(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 should work “prudently and constructively” …
firms,
-
-
Business News
Fed says 57 firms set to use ‘FedNow’ instant payments after late July launch
by Reutersby ReutersWASHINGTON (Reuters) – The U.S. Federal Reserve announced on Thursday that 57 firms have been certified to utilize its “FedNow” instant payments system after it launches in late July. The …
-
Business News
Energy crisis and inflation push more German firms into insolvency – study
by Reutersby Reuters(Reuters) – The number of German firms pushed into insolvency rose in the first half of this year at the fastest pace in more than two decades due to the …
-
Business News
PwC Australia asset sale unlikely to solve firm’s tarnished reputation
by Reutersby ReutersBy Lewis Jackson SYDNEY (Reuters) – PwC Australia’s sale of its government consulting business may give it temporary respite from a crisis in its tax practice but is unlikely to …
-
Business News
Analysis-Auto firms race to secure non-Chinese graphite for EVs as shortages loom
by Reutersby ReutersBy Eric Onstad LONDON (Reuters) – Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside dominant producer China, as demand for electric vehicle (EV) batteries …
-
Business News
Slowing Chinese economy of more concern to EU firms than geopolitics – survey
by Reutersby ReutersBy Joe Cash BEIJING (Reuters) – A slowdown in both the Chinese and global economies is the biggest issue affecting European firms in China, beating political tensions with the United …
-
Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Chinese Defense Firms Seek To Flood Arms Market While US Is ‘Preoccupied’ With Ukraine: REPORT
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 to flood the market with …
-
Business News
China encourages private firms to participate in key supply chain projects
by Reutersby ReutersBEIJING (Reuters) – China will speed up the process to allow private firms to access infrastructure of major national scientific research projects and will encourage private businesses to participate in …
-
LONDON (Reuters) – The smallest proportion of businesses since at least March last year expect to raise prices next month, a survey of businesses showed on Thursday. The Office for …
-
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 consumers and vendors. The State …
-
Business News
China says firmly opposes U.S. import ban on Chinese firms over Uyghurs
by Reutersby ReutersBEIJING (Reuters) – China firmly opposes U.S. inclusion of two more companies, and some of their units, on a list of entities accused of alleged human rights abuses, the commerce …
-
(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 while promoting diversity and inclusion. …
-
Business News
Weakest European firms face highest amount of maturing debt since 2015 – DB
by Reutersby ReutersBy Chiara Elisei LONDON (Reuters) – The share of lower-rated European junk debt coming due within the next three years is at its highest since at least 2015, Deutsche Bank …
-
Business News
Cybersecurity firms’ earnings set to benefit from growing threat of hacks
by Reutersby ReutersBy 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 a shift in client preference …
-
Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Lawmakers, Tech Firms Called For Regulation Of Artificial Intelligence. Here’s Why It’s Not So Easy
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 sides of the aisle appear …
-
Business News
Rebounding margins silver lining for US retail firms in uncertain economy
by Reutersby ReutersBy 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. consumer-facing firms including PepsiCo, Kraft …
-
Business News
Fewer UK firms expect to raise prices over the next month, ONS says
by Reutersby ReutersLONDON (Reuters) – The proportion of British businesses expecting to raise prices has fallen in a latest sign that price pressures have peaked after inflation hit a 41-year high last …
-
Business News
California’s cannabis firms band together to address credit woes
by Reutersby Reuters(Reuters) – A coalition of cannabis firms, representing about 45% sales volume in California, on Tuesday started an effort to address credit issues that have plagued the state’s legal cannabis …
-
Business News
NY Fed May survey finds rising number of firms expect credit tougher to get
by Reutersby ReutersBy Michael S. Derby NEW YORK (Reuters) – Leaders of factory and service sector firms in the New York Fed’s district said access to credit has been mostly stable in …
-
Business News
Analysis-Consultancy firms in China tested limits before Beijing’s crackdown
by Reutersby ReutersBy 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 operations after some tested the …
-
Business News
U.S. regulators grant approvals for TIAA’s bank deal with buyout firms
by Reutersby ReutersBy 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 of private equity firms, a …
-
(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 a slower-than-expected recovery after the …
-
Business News
European shares rise as energy firms, HSBC boost; end second straight week lower
by Reutersby ReutersBy Shreyashi Sanyal (Reuters) -European shares ended Friday on solid ground aided by a boost in shares of HSBC and from energy firms that tracked a rebound in oil prices, …
-
Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Oklahoma Blacklists Over A Dozen Major Financial Firms For Boycotting Oil And Gas
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 no longer work with 13 …
-
Business News
Factbox-Tech firms, Wall Street lead job cuts in Corporate America
by Reutersby Reuters(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 jobs as they look to …