By Niket Nishant and Manya Saini (Reuters) – Wells Fargo, Bank of America and Citigroup reduced their workforces by a combined 17,700 last year, the banking giants reported in their …
turbulent
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MIsc. News
Analysis-ECB throws markets crumbs of comfort against a turbulent backdrop
by Reutersby ReutersBy Yoruk Bahceli and Naomi Rovnick (Reuters) – The European Central Bank steered clear on Thursday of signalling any big policy shifts that could have unsettled investors that are already …
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US and World News
China says must advance relations with Russia as world becomes more turbulent
by Reutersby ReutersBEIJING (Reuters) – China must advance its relations with Russia as the world becomes more turbulent, Foreign Minister Qin Gang said on Tuesday. Speaking to reporters at an annual parliamentary …
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Business News
After Aeromar’s grounding, Mexico’s aviation workers see turbulent horizon
by Reutersby ReutersBy Kylie Madry MEXICO CITY (Reuters) – After Mexican regional carrier Aeromar shuttered its operations last week, workers in the country’s aviation sector are bracing for more turbulence as financial, …
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Business News
Trade in European bond markets held up well in turbulent year – officials
by Reutersby ReutersBy Dhara Ranasinghe BRUSSELS (Reuters) – High inflation and aggressive central bank rate hikes have created challenging conditions for government bond markets, but the ease of doing trade has held …
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US and World News
Xi tells Scholz China, Germany should step up cooperation in turbulent times
by Reutersby ReutersBy Andreas Rinke and Eduardo Baptista BEIJING (Reuters) -Chinese President Xi Jinping on Friday touted the need for greater cooperation between China and Germany amid “times of change and turmoil” …
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US and World News
Analysis – Turbulent UK bond market may force BoE’s hand again
by Reutersby ReutersBy Dhara Ranasinghe and Harry Robertson LONDON (Reuters) – Bank of England Governor Andrew Bailey has been unequivocal: the central bank will end emergency support for bonds on Friday. Yet …
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Financial News
Factbox-New U.S. stock listings fail to impress in turbulent 2022
by Reutersby Reuters(Reuters) – Eye care company Bausch + Lomb’s decision to price its initial public offering below range dashed the hopes of a revival in the market for news issues as …
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Business News
Turbulent January could bode poorly for rest of year for U.S. stocks
by Reutersby ReutersBy Lewis Krauskopf NEW YORK – 2022 is off to a turbulent start for U.S. stocks. Even as the market recouped some losses in the last two sessions of the …
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– Russia has massed troops near Ukraine and the West has threatened economic sanctions if it launches an invasion. Moscow denies planning an invasion but has demanded sweeping Western security …