Category Archives:
EU sees urgency in bolstering bank resilience after turmoil
By Jan Strupczewski and Balazs Koranyi STOCKHOLM (Reuters) - Last month's turmoil in the banking sector barely affected European Union lenders but there remains an urgent need to make the sector even ...
Apr 28, 2023
US money market funds see biggest weekly inflow in four weeks
(Reuters) - U.S. money market funds drew massive inflows in the week to April 26 as investors preferred safer assets amid nagging worries about the regional banking sector and prospects of an imminent...
Apr 28, 2023
Global elite heads to Milken event to talk banks, rates and recession
By Svea Herbst-Bayliss and Carolina Mandl NEW YORK (Reuters) - When Wall Street investors, dealmakers and chief executives meet in Beverly Hills next week to strategize on how to make money given the ...
Apr 28, 2023
Russia should not take temporary control of foreign banks’ units -central bank
MOSCOW (Reuters) - Taking over the temporary management of foreign banks' divisions in Russia would not be appropriate, Central Bank Governor Elvira Nabiullina said on Friday, after Moscow seized cont...
Apr 28, 2023
Global money market funds see big inflows in the week to April 26
(Reuters) - Investors put their cash in the relative safety of global money market funds in the seven days to April 26, on worries over a slowdown in global economic activity with the recent decline i...
Apr 28, 2023
Amazon’s cloud warning set to erase nearly $60 billion in value
(Reuters) - Amazon.com Inc shares fell nearly 5% on Friday after the company warned its lucrative cloud services business slowed further in April, fuelling concerns that the long-time growth driver wa...
Apr 28, 2023
China’s top airlines’ losses narrow after lifting of COVID curbs
BEIJING (Reuters) - China's three largest airlines reported narrower losses in the first quarter, with domestic and international travel picking up after the country dropped its strict COVID restricti...
Apr 28, 2023
Czech rates seen on hold before cut in third quarter
By Jason Hovet PRAGUE (Reuters) - The Czech National Bank (CNB) is likely to maintain policy stability and keep its key interest rate at a more than two-decade high of 7.00% on Wednesday, a Reuters po...
Apr 28, 2023
Mexico’s FEMSA Q1 revenues surge, driven by Oxxo store sales
MEXICO CITY (Reuters) -Mexico's FESMA , which controls one of the largest Coca-Cola bottlers and a string of convenience store chains, posted a 22% jump in its first-quarter revenue Friday, driven by ...
Apr 28, 2023
Florida Governor DeSantis meets Britain’s foreign minister in London
LONDON (Reuters) - Ron DeSantis met Britain's foreign minister James Cleverly during a visit to London on Friday aimed at boosting economic ties, ahead of an expected announcement by the Florida gover...
Apr 28, 2023
Peoria, IL, USA
69 °F Thunderstorm In Vicinity
