By Saeed Azhar NEW YORK (Reuters) -HSBC Holdings plc’s U.S. unit has hired dozens of Silicon Valley Bank bankers led by David Sabow, who most recently led the technology and healthcare banking s[...]
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April 11, 2023
China in talks on emerging economy debt workout compromise -WSJ
(Reuters) – China is negotiating a compromise plan with other major creditors that could help break a logjam in debt-relief talks for struggling developing nations, the Wall Street Journal repor[...]
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Fed’s Goolsbee: Prudence, patience needed on rate hikes
By Ann Saphir (Reuters) -The Federal Reserve should be patient about raising interest rates in the face of recent banking stress, Chicago Fed President Austan Goolsbee said on Tuesday, noting that a p[...]
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Moderna fends off Arbutus appeal in COVID-19 vaccine patent fight
By Blake Brittain (Reuters) -A U.S. appeals court handed Moderna Inc a win on Tuesday, affirming a decision to cancel an Arbutus Biopharma Corp patent related to the companies’ legal fight over[...]
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Credit Suisse, SEC letters show months-long reporting errors debate
By Chris Prentice NEW YORK (Reuters) – Credit Suisse and the U.S. Securities and Exchange Commission (SEC) engaged in a months-long debate over the severity of reporting deficiencies that led th[...]
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Oil rises about 2% with U.S. and China inflation in focus
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose about 2% on Tuesday on hopes that the Federal Reserve might ease up on its policy tightening after a key U.S. inflation report this week,[...]
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Dollar dips ahead of inflation data due Wednesday
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whether price pressures are ebbing and what it means for further Fede[...]
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Brazil may buy more Swedish Gripen fighter jets, says minister
RIO DE JANEIRO (Reuters) – Brazil is analyzing the option of expanding an order for Swedish manufacturer Saab’s Gripen fighter jets, though the number of additional aircraft which could be[...]
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NY Fed report sees several more years of balance sheet contraction
By Michael S. Derby (Reuters) – The Federal Reserve is on a path to shrink the size of its massive stock of cash and bonds for several more years, and will likely also face several more years of[...]
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