WASHINGTON (Reuters) – The U.S. government on Thursday called on companies to ensure they comply with Russia-related sanctions imposed after Moscow’s invasion of Ukraine, warning that a fa[...]
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March 2, 2023
Investors step into U.S. bank stocks, but with some caution
By Sinéad Carew NEW YORK (Reuters) – U.S. bank stocks have been attempting a comeback so-far this year after a more than 20% fall in 2022, fueled by hopes that the Federal Reserve will succeed i[...]
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Canada’s Toronto-Dominion beats profit estimates on retail banking strength
By Jaiveer Shekhawat (Reuters) -Toronto-Dominion Bank’s quarterly profit beat estimates on Thursday, as robust growth in personal loans in Canada and the United States overshadowed weakness in i[...]
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Universal Music Group CEO calls for new streaming model
By Dawn Chmielewski (Reuters) – Universal Music Group NV, the world’s largest record label, said quarterly revenue from music streaming surpassed 1 billion euros ($1.06 billion) for the fi[...]
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Soccer-AC Milan owner says Serie A should steer clear of outside investment
LONDON (Reuters) – Italy’s Serie A soccer league should avoid the temptation of handing over some of its business to outside investors in exchange for a short-term cash injection, the owne[...]
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IMF approves over $1.7 billion for Jamaica to protect from inflation, climate change
(Reuters) – The International Monetary Fund (IMF) on Thursday approved over $1.7 billion in funds for Jamaica to help it insure against higher inflation, tighter fiscal conditions, possible COVI[...]
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Factbox-Silvergate crisis: Crypto industry majors drop embattled lender
(Reuters) – A slew of cryptocurrency heavyweights including Coinbase Global Inc and Galaxy Digital ditched Silvergate Capital Corp as their banking partner after the lender’s latest filing[...]
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Austria plays down concerns over U.S. scrutiny of RBI over Russia business
By Alexandra Schwarz-Goerlich VIENNA (Reuters) – Austria’s finance ministry on Thursday played down concerns about U.S. sanctions officials scrutinising Raiffeisen Bank International over[...]
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Japanese investors turn net sellers of overseas bonds on U.S. rate worries
By Gaurav Dogra and Kevin Buckland (Reuters) – Japanese investors turned net sellers of foreign bonds last week, after three weeks of buying, as U.S. bonds fell on concerns over further policy t[...]
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