Category Archives:
Central banks face key decisions on digital currency, says BIS
LONDON (Reuters) - Central banks will have to make "fundamental" decisions on cross-border access for a digital version of their currency to serve as a means of payment effectively, a committee at the...
Jul 11, 2022
Wall Street banks’ Q2 trading revenue likely to surge, softening blow from deal slump
By Saeed Azhar NEW YORK (Reuters) - A surge in trading revenue powered by volatile markets should partially offset a slump in M&A and equity and debt deals when Wall Street banks report second-quarter...
Jul 11, 2022
Biden’s dilemma: What about a photo with Saudi Crown Prince MbS?
By Jarrett Renshaw (Reuters) - Joe Biden's trip to Saudi Arabia this week is a diplomatic challenge that comes with a thorny logistics question: Should the U.S. president be photographed meeting, or e...
Jul 11, 2022
Big U.S. banks’ second quarter profits to tumble on higher bad loan reserves
By David Henry NEW YORK (Reuters) - Second quarter profits at big U.S. banks are expected to fall sharply from a year earlier on increased loan loss reserves, as the pandemic recovery gives way to a p...
Jul 11, 2022
Factbox-How big U.S. banks have managed bad loan reserves since the pandemic
(Reuters) - The big six U.S. banks face a tough second quarter earnings season due to a hit from increased loan loss reserves, as the pandemic recovery gives way to a possible recession. Though consum...
Jul 11, 2022
EU regulators accept Deutsche Telekom’s Czech mobile unit, 02 Czech concessions
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators on Monday accepted concessions from Deutsche Telekom's Czech mobile unit, 02 Czech and Czech telecoms infrastructure provider Cetin to ensu...
Jul 11, 2022
Peoria home goes up in flames Sunday night
PEORIA, Ill. — Peoria fire crews were called to the area of S. Sumner Avenue and W. Ann Street around 11:15 p.m. Sunday on reports of a house fire. Fire Battalion Chief Clint Kuhlman said fire w...
Jul 11, 2022
Toyota extends suspension of Motomachi plant as certain models recalled
(Reuters) - Japanese automaker Toyota Motor Corp said on Monday it is extending the suspension of line 1 at its Motomachi plant, as it continue to investigate the cause of the recall for a certain mod...
Jul 11, 2022
Euro zone long-term inflation expectations below 2%, yields drop
By Stefano Rebaudo (Reuters) - Euro zone bond yields fell on Monday while long-term inflation expectations dropped below 2% as recession fears deepened after warnings about a possible cut in Russian g...
Jul 11, 2022
Biden will host White House event to celebrate gun safety law
WASHINGTON (Reuters) - President Joe Biden will host an event at the White House on Monday to tout the first major federal gun safety bill in three decades, which he signed into law in June. The bipar...
Jul 11, 2022
Peoria, IL, USA
45 °F Overcast
