By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Ford Motor Co plans to cut up to 3,200 jobs across Europe and move some product development work to the United States, Germany’s IG Me[...]
Read more
January 23, 2023
Lab-grown meat moves closer to American dinner plates
By Leah Douglas WASHINGTON (Reuters) – Once the stuff of science fiction, lab-grown meat could become reality in some restaurants in the United States as early as this year. Executives at cultiv[...]
Read more
ECB policymakers spar on rate outlook beyond Feb hike
By Balazs Koranyi and Robert Muller FRANKFURT/PRAGUE (Reuters) -European Central Bank policymakers laid out diverging views on future interest rate hikes on Monday, suggesting that moves beyond next w[...]
Read more
Fed needs mortgage-backed securities exit plan ‘earlier than later,’ George says
By Howard Schneider WASHINGTON (Reuters) – Kansas City Federal Reserve President Esther George has urged her colleagues to come to terms “earlier than later” on a plan for the U.S. c[...]
Read more
Bloomberg to pay $5 million to settle SEC charges related to fixed-income valuations
By Chris Prentice NEW YORK (Reuters) – Bloomberg Finance LP has agreed to pay a $5 million fine to settle charges from the U.S. Securities and Exchange Commission (SEC) over “misleading[...]
Read more
Top hedge funds earned sharply less for clients in 2022, LCH data shows
By Svea Herbst-Bayliss (Reuters) -The 20 best performing hedge fund managers earned $22.4 billion for investors in 2022, marking their slimmest gains since 2016 as many firms, including Tiger Global M[...]
Read more
Defense firms set to post higher sales, McCarthy’s election clouds outlook
By Nathan Gomes (Reuters) – Defense companies are expected to post higher fourth-quarter sales, according to analysts, bolstered by easing supply chain bottlenecks and increased defense outlays[...]
Read more
Exclusive-Goldman Sachs to cut asset management investments that weighed on earnings
By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs Group Inc’s asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank’s earnings,[...]
Read more
Emerson to not proceed with board nominations at takeover target NI Corp
(Reuters) -U.S. industrial software firm Emerson Electric Co said on Monday it would not nominate candidates for election to the board of testing and measurement equipment maker NI Corp and kept its b[...]
Read more