U.S. hotels set for earnings bump from robust travel even as costs weigh
By Priyamvada C (Reuters) – U.S. hotel operators are expected to post a rise in first-quarter profit even as they […]
Oil drops nearly 4% as recession fears outweigh US inventory draw
(Refiles to fix formatting) By Laila Kearney NEW YORK (Reuters) – Oil prices dropped by almost 4% on Wednesday, extending
Dollar weakens on fresh signs of slowdown, euro rebounds
By Herbert Lash NEW YORK (Reuters) – The dollar retreated on Wednesday on fresh signs of a U.S. slowdown after
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Venture capital firm Greycroft raises nearly $1 billion across two funds
(Reuters) -Venture capital firm Greycroft has raised over $980 million across two funds to invest in early- and growth-stage companies,
Bank of Canada refrained from rate hike to collect more economic evidence
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) – The Bank of Canada (BoC) did not hike interest rates earlier
US Treasury’s financial crimes unit hits state-chartered trust with penalty
(Reuters) – The U.S. Treasury Department’s Financial Crimes Enforcement Network on Wednesday hit a South Dakota-chartered Kingdom Trust Company with
SVB’s former parent may need new funding after $2 billion cash seizure
By Dietrich Knauth (Reuters) – Silicon Valley Bank’s former owner may need to take out a bankruptcy loan amid uncertainty
UK draws record 46.4 billion pounds of demand for new inflation-linked bond
By David Milliken LONDON (Reuters) – Britain received a record 46.4 billion pounds ($57.9 billion) in demand from investors at
World Bank’s Malpass: debt assessments should reflect growing share of domestic debt
By Andrea Shalal WASHINGTON (Reuters) – Debt sustainability analyses carried out by the World Bank and International Monetary Fund should
Hilton signals travel demand recovery may hit inflation wall soon
By Priyamvada C and Doyinsola Oladipo (Reuters) – The pent-up travel demand that helped Hilton Worldwide Holdings Inc boost its