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firms,

US regulators ask lenders to work with stressed commercial real estate firms

June 29, 2023June 29, 2023
Us regulators ask lenders to work with stressed commercial real estate firms - photo licensed by shore news network.

(Reuters) – U.S. banking regulators are asking lenders to work with credit-worthy borrowers that are facing stress in the commercial real estate market. Financial institutions …

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Fed says 57 firms set to use ‘FedNow’ instant payments after late July launch

June 29, 2023
Fed says 57 firms set to use 'fednow' instant payments after late july launch - photo licensed by shore news network.

WASHINGTON (Reuters) – The U.S. Federal Reserve announced on Thursday that 57 firms have been certified to utilize its “FedNow” instant payments system after it …

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Energy crisis and inflation push more German firms into insolvency – study

June 29, 2023
Energy crisis and inflation push more german firms into insolvency - study - photo licensed by shore news network.

(Reuters) – The number of German firms pushed into insolvency rose in the first half of this year at the fastest pace in more than …

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PwC Australia asset sale unlikely to solve firm’s tarnished reputation

June 27, 2023
Pwc australia asset sale unlikely to solve firm's tarnished reputation - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – PwC Australia’s sale of its government consulting business may give it temporary respite from a crisis in its tax …

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Analysis-Auto firms race to secure non-Chinese graphite for EVs as shortages loom

June 21, 2023June 21, 2023
Analysis-auto firms race to secure non-chinese graphite for evs as shortages loom - photo licensed by shore news network.

By Eric Onstad LONDON (Reuters) – Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside dominant producer China, as demand …

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Slowing Chinese economy of more concern to EU firms than geopolitics – survey

June 20, 2023June 20, 2023
Slowing chinese economy of more concern to eu firms than geopolitics - survey - photo licensed by shore news network.

By Joe Cash BEIJING (Reuters) – A slowdown in both the Chinese and global economies is the biggest issue affecting European firms in China, beating …

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Chinese Defense Firms Seek To Flood Arms Market While US Is ‘Preoccupied’ With Ukraine: REPORT

June 20, 2023

Chinese Defense Firms Seek To Flood Arms Market While US Is ‘Preoccupied’ With Ukraine: REPORT Micaela Burrow on June 19, 2023 Beijing sees an opportunity …

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China encourages private firms to participate in key supply chain projects

June 15, 2023June 15, 2023
China encourages private firms to participate in key supply chain projects - photo licensed by shore news network.

BEIJING (Reuters) – China will speed up the process to allow private firms to access infrastructure of major national scientific research projects and will encourage …

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Fewer UK firms expect to raise prices in month ahead – ONS

June 15, 2023June 15, 2023
Fewer uk firms expect to raise prices in month ahead - ons - photo licensed by shore news network.

LONDON (Reuters) – The smallest proportion of businesses since at least March last year expect to raise prices next month, a survey of businesses showed …

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China pushes platform firms to protect consumer, vendor rights

June 15, 2023June 14, 2023
China pushes platform firms to protect consumer, vendor rights - photo licensed by shore news network.

BEIJING (Reuters) – China’s market regulator on Thursday announced a five-month campaign that will ensure platform companies optimise their protocols, to protect the rights of …

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China says firmly opposes U.S. import ban on Chinese firms over Uyghurs

June 12, 2023
China says firmly opposes u. S. Import ban on chinese firms over uyghurs - photo licensed by shore news network.

BEIJING (Reuters) – China firmly opposes U.S. inclusion of two more companies, and some of their units, on a list of entities accused of alleged …

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Factbox-Global firms in Uganda face LGBTQ conundrum

May 29, 2023

(Reuters) – Uganda’s tough new anti-LGBTQ law, which stipulates the death penalty for “serial offenders”, presents a conundrum for multi-nationals wanting to grow in Africa …

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Weakest European firms face highest amount of maturing debt since 2015 – DB

May 23, 2023
Weakest european firms face highest amount of maturing debt since 2015 - db - photo licensed by shore news network.

