Category Archives:
Australia’s NAB warns of end to windfall from rising rates
By Byron Kaye and Himanshi Akhand (Reuters) - National Australia Bank Ltd, the country's No. 2 lender, fell short of analyst forecasts in half-year profit released on Thursday and took a hit to its sh...
May 03, 2023
LATAM Airlines reverses loss, posts $122 million net profit in Q1
(Reuters) - LATAM Airlines reported a first-quarter net profit of $121.8 million, the company said on Wednesday, reversing a net loss of $380 million in the year-ago period. The airline, created by th...
May 03, 2023
Western Alliance says no unusual deposit outflows after First Republic sale
(Reuters) - Western Alliance Bancorp said on Wednesday it had not experienced unusual deposit outflows following the sale of collapsed lender First Republic Bank to JPMorgan Chase & Co, as the U.S. re...
May 03, 2023
North Carolina House passes 12-week abortion ban
(Reuters) - North Carolina's Republican-dominated House on Wednesday passed and sent to the state Senate a controversial bill limiting most abortions to the first 12 weeks of pregnancy, a sharp drop f...
May 03, 2023
Stock markets nervous about Fed pivot and banking sector
SINGAPORE (Reuters) - Global stock markets sagged while the Japanese yen rose on Thursday in reaction to the Fed's policy statement and signs of stress at another U.S. regional bank, spurring investor...
May 03, 2023
IMF sees uncertainty over Japan’s monetary policy, spillover globally
By Leika Kihara (Reuters) - The International Monetary Fund on Thursday warned of "uncertainty" around the direction of Japan's monetary policy, saying a possible shift from ultra-low interest rates c...
May 03, 2023
China’s factory activity skids in April on weak demand – Caixin PMI
BEIJING (Reuters) - China's factory activity unexpectedly dipped in April, a private sector survey showed on Thursday, due to softer domestic demand and suggesting the manufacturing sector is losing m...
May 03, 2023
Dollar falls after Fed signals pause; banking woes dent confidence
By Rae Wee SINGAPORE (Reuters) - The dollar slipped against most major currencies on Thursday after the U.S. Federal Reserve opened the door to a pause in its aggressive tightening cycle, though marke...
May 03, 2023
Oklahoma Gov. Stitt sees growing foreign interest in investments in state
By Andrea Shalal WASHINGTON (Reuters) - Oklahoma is seeing a sharp increase in foreign investment interest, especially in its renewable energy sector, and is on the cusp of signing large new deals wit...
May 03, 2023
Apollo Global nears deal to buy Arconic – WSJ
(Reuters) - Private-equity firm Apollo Global Management is nearing a deal to buy industrial-parts manufacturer Arconic, the Wall Street Journal reported on Wednesday, citing people familiar with the ...
May 03, 2023
Peoria, IL, USA
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