Category Archives:
CLS to decide whether to delay FX settlement cutoff in Q1
By Laura Matthews NEW YORK (Reuters) - CLS, the largest multi-currency settlement system for FX trades globally, will decide in the first quarter of 2024 if it can delay settlement instructions for cu...
Dec 04, 2023
Analysis-As Bayer confronts mounting Roundup losses, all eyes on Philadelphia trial
By Brendan Pierson (Reuters) - With Bayer facing investor pressure to resolve thousands of lawsuits over its Roundup weedkiller after being hit with $2 billion in verdicts in recent weeks, all eyes ar...
Dec 04, 2023
Fed, with rates at a peak, now looks at a hold and an eventual pivot lower
By Howard Schneider WASHINGTON (Reuters) - U.S. Federal Reserve officials appear on track to end the year with interest rate hikes as a thing of the past but with a coming challenge over when and how ...
Dec 04, 2023
Marketmind: Buoyant markets hold near year’s highs
A look at the day ahead in U.S. and global markets from Mike Dolan After closing at their highest level of the year on Friday, U.S. stocks mostly hogged those gains into the new week - with 'peak rate...
Dec 04, 2023
US Supreme Court set to review Purdue Pharma bankruptcy settlement
By John Kruzel and Andrew Chung WASHINGTON (Reuters) - The U.S. Supreme Court on Monday is set to hear a challenge by President Joe Biden's administration to the legality of OxyContin maker Purdue Pha...
Dec 04, 2023
U.S. bank CEOs expected to protest regulation push before Congress
By Pete Schroeder WASHINGTON (Reuters) - The top bosses of JPMorgan, Bank of America, Citigroup, Wells Fargo and other major banks are expected to warn lawmakers this week that capital hikes and other...
Dec 04, 2023
US DFC considers $500 million loan to Vietnamese EV maker VinFast
HANOI (Reuters) - The United States International Development Finance Corporation (DFC) has signed a letter of interest with electric vehicles maker VinFast to consider the Vietnamese company's applic...
Dec 04, 2023
Futures dip as focus shifts to economic data for policy cues
(Reuters) - U.S. stock index futures slipped on Monday, as investors turned wary ahead of a slew of economic data this week that is likely to test the narrative about a cut in interest rates by the Fe...
Dec 04, 2023
Saudi wealth fund to buy 49% of luxury hotel chain Rocco Forte
By Yadarisa Shabong and Elisa Anzolin (Reuters) -Saudi Arabia's PIF sovereign wealth fund will buy a 49% stake in luxury hotel group Rocco Forte Hotels and help to support its expansion, the owner of ...
Dec 04, 2023
Arab Energy Fund (APICORP) plans up to $1 billion for decarbonisation technologies
DUBAI (Reuters) - The Arab Energy Fund, formerly known as APICORP, plans to invest up to $1 billion over the next five years in decarbonisation technologies, the Middle East and North Africa-focused m...
Dec 04, 2023
Peoria, IL, USA
50 °F Light Rain
