Category Archives:
Fed’s Bostic says U.S. interest rates are high enough
(Reuters) - Atlanta Federal Reserve Bank President Raphael Bostic laid out a case on Thursday against any further U.S. interest rate hikes, saying monetary policy is already tight enough to bring infl...
Aug 31, 2023
Shares in Swiss bank UBS hit highest since late 2008
MILAN (Reuters) - Shares in UBS hit their highest level since October 2008 on Thursday, extending a strong run that has put the Swiss bank well ahead of its European rivals following the takeover in M...
Aug 31, 2023
Microsoft to unbundle Teams from Office in bid to allay EU antitrust concerns
By Foo Yun Chee BRUSSELS (Reuters) - Microsoft will unbundle its chat and video app Teams from its Office product and make it easier for rival products to work with its software, the U.S. company said...
Aug 31, 2023
UBS sees around 3,000 redundancies integrating Credit Suisse in Switzerland – CEO
ZURICH (Reuters) - UBS expects around 1,000 jobs to go from integrating Credit Suisse's Swiss business, Credit Suisse (Schweiz), and an additional 2,000 redundancies in Switzerland over the next coupl...
Aug 31, 2023
French inflation higher than expected in August, at 5.7%
PARIS (Reuters) - French inflation accelerated more than expected in August due to renewed price pressures in the energy sector whereas they eased again in the food sector, preliminary EU-harmonised o...
Aug 31, 2023
Avoiding catastrophe, Florida’s Gulf Coast begins cleanup from Hurricane Idalia
By Marco Bello, Maria Alejandra Cardona and Steve Gorman PERRY, Florida (Reuters) - Cleanup and recovery from Hurricane Idalia began on Thursday along Florida's Gulf Coast, where property damage, loss...
Aug 31, 2023
Payments firm Klarna posts smaller H1 loss
STOCKHOLM (Reuters) - Swedish payments group Klarna Bank reported on Thursday a much smaller six-month operating loss than a year earlier and said it had reached profitability on a monthly basis ahead...
Aug 31, 2023
Investors call on ISS to overhaul its net-zero proxy advice
By Tommy Wilkes and Simon Jessop LONDON (Reuters) - More than 30 investors have called on proxy advisor ISS to improve the guidance it gives to clients wanting companies to decarbonise faster, saying ...
Aug 31, 2023
Factbox-What to watch at Africa’s first climate summit
By Duncan Miriri NAIROBI (Reuters) - Financing and Africa's negotiating position in upcoming global talks will dominate the continent's first climate summit in Kenya next week. The following are some ...
Aug 31, 2023
Japan budget demands hit record as BOJ tweaks raise borrowing costs -sources
By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) - Japan's budget demands will hit a record, exceeding 112 trillion yen ($767 billion), for the current fiscal year, sources told Reuters, as r...
Aug 31, 2023
Peoria, IL, USA
60 °F Sunny
