Category Archives:
SNB to hold rates through at least September, longer than the ECB- Reuters poll
By Indradip Ghosh BENGALURU (Reuters) - The Swiss National Bank will hold its key policy rate until at least the third quarter of next year, longer than the European Central Bank, despite price pressu...
Dec 11, 2023
Giuliani heads to trial over false vote fraud claims about Georgia poll workers
By Andrew Goudsward WASHINGTON (Reuters) - Rudy Giuliani goes to trial on Monday in a civil defamation case that could force him to pay millions of dollars to two Georgia election workers he falsely a...
Dec 11, 2023
Powell may hope for replay of Fed circa 1995 even as he shuns “victory”
By Howard Schneider WASHINGTON (Reuters) - As victory celebrations go, the Federal Reserve's announcement of a quarter point interest rate cut in July of 1995 was hardly ostentatious. "As a result of ...
Dec 11, 2023
White House, Congress scramble on last-minute deals on Ukraine and US immigration
By Ted Hesson and Richard Cowan WASHINGTON (Reuters) - Ukraine President Volodymyr Zelenskiy will make his case for more U.S. aid for the war against Russia during meetings in Washington this week, as...
Dec 11, 2023
Exclusive-Huawei approaches Audi, Mercedes about investing in its smart car firm, sources say
SHANGHAI/HONG KONG (Reuters) - China's Huawei Technologies has asked Mercedes Benz and Volkswagen's Audi if they are interested in buying small stakes in its smart car software and components firm, ac...
Dec 11, 2023
Hedge funds have lowest exposure to financials since March 2020 -Goldman
By Nell Mackenzie LONDON (Reuters) - Global hedge funds sold financial stocks for a 10th week running in the week ending Dec. 8 and now have the lowest exposure to the sector since March 2020, when th...
Dec 11, 2023
Investcorp acquires 50% stake in Corsair Capital’s infrastructure business
By Hadeel Al Sayegh DUBAI (Reuters) - Middle East alternative investment firm Investcorp has acquired a 50% stake in the $4.8 billion infrastructure business of U.S. firm Corsair Capital, the two comp...
Dec 11, 2023
US plans $35 million award to BAE to boost chip supply for F-35
By David Shepardson WASHINGTON (Reuters) - The U.S. Commerce Department said Monday it plans to award $35 million to BAE Systems to quadruple production in New Hampshire for key semiconductor chips us...
Dec 11, 2023
Bernie Madoff is long gone. The lawyers are going strong
By David Thomas (Reuters) - Long before cryptocurrency and Sam Bankman-Fried, the biggest name in corporate fraud was Bernie Madoff. Fifteen years after the FBI arrested Madoff on Dec. 11, 2008 for ru...
Dec 11, 2023
Pakistan cenbank to hold rates steady as inflation seen easing- Reuters poll
By Ariba Shahid KARACHI (Reuters) - Pakistan's central bank is expected to hold its key rate steady at a fourth straight policy meeting on Tuesday, with inflation forecast to start easing in coming mo...
Dec 11, 2023
Peoria, IL, USA
48 °F Patchy rain nearby
