Category Archives:
Credit Suisse investment bank chair Varvel exits – memo
ZURICH (Reuters) -Eric Varvel, chairman of Credit Suisse's investment bank and head of its U.S. holding company, is leaving the Swiss group where he has worked for three decades, a staff memo seen by ...
Dec 20, 2021
U.S. Customs bans fifth Malaysian glove maker over alleged forced labour
KUALA LUMPUR (Reuters) - The United States Customs and Border Protection (CBP) has banned imports from Malaysian glove manufacturer Brightway Group over suspected forced labour practices, the agency s...
Dec 20, 2021
Lira crashes to new low of 20 vs euro after Erdogan comments
By Ezgi Erkoyun and Nevzat Devranoglu ISTANBUL (Reuters) -Turkey's lira sputtered to new lows on Monday, including blowing through 20 to the euro for the first time, after President Tayyip Erdogan dou...
Dec 20, 2021
U.S. home sales to rise 7.1% in 2021, fall next two years-Fannie Mae
CHICAGO (Reuters) - Home sales across the United States are expected to end 2021 up 7.1%, but are forecast to decline over the next two years as limited supply, along with higher mortgage rates and pr...
Dec 20, 2021
Sherborne Investors takes 16% stake in U.S. firm Navient
(Reuters) - Sherborne Investors, led by activist investor Edward Bramson, said on Monday one of its funds had built a stake of about 16% in U.S.-based Navient Corp, which provides student loan managem...
Dec 20, 2021
Italian luxury group Zegna to debut on Wall Street in $3 billion deal
By Elisa Anzolin MILAN (Reuters) - Italian luxury group Zegna is set to go public in New York on Monday after completing a merger with a U.S. special purpose acquisition company (SPAC) in a deal with ...
Dec 20, 2021
ECB’s Centeno warns of inflation uncertainty, urges caution
LISBON (Reuters) - European Central Bank Governing Council member Mario Centeno warned on Monday there was uncertainty about inflation that required constant monitoring, but added that fresh anti-COVI...
Dec 20, 2021
Taiwan govt OKs Taiwan Semiconductor’s new chip plant in Japan
TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd has received approval to set up a chip plant in Japan, Taiwan's investment commission of the ministry of economic affairs, which approved t...
Dec 20, 2021
World Economic Forum defers Davos meeting amid pandemic
ZURICH (Reuters) - The World Economic Forum (WEF) postponed until mid-2022 its annual meeting that had been due to take place in the Swiss mountain resort of Davos in January, the organisers said on M...
Dec 20, 2021
EU voices concern over Polish media bill, impact on press freedom
BRUSSELS (Reuters) - The European Union said on Monday a Polish law that critics say aims to silence a news channel critical of the government poses severe risks to media freedom and pluralism. Unexpe...
Dec 20, 2021
Peoria, IL, USA
42 °F Sunny
