By Hannah Lang (Reuters) -The scope of blame for Silicon Valley Bank’s failure stretches across bank executives, Federal Reserve supervisors and other regulators, the banking system’s top[...]
Read more
March 29, 2023
Disney lays off Marvel Entertainment Chairman Ike Perlmutter
By Dawn Chmielewski and Lisa Richwine (Reuters) -Walt Disney Co has laid off Marvel Entertainment Chairman Isaac “Ike” Perlmutter as part of a cost-cutting campaign, a source confirmed on[...]
Read more
Ryanair says price still key to new Boeing jet deal
By Tim Hepher and Joanna Plucinska BRUSSELS (Reuters) – The head of budget giant Ryanair drew a line under a rare public spat with Boeing on Wednesday by confirming talks over potentially orderi[...]
Read more
Dollar rebounds as banking fears fade; yen falls on quarter-end flows
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against most major peers on Wednesday, reversing some of its recent declines, and gained sharply against the yen, which was volatile as the end[...]
Read more
Cargill to halt grain loadings at its Russian export terminal
By Olga Popova and Karl Plume MOSCOW/CHICAGO (Reuters) -Cargill Inc said on Wednesday it would take a further step back from the Russian market by no longer handling the top wheat supplier’s gra[...]
Read more
Corporate giants say anti-LGBT law would hurt Uganda’s economy
NAIROBI (Reuters) – A coalition of international companies, including Google and Microsoft, on Wednesday denounced anti-LGBTQ legislation passed by Uganda’s parliament last week, warning i[...]
Read more
EU countries approve 2035 phaseout of CO2-emitting cars
By Kate Abnett BRUSSELS (Reuters) – European Union countries gave final approval on Tuesday to a landmark law to end sales of new CO2-emitting cars in 2035, after Germany won an exemption for ca[...]
Read more
Moody’s sees limited risks from banking crisis on US credit profile
(Reuters) -Ratings agency Moody’s said on Wednesday it expects risks to the sovereign credit profile of the United States to be limited from the recent turmoil in the country’s banking sec[...]
Read more
Oil dips on profit taking, markets debate supply tightness
By Arathy Somasekhar HOUSTON (Reuters) -Oil edged lower on Wednesday in choppy trading as investors looked to pocket profits from two straight days of gains, and as markets debated supply tightness. B[...]
Read more