NEW YORK (Reuters) – Goldman Sachs Group Inc has appointed Akila Raman as chief commercial and strategy officer of transaction banking within its newly formed Platform Solutions unit, according[...]
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February 2, 2023
Oil slumps on economic data, stronger U.S. dollar
By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Thursday as U.S. industrial-linked factory orders dipped, while the dollar strengthened, making crude more expensive for non-American b[...]
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Peltz’s Trian seeks to rally Disney shareholders against board director Froman
By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist investor Nelson Peltz’s hedge fund Trian Fund Management wrote to Walt Disney Co shareholders on Thursday to make the case for replacing the m[...]
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OECD offers final guidance for global minimum corporate tax
PARIS (Reuters) – The Organisation for Economic Cooperation and Development detailed on Thursday the final guidance for governments on how to bring the new global minimum corporate tax into thei[...]
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Euro, sterling dip as investors assess rate outlook
By Karen Brettell NEW YORK (Reuters) – The euro dipped against the dollar on Thursday after the European Central Bank raised interest rates by a widely expected 50 basis points, while the Bank o[...]
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Democratic senator urges Apple, Google to kick TikTok out of app stores
WASHINGTON (Reuters) – TikTok, owned by China’s ByteDance, should be removed from app stores run by Apple Inc and Alphabet’s Google because the short video social media app poses a r[...]
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Nasdaq, S&P 500 jump on Meta rise, Fed relief
By Lewis Krauskopf, Shreyashi Sanyal and Johann M Cherian (Reuters) – The Nasdaq and S&P 500 jumped and touched roughly five-month highs on Thursday as a more dovish-than-expected message fr[...]
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Lazard profit drops on M&A slowdown but outlook improves; shares climb
NEW YORK (Reuters) – Investment bank Lazard Ltd reported an 80% decline in fourth-quarter profit on Thursday as dealmaking slumped, but its chief executive predicted improving market sentiment c[...]
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Explainer-The Fed says disinflation is welcome. What is that, exactly?
By Ann Saphir WASHINGTON (Reuters) – Financial markets this week latched on to what U.S. Federal Reserve Chair Jerome Powell called “most welcome” disinflation, betting it signals th[...]
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