MEXICO CITY (Reuters) -Mexico’s annual inflation slowed in March by more than expected to 6.85%, the lowest rate in nearly 1-1/2 years, although core price pressures remained elevated, data from[...]
Read more
April 5, 2023
Wall St ends lower, Treasury yields slide as data fuels recession jitters
By Stephen Culp NEW YORK (Reuters) – U.S. stocks lost ground on Wednesday and Treasury yields extended their decline as a batch of data fueled worries that restrictive central bank policies coul[...]
Read more
Roller coaster March puts macro hedge funds in red, others post small gains
By Carolina Mandl and Svea Herbst-Bayliss NEW YORK (Reuters) -Big market swings in March sparked by a banking crisis hurt some hedge fund returns with global macro firm Rokos Capital Management report[...]
Read more
Investor pressure builds for Seven & i shake-up, including 7-Eleven spin off
By Svea Herbst-Bayliss and Makiko Yamazaki NEW YORK/TOKYO (Reuters) -Additional shareholders in Seven & i Holdings are pushing the company to spin off its 7-Eleven convenience store chain and want[...]
Read more
Goldman Sachs fined $3 million by FINRA over mismarking short sale orders
NEW YORK (Reuters) – The Financial Industry Regulatory Authority, Wall Street’s self-funded watchdog, fined Goldman Sachs Inc $3 million on Tuesday for mistakenly marking some of its stock[...]
Read more
Switzerland cuts bonus payouts for top Credit Suisse management
BERLIN (Reuters) -Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether those already paid can be recov[...]
Read more
J&J rises as $9 billion talc lawsuit settlement eases overhang on unit spinoff
(Reuters) -Johnson & Johnson’s shares rose nearly 4% in early trading to hit a near two-month high of $164.48 on Wednesday as the company’s $8.9 billion offer to settle talc-related la[...]
Read more
Boeing resumes 767 freighter deliveries after three-month pause
By Valerie Insinna WASHINGTON (Reuters) -Boeing Co said on Wednesday it had restarted deliveries of its widebody 767 after a three-month pause caused by supplier quality issues. The U.S. planemaker wa[...]
Read more
Oil steadies as economic fears counter OPEC+ cuts, US stock draw
By Laura Sanicola (Reuters) – Oil prices settled largely unchanged on Wednesday, despite greater-than-expected draws in U.S. crude and fuel stockpiles, as the market weighed worsening economic p[...]
Read more