(Reuters) -Twitter on Thursday suspended the accounts of several prominent journalists who recently wrote about its new owner Elon Musk, with the billionaire tweeting that rules banning the publishing[...]
Read more
December 16, 2022
Wall Street ends lower for third straight day as recession worries rise
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks dropped for a third straight session and suffered a second straight week of losses on Friday as fears continued to mount that the Federal Re[...]
Read more
First Quantum mulling all legal options after Panama halts flagship mine
By Valentine Hilaire MEXICO CITY (Reuters) -Canada-based miner First Quantum Minerals said on Friday it is going through “all available legal means” after the Panamanian government ordered[...]
Read more
Credit Suisse, BNP faulted by U.S. bank regulators for resolution plans
By Hannah Lang WASHINGTON (Reuters) -The U.S. Federal Reserve and the Federal Deposit Insurance Corp identified problems in the so-called living wills of Credit Suisse Group AG and BNP Paribas SA deta[...]
Read more
Fed may push rates higher, keep them there longer, policymakers say
By Michael S. Derby and Ann Saphir NEW YORK/SAN FRANCISCO (Reuters) -Federal Reserve policymakers may need to lift U.S. borrowing costs above the peak 5.1% they penciled in just this week, and keep th[...]
Read more
U.S. court decision paves way for depositor case against Lebanese bank
BEIRUT (Reuters) -A U.S. court of appeals determined this week that cases against Lebanese commercial banks can be tried outside Lebanon, according to a decision seen by Reuters, paving the way for mo[...]
Read more
World shares extend rout, oil prices drop on recession worries
By Chris Prentice, Dhara Ranasinghe and Naomi Rovnick NEW YORK/LONDON (Reuters) -A rout in global equities extended on Friday and government bond markets came under fresh selling pressure as hawkish t[...]
Read more
U.S. dollar gains as risk tolerance drops with hawkish central banks
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose on Friday in choppy trading, extending sharp gains in the previous session as risk appetite soured and investors grappled with th[...]
Read more
TSX extends weekly decline as higher interest rates weigh
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index fell to a five-week low on Friday, pressured by lower oil prices and concern about the economic outlook following interest rat[...]
Read more