$138 million fortune hangs in the balance as the Huber Heights jackpot remains unclaimed
HUBER HEIGHTS, OH — A $138 million Powerball jackpot from the July 3, 2024, drawing is still waiting to be claimed, and the winner faces a December 30 deadline to step forward.…
Brazil eyes taxes on shareholder payouts, closed-end funds to balance 2024 budget -sources
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s government is considering changes to the taxation of closed-end funds and shareholder payouts in order to shore up revenue in next year’s…
Soaring vegetable prices may tip India’s delicate inflation balance -economists
MUMBAI (Reuters) – A steeper-than-expected surge in the prices of vegetables, especially tomatoes, over the past few weeks could push India’s retail inflation towards 5.5% in the July-September quarter, at least three…
Fed’s Powell appears to see plenty of room to run on balance sheet drawdown
By Michael S. Derby WASHINGTON (Reuters) – Federal Reserve Chairman Jerome Powell said on Wednesday that financial conditions are likely to allow the central bank to press forward with the drawdown of…
Exclusive-World Bank chief to ‘push’ its balance sheet, vows to protect ‘AAA’ rating
By David Lawder KINGSTON, Jamaica (Reuters) – World Bank President Ajay Banga told Reuters that he will “push” the lender’s balance sheet hard to help fight climate change and other crises, but…
At APEC trade meeting, union leaders call for new ‘balance’ with China
By Joseph White DETROIT (Reuters) – U.S. trade policy with China and other nations must strike a more equitable balance between needs of workers and corporate profits, leaders of two big U.S.…
Brooklyn Kosher liquor store buys license in Toms River for $1.6 million, helping Mayor balance budget
TOMS RIVER, NJ – At Wednesday’s township council meeting, Toms River officials said they did not know the name of the business that purchased the distribution liquor license, one of three licenses…
ECB needs more rate hikes and faster balance sheet cuts, Wunsch says
By Balazs Koranyi WASHINGTON (Reuters) – The European Central Bank should speed up the reduction of its balance sheet and could stop reinvesting cash from debt maturing in its largest bond buying…
NY Fed report sees several more years of balance sheet contraction
By Michael S. Derby (Reuters) – The Federal Reserve is on a path to shrink the size of its massive stock of cash and bonds for several more years, and will likely…
Fed’s new banking backstop could slow balance sheet drawdown
By Michael S. Derby (Reuters) – The two recent U.S. bank collapses and the Federal Reserve’s new lending program that was launched to prevent wider financial system fallout may have a knock-on…
In Egypt, Pentagon chief seeks to balance human rights and security
By Idrees Ali CAIRO (Reuters) – U.S. Defense Secretary Lloyd Austin travelled to Egypt on Wednesday to tell Cairo it wanted to deepen security and other ties but was concerned about human…
Brazil posts lower than expected trade balance in February amid lower exports
BRASILIA (Reuters) -Brazil’s trade surplus for February fell a larger-than-expected 35% from the same month last year as exports, especially of oil, declined, government data released on Wednesday showed. The trade surplus…
Adani Group says balance sheet of companies “very healthy”
BENGALURU (Reuters) – Adani Group said on Monday the balance sheet of each of its portfolio companies was “very healthy” and that it has strong corporate governance and secure assets, amid a…
Fed officials see lots of room to shed bonds from balance sheet
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve officials believe their effort to shrink the U.S. central bank’s bond holdings is far from done, pushing back against some economists’ idea…
Capricorn CEO quits board, NewMed merger in balance after shareholder battle
By Muhammed Husain and Shadia Nasralla (Reuters) -Capricorn Energy’s chairperson, chief executive and three other directors have quit the board after weeks of shareholder pressure, led by activist investor Palliser Capital, to…
ECB raises rates again, outlines balance sheet run off
FRANKFURT (Reuters) – The European Central Bank raised interest rates by half a percentage point on Thursday, its fourth successive hike, and outlined plans to shrink its bloated balance sheet from March,…
DEROY MURDOCK: Herschel Walker’s Fate Is Tied To The Senate’s Balance Of Power. Here’s Why It Matters
DEROY MURDOCK: Herschel Walker’s Fate Is Tied To The Senate’s Balance Of Power. Here’s Why It Matters Deroy Murdock on December 4, 2022 Regarding U.S. Senate seats, “It’s obvious that 51 is…
Muddy Waters doubles down on allegations of dLocal balance sheet discrepancies
(Reuters) -Hedge fund Muddy Waters repeated its stance that Uruguayan payments firm dLocal’s <DLO.O> books showed numerous discrepancies, adding in a note Thursday it was “more convinced than before” that dLocal had…
Fed officials do not see any near change to balance sheet drawdown
By Michael S. Derby NEW YORK (Reuters) – Top Federal Reserve officials are showing no appetite for slowing the pace of the central bank’s balance sheet reduction, pushing back on outside observers’…
Fiscal developments affect Brazil’s central bank decisions through balance of risks, says director
BRASILIA (Reuters) – Brazilian central bank director Diogo Guillen said on Tuesday that markets are more sensitive to fiscal news and that fiscal developments enter into policymakers’ decisions through the balance of…
Analysis-Italy’s Meloni and the technocrats – a difficult power balance
By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Having spent much of her career railing against bureaucrats and financial elites, Italy’s new right-wing Prime Minister Giorgia Meloni now has to get…
FTX had total cash balance of $1.24 billion as of Nov. 20
(Reuters) – Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, had a total cash balance of $1.24 billion as of Nov. 20, according to a court filing on Monday.…
China regulator plans to improve balance sheets of ‘good quality’ developers
By Xie Yu HONG KONG (Reuters) – China needs to implement plans to improve the balance sheets of “good quality” property developers reeling from a cash crunch in the sector, the head…
Mexico president would like to see central bank balance inflation, growth
MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador on Friday said he would like to see the Bank of Mexico balance fighting inflation while taking care of economic growth. His comments…
European stock investors on alert for heightened balance sheet stress
By Danilo Masoni MILAN (Reuters) – Stock pickers have a message for company finance bosses and it’s getting louder: bolster your balance sheets before the downturn strikes. After more than a decade…
Analysis-Arabs view revived Netanyahu with concern but as balance against Iran
By Suleiman Al-Khalidi AMMAN (Reuters) – Benjamin Netanyahu’s likely return to power will fuel concern about deepening tensions with Arab neighbours, but Gulf states which forged ties with Israel under his leadership…
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