By Tom Hals WILMINGTON, Del. (Reuters) -The Philippines’ largest casino, owned by an affiliate of Japan’s Universal Entertainment Corp, does not have to complete a SPAC merger deal with 26[...]
Read moreSeptember 7, 2023
Fed’s Williams: An ‘open question’ whether Fed will need to hike again
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams on Thursday kept his options open over future U.S. interest rate policy, acknowledging falling inflatio[...]
Read moreBank of Canada says interest rates may not be high enough to tame inflation
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem on Thursday said interest rates may not be high enough to bring inflation back down to target, sending a haw[...]
Read moreSpirit AeroSystems CEO says Boeing, Airbus contracts ‘not sustainable’
By Valerie Insinna WASHINGTON (Reuters) -Spirit AeroSystems, a major supplier of parts for jetliners, has asked Boeing and Airbus to absorb more of the financial pain caused by inflation that makes it[...]
Read moreIMF, World Bank to step up cooperation on climate, debt, digital transition
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund and World Bank on Thursday issued a rare joint statement pledging to step up their cooperation to address climate change, d[...]
Read moreBrent falls below $90/bbl, pausing rally, on weaker demand outlook
By Erwin Seba HOUSTON (Reuters) -Global benchmark Brent crude oil fell below $90 a barrel on Thursday in volatile trade, halting a near two-week rally, on multiple signals warning of weaker demand in[...]
Read moreRivian to benefit next year as EV battery material prices ease – CFO
(Reuters) -Electric-vehicle maker Rivian Automotive will benefit late this year and in 2024 from a significant deflation for battery material prices, finance chief Claire McDonough said at a technolog[...]
Read moreU.S. mortgage rates fall for a second week but hold above 7%
By Amina Niasse NEW YORK (Reuters) – Key U.S. mortgage interest rates fell for a second week but held above 7% and remained near the highest in decades, according to a survey released Thursday b[...]
Read moreExclusive-U.S. sports league caps maker New Era prepares for IPO-sources
By Abigail Summerville, Echo