By Elida Moreno and Marianna Parraga PANAMA CITY (Reuters) – The Panama Canal Authority on Wednesday notified shippers it is extending through Sept. 2 restrictions for vessels to transit through[...]
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August 16, 2023
Synopsys names insider Ghazi as CEO, forecasts stronger fourth quarter
By Jaspreet Singh and Max A. Cherney (Reuters) – Chip design software company Synopsys on Wednesday named 25-year-veteran Sassine Ghazi as its CEO and president, and forecast better-than-expecte[...]
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Cisco touts market share wins, AI potential as revenue forecast disappoints
(Reuters) -Networking equipment maker Cisco Systems’ CEO talked up market share wins and artificial intelligence (AI) opportunities, as he moved to allay fears over slowing growth after a disapp[...]
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Wall Street ends lower after Fed minutes cloud outlook for rates
By Saeed Azhar and Noel Randewich NEW YORK (Reuters) – Wall Street ended lower on Wednesday after the Federal Reserve’s minutes showed central bank officials were divided over the need for[...]
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US CLOs’ credit profiles resilient despite mid-sized company risk -Moody’s
By Matt Tracy WASHINGTON (Reuters) – The credit quality of U.S. middle market collateralized loan obligations (CLOs), major sources of debt funding for mid-sized companies, has worsened only sli[...]
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Exclusive-ArcelorMittal weighs possible bid for US Steel -sources
By Greg Roumeliotis and Emma-Victoria Farr (Reuters) -ArcelorMittal SA, the world’s second-largest steelmaker, is considering a potential offer for U.S. Steel Corp, three people familiar with th[...]
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Marketmind: Dollar, US yields deliver one-two punch
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian market sentiment on Thursday will again be a mix of caution and ner[...]
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Argentines rush to dollar safety as election uncertainty looms
By Walter Bianchi, Jorge Otaola and Lucinda Elliott BUENOS AIRES (Reuters) – Confidence in Argentina’s peso plumbed new depths on Wednesday as the currency slid to 780 pesos per dollar in[...]
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Fed officials divided in July over need for more rate hikes, minutes show
By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -Federal Reserve officials were divided over the need for more interest rate hikes at the U.S. central bank’s July 25-26 meeting, wi[...]
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