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Tag:

business

  • MIsc. News

    Russia may seek compensation over Nord Stream blasts – RIA

    by Reuters November 21, 2023
    by Reuters November 21, 2023

    (Reuters) – Russia is waiting for the outcome of an investigation into the sabotage of the Nord Stream gas pipelines before making any request for compensation, the RIA state news …

  • Breaking NewsFeatured NewsMIsc. News

    One dead, three injured in shooting at Ohio Walmart – local media

    by Reuters November 21, 2023
    by Reuters November 21, 2023

    (Reuters) -At least one person was killed and three people were injured on Monday in a shooting at a Walmart store in Beavercreek, Ohio,WHIO television reported, citing its reporters on …

  • Breaking News

    GOP Leader Says Murphy Must End Harmful Corporate Business Tax Surcharge

    by Conservative Times November 20, 2023
    by Conservative Times November 20, 2023

    TRENTON, NJ – Senate Minority Leader Anthony M. Bucco urged Governor Phil Murphy to honor his commitment to let the Corporate Business Tax (CBT) Surcharge lapse by the end of …

  • MIsc. News

    Structural demand for US debt strong despite bond market volatility – Moody’s

    by Reuters November 20, 2023
    by Reuters November 20, 2023

    (Reuters) – The structural demand for U.S. debt which underpins the dollar-based global financial system remains strong against the backdrop of recent Treasury market volatility, Moody’s Investors Service said on …

  • MIsc. News

    ‘Premature’ to start talking about interest rate cuts – ECB’s De Cos

    by Reuters November 20, 2023
    by Reuters November 20, 2023

    MADRID (Reuters) – European Central Bank policymaker Pablo Hernandez de Cos said on Monday it was “premature” to talk about the possibility of interest rate cuts or make any forward-looking …

  • MIsc. News

    Morgan Stanley appoints Jed Finn as head of wealth management – memo

    by Reuters November 20, 2023
    by Reuters November 20, 2023

    (Reuters) – Morgan Stanley has named Jed Finn as the head of its wealth management unit, according to an internal memo seen by Reuters on Monday. Finn, currently the chief …

  • MIsc. News

    Hedge funds ghost tech stocks and sell consumer staples – Goldman Sachs

    by Reuters November 20, 2023
    by Reuters November 20, 2023

    By Nell Mackenzie LONDON (Reuters) – Global hedge funds ditched technology stocks by selling long positions and exiting short bets at the fastest weekly pace in seven months, Goldman Sachs …

  • MIsc. News

    Sam Altman will not return as CEO of OpenAI – The Information

    by Reuters November 20, 2023
    by Reuters November 20, 2023

    (Reuters) – Sam Altman will not return as CEO of OpenAI despite efforts from the company’s executives to bring him back, The Information reported on Sunday. Emmett Shear, co-founder of …

  • MIsc. News

    Goldman Sachs Japan chief to retire at year end – internal memo

    by Reuters November 19, 2023
    by Reuters November 19, 2023

    TOKYO (Reuters) – Goldman Sachs’ Japan president Masanori Mochida has decided to retire at the end of the year after more than 38 years at the investment bank, according to …

  • MIsc. News

    Northrop Grumman pulls out of UK narrowband military satellite tender – FT

    by Reuters November 17, 2023
    by Reuters November 17, 2023

    LONDON (Reuters) – U.S. defence company Northrop Grumman has pulled out of a competition to supply narrowband military satellite communications for Britain’s armed forces, the Financial Times reported on Friday. …

  • MIsc. News

    OPEC+ to consider whether more oil cuts needed – sources

    by Reuters November 17, 2023
    by Reuters November 17, 2023

    By Olesya Astakhova and Alex Lawler MOSCOW/LONDON (Reuters) – OPEC+ is set to consider whether to make additional oil supply cuts when the group meets later this month, three OPEC+ …

  • MIsc. News

    Supply problems set to hit Volkswagen’s Skoda unit – Handelsblatt

    by Reuters November 17, 2023
    by Reuters November 17, 2023

    BERLIN (Reuters) – Volkswagen’s Skoda unit expects some delays in the production of its Enyaq electric models during November and December due to supply bottlenecks, German business daily Handelsblatt reported …

