Category Archives:
US rate futures price in Fed pause in June, July; see September cut
NEW YORK (Reuters) - U.S. interest rate futures on Wednesday have priced in a pause in Federal Reserve tightening at the June and July policy meetings, according to the CME's FedWatch tool, after the ...
May 03, 2023
Exxon, Guyana’s environmental agency in breach of oil-spill insurance -court
By Kiana Wilburg GEORGETOWN (Reuters) - An Exxon Mobil unit is in breach of insurance obligations for its first offshore oil project in Guyana in part due to errors by the environmental regulator, a G...
May 03, 2023
Goldman Sachs names Kim Posnett as global TMT head
By Anirban Sen, Jaiveer Shekhawat and Lananh Nguyen (Reuters) - Goldman Sachs Group Inc has named Kim Posnett as the head of its global technology, media and telecommunications (TMT) investment bankin...
May 03, 2023
New York adds 300 MW transmission line from Rainey to Corona
(Reuters) - A new 300-megawatt (MW) Con Edison Rainey-to-Corona transmission line, which can power 240,000 average-sized homes in New York City's Queens borough, has been energized, New York Governor ...
May 03, 2023
UniCredit to use 300 million euro charges for voluntary staff exits-sources
MILAN (Reuters) - UniCredit will use restructuring charges it is set to book this year to fund voluntary exits after receiving some 1,900 requests from staff late last year of which it met less than h...
May 03, 2023
Fed’s Powell: don’t assume Fed can protect U.S. economy from debt limit default
WASHINGTON (Reuters) - The U.S. Federal Reserve is unlikely to be able to shield the U.S. economy from the fallout of a failure to raise the federal debt ceiling, and the U.S. government should never ...
May 03, 2023
Ford hits production issue on F-150 trucks due to missing door handles – source
(Reuters) - Ford Motor Co is facing another production snag building its popular F-150 pickup trucks due to missing door handles, according to a source familiar with the matter. The automaker is worki...
May 03, 2023
Exclusive-EQT sounds out banks to manage LimaCorporate IPO – sources
By Pablo Mayo Cerqueiro and Andres Gonzalez LONDON (Reuters) - Private equity house EQT is weighing options including a possible initial public offering (IPO) for LimaCorporate, the Italian medical de...
May 03, 2023
TikTok to launch ad product that will give premium content creators 50% cut
(Reuters) - TikTok said on Wednesday it is launching a product that well let advertisers place ads alongside content produced by premium publishers, half of the ad revenue from which will be shared wi...
May 03, 2023
US regional bank stocks draw bearish options bets despite bounce
By Laura Matthews and Saqib Iqbal Ahmed NEW YORK (Reuters) - The cost of insuring against further losses in regional U.S. bank stocks stood near a one-month high in options markets on Wednesday, even ...
May 03, 2023
Peoria, IL, USA
42 °F Overcast
