ZURICH (Reuters) – Credit Suisse Chairman Axel Lehmann said in a TV interview with Bloomberg on Friday the embattled bank’s outflows have basically stopped and that it is seeing partial in[...]
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December 2, 2022
Powell wisely passes up financial conditions ‘open goal’: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) -What many people saw as an open goal for the Federal Reserve chair on Wednesday, it seems Jerome Powell saw as a potential own goal. Nearly everyone expected[...]
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Analysts upgrade China’s 2023 earnings projections on reopening hopes
By Patturaja Murugaboopathy and Chi Xue (Reuters) – Analysts have upgraded forecasts for Chinese corporate earnings in 2023, on expectations that its economy will benefit from stimulus measures[...]
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Twitter suspends Kanye’s account again on violating rules
(Adds details on account suspension, background) (Reuters) -Twitter Inc on Friday suspended Kanye West’s account again, just two months after the rapper’s account was reinstated, as his tw[...]
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Analysis-Ghana overhaul a test for $1 billion World Bank-backed debt
By Jorgelina do Rosario LONDON (Reuters) – Ghana’s debt restructuring plans are set to test a $400 million World Bank guarantee which was designed to provide extra security if the West Afr[...]
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Marketmind: Dollar on the jobs line
A look at the day ahead in European and global markets from Tom Westbrook: Having just closed out its worst month since 2010, the dollar’s bull run may be ending. Federal Reserve Chair Jerome Po[...]
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Nissan CEO ‘very confident’ talks with Renault will strengthen partnership
NEW YORK (Reuters) -Nissan Motor Co Chief Executive Makoto Uchida said he was “very confident” the Japanese automaker could strengthen its partnership with Renault but declined to comment[...]
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China central bank says to support growth, sees moderate inflation in 2023
BEIJING (Reuters) – China’s central bank will focus on supporting the slowing economy, People’s Bank of China Governor Yi Gang said on Friday, adding that domestic consumer inflation[...]
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Morgan Stanley making ‘modest’ job cuts; CEO ‘wouldn’t bet against’ Musk
By Lananh Nguyen, Saeed Azhar and Niket Nishant NEW YORK (Reuters) – Morgan Stanley is making modest job cuts worldwide, Chief Executive Officer James Gorman said on Thursday, as sluggish deal m[...]
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