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U.S. Commerce expands blacklist in wider Russia sanctions
WASHINGTON (Reuters) - The Biden administration added 71 entities to a trade blacklist for supporting Russia on Friday, as the Group of Seven wealthy nations announced new sanctions on Moscow over its...
May 19, 2023
Fed’s Bowman backs ‘targeted’ bank rules reform but not ‘radical’ change
Federal Reserve Governor Michelle Bowman on Friday repeated her call for the U.S. central bank to hire an outside party to analyze the collapse of Silicon Valley Bank, and against using that failure a...
May 19, 2023
Morgan Stanley CEO Gorman expects succession to occur within the next 12 months
NEW YORK (Reuters) - Morgan Stanley CEO James Gorman told shareholders Friday that the company will likely appoint its next CEO in the next 12 months. (Reporting by Tatiana Bautzer; Editing by Toby Ch...
May 19, 2023
Fed’s Williams says natural rate of interest still low despite pandemic
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of New York President John Williams said Friday the U.S. and other major economies are still in a fundamentally low-interest-rate world de...
May 19, 2023
Canada March retail sales down 1.4% on autos, seen up 0.2% in April
May 19 (Reuters) - Canadian retail sales fell by 1.4% in March from February at C$65.29 billion ($48.83 billion), on lower sales at motor vehicles and parts dealers, as well as gasoline stations, Stat...
May 19, 2023
Catalent cuts annual forecast hurt by operational challenges
(Reuters) -Catalent Inc cut its full-year net revenue and profit forecast on Friday, reflecting operational challenges and higher-than-expected costs after it flagged an over $400 million hit to both ...
May 19, 2023
Global equity funds post outflows for fifth week in a row
(Reuters) - Global equity funds suffered outflows for a fifth straight week in the week to May 17, undermined by uncertainties over U.S. debt ceiling and concerns about global economy, with soft econo...
May 19, 2023
CureVac files expanded patent lawsuit against Pfizer/BioNTech over mRNA technology
(Reuters) - CureVac NV said on Friday it had filed an expanded patent infringement claim against Pfizer Inc and BioNTech over the use of mRNA technology and that a U.S. court had granted its request t...
May 19, 2023
Thermo Fisher’s test to detect pregnancy-related complication gets FDA nod
(Reuters) -The U.S. Food and Drug Administration (FDA) has cleared Thermo Fisher Scientific Inc's test, the first of its kind in the country, to detect women with risk of severe preeclampsia, the comp...
May 19, 2023
777 Partners’ aviation asset arm plans to invest up to $200 million in suppliers
By Abhijith Ganapavaram (Reuters) - AIP Capital, the aviation asset management arm of 777 Partners, plans to invest up to $200 million in small and medium aerospace suppliers by the end of next year, ...
May 19, 2023
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