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U.S. prosecutors look at short selling in bank shares – source
By Chris Prentice NEW YORK (Reuters) - Federal prosecutors in Washington are looking into short seller activity around the recent volatility in U.S. bank shares sparked by the failure of three regiona...
Syndicated Content May 10, 2023
US airlines thrown a curveball as consumer habits change post-pandemic
By Rajesh Kumar Singh CHICAGO (Reuters) - Shifting travel patterns by consumers in a post-pandemic world are forcing airlines to guess at what is the "new normal" as they seek to adjust by cutting fli...
Syndicated Content May 10, 2023
US credit crunch didn’t start with SVB collapse, and may not end there
By Howard Schneider WASHINGTON (Reuters) - It wasn't the March 10 collapse of Silicon Valley Bank that prompted Carissa Rodeheaver, head of a community bank tucked in the mountains of western Maryland...
Syndicated Content May 10, 2023
US debt ceiling standoff talks look at COVID clawbacks, energy permits
By Richard Cowan and Katharine Jackson WASHINGTON (Reuters) - Talks on raising the U.S. federal government's $31.4 trillion debt ceiling enter a new phase on Wednesday, after Democratic President Joe ...
Syndicated Content May 10, 2023
Exclusive-Chevron aims to boost Venezuela oil output to accelerate debt recovery -sources
By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS (Reuters) - Chevron Corp's renewed oil operations in Venezuela begin a new phase next month that will boost production with the goal of accelerat...
Syndicated Content May 10, 2023
Ohio abortion rights fight highlights Republican electoral vulnerabilities
By Jason Lange, Gabriella Borter and Joseph Ax (Reuters) - Republican vulnerabilities on abortion policy are on display in Ohio, with the party playing defense against a surge in abortion rights activ...
Syndicated Content May 10, 2023
Marketmind: Inflation cloud obscures Fed peak
A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve's willingness to end its interest rate rise campaign here hinges just a few high-frequency data points over the m...
Syndicated Content May 10, 2023
Cisco to manufacture from India in diversification move
NEW DELHI (Reuters) - U.S. tech giant Cisco Systems will set up a manufacturing facility in India as it aims to diversify its global supply chain, Chief Executive Officer Chuck Robbins said on Wednesd...
Syndicated Content May 10, 2023
Austria to join countries banning TikTok from government phones
VIENNA (Reuters) - Austria will join the growing list of countries banning Chinese-owned video-sharing app TikTok from government employees' work phones, Interior Minister Gerhard Karner said on Wedne...
Syndicated Content May 10, 2023
Column-Cromwell’s rule and the global economic outlook: Kemp
By John Kemp LONDON (Reuters) - "Think it possible you may be mistaken", England's leader Oliver Cromwell demanded in a public letter to the Church of Scotland ahead of the battle of Dunbar in 1650. C...
Syndicated Content May 10, 2023
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