Category Archives:
REUTERS NEXT: LSEG CEO says recent volatility has exposed weak spots in markets
(Reuters) - London Stock Exchange Group PLC Chief Executive David Schwimmer said on Thursday that large spikes in volume associated with algorithmic trading have exacerbated recent market volatility, ...
Dec 01, 2022
Walmart worker’s suit over shooting faces legal obstacles, experts say
(Changes to 'she' from 'they' in first paragraph) By Daniel Wiessner and Brendan Pierson (Reuters) -An employee at the Walmart in Chesapeake, Virginia, where a supervisor shot six co-workers dead last...
Dec 01, 2022
Canadian dollar lags G10 peers as greenback slides
TORONTO (Reuters) - The Canadian dollar fell against its broadly weaker U.S. counterpart on Thursday, as investors scaled back Bank of Canada interest rate hike bets and domestic data showed factory a...
Dec 01, 2022
Fed’s Bowman: interest rates need to be sufficiently restrictive “for some time”
(Reuters) -The Federal Reserve should slow the pace of its rate increases in order to assess the impact of its hiking cycle but inflation remains far too high and the central bank's policy will need t...
Dec 01, 2022
Mexico’s factories grow again amid sales improvement, job creation
MEXICO CITY (Reuters) - Mexico's manufacturing sector expanded for a third straight month in November, picking up its pace of growth slightly, as tentative signs pointed to a recovery in demand condit...
Dec 01, 2022
Biden administration makes case for quick Senate vote to avoid rail shutdown
By David Shepardson WASHINGTON (Reuters) - The Biden administration on Thursday urged the U.S. Senate to quickly pass a bill to block a potentially crippling railroad strike, warning that the impact c...
Dec 01, 2022
U.S. lawmakers say some fintechs failed to prevent ‘obvious’ pandemic fraud
By Hannah Lang (Reuters) - Several fintech companies that facilitated high volumes of pandemic-related loans to businesses in 2020 had inadequate processes to detect fraud, according to a new report f...
Dec 01, 2022
BMW invests in low carbon copper firm Jetti
By Eric Onstad LONDON (Reuters) - German carmaker BMW has invested in Jetti Resources, which has technology to extract more copper from low-grade resources and produce metal with a low carbon footprin...
Dec 01, 2022
REUTERS NEXT: U.S. Treasury’s Adeyemo says $60 oil price cap will limit Russia’s revenues
NEW YORK (Reuters) - A tentative European Union deal for a $60-a-barrel price cap on Russian oil is in the range of potential price levels that the U.S. Treasury has discussed and would limit Russian ...
Dec 01, 2022
Exclusive-HSBC cutting at least 200 senior operations managers worldwide -sources
By Sumeet Chatterjee, Stefania Spezzati and Lawrence White HONG KONG/LONDON (Reuters) - HSBC is cutting as many as 15% of its 2,000 senior operations managers worldwide, as it attempts to streamline i...
Dec 01, 2022
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