By Hannah Lang (Reuters) -The U.S. Federal Reserve on Friday rejected crypto-focused Custodia Bank’s application to become a member of the Federal Reserve System, saying the bank’s propose[...]
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January 27, 2023
Goldman Sachs CEO touts bank performance as some investors balk
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -To listen to Goldman Sachs Group Inc Chief Executive David Solomon, the bank is doing “great,” while skeptical investors wonder what co[...]
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Goldman Sachs among investors interested in financing Italy’s Serie A – sources
MILAN (Reuters) – Goldman Sachs is one of various fund and bank investors that have expressed interest in financing the growth of the media business of Italy’s top-flight soccer league, tw[...]
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Dutch PM Rutte: may not disclose result of U.S. chip export control talks
AMSTERDAM (Reuters) – The Netherlands’ Prime Minister Mark Rutte said on Friday that it is not clear whether his government will disclose the result of ongoing talks with the U.S. over new[...]
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Canada records C$3.55 billion budget deficit over first eight months of 2022/23
OTTAWA, Jan 27 (Reuters) – Canada recorded a C$3.55 billion ($2.67 billion) budget deficit for the first eight months of the 2022/23 fiscal year, partly due to higher debt charges, the finance m[...]
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Brazil’s central govt posts 54.1 billion reais surplus in 2022, first in 9 years
BRASILIA (Reuters) – Brazil’s central government reported its first primary budget surplus in nine years, driven by record revenues, but which does not pave the way for continued fiscal im[...]
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Chevron annual profit hits record but Q4 miss hits shares
By Sabrina Valle HOUSTON (Reuters) – Chevron Corp on Friday posted a record $36.5 billion profit for 2022 that was more than double year-earlier earnings, but the bottom line fell shy of Wall St[...]
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Italy, Lufthansa sign letter of intent over ITA minority stake sale
ROME (Reuters) -Italy’s Treasury on Friday said it had signed a letter of intent with Lufthansa over the sale of a minority stake in state-owned airline ITA Airways, paving the way for negotiati[...]
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Tissue maker Essity sees bigger energy hit after earnings beat
(This Jan. 26 story has been corrected to show Essity’s energy costs were helped by subsidies, not that it received 500 million Swedish crowns in energy-related subsidies, in the fifth paragraph[...]
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