By Julie Ingwersen CHICAGO (Reuters) – Nearly all corn and soybean acres in the world’s largest exporting countries are seeded with genetically modified varieties, but that is not the case[...]
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March 3, 2023
Blackstone defaults on Nordic mortgage-backed bond
(Reuters) -Blackstone Inc has defaulted on a 531 million euro ($562.5 million) bond backed by a portfolio of offices and stores owned by Finnish company Sponda Oy, as rising interest rates hit Europea[...]
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Fed Collins reiterates more rate rises need to squish inflation
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Boston leader Susan Collins reiterated in comments made public Friday that more central bank rate rises will be needed to lower h[...]
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UK regulator launches probe into LME nickel trading halt
By Iain Withers and Eric Onstad LONDON (Reuters) -A British financial watchdog on Friday launched its first ever investigation of a UK exchange for possible misconduct after the London Metal Exchange[...]
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Volkswagen’s Scout to build $2 billion plant in South Carolina
By David Shepardson and Ludwig Burger WASHINGTON/FRANKFURT (Reuters) – Volkswagen’s off-road brand Scout Motors said on Friday it would build a $2 billion manufacturing plant near Columbia[...]
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UK watchdog may not probe LME cancelled nickel trades, lawyers say
By Pratima Desai and Eric Onstad LONDON (Reuters) – An enforcement action launched on Friday by a British financial watchdog over a nickel crisis at the London Metal Exchange last year may exclu[...]
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US Justice Dept warns of steeper penalties for firms that fall foul of messaging policies
By Chris Prentice MIAMI (Reuters) -Companies may face steeper penalties for misconduct if they lack policies around employees’ use of personal cell phones and messaging apps, a top U.S. Justice[...]
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Japan Q4 GDP likely revised up but weakness persists
TOKYO (Reuters) – Japan’s economy likely grew a tad faster than initially estimated in the fourth quarter, a Reuters poll showed, though the recovery remains fragile as weak capital expend[...]
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China’s central bank says will adjust policy in a timely way as economy recovers
By Kevin Yao BEIJING (Reuters) -China’s central bank will adjust monetary policy in a timely and appropriate manner, and cutting banks’ reserve requirements to release long-term liquidity[...]
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