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BNP Paribas to sell Bank of the West to Canada’s BMO for around $16 billion
PARIS (Reuters) - BNP Paribas, France's biggest bank by market capitalisation, said it had agreed to sell its U.S. unit Bank of the West to Canada's BMO Financial Group for around $16.3 billion. BNP P...
Syndicated Content Dec 20, 2021
Marketmind: Omicron for Christmas
A look at the day ahead from Danilo Masoni. With the big central bank decisions out of the way, investors can now entirely focus on COVID-19 developments. And what they're seeing isn't looking good. T...
Syndicated Content Dec 20, 2021
BE Semiconductor cuts Q4 revenue guidance due to Malaysia floods
(Reuters) -Chipmaking equipment supplier BE Semiconductor (BESI) on Monday said it had lowered its fourth-quarter revenue outlook due to flooding affecting its main production facility in Malaysia. Th...
Syndicated Content Dec 20, 2021
StanChart fined $61.5 million for misreporting liquidity position
LONDON (Reuters) -The Bank of England said on Monday it was fining Standard Chartered 46.55 million pounds ($61.51 million) for misreporting its liquidity position to the regulator and for failings in...
Syndicated Content Dec 20, 2021
S.Korea sees steady recovery, slightly increases 2022 growth forecast
By Joori Roh SEOUL (Reuters) - South Korea expects the economy to grow steadily in 2022, as domestic demand rebounds and export sales remain strong, but said it would continue to provide fiscal stimul...
Syndicated Content Dec 20, 2021
Israel bans travel to U.S. over Omicron concerns – official statement
JERUSALEM (Reuters) - Israel on Monday banned its citizens from travelling to the United States without special permission, citing concerns over the spread of the COVID-19 Omicron variant. A statement...
Syndicated Content Dec 20, 2021
After inflation, a bond supply shock may be next for markets
By Dhara Ranasinghe LONDON (Reuters) - Central banks, the developed world's most reliable group of bond buyers, could slash debt purchases next year by as much as $2 trillion across the four big advan...
Syndicated Content Dec 20, 2021
Oil driller sees the industry’s future in electric rigs, carbon offsets
By Liz Hampton BROOMFIELD, Colorado (Reuters) - In a Denver suburb, an oil drilling rig plumbs the earth near a wealthy enclave framed by snow-capped mountains. The site is quieter, cleaner and less v...
Syndicated Content Dec 20, 2021
Global M&A activity smashes all-time records to top $5 trillion in 2021
By Anirban Sen, Pamela Barbaglia and Kane Wu LONDON/HONG KONG (Reuters) - Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water mark that ...
Syndicated Content Dec 20, 2021
U.S. gasoline prices fall a little or a lot, depending where you are
By Laura Sanicola (Reuters) - U.S. gasoline prices have dropped in time for the major holiday driving season, but not everyone around the country is feeling the same relief at the pump. Fuel prices we...
Syndicated Content Dec 20, 2021
Peoria, IL, USA
69 °F Overcast
