BRASILIA (Reuters) – Brazil’s incoming government will be fiscally responsible, Vice President-elect Geraldo Alckmin said Thursday, promising a budget surplus and reduction in public debt[...]
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November 17, 2022
U.S. regulator warns of pump-and-dump IPOs, many from China
By Echo Wang NEW YORK (Reuters) – The U.S. Financial Industry Regulatory Authority (FINRA) warned on Thursday it was seeing a number of small initial public offerings (IPOs), including many from[...]
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U.S. mandates new comparison internet service labels
By David Shepardson WASHINGTON (Reuters) – U.S. broadband providers must display information similar to nutrition labels on food products to help consumers shop for broadband internet services,[...]
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Visa promotes McInerney to CEO as Kelly moves to board
By Manya Saini (Reuters) -Visa Inc on Thursday named its president, Ryan McInerney, as its new chief executive officer to steer the company through a challenging period for the payments industry as co[...]
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Dollar gains, stocks slip as Fed officials talk tough on rates
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – The dollar rose and equity markets slid on Thursday after hawkish remarks from Federal Reserve officials reminded investors a less aggr[...]
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U.S. senators push to ban government deals with Chinese chipmakers -Politico
(Reuters) – U.S. Senate Majority Leader Chuck Schumer and Republican Senator John Cornyn are lobbying hard for a ban on government business with Chinese chipmakers, Politico reported on Thursday[...]
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Banks fund Tenneco buyout after failed sale attempt
By Matt Tracy WASHINGTON (Reuters) – A group of banks led by Bank of America and Citigroup have funded Apollo Global Management’s acquisition of auto parts supplier Tenneco without being a[...]
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Explainer-What’s next in FTX’s bankruptcy
By Dietrich Knauth (Reuters) – Crypto exchange FTX filed for Chapter 11 bankruptcy protection in the United States on Friday following its precipitous collapse, saying it could owe money to more[...]
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Gap beats quarterly estimates on steady demand for formal clothing
By Granth Vanaik and Ananya Mariam Rajesh (Reuters) -Gap Inc beat Wall Street estimates for quarterly sales and profit on Thursday, helped by steady demand from affluent consumers for its formal cloth[...]
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