Category Archives:
Extreme bear sentiment over as investors buy stocks and bonds – BofA
LONDON (Reuters) - Investors ploughed cash into stocks and bonds and sold cash and gold in the week to Wednesday, BofA Global Research said on Friday, hailing the end of "extreme bear sentiment", Equi...
Dec 16, 2022
Recession, or recession-ish? Fed outlook for U.S. walks a fine line
By Howard Schneider WASHINGTON (Reuters) - Like many economists, Vanguard's Joe Davis thinks the United States will experience a recession in 2023, and like many of his colleagues he does not think it...
Dec 16, 2022
Auditing firm Mazars pauses work for Binance, other crypto clients – Coindesk
(Reuters) - Mazars, the auditing firm working with major cryptocurrency exchange Binance, has paused all work for clients in the crypto industry, news outlet Coindesk reported on Friday, citing an ema...
Dec 16, 2022
FTX bankruptcy judge to hear media companies’ request to reveal customer names
By Dietrich Knauth (Reuters) - A group of media companies is set to argue on Friday to the U.S. judge overseeing the FTX bankruptcy that they should be allowed to request that the collapsed crypto exc...
Dec 16, 2022
French financial prosecutor confirms GE’s Belfort site searched
PARIS (Reuters) - Searches were conducted on Thursday at U.S conglomerate General Electric's Belfort site in France as part of an ongoing probe into possible tax fraud, France's financial prosecutor s...
Dec 16, 2022
Marketmind: Hanging tough
A look at the day ahead in U.S. and global markets from Mike Dolan. As the world's major central banks turned the interest rate screw this week and insisted on more tightening ahead, their economies s...
Dec 16, 2022
Portugal’s central bank cuts 2023 growth forecast to 1.5%
LISBON (Reuters) - The Bank of Portugal on Friday lowered its 2023 economic growth forecast to 1.5% from 2.6% predicted in June, expecting a sharp slowdown after this year's 6.8% expansion as inflatio...
Dec 16, 2022
McDonald’s retains contact with Russian restaurants -new owner
By Alexander Marrow and Hilary Russ MOSCOW/NEW YORK (Reuters) - McDonald's Corp regularly engages with its successor brand in Russia following its exit from the market earlier this year, communication...
Dec 16, 2022
Foie gras or ‘faux gras’? Paris chef offers festive vegan alternative
PARIS (Reuters) - Vegan and animal-friendly alternatives to foie gras are taking off in France just as a severe bird flu outbreak has ravaged duck flocks and cut short supplies of the traditional Chri...
Dec 16, 2022
U.S. opens safety probe into autonomous driving system in GM’s Cruise vehicles
WASHINGTON (Reuters) - U.S. auto safety regulators said Friday they have opened a formal safety probe into the autonomous driving system in vehicles produced by General Motors' robotaxi unit Cruise LL...
Dec 16, 2022
Peoria, IL, USA
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