By Iain Withers and Chiara Elisei LONDON (Reuters) – HSBC’s move to ditch its 45-floor Canary Wharf tower in favour of a much smaller development in central London is one of the most visib[...]
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June 26, 2023
Wall Street slips as investors eye Russia, Fed hikes, quarter-end
By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – U.S. stocks closed lower on Monday, as investors were wary of betting on riskier assets before seeing the outcome of Russia[...]
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SL Green Realty shares surge after selling half of NYC building at $2 billion valuation
By Chibuike Oguh NEW YORK (Reuters) -Shares of SL Green Realty Corp surged on Monday after the real estate investment trust (REIT) said it had sold a nearly 50% stake in one of its New York City offic[...]
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BIS warns world economy at critical juncture in inflation fight
By Marc Jones LONDON (Reuters) – The world’s central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for more interest rate hikes, warning the world econ[...]
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Philippine finance secretary sees ‘long pause’ in rate hikes
MANILA (Reuters) – Philippine Finance Secretary Benjamin Diokno said he expected the central bank, of which he is a policymaker, to take a “long pause” in raising interest rates stea[...]
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Robinhood to cut some full-time jobs as trading demand eases
(Reuters) -Trading platform Robinhood Markets said on Monday it was cutting some of its full-time jobs, as it looks to offset costs amid slowing demand for its services. The Menlo Park, California-bas[...]
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Blackstone weighing offers for Bellagio casino stake – Bloomberg News
(Reuters) – U.S. investment giant Blackstone Inc is fielding offers for half of its interest in the real estate of the Bellagio hotel in Las Vegas, Bloomberg News reported on Monday. The investm[...]
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Tesla on Autopilot crashes into stopped truck in Pennsylvania -police
By Hyunjoo Jin (Reuters) – A Tesla vehicle that was operating on its Autopilot software crashed into a stationary truck on a highway in Pennsylvania on Friday night, police said, adding to scrut[...]
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US to spend $42 billion to make internet access universal by 2030
By Jeff Mason and Jarrett Renshaw WASHINGTON (Reuters) – The White House on Monday divvied up $42 billion among the nation’s 50 states and U.S. territories to make access to high-speed bro[...]
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