negative, it said on Tuesday, due to higher reinsurance rates and increasing investment income. The ra...
Sep 05, 2023
Analysis-US banks hold $3.3 trillion cash amid banking crisis, slowdown worries
By Saeed Azhar and Ann Saphir NEW YORK/SAN FRANCISCO (Reuters) - U.S. lenders are holding onto large piles of cash as insurance against a slowing economy, continuing deposit outflows and looming tough...
Sep 05, 2023
Analysis-US healthcare stocks roiled by investor tug of war over economy
By David Randall NEW YORK (Reuters) - U.S. stock fund flows into and out of the healthcare sector have swung wildly from week to week lately, as investors have adjusted their bets over how long the ec...
Sep 05, 2023
Exclusive-Canada oil sands carbon capture project struggles to get key contract
By Steve Scherer OTTAWA (Reuters) - Canada is struggling to get a key tool in place for major carbon capture and storage (CCS) projects, said a representative of one of the largest such ventures, as t...
Sep 05, 2023
Rising demand for Fed bank lending program not a sign of stress
By Michael S. Derby NEW YORK (Reuters) - Almost half a year after Silicon Valley Bank went belly up and nearly set off a national banking crisis, still-growing borrowing from a Federal Reserve emergen...
Sep 05, 2023
Canadian pilots eye higher-paid U.S. cockpits as staffing shortages bite
By Allison Lampert MONTREAL (Reuters) - The number of Canadian pilots seeking to fly in the United States tripled in 2022, according to previously unreported U.S. government data, raising fears of dee...
Sep 05, 2023
Peoria, IL, USA
78 °F Sunny
