By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of San Francisco President Mary Daly on Monday said it’s too soon to say what the central bank will do next on monetary policy, as i[...]
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May 22, 2023
Microsoft defeats gamers’ bid to block $69 billion Activision deal in US court
By Mike Scarcella (Reuters) – Microsoft Corp evaded a potential early legal obstacle in its $69 billion deal to acquire “Call of Duty” videogame maker Activision Blizzard Inc, when a[...]
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Canadian banks see earnings risk from commercial property loans, TD in focus
By Nivedita Balu TORONTO (Reuters) – Canadian banks are expected to report a rise in bad debt provisions and highlight risks from commercial property loans when they report earnings this week, w[...]
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Factbox-Ford strikes multiple lithium deals to ramp up EV production
(Reuters) – U.S. automaker Ford Motor Co on Monday entered into a series of new deals to source battery-grade lithium, as it plans to scale up electric vehicle production and take advantage of g[...]
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Europe’s business jet industry aims for green rebrand
By Joanna Plucinska GENEVA (Reuters) -Europe’s business jet sector is putting its greenest foot forward at its flagship annual conference this week as it faces a downturn in flights on the back[...]
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Bullard: Rates may still need to rise another half-point this year
WASHINGTON (Reuters) – The Federal Reserve may still need to raise its benchmark interest rate by another half-point this year, St. Louis Fed President James Bullard said, suggesting that any de[...]
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‘Close call’ on US June rate hike or pause, says Fed’s Kashkari-CNBC
(Reuters) -Minneapolis Federal Reserve President Neel Kashkari said on Monday it was a “close call” whether he would vote to raise interest rates or pause the central bank’s tighteni[...]
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Singapore’s DBS expects yearly earnings to beat $7.5 billion in medium term
By Navya Mittal and Yantoultra Ngui (Reuters) – Singapore’s biggest bank DBS Group on Monday said it expects to lift annual earnings to more than S$10 billion ($7.55 billion) within the ne[...]
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Micron expects Chinese ban to affect revenue up to high-single digits
(Reuters) – Micron Technology Inc expects China’s ban on company’s infrastructure chips to impact revenue in the low-single to high-single digit percentage, the company said on Monda[...]
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