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Texas power use to break records in heat wave next week – ERCOT
(Reuters) -Power use in Texas will break records next week as homes and businesses crank up their air conditioners to escape the first heat wave of the 2023 summer season, the state's power grid opera...
Syndicated Content Jun 16, 2023
Customers Bancorp acquires $631 million loan portfolio from FDIC at discount
(Reuters) - Customers Bancorp said on Friday it acquired a $631 million venture banking loan portfolio from the U.S. banking regulator Federal Deposit Insurance Corporation (FDIC) at about 85% of the ...
Syndicated Content Jun 16, 2023
Analysis-Global tax deal at risk as first pillar teeters
By Leigh Thomas PARIS (Reuters) - One of the two pillars of a global corporate tax overhaul due to come into force next year is at risk of collapsing as plans over how to share taxing rights on the 10...
Syndicated Content Jun 16, 2023
Khashoggi’s widow sues Israeli spyware company NSO over phone hacking
By Raphael Satter (Reuters) - The widow of murdered Saudi journalist Jamal Khashoggi says in a lawsuit that surveillance software built by the Israeli surveillance company NSO Group was used to spy on...
Syndicated Content Jun 16, 2023
New Google lawsuit aims to curb fake business reviews
By Blake Brittain (Reuters) - Alphabet's Google on Friday sued a Los Angeles man and his companies in San Jose, California federal court, claiming he created hundreds of fake business listings on its ...
Syndicated Content Jun 16, 2023
No Czech rate hike this year, but outlook for cuts shifts to Q4: Reuters poll
By Jason Hovet PRAGUE (Reuters) - The Czech National Bank is likely to opt against hiking interest rates further but chances of a rate cut are shifting later into 2023, or beyond, as inflation pressur...
Syndicated Content Jun 16, 2023
Odey Asset Management suspends further funds after investor flight- website
LONDON (Reuters) - Odey Asset Management has suspended further funds after increased investor redemptions, letters posted on the fund's website showed. The hedge fund, once run by the founder Crispin ...
Syndicated Content Jun 16, 2023
Fed’s Barkin says “comfortable doing more” if inflation does not fall
By Howard Schneider WASHINGTON (Reuters) - Richmond Federal Reserve president Thomas Barkin said Friday he is comfortable with further interest rate increases if coming data does not show that weakeni...
Syndicated Content Jun 16, 2023
VW masters dry-coating battery process with potential to slash cell costs
BERLIN (Reuters) - Volkswagen and a technology partner have mastered a battery manufacturing process called dry coating which if scaled up could cut the cost of cell production by hundreds of millions...
Syndicated Content Jun 16, 2023
Turkey’s central bank to hike policy rate to 20% in policy U-turn: Reuters poll
By Ali Kucukgocmen and Ezgi Erkoyun ISTANBUL (Reuters) - Turkey's central bank is expected to raise its policy rate by a huge 1,150 basis points next week, from 8.5% to 20%, a Reuters poll showed on F...
Syndicated Content Jun 16, 2023
Peoria, IL, USA
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