  • MIsc. News

    Exclusive-German court ruling could hit growth next year – econ ministry source

    by Reuters November 17, 2023
    by Reuters November 17, 2023

    BERLIN (Reuters) -A German court ruling that forced Berlin to freeze 60 billion euros ($65 billion) in planned green investment spending could have a negative impact on growth in Europe’s …

  • MIsc. News

    China asks some lenders to cap interbank financing costs – sources

    by Reuters November 17, 2023
    by Reuters November 17, 2023

    SHANGHAI/BEIJING (Reuters) – China’s central bank asked some lenders to cap interest rates on an interbank debt instrument this month, people with knowledge of the matter said on Friday, referring …

  • MIsc. News

    Marathon restarts Galveston Bay, Texas reformer – sources

    by Reuters November 16, 2023
    by Reuters November 16, 2023

    HOUSTON (Reuters) – Marathon Petroleum restarted a rebuilt reformer at its 593,000-barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas, on Thursday, people familiar with plant operations said. Marathon plans …

  • MIsc. News

    France eyes cuts to business subsidies and healthcare spending

    by Reuters November 16, 2023
    by Reuters November 16, 2023

    PARIS (Reuters) – France’s government aims to rein in spending on business subsidies and medical care as part of plans to come up with 12 billion euros in savings from …

  • MIsc. News

    Trump ‘made his own bed,’ cannot add witness for writer’s trial – judge

    by Reuters November 16, 2023
    by Reuters November 16, 2023

    By Jonathan Stempel NEW YORK (Reuters) – A federal judge rejected Donald Trump’s bid to add a new expert witness just two months before a trial addressing how much the …

  • MIsc. News

    US regulators push Wells Fargo to improve financial crime monitoring – WSJ

    by Reuters November 16, 2023
    by Reuters November 16, 2023

    (Reuters) – U.S. regulators are pushing Wells Fargo to improve its monitoring system to detect criminal activity at the bank, the Wall Street Journal reported on Thursday, citing people with …

  • MIsc. News

    US is “confident” Sweden will soon join NATO – US envoy to Hungary

    by Reuters November 16, 2023
    by Reuters November 16, 2023

    BUDAPEST (Reuters) – The United States is “confident” that Sweden will soon be a member of NATO, the U.S. ambassador to Hungary said on Thursday, adding he had been assured …

  • Breaking News

    FBI Digging for Bodies in Mob Case Related to Assault on Toms River Business Owners

    by Charlie Dwyer November 16, 2023
    by Charlie Dwyer November 16, 2023

    TOMS RIVER, NJ – A massive interstate FBI investigation into the Gambino crime family was triggered after a Toms River couple, owner of Foxy’s Bar and Grill, were assaulted outside …

  • MIsc. News

    Homebuilder confidence weakens again but easing rates may brighten the outlook – NAHB

    by Reuters November 16, 2023
    by Reuters November 16, 2023

    By Amina Niasse NEW YORK (Reuters) – U.S. home builder confidence weakened in November despite signs of easing mortgage rates that could bolster the outlook into the end of the …

  • MIsc. News

    Oman recovering, IMF says, though more reforms required

    by Reuters November 16, 2023
    by Reuters November 16, 2023

    DUBAI (Reuters) -Oman’s economic recovery is continuing, the International Monetary Fund (IMF) said on Thursday, adding that while it expects growth to rebound in 2024 after a slowdown this year …

  • MIsc. News

    Systematic hedge funds pummeled in post-U.S. CPI stocks rally – Goldman Sachs

    by Reuters November 16, 2023
    by Reuters November 16, 2023

    By Nell Mackenzie LONDON (Reuters) – Global hedge funds that use algorithms to trade suffered their second worst single day this year on Tuesday, as softer than expected U.S. inflation …

  • MIsc. News

    Cyberattack on ICBC’s US unit to not have material impact on parent bank – Fitch

    by Reuters November 16, 2023
    by Reuters November 16, 2023

    (Reuters) – Ratings agency Fitch on Thursday said the recent cyberattack at ICBC Financial Services will not have a material impact on its Chinese parent, although it highlights growing threats …

  • MIsc. News

    Global watchdog FSB to tackle funds’ liquidity mismatch – Knot

    by Reuters November 16, 2023
    by Reuters November 16, 2023

    FRANKFURT (Reuters) – The Financial Stability Board, a global risk watchdog, plans to issue new liquidity recommendations for some investments funds after bouts of stress in recent years risked spreading …

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