Category Archives:
Wall St bank analysts grapple with capital impact of new derivatives rule
By David Henry NEW YORK (Reuters) - Wall Street analysts are scratching their heads over the extent to which an arcane new derivatives rule will affect the performance of big banks as they wrap up the...
Dec 16, 2021
U.S. adds more Chinese firms to restricted entity list -Commerce
WASHINGTON (Reuters) -The U.S. Commerce Department placed export restrictions on several Chinese companies on Thursday for several national security reasons including what Washington says is their rol...
Dec 16, 2021
Verizon signs up Google Cloud to automate factories
STOCKHOLM (Reuters) - Verizon Communications on Thursday signed a deal with Alphabet Inc's Google Cloud to use its 5G network and the tech firm's computing power to offer services such as autonomous r...
Dec 16, 2021
U.S. housing starts; building permits increase in November
WASHINGTON (Reuters) - U.S. homebuilding surged to an eight-month high in November amid an acute shortage of properties on the market, though higher prices for raw materials and labor shortages remain...
Dec 16, 2021
E-commerce tech startup Rokt valued at $1.95 billion in latest funding
(Reuters) - E-commerce technology startup Rokt said on Thursday it has raised $325 million in fresh capital in a late stage funding round led by Tiger Global that more than doubled the company's valua...
Dec 16, 2021
‘Black Swan’ hedge fund sees lower returns from risk capital
By Aaron Saldanha and Divya Chowdhury (Reuters) - "Black Swan" hedge fund Universa Investments expects lower returns from risk capital including equity markets over the next few years due to frothy va...
Dec 16, 2021
TEXT-Lagarde’s statement after ECB policy meeting
(Reuters) - Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: Link to statement on ECB website: https://www.ecb.europa...
Dec 16, 2021
Pandemic have-a-go investors force shake-up in UK wealth market
By Iain Withers and Carolyn Cohn LONDON (Reuters) - The explosion in DIY investing since the start of the pandemic has led to a scramble among Britain's more traditional asset managers and banks to bu...
Dec 16, 2021
Adidas launches new share buyback
BERLIN (Reuters) - Adidas plans to buy back up to 4 billion euros ($4.54 billion) of its shares by 2025 and will also return the majority of the cash proceeds from the sale of Reebok, it said on Thurs...
Dec 16, 2021
Lagarde comments at ECB press conference
FRANKFURT, Dec 16 (Reuters) - The European Central Bank cut support for the euro zone economy by another notch on Thursday but promised copious support for 2022, confirming its relaxed view on inflati...
Dec 16, 2021
Peoria, IL, USA
59 °F Thunderstorm In Vicinity, Rain, Mist
