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UBS expects agreement on Credit Suisse loss guarantee by June 7 – SEC filing
ZURICH (Reuters) -UBS expects to finalize its agreement with the Swiss government to cover up to 9 billion Swiss francs ($9.92 billion) in losses from its emergency takeover of Credit Suisse by June 7...
Syndicated Content Jun 06, 2023
Exclusive-China’s state banks told to lower cap on dollar deposit rates – sources
SHANGHAI/BEIJING (Reuters) - A Chinese self-regulatory body overseen by the central bank has asked major state-owned banks to lower the dollar deposit interest rates, four people with direct knowledge...
Syndicated Content Jun 06, 2023
Google’s AI to power virtual travel agent from Priceline
By Jeffrey Dastin (Reuters) - Want a New York hotel near a Christmas market, a vegan restaurant, or another attraction? Look no further than artificial intelligence from Google at Priceline as early a...
Syndicated Content Jun 06, 2023
Futures slip as mixed data clouds Fed policy outlook
(Reuters) - Wall Street futures slipped on Tuesday as investors assessed chances of the Federal Reserve holding interest rate at its meeting next week, with mixed data adding to uncertainty around the...
Syndicated Content Jun 06, 2023
U.S. public sees no clear winner in debt ceiling deal -Reuters/Ipsos poll
By Jason Lange WASHINGTON (Reuters) - Neither President Joe Biden's Democrats nor Republicans in Congress emerged as a clear winner in the battle to raise the $31.4 trillion debt ceiling, according to...
Syndicated Content Jun 06, 2023
Cathay Pacific to pay deferred dividend to HK govt as operations return to normal
(Reuters) - Cathay Pacific Airways Ltd said on Tuesday it would pay the deferred dividend of HK$1,524.1 million ($194.35 million) on the preference shares held by the Hong Kong SAR (HKSAR) government ...
Syndicated Content Jun 06, 2023
Marketmind: Markets level, Aussie hikes, crypto judders
A look at the day ahead in U.S. and global markets from Mike Dolan As world stock markets levelled off on Tuesday, Australia dampened hopes that central banks were set to pause the interest rate rise ...
Syndicated Content Jun 06, 2023
Merck CEO says decoupling from China would be at huge economic cost
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) - The CEO of German technology group Merck KGaA said that unravelling trade ties with China would come at great economic costs and that she was ...
Syndicated Content Jun 06, 2023
Subway struggles to get big new franchisees to buy its US sandwich shops
By Hilary Russ NEW YORK (Reuters) - Subway is seeking big new franchisees in the United States in a push to revamp its ownership model, but low restaurant profits and outdated stores are making it a t...
Syndicated Content Jun 06, 2023
Trump backer-turned-critic Chris Christie to make White House run official
By Joseph Ax (Reuters) - Former New Jersey Governor Chris Christie is expected to formally announce his 2024 presidential campaign on Tuesday in New Hampshire, joining a growing Republican field led b...
Syndicated Content Jun 06, 2023
Peoria, IL, USA
50 °F Partly cloudy
