Category Archives:
Citigroup profit holds steady as investment banking fees jump
By Manya Saini and Tatiana Bautzer NEW YORK (Reuters) - Citigroup's profit was broadly steady in the third quarter, fueled by rising interest payments and surging investment banking fees. The bank's n...
Oct 13, 2023
Stablecoin Tether appoints chief technology officer Ardoino as CEO
By Elizabeth Howcroft LONDON (Reuters) - Crypto firm Tether's Chief Technology Officer Paolo Ardoino will also become its CEO from December 2023, the company said on Friday, in a surprise management s...
Oct 13, 2023
Czech lawmakers back government’s $6.5 billion deficit-cutting plan
PRAGUE (Reuters) - Czech lower house lawmakers approved on Friday the centre-right government's 151 billion crown ($6.47 billion) package of spending cuts and tax hikes aimed at cutting the budget def...
Oct 13, 2023
No ‘big opening’ for rate cuts in central Europe, IMF says
By Gergely Szakacs BUDAPEST (Reuters) - Central Europe's central banks should maintain a tight monetary stance for a "considerable time" to ensure inflation is kept in check, and be ready to raise int...
Oct 13, 2023
Kaiser Permanente, workers union reach tentative agreement
(Reuters) - Kaiser Permanente's healthcare workers union has reached a tentative deal with the company, the union said in a social media post on Friday, moving toward settling a dispute over staffing ...
Oct 13, 2023
Yellen, China’s top central banker talk about debt, economic developments -US Treasury
MARRAKECH, Morocco (Reuters) - U.S. Treasury Secretary Janet Yellen and People's Bank of China Governor Pan Gongsheng on Friday held a "substantive and productive" meeting that covered debt, financial...
Oct 13, 2023
India’s state-run banks to lower bond purchases as liquidity tightens, treasury officials say
By Dharamraj Dhutia MUMBAI (Reuters) - India's state-owned banks will slow government bond purchases in the weeks ahead as banking system liquidity tightens, treasury officials from nine state lenders...
Oct 13, 2023
Russian central bank to consider wide range of options for key rate -Ifax
MOSCOW (Reuters) - Russia's central bank on Friday said it would consider a wide range of options regarding its benchmark interest rate at its Oct. 27 meeting, a slight softening of the hawkish signal...
Oct 13, 2023
Dollar General shares pop on Vasos’ return as CEO
(Reuters) - Shares of Dollar General jumped 8% premarket on Friday, as investors and analysts drew confidence from the return of former CEO Todd Vasos to the top job to help steer the retailer away fr...
Oct 13, 2023
JPMorgan profit rises on interest income boost
(Reuters) - JPMorgan Chase's profit rose in the third quarter as higher interest rates boosted its income from loans, the bank reported on Friday. Profit was $13.15 billion, or $4.33 per share, for th...
Oct 13, 2023
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