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Wall Street hires more bankers despite economic gloom
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) - When Jamie Dimon was asked by an analyst on Friday if his bank would wait to hire employees for lower pay as the economy slows, the chief executiv...
Oct 14, 2022
Exclusive-Schlumberger faces employee backlash in Russia over cooperation on draft
By Liz Hampton (Reuters) - Some of oilfield service firm Schlumberger's more than 9,000 Russian employees have begun receiving military draft notices through work, and the company is not authorizing r...
Oct 14, 2022
SEC’s Gensler says CFTC authority over stablecoins should be bolstered
WASHINGTON (Reuters) - The U.S. Congress should give the Commodity Futures Trading Commission more powers to police cryptocurrency stablecoins to reduce risks to the financial system, Securities and E...
Oct 14, 2022
U.S. to probe Samsung, Qualcomm, TSMC over semiconductors, circuits
WASHINGTON (Reuters) - U.S. regulators will investigate units of Samsung, Qualcomm and Taiwan Semiconductor Manufacturing Co. (TSMC) over certain semiconductor devices and integrated circuits and mobi...
Oct 14, 2022
Euro zone bonds ease as inflation regains centre-stage
By Amanda Cooper LONDON (Reuters) - Euro zone bond yields rose on Friday, as fixed-income investors took profit on an earlier rally in prices, after U.S. data overshadowed a warning of rising recessio...
Oct 14, 2022
TIM fails to fix new network deal deadline as Vivendi stays away
By Elvira Pollina MILAN (Reuters) - Telecom Italia (TIM) was unable to take a decision on a key network deal on Friday as representatives of top investor Vivendi did not attend a special board meeting...
Oct 14, 2022
China to ease share buyback rules amid a sluggish market
BEIJING (Reuters) - China's securities regulator said on Friday it plans to revise rules to make it easier for listed companies to buy back shares in a bid to bolster corporate value and protect inves...
Oct 14, 2022
U.S. business inventories increase slightly below expectations in August
WASHINGTON (Reuters) - U.S. business inventories increased a bit less than expected in August, but there are signs that unsold goods are piling up at retailers and wholesalers as stubbornly high infla...
Oct 14, 2022
Exclusive-Argentina cbank, hopeful on inflation, leans towards holding interest rate steady – source
By Jorge Otaola BUENOS AIRES (Reuters) - Argentina's central bank board of directors is split over a potential interest rate hike this month, meaning that the entity will likely leave the benchmark ra...
Oct 14, 2022
AT&T Illinois to pay $23M in Madigan bribery case as new charges are filed
UPDATED 12:17 P.M. CHICAGO, Ill. – New federal charges face former Illinois House Speaker Mike Madigan and one of his top confidants involving yet another big Illinois company. Madigan and Mike ...
Oct 14, 2022
Peoria, IL, USA
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