Short Sellers Up Regional Bank Bets Even as Lender Concerns Ease
Bets against regional banks continue to pile on even as the sector recovers from the turmoil that shook
2023-05-18 02:45
US supply chain woes shift and persist in 2023
By Lisa Baertlein CHICAGO (Reuters) -The U.S. supply chain is healing from early pandemic shocks that sent shipping costs skyrocketing
2023-05-18 02:24
Ukraine's foreign minister and visiting Chinese envoy discuss peace, but next steps unclear
Ukraine’s foreign minister has met with a visiting Chinese mediator to discuss how to end Russia’s war
2023-05-18 01:54
South Africa minister denies extensive ANC corruption at power utility, concedes 'naughty' few
A senior South African government minister denied Wednesday there was extensive corruption within the ruling African Nations Congress party in relation to the country’s financially-crippled power utility
2023-05-18 01:51
Twitter is purging inactive accounts including people who have died, angering those still grieving
Elon Musk announced last week Twitter would be “purging accounts that have had no activity at all for several years.”
2023-05-18 01:48
Target wrestles with pullback in spending and theft that may cost retailer more than $1B this year
Target has reported another quarterly profit decline and issued a cautious sales and profit outlook for the current period
2023-05-18 01:47
Brazil's antitrust watchdog approves L'Oreal deal to buy Aesop
SAO PAULO Brazil's antitrust regulator Cade on Wednesday recommended the approval of the sale of Natura & Co's
2023-05-18 01:46
IMF Approves $3 Billion Bailout for Ghana to Revive Economy
The International Monetary Fund approved Ghana’s request for a $3 billion bailout to support the debt-ridden West African
2023-05-18 01:23
Collateralized Loan Obligations Deliver Worst Returns in Years
The $1.3 trillion market for reselling leveraged loans is facing its lowest profitability in years, potentially making it
2023-05-18 01:21
CDS Panel Says Credit Suisse AT1 Wipeout Won’t Prompt Payout
A panel tasked with overseeing the credit default swaps market said that the write down of Credit Suisse
2023-05-18 00:45
Broadcom offers VMware remedies to address EU concerns -sources
By Foo Yun Chee BRUSSELS (Reuters) -U.S. chipmaker Broadcom has offered interoperability remedies in an effort to address European Union
2023-05-18 00:20
Biden ‘Confident’ on Reaching Debt Deal as GOP Bashes Japan Trip
President Joe Biden expressed confidence that negotiators would reach an agreement to avoid a catastrophic default, even as
2023-05-18 00:19