Category Archives:
China property, Russia drive emerging market Q3 corporate defaults – JPMorgan
LONDON (Reuters) - Defaults among emerging market companies continued to pile up in the third quarter due to troubles in Russia as well as China's property sector, with the volume of bonds trading at ...
Oct 11, 2022
Boeing 737 MAX certification extension not in current defense bill – sources
By David Shepardson WASHINGTON (Reuters) - A U.S. Senate amendment to extend a December deadline for Boeing Co to win regulatory approval for the 737 MAX 7 and MAX 10 jetliners is not part of the late...
Oct 11, 2022
U.S. Gulf grain exports slowed by low Mississippi River
By Karl Plume (Reuters) - U.S. crop exports at Louisiana Gulf Coast terminals were at their lowest level in nine years for the first week of October, a period when export shipments typically accelerat...
Oct 11, 2022
Flexjet plans to go public via $3 billion deal with Todd Boehly’s SPAC
(Reuters) -Private jet service Flexjet is planning to merge with Todd Boehly's blank-check firm Horizon Acquisition Corp. II, it said on Tuesday, in a deal that will value the combined company at $3.1...
Oct 11, 2022
Meta unveils its much-hyped Quest Pro mixed reality headset at Meta Connect 2022
By Katie Paul (Reuters) - Meta Platforms unveiled its Quest Pro virtual and mixed reality headset on Tuesday, marking a milestone for Chief Executive Mark Zuckerberg's break into the higher-end market...
Oct 11, 2022
Credit Suisse faces U.S. tax probe, senate inquiry – Bloomberg News
(Reuters) -The U.S. Justice Department is investigating whether Credit Suisse continued helping U.S. clients hide assets from authorities, eight years after the Swiss bank paid a $2.6-billion tax evas...
Oct 11, 2022
British pensions step up multi-billion-pound asset fire sale as need for cash soars
By Tommy Wilkes and Carolyn Cohn LONDON (Reuters) - UK pension schemes are racing to raise hundreds of billions of pounds to shore up derivatives positions before the Bank of England calls time on sup...
Oct 11, 2022
U.S. Senate kicks off debate on massive defense bill, targets China, Russia
By Patricia Zengerle WASHINGTON (Reuters) - The U.S. Senate formally kicked off debate on Tuesday on the 2023 National Defense Authorization Act, a must-pass $817 billion bill setting policy for the P...
Oct 11, 2022
Monte dei Paschi to get some $29 million from local banking foundations – source
FLORENCE, Italy (Reuters) -Monte dei Paschi di Siena is set to get around 30 million euros ($29 million) for its new share issue from local banking foundations, including the Tuscan bank's former top ...
Oct 11, 2022
EU regulators group against big tech paying for telco infrastructure
AMSTERDAM (Reuters) - A group of European telecom regulators does not support the idea of having big tech firms such as Google and Netflix paying for telecommunications infrastructure, it said in init...
Oct 11, 2022
Peoria, IL, USA
59 °F Patchy rain nearby