By Chiara Elisei LONDON (Reuters) – The share of lower-rated European junk debt coming due within the next three years is at its highest since …

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Cybersecurity firms’ earnings set to benefit from growing threat of hacks

May 22, 2023
Cybersecurity firms' earnings set to benefit from growing threat of hacks - photo licensed by shore news network.

By Samrhitha A and Vansh Agarwal (Reuters) – Top U.S. cybersecurity companies are expected to report another quarter of strong growth as high-profile hacks and …

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Lawmakers, Tech Firms Called For Regulation Of Artificial Intelligence. Here’s Why It’s Not So Easy

May 20, 2023

Lawmakers, Tech Firms Called For Regulation Of Artificial Intelligence. Here’s Why It’s Not So Easy Jason Cohen on May 20, 2023 As lawmakers from both …

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Rebounding margins silver lining for US retail firms in uncertain economy

May 18, 2023
Rebounding margins silver lining for us retail firms in uncertain economy - photo licensed by shore news network.

By Aishwarya Venugopal (Reuters) – Lower input costs and inventories, as well as extended price hikes are pushing a quicker-than-expected recovery in margins at U.S. …

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Fewer UK firms expect to raise prices over the next month, ONS says

May 18, 2023
Fewer uk firms expect to raise prices over the next month, ons says - photo licensed by shore news network.

LONDON (Reuters) – The proportion of British businesses expecting to raise prices has fallen in a latest sign that price pressures have peaked after inflation …

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California’s cannabis firms band together to address credit woes

May 16, 2023
California's cannabis firms band together to address credit woes - photo licensed by shore news network.

(Reuters) – A coalition of cannabis firms, representing about 45% sales volume in California, on Tuesday started an effort to address credit issues that have …

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NY Fed May survey finds rising number of firms expect credit tougher to get

May 16, 2023
Ny fed may survey finds rising number of firms expect credit tougher to get - photo licensed by shore news network.

By Michael S. Derby NEW YORK (Reuters) – Leaders of factory and service sector firms in the New York Fed’s district said access to credit …

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Analysis-Consultancy firms in China tested limits before Beijing’s crackdown

May 15, 2023
Analysis-consultancy firms in china tested limits before beijing's crackdown - photo licensed by shore news network.

By Engen Tham and James Pomfret SHANGHAI/HONG KONG (Reuters) – China’s clampdown on its consultancy and due diligence sector has driven companies to review their …

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U.S. regulators grant approvals for TIAA’s bank deal with buyout firms

May 12, 2023

By Pete Schroeder and David French (Reuters) -Two U.S. regulators have approved the sale of a majority stake in TIAA’s banking arm to a consortium …

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Big U.S. firms adopt cautious tone on China recovery

May 10, 2023
Big u. S. Firms adopt cautious tone on china recovery - photo licensed by shore news network.

(Reuters) – Several U.S. companies, including PepsiCo, Qualcomm and Cummins, struck a cautious note on their growth prospects in China, blaming what they said was …

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European shares rise as energy firms, HSBC boost; end second straight week lower

May 5, 2023
European shares rise as energy firms, hsbc boost; end second straight week lower - photo licensed by shore news network.

By Shreyashi Sanyal (Reuters) -European shares ended Friday on solid ground aided by a boost in shares of HSBC and from energy firms that tracked …

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Oklahoma Blacklists Over A Dozen Major Financial Firms For Boycotting Oil And Gas

May 3, 2023

Oklahoma Blacklists Over A Dozen Major Financial Firms For Boycotting Oil And Gas John Hugh DeMastri on May 3, 2023 The state of Oklahoma will …

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Factbox-Tech firms, Wall Street lead job cuts in Corporate America

May 2, 2023
Factbox-tech firms, wall street lead job cuts in corporate america - photo licensed by shore news network.

(Reuters) – U.S. companies from Amazon.com Inc and Walt Disney Co to Wall Street heavyweights Goldman Sachs Group and Morgan Stanley are slashing thousands of …

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Solar, EV firms say Republicans’ debt limit a ‘stunt’ that could cost jobs

April 27, 2023
Solar, ev firms say republicans' debt limit a 'stunt' that could cost jobs - photo licensed by shore news network.

