Category Archives:
Global regulators make tackling non-bank leverage a priority for 2024
By Huw Jones LONDON (Reuters) - Tackling hidden leverage across the multi-trillion dollar "shadow banking" sector is next year's priority, global financial regulators said on Wednesday, but the challe...
Syndicated Content Dec 20, 2023
Microsoft inks carbon removal deal with offsets startup Chestnut
By David French (Reuters) - Microsoft Corp has struck a deal with offsets startup Chestnut Carbon to acquire credits linked to the removal of carbon dioxide from the atmosphere, the firms said Wednesd...
Syndicated Content Dec 20, 2023
Sony highlights PS5 momentum as hardware sales top 50 million
By Sam Nussey TOKYO (Reuters) - Sony is seeing strong momentum for its PlayStation 5 console, a senior games executive said, with lifetime sales exceeding 50 million units and the company recording it...
Syndicated Content Dec 20, 2023
Brazil economic activity down 0.06% in October
SAO PAULO (Reuters) - Economic activity in Brazil performed worse than expected in October, central bank data showed on Wednesday, corroborating broad readings of economic cooling. The IBC-Br index, a...
Syndicated Content Dec 20, 2023
Magnitude 6 earthquake strikes southern Peru – GFZ
(Reuters) - An earthquake of magnitude 6 struck southern Peru on Wednesday, the German Research Center for Geosciences (GFZ) said. The quake was at a depth of 80 km (50 miles), GFZ said. (Reporting by...
Syndicated Content Dec 20, 2023
Lava flows from Iceland volcano slow as heavy snow sets in
By Marco Trujillo and Marko Djurica REYKJAVIK (Reuters) - Lava flows from a volcano in Iceland were slowing on Wednesday as heavy snows cloaked the area, reducing visibility of an eruption that for no...
Syndicated Content Dec 20, 2023
General Mills cuts annual sales forecast on slowing demand
(Reuters) - General Mills cut its annual sales forecast on Wednesday, hurt by slowing demand for its higher-priced breakfast cereals, snack bars and pet food products. Shares of the Cheerios cereal ma...
Syndicated Content Dec 20, 2023
Thorne HealthTech taps former Vitamin Shoppe CEO Watts as leader
By Abigail Summerville NEW YORK (Reuters) - Private equity firm L Catterton has appointed former Vitamin Shoppe CEO Colin Watts as Thorne HealthTech's next leader following its $680 million acquisitio...
Syndicated Content Dec 20, 2023
US 30-year mortgage rate drops to 6.83%, its lowest since June
By Ann Saphir (Reuters) - The interest rate on the most common type of U.S. home mortgage dropped last week to 6.83%, its lowest since June, as the Federal Reserve signaled it is done raising borrowin...
Syndicated Content Dec 20, 2023
PayPal amends terms and conditions to comply with EU law
BRUSSELS (Reuters) - PayPal has committed to amending its terms and conditions to fully comply with EU consumer protections rules, the EU said in a statement on Wednesday. "Following a dialogue with t...
Syndicated Content Dec 20, 2023
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