Category Archives:
PNC Bank buys $16.6 billion capital commitment portfolio from Signature Bridge Bank
(Reuters) - PNC Financial Services' banking unit said on Tuesday that it had bought a portfolio from Signature Bridge Bank representing $16.6 billion in total commitments, including $9 billion of fund...
Oct 03, 2023
‘Election fear’ stalks Argentina’s markets as volatile vote nears
By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) - Argentina's markets have a new cause for the wobbles - a presidential election whose outcome is anyone's guess and could usher in a radical ...
Oct 03, 2023
McCarthy says he thinks he will survive leadership challenge in US House
By Susan Heavey and Doina Chiacu WASHINGTON (Reuters) - Embattled U.S. House Speaker Kevin McCarthy said on Tuesday he thought he would survive a leadership challenge from one of his fellow Republican...
Oct 03, 2023
Fed’s Bostic: No ‘urgency’ to raise rates again, but cuts a long way off
ATLANTA (Reuters) - With the economy slowing and inflation falling there is no urgency for the Federal Reserve to raise its policy interest rate again, but it will likely be a long time before the Fed...
Oct 03, 2023
Krispy Kreme looks to sell Insomnia Cookies unit
(Reuters) - Krispy Kreme is exploring options for its Insomnia Cookies unit including a sale, the company said on Tuesday, as it renews its focus on its main business of selling doughnuts. The move co...
Oct 03, 2023
Metalworkers at Embraer’s Sao Jose dos Campos plant enter strike
SAO PAULO (Reuters) - Metalworkers at Brazilian planemaker Embraer's Sao Jose dos Campos plant have voted to enter strike as they campaign for higher wages, with the local Sindmetal union saying on Tu...
Oct 03, 2023
Top adviser Lazard says countries need debt mechanism to ‘strike a deal and move on’
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) - Countries going through a sovereign default need a debt rework mechanism that grants timely relief, even if that means finding a solutio...
Oct 03, 2023
United Airlines closes in on large order for Airbus A321 narrowbody jets – Bloomberg News
(Reuters) - United Airlines is near an agreement to purchase a double-digit number of Airbus A321 narrowbody jets, Bloomberg News reported on Tuesday, citing people familiar with the matter. An order ...
Oct 03, 2023
Consumer finance group seeks more privacy in digital euro use
By Huw Jones LONDON (Reuters) - Tougher privacy safeguards are needed for using a digital euro online, consumer lobby Finance Watch said on Tuesday, in the latest sign of mounting "Big Brother" concer...
Oct 03, 2023
Spice maker McCormick lifts profit forecast as higher prices cushion weaker demand
(Reuters) - McCormick on Tuesday raised its annual profit forecast as it expects higher prices for its spices and condiments to make up for slowing demand and a sluggish recovery in China The Cholula ...
Oct 03, 2023
Peoria, IL, USA
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