Category Archives:
Marketmind: Powell clears the decks
LONDON (Reuters) - A look at the day ahead in U.S. and global markets from Mike Dolan. Intended or not, investors clearly read Wednesday's keynote speech by the Federal Reserve chair as a green light ...
Syndicated Content Dec 01, 2022
Trump Organization’s criminal tax fraud trial heads to closing arguments
By Luc Cohen NEW YORK (Reuters) - Closing arguments to the jury by prosecution and defense lawyers are set to begin on Thursday in the criminal tax fraud trial of former President Donald Trump's real ...
Syndicated Content Dec 01, 2022
Piper Sandler cuts estimates for Apple’s Dec quarter as China worries mount
(Reuters) - Analysts at Piper Sandler on Thursday cut their revenue and iPhone sales estimates for Apple Inc's December quarter, as Beijing's strict lockdowns crimp production at the world's biggest i...
Syndicated Content Dec 01, 2022
India’s digital rupee fails to excite interest, bankers say
By Nupur Anand and Swati Bhat MUMBAI (Reuters) - A month into India's pilot project for using an official digital rupee for inter-bank and institutional transactions, stakeholders are seeing no benefi...
Syndicated Content Dec 01, 2022
Netflix to let more subscribers preview content -WSJ
(Reuters) - Netflix Inc is planning to let tens of thousands of users around the world to preview content from early next year, expanding beyond its current base of 2,000-plus subscribers, the Wall St...
Syndicated Content Dec 01, 2022
Credit Suisse shares get closer to offer price in $2.4 billion cash call
MILAN (Reuters) - Credit Suisse shares fell to a fresh record low on Thursday approaching the offer price of the 2.24 billion Swiss francs ($2.37 billion) rights issue the loss-making bank needs to he...
Syndicated Content Dec 01, 2022
Canadian lender CIBC’s profit falls on bigger loan-loss provisions
(Reuters) - Canadian Imperial Bank of Commerce on Thursday reported a slump in fourth-quarter profit as the bank set aside larger provisions to cover potential loan defaults. The lender's overall net ...
Syndicated Content Dec 01, 2022
J.P.Morgan cuts 2023 S&P 500 earnings forecast by 9%
(Reuters) - J.P.Morgan on Thursday cut its 2023 earnings forecast for S&P 500 companies, citing weaker demand and pricing power, margin compression, and limited buy-backs. JPM strategists now estimate...
Syndicated Content Dec 01, 2022
Ford to boost EV part investment for UK plant by $180 million
By Nick Carey HALEWOOD, England (Reuters) - Ford Motor Co will invest an extra 149 million pounds ($180 million) to raise electric vehicle (EV) power unit capacity at its engine factory in northern En...
Syndicated Content Dec 01, 2022
TP ICAP obtains crypto exchange license in the UK
(Reuters) - TP ICAP has obtained a license to register as a cryptoasset exchange provider with UK's financial regulator through its Fusions Digital Assets marketplace, the world's largest inter-dealer...
Syndicated Content Dec 01, 2022
Peoria, IL, USA
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