By Andy Sullivan and Valerie Volcovici WASHINGTON (Reuters) – Solar and EV companies are warning that a Republican plan to slash federal spending in exchange …

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Hungary’s price caps, windfall taxes dent morale among German firms -survey

April 26, 2023

BUDAPEST (Reuters) – Price caps to curb surging inflation and windfall taxes imposed by Hungary’s government have hurt sentiment among German firms in the country, …

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New York Fed limits types of firms that can access its reverse repo facility

April 25, 2023
New york fed limits types of firms that can access its reverse repo facility - photo licensed by shore news network.

By Michael S. Derby (Reuters) – The Federal Reserve Bank of New York on Tuesday added new limitations to the terms governing who can access …

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Chipmaking tool firms expect boom in China sales despite export rules

April 20, 2023
Chipmaking tool firms expect boom in china sales despite export rules - photo licensed by shore news network.

By Stephen Nellis (Reuters) – Two companies that make tools for manufacturing chips said that they expect sales to China to boom later this year …

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Investors warn big consumer firms over price hikes as competitors gain

April 20, 2023
Investors warn big consumer firms over price hikes as competitors gain - photo licensed by shore news network.

By Richa Naidu and Jessica DiNapoli LONDON/NEW YORK (Reuters) – Consumer goods companies like P&G, Unilever and Nestle should start easing price increases as supply …

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Dollar bonds of India’s Adani Group firms inch higher

April 19, 2023
Dollar bonds of india's adani group firms inch higher - photo licensed by shore news network.

MUMBAI (Reuters) – The U.S. dollar-denominated bonds issued by entities of India’s Adani Group were trading marginally higher on Thursday, after a group company said …

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Japanese firms want stability rather than change from new BOJ governor -Reuters poll

April 19, 2023
Japanese firms want stability rather than change from new boj governor -reuters poll - photo licensed by shore news network.

By Tim Kelly TOKYO (Reuters) – Most Japanese firms want Bank of Japan Governor Kazuo Ueda to focus on financial market stability at his first …

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EU Imposes Carbon Tax Despite Opposition From US, Chinese Firms

April 18, 2023
Eu imposes carbon tax despite opposition from us, chinese firms - photo licensed by shore news network.

EU Imposes Carbon Tax Despite Opposition From US, Chinese Firms John Hugh DeMastri on April 18, 2023 The European Parliament finalized legislation Tuesday that will …

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Hong Kong woos mainland China crypto firms in push to bolster finance hub status

April 13, 2023
Hong kong woos mainland china crypto firms in push to bolster finance hub status - photo licensed by shore news network.

By Josh Ye HONG KONG (Reuters) – After years of bankers quitting Hong Kong amid a China security crackdown and tight COVID curbs, the city …

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Italian bank loans to firms fall as demand weakens: central bank

April 7, 2023

(Reuters) – Bank loans to companies in Italy declined sharply between November and February as demand weakened and interest rates rose, the Bank of Italy …

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US payrolls rise moderates in March, participation rate firms

April 7, 2023
Us payrolls rise moderates in march, participation rate firms - photo licensed by shore news network.

NEW YORK (Reuters) – The U.S. economy continued to churn out jobs at a brisk pace in March, pushing the unemployment rate down to 3.5%, …

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UK service firms report second month of growth as prospects improve -PMI

April 5, 2023
Uk service firms report second month of growth as prospects improve -pmi - photo licensed by shore news network.

LONDON (Reuters) – Britain’s economy looks set to have grown in early 2023 after firms in the dominant service sector in March reported the strongest …

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UK firms turn more hopeful, pricing plans cool – Lloyds survey

March 30, 2023March 30, 2023
Uk firms turn more hopeful, pricing plans cool - lloyds survey - photo licensed by shore news network.

LONDON (Reuters) – British businesses were their most confident this month since May 2022 and pricing expectations, which are being watched by the Bank of …

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Analysis-Rate rises pile pain on SME firms in U.S. and Europe

March 30, 2023
Analysis-rate rises pile pain on sme firms in u. S. And europe - photo licensed by shore news network.

By Chiara Elisei LONDON (Reuters) – U.S. and European small and medium-sized (SME) firms may be next to feel the pain of rapid interest rate …

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Russia forces foreign firms to pay into budget as they leave

March 28, 2023
Russia forces foreign firms to pay into budget as they leave - photo licensed by shore news network.

MOSCOW (Reuters) – Foreign investors from “unfriendly” countries selling assets in Russia will be obliged to donate at least 10% of the sale price to …

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China issues preferential tax policy for small firms, household businesses

March 27, 2023
China issues preferential tax policy for small firms, household businesses - photo licensed by shore news network.

BEIJING (Reuters) – China’s finance ministry on Monday issued preferential tax policy for some small firms and household businesses, as part of steps to support …

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Japan firms see global inflation risk as major headwind for fiscal 2023 – Reuters poll

March 23, 2023
Japan firms see global inflation risk as major headwind for fiscal 2023 - reuters poll - photo licensed by shore news network.

By Rocky Swift TOKYO (Reuters) – Japanese firms see inflation and the chance of worldwide recession as the primary risks they face in fiscal 2023, …

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Factbox-Warren Buffett’s investments in financial firms

March 23, 2023
Factbox-warren buffett's investments in financial firms - photo licensed by shore news network.

NEW YORK (Reuters) – Berkshire Hathaway’s Warren Buffett has been in discussions with senior Biden administration officials about the banking crisis, leading some to speculate …

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Beijing may allow foreign financial firms to list in China – ex-finance minister

March 18, 2023
Beijing may allow foreign financial firms to list in china - ex-finance minister - photo licensed by shore news network.

SHANGHAI (Reuters) – China will encourage foreign capital to participate in its financial markets and may allow foreign-funded financial institutions to go public in the …

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Plaintiffs firms vie for lead roles in Ohio derailment lawsuits

March 16, 2023
Plaintiffs firms vie for lead roles in ohio derailment lawsuits - photo licensed by shore news network.

By Clark Mindock (Reuters) – Rival groups of plaintiffs lawyers are vying for lead roles in nearly two dozen lawsuits against railway company Norfolk Southern …

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US attorneys general condemn credit-card firms for backtracking on gun sale code

March 16, 2023
Us attorneys general condemn credit-card firms for backtracking on gun sale code - photo licensed by shore news network.

(Reuters) – A coalition of 14 attorneys general condemned payment networks majors including Visa Inc, American Express Co and Mastercard Inc for pausing work on …

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Biden’s ‘Climate Bank’ Bailout Bolsters Green Firms Poised To Rake In Federal Subsidies

March 13, 2023
Biden’s ‘climate bank’ bailout bolsters green firms poised to rake in federal subsidies - photo licensed by shore news network.

Biden’s ‘Climate Bank’ Bailout Bolsters Green Firms Poised To Rake In Federal Subsidies John Hugh DeMastri on March 13, 2023 The Biden administration’s Sunday decision …

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Solar firms Sunnova and Sunrun shed light on exposure to Silicon Valley Bank

March 10, 2023
Solar firms sunnova and sunrun shed light on exposure to silicon valley bank - photo licensed by shore news network.

(Reuters) – Residential solar companies Sunrun Inc and Sunnova Energy on Friday disclosed their exposure to SVB Financial Group, which has been closed down by …

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Peru mining firms’ logistics at risk from extended protests, Fitch says

March 9, 2023
Peru mining firms' logistics at risk from extended protests, fitch says - photo licensed by shore news network.

(Reuters) – Mining companies operating in Peru face “material risk” amid extended protests and blockades in the world’s No. 2 copper-producing nation, Fitch Ratings said …

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S.Korea regulator fines two firms for naked shorts under stricter law

March 8, 2023
S. Korea regulator fines two firms for naked shorts under stricter law - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s financial regulator fined two firms for naked short selling in the local stock market, for the first time under the …

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