Category Archives:
US banks out of favor with European hedge funds, Goldman tells clients
By Carolina Mandl NEW YORK (Reuters) - European hedge funds have reduced their exposure to U.S. banks at a fast pace since the beginning of the year, while roughly keeping their positioning in Europea...
Jul 05, 2023
IMF Executive Board meeting on Pakistan scheduled for July 12
KARACHI, Pakistan (Reuters) - The International Monetary Fund (IMF) Executive Board meeting on Pakistan has been scheduled for July 12, the lender confirmed in email on Wednesday. Pakistan secured a b...
Jul 05, 2023
ThyssenKrupp’s Nucera valued at 2.5 billion euros in IPO
(Reuters) - Hydrogen firm ThyssenKrupp Nucera has priced its initial public offering at 20 euros ($21.72) per share, implying a market capitalisation of around 2.5 billion euros, the company said in a...
Jul 05, 2023
“Almost all” Fed officials agreed to skip June hike – minutes
By Howard Schneider WASHINGTON (Reuters) - A united U.S. Federal Reserve agreed to hold interest rates steady at the June meeting as a way to buy time and assess whether further rate hikes would be ne...
Jul 05, 2023
US approves construction for Orsted offshore wind project off New Jersey coast
By Valerie Volcovici WASHINGTON (Reuters) - The Biden administration on Wednesday approved construction of an offshore windfarm that will generate 1,100 megawatts of power from up to 98 turbines off t...
Jul 05, 2023
‘Stoneos’ cannabis cookies look too much like Oreos, says US FTC
WASHINGTON (Reuters) - Six companies that make snacks with the active ingredient of cannabis have been sent cease and desist letters because the packaging looks too much like foods that kids love, inc...
Jul 05, 2023
Explainer-Why U.S. labor unions are gaining leverage in contract talks with big employers
By Aishwarya Nair (Reuters) - U.S. union workers are finding more solid footing during contract negotiations with employers as a tight labor market allows employees to flex more bargaining power. Airl...
Jul 05, 2023
Elie Saab throws focus on capes for haute couture outing in Paris
By Mimosa Spencer PARIS (Reuters) - Elie Saab doubled down on capes for his autumn haute couture lineup presented in Paris on Wednesday, offering them in a variety of forms that added volume to silhou...
Jul 05, 2023
Canada’s financial watchdog releases guidelines to give mortgage holders tailored support
(Reuters) - Canada's financial watchdog on Wednesday released new guidelines for lenders aimed at protecting mortgage holders facing high borrowing costs or who are at the risk of defaulting. The Fina...
Jul 05, 2023
Pentagon to tighten controls on classified information after leak
WASHINGTON (Reuters) - The Pentagon announced on Wednesday plans to tighten controls on top secret information following an alleged leak incident that saw an airman arrested in April and later indicte...
Jul 05, 2023
Peoria, IL, USA
54 °F Sunny
