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Fed’s Barr says Fed exploring how to speed up bank oversight process
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Vice Chair for Supervision Michael Barr on Tuesday said the U.S. central bank is at the beginning of exploring how it can move more swiftly whe...
Syndicated Content Jun 20, 2023
Swedish parliament passes new energy target, easing way for new nuclear power
STOCKHOLM (Reuters) - Sweden's parliament on Tuesday adopted a new energy target, giving the right-wing government the green light to push forward with plans to build new nuclear plants in a country t...
Syndicated Content Jun 20, 2023
Musk to brief Modi on Tesla’s India investment plans in U.S. meeting-source
By Shivangi Acharya (Reuters) - Tesla chief executive Elon Musk will directly brief Indian Prime Minister Narendra Modi on plans to set up a manufacturing base there, a source with direct knowledge sa...
Syndicated Content Jun 20, 2023
Colombia’s Grupo Argos to ‘seriously’ consider finding a strategic partner
BOGOTA (Reuters) - Grupo Argos, Colombia's largest industrial conglomerate, on Tuesday said it will focus "seriously" on finding a strategic partner once it concludes an exchange of shares in the coun...
Syndicated Content Jun 20, 2023
Italy’s Brembo to move to Amsterdam to increase M&A options
MILAN (Reuters) - Italy's Brembo is to move its legal headquarters to the Netherlands and strengthen its loyalty share scheme in a move aimed at increasing M&A opportunities, the premium brake maker s...
Syndicated Content Jun 20, 2023
Supply chain hangover still feeding inflation: SF Fed paper
By Ann Saphir SAN FRANCISCO (Reuters) - Pandemic-related snarls in global supply chains have mostly receded, but their after-effects still account for a big chunk of excess U.S. inflation, an analysis...
Syndicated Content Jun 20, 2023
Private equity-backed Savers Value Village targets $2.7 billion valuation in US IPO
By Chibuike Oguh NEW YORK (Reuters) - Savers Value Village said on Tuesday it aims to raise up to $320 million for an initial public offering that would value the U.S. thrift store operator at about $...
Syndicated Content Jun 20, 2023
Brazil Senate committee delays vote on new fiscal rules until Wednesday
BRASILIA (Reuters) - Brazil's Senate Economic Affairs Committee has granted the opposition a 24-hour delay on a vote on new fiscal rules considered crucial by the government of President Luiz Inacio L...
Syndicated Content Jun 20, 2023
Former New York police sergeant convicted of acting as Chinese agent in ‘Fox Hunt’ trial
NEW YORK (Reuters) -A former New York City police sergeant was convicted on Tuesday by a Brooklyn jury of acting as an illegal Chinese agent by intimidating a U.S.-based fugitive to return to his home...
Syndicated Content Jun 20, 2023
TikTok and Candle Media strike deal to co-create content
(Reuters) - TikTok and Blackstone-backed Candle Media will co-create content and branded entertainment as part of a broad strategic partnership in the United States, the companies said on Tuesday. A k...
Syndicated Content Jun 20, 2023
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