Category Archives:
Factbox-Credit Suisse arrivals and departures after UBS seals takeover
ZURICH (Reuters) - UBS followed up the announcement it had closed the takeover of stricken rival Credit Suisse on Monday with a raft of management changes. Here are the highlights: OUT Leaving the com...
Jun 12, 2023
Ryanair eyes slots IAG may hand over as remedies in Air Europa purchase -report
MADRID (Reuters) - Irish airline Ryanair is keen to buy the slots International Consolidated Airlines Group may be forced to dispose to get its planned acquisition of Air Europa approved by the Europe...
Jun 12, 2023
AB InBev, Molson Coors dent US craft beer competition with cheaper six-packs
By Ananya Mariam Rajesh (Reuters) - Anheuser-Busch InBev and Molson Coors Beverage are set to gain market share from craft beer makers in the United States this year as cost-conscious consumers are op...
Jun 12, 2023
Futures rise as focus shifts to inflation data, Fed meet
(Reuters) - U.S. stock index futures rose on Monday ahead of inflation data and the Federal Reserve's interest rate decision this week, while Biogen shares gained in premarket trading after the U.S. F...
Jun 12, 2023
Biogen rises as FDA panel backs Alzheimer’s drug, easing safety concerns
(Reuters) - Shares of Biogen Inc rose 4% in premarket trade on Monday as an unanimous backing of the company's Alzheimer's drug Leqembi by the U.S. regulator's advisers eased concerns that a tradition...
Jun 12, 2023
Explainer-Why is the Canadian economy strong despite record pace of rate hikes?
By Steve Scherer OTTAWA (Reuters) - Despite the fastest monetary tightening cycle in the country's history, Canada's economy is still running hot, which forced the central bank to crank its key intere...
Jun 12, 2023
Healed from the pandemic, U.S. job market may face fresh wounds from the Fed
By Howard Schneider WASHINGTON (Reuters) - U.S. Federal Reserve officials, who hoped to return the job market to its 2019, best-in-a-generation status after the pandemic, may be on the verge of succes...
Jun 12, 2023
Analysis-Canadian wildfires shutter sawmills, drive up lumber prices
By Rod Nickel WINNIPEG, Manitoba (Reuters) - Canada's worst-ever spring wildfire season has forced its forestry industry to shutter sawmills, driving up lumber prices and setting production back for m...
Jun 12, 2023
Recession risks still loom for markets calmer after banking turmoil
(Reuters) - The euro zone has slipped into recession and Chinese data has disappointed, warning signs for world markets relieved that the March banking turmoil has not led to a full on credit-crunch a...
Jun 12, 2023
‘I need an outlet’: Grieving relatives talk to lost loved ones on phone in the forest
By Matt McKnight OLYMPIA, Wash. (Reuters) - In the middle of a serene forest four miles from Washington state's capital Olympia sits a vintage rotary phone. It is not connected to a telephone line and...
Jun 12, 2023
Peoria, IL, USA
54 °F Sunny
