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U.S regional bank shares rise on interest income, deposits stabilizing
(Reuters) - Three major U.S. regional banks met or beat profit expectations on Wednesday as higher interest rates allowed them to charge more for loans, while deposits stabilized, sending shares acros...
Syndicated Content Jul 19, 2023
Copper miners squeezed by lower prices, higher labor costs
By Arshreet Singh (Reuters) - Major North American copper miners are likely to report a fall in second-quarter profits, as global growth concerns dented realized prices for the red metal and labor cos...
Syndicated Content Jul 19, 2023
Fed fines Deutsche Bank $186 million for insufficient progress addressing anti-money laundering controls
WASHINGTON (Reuters) - The U.S. Federal Reserve announced Wednesday that it had fined Deutsche Bank and its U.S. affiliates $186 million for making insufficient progress addressing prior shortcomings ...
Syndicated Content Jul 19, 2023
Italian hospitals see jump in patients as heatwave bites
ROME (Reuters) - Italian hospitals in the regions worst hit by soaring temperatures are seeing a jump in heat-related emergencies, medics said on Wednesday. Temperatures remained exceptionally high ac...
Syndicated Content Jul 19, 2023
US, China to work ‘intensively’ on climate in weeks ahead – Kerry
BEIJING (Reuters) - U.S. climate envoy John Kerry said more work was needed to iron out agreements with China on major issues, after three days of talks in Beijing designed to rebuild trust between th...
Syndicated Content Jul 19, 2023
Sberbank CEO tells Putin of huge returns on its AI investments
MOSCOW (Reuters) - Russia's dominant lender Sberbank is making around $3 billion each year from artificial intelligence, a return on investment of about 200%, CEO German Gref told Russian President Vl...
Syndicated Content Jul 19, 2023
Analysis-French backlash scuppers appointment of US economist for EU Big Tech regulation
By Foo Yun Chee BRUSSELS (Reuters) - A French-led backlash led to a U.S. economist withdrawing from a top European Union antitrust job on Wednesday, a move some economists said risks undermining compe...
Syndicated Content Jul 19, 2023
Democratic senator wants new taxes on private jet travel
By David Shepardson WASHINGTON (Reuters) - Senator Ed Markey on Wednesday said he is proposing additional taxes on private jet trips to address the climate impacts of wealthy travel. Markey, a Democra...
Syndicated Content Jul 19, 2023
Analysis-Cooling UK inflation may signal time for rethink for sterling bulls
By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) - Evidence that Britain's red-hot inflation is finally cooling has knocked the wind out of sterling, which had been riding high as this year's be...
Syndicated Content Jul 19, 2023
Strong US apartment construction suggests slide in rental costs
By Safiyah Riddle (Reuters) - A surge in U.S. rental home construction could soften rent prices in the months ahead, a much-awaited milestone in the Federal Reserve's effort to tame inflation even as ...
Syndicated Content Jul 19, 2023
Peoria, IL, USA
54 °F Sunny
