Category Archives:
Accenture beats quarterly revenue estimates amid higher IT spending
-Accenture Plc surpassed Wall Street estimates for quarterly revenue on Friday, a sign that IT spending is holding strong even as economic headwinds pressure businesses. Companies are prioritizing spe...
Dec 16, 2022
ECB bars policymakers from speculating after backlash, Fed scandals
FRANKFURT (Reuters) - The European Central Bank has banned its top officials from picking stocks and bonds or making short-term trades after a string of scandals at the Federal Reserve and backlash at...
Dec 16, 2022
Energy crisis fuels coal comeback in Germany
By Vera Eckert and Tom Sims FRANKFURT (Reuters) - Coal has made a comeback in Germany this year, as Europe's largest economy turns to the dirty fuel to power it through an energy crisis. More than a t...
Dec 16, 2022
OPEC’s U.S. shale worries subside as it cuts forecast
By Alex Lawler LONDON (Reuters) - OPEC has cut its forecasts for U.S. shale oil supply several times as factors including investor caution curb expansion, making the non-conventional supply less of a ...
Dec 16, 2022
Airbus and Qatar Airways line up for new UK court tussle
By Tim Hepher LONDON (Reuters) - Airbus and Qatar Airways on Friday kicked off the latest in a series of London court hearings on a bitter business and safety row, amid a glimmer of hope that high-lev...
Dec 16, 2022
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
Peoria, IL, USA
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