Category Archives:
Investor raises fresh question over credit insurance for Credit Suisse
LONDON (Reuters) - An investor has raised a fresh question with the EMEA Credit Derivatives Determination Committee on whether a credit event occurred with regards to Credit Suisse, renewing a push to...
May 18, 2023
Chile’s economy up for 2nd straight quarter as recovery tries to gain steam
SANTIAGO (Reuters) - Chile's economy grew 0.8% in the first quarter of 2023 from the previous three-month period, data from the country's central bank showed on Thursday, extending its still timid rec...
May 18, 2023
Analysis-GM’s 2025 EV output could be crimped by battery bottleneck
By Paul Lienert (Reuters) - General Motors has said it will have the capacity to build 1 million electric vehicles in North America by 2025, but a slow ramp-up of its three U.S. battery plants could l...
May 18, 2023
Fed’s Jefferson: Inflation “too high,” but impact of high rates not full felt yet
By Howard Schneider WASHINGTON (Reuters) - Federal Reserve Governor and vice chair nominee Philip Jefferson said progress on inflation may be slowing but said it was also too early in the policy tight...
May 18, 2023
Fed’s Logan: data does not yet show June pause is appropriate
(Reuters) - Dallas Federal Reserve Bank President Lorie Logan on Thursday said she's concerned that "much too high" inflation is not cooling fast enough yet to allow the Fed to pause its interest-rate...
May 18, 2023
U.S. court issues temporary restraining order on $27.8 billion Amgen-Horizon deal
(Reuters) - A U.S. district court has issued a temporary restraining order on Amgen Inc's $27.8 billion acquisition of Horizon Therapeutics following a submission for it by the two companies and the U...
May 18, 2023
US weekly jobless claims fall; labor market still tight
By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for jobs benefits fell more than expected last week, with applications in Massachusetts decreasing sharply, suggesting...
May 18, 2023
U.S. West Coast ports regain lost volume as competitive pressure mounts
By Lisa Baertlein CHICAGO (Reuters) - Some U.S. importers who shifted cargo away from West Coast ports to rival gateways over fears that labor contract talks could disrupt shipments have begun bringin...
May 18, 2023
General Electric CFO Dybeck Happe to step down
(Reuters) - General Electric Co said on Thursday Carolina Dybeck Happe would step down as finance chief of the industrial giant, as it prepares to complete the spin-offs of its businesses next year. R...
May 18, 2023
BNY Mellon prices $500 million debt offering via diverse bookrunners
NEW YORK (Reuters) - The Bank of New York Mellon Corporation priced a $500 million debt offering that was underwritten by minority, veteran- and woman-owned investment firms, the bank said in a statem...
May 18, 2023
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