(Reuters) – Pandemic-related disruptions to global supply chains and the effects of Russia’s war in Ukraine have driven up prices of energy, commodities and other necessities. Here’s[...]
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June 9, 2023
US companies face less pressure for climate and social reforms
By Ross Kerber (Reuters) – Shareholder support for proxy resolutions on topics including climate change and workforce diversity dropped significantly this spring, analysts said, as tough proposa[...]
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UBS, government sign Credit Suisse loss-sharing deal clearing way for deal to close
By John Revill and Noele Illien ZURICH (Reuters) -UBS and the Swiss government agreed on Friday how they will share losses linked to the bank’s emergency takeover of Credit Suisse, clearing the[...]
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Investors channel billions into emerging markets, but China drops again-IIF
By Libby George LONDON (Reuters) – Foreign investors piling into Asian fixed income and stocks propelled emerging market portfolio inflows to $10.4 billion in May, offsetting Chinese bonds suffe[...]
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Goldman Sachs fintech executive Stephanie Cohen to take leave of absence: memo
By Lananh Nguyen NEW YORK (Reuters) – Stephanie Cohen, the head of Goldman Sachs Group Inc’s fintech unit called Platform Solutions, is taking a leave of absence for family reasons, she sa[...]
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Russian central bank gives most hawkish signal this year as it holds rates
By Elena Fabrichnaya, Vladimir Soldatkin and Alexander Marrow MOSCOW (Reuters) -Russia’s central bank issued its strongest signal yet that it may hike interest rates this year, saying that likel[...]
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Canada’s May unemployment rate rises for first time in nine months to 5.2%
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada unexpectedly shed jobs in May and the unemployment rate rose for the first time in nine months, data showed on Friday, a first sign of emplo[...]
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Factbox-UBS, government agree on Credit Suisse loss guarantees – key points
(Reuters) – UBS and the Swiss government agreed on Friday on how they will share losses linked to the bank’s emergency takeover of Credit Suisse, clearing the way for the deal to close in[...]
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Canada loses 17,300 jobs in May, jobless rate rises to 5.2%
TORONTO (Reuters) – Canada’s economy lost a net 17,300 jobs in May, entirely in full-time work, and the jobless rate rose to 5.2%, Statistics Canada data showed on Friday. Analysts had for[...]
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