By Chibuike Oguh (Reuters) -Carlyle Group Inc on Monday appointed former Goldman Sachs Inc executive Harvey Schwartz as its chief executive officer, taking on the tasks of driving the private equity f[...]
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February 6, 2023
Google unveils ChatGPT rival Bard, AI search plans in battle with Microsoft
By Jeffrey Dastin (Reuters) -Google owner Alphabet Inc on Monday said it will launch a chatbot service and more artificial intelligence for its search engine as well as developers, an answer to Micros[...]
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U.S. considering 200% tariff on Russian aluminum, official says
By Steve Holland (Reuters) -The United States is considering raising the import tariff on Russian-made aluminum to 200%, as it seeks to ramp up pressure on Moscow over its war in Ukraine, but a decisi[...]
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Fed loan officer survey finds tighter loan standards, reduced demand
By Michael S. Derby (Reuters) – Lending officers at major banks told the Federal Reserve that in the final three months of last year they tightened standards and saw reduced demand across a wide[...]
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Marketmind: Rates start to bite
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks on Tuesday come off the back of their worst day since June hoping for recovery, but vulne[...]
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Stocks slide, dollar firm as further monetary tightening seen
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global equity markets fell and the dollar firmed on Monday after data showing a resilient U.S. jobs market suggested interest rates will st[...]
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Citadel gains in January leading early 2023 hedge fund industry returns
By Svea Herbst-Bayliss NEW YORK (Reuters) -Ken Griffin’s Citadel extended its winning streak with gains in January, weeks after ending 2022 with a $16 billion gain, the biggest profit ever earne[...]
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Nearly 60 hair relaxer lawsuits against L’Oreal, others consolidated in Illinois federal court
By Diana Novak Jones (Reuters) – Nearly 60 lawsuits claiming hair relaxer products sold by L’Oreal USA Inc and other companies cause cancer and other health problems will be consolidated i[...]
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Oil rises 1% in choppy trade on China demand hopes
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged higher in choppy trading on Monday as markets weighed a return in demand from China against supply concerns and fears of slower growth in major[...]
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