Category Archives:
Yellen says FSOC to tighten rules on risk assessment, non-bank firms
By David Lawder WASHINGTON (Reuters) - The Financial Stability Oversight Council on Friday is voting on a new framework to better identify and respond to stability risks and on revised guidance to mak...
Syndicated Content Apr 21, 2023
BlackRock CEO Larry Fink sells 7% of his stake
(Reuters) - BlackRock Inc Chief Executive Officer Larry Fink sold nearly 7% of his stake in the asset management giant, netting proceeds of about $25 million. The sale was disclosed in a filing with t...
Syndicated Content Apr 21, 2023
Column-Evaporating equity risk premium herds funds to bonds: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - Even though it may surprise some that it's positive at all, the risk premium on equity over bonds has hit historic lows - a key driver of the recent dash...
Syndicated Content Apr 21, 2023
Walmart offloads second e-fashion brand in days with focus on margins
(Reuters) - Walmart Inc is selling plus-size fashion brand Eloquii Inc just over a week after it agreed to offload menswear label Bonobos, underscoring an effort to improve margins by narrowing focus ...
Syndicated Content Apr 21, 2023
French police working with EU on luxury antitrust probe
PARIS (Reuters) -French police are involved in an ongoing investigation relating to a probe by EU antitrust regulators into possible violations by European luxury companies, a police spokesperson said...
Syndicated Content Apr 21, 2023
Volkswagen Canada battery plant targets 90 GWh capacity, its biggest yet
BERLIN (Reuters) - Volkswagen is targeting 90 gigawatt-hours of capacity at its planned battery factory in Ontario, Canada, the carmaker said on Friday, its largest planned battery plant to date. The ...
Syndicated Content Apr 21, 2023
Nasdaq appoints Cohen and Griggs as co-presidents, formalizing new structure
(Reuters) - Nasdaq Inc on Friday said its board appointed Tal Cohen and Nelson Griggs as co-presidents, formalizing the corporate structure the transatlantic exchange operator recently put in place to...
Syndicated Content Apr 21, 2023
Swedish central bank seen hiking by half percentage point to 3.5% next week- Reuters Poll
STOCKHOLM (Reuters) - Sweden's central bank will hike its policy rate by a half a percentage point next week as it grapples with soaring inflation, with a further quarter point to come in June, a poll...
Syndicated Content Apr 21, 2023
South African labour unions reject Eskom pay offer
JOHANNESBURG (Reuters) - Labour unions rejected a 3.75% pay rise offer from South Africa's power utility Eskom as it is below the rate of inflation, union representatives said on Friday. Unions are de...
Syndicated Content Apr 21, 2023
Market divided on Colombia interest rate decision – hold or raise?- Reuters Poll
By Nelson Bocanegra BOGOTA (Reuters) - Analysts are divided on whether Colombia's central bank board will hold the interest rate steady for the first time in 18 months or back one more increase in a t...
Syndicated Content Apr 21, 2023
Peoria, IL, USA
54 °F Overcast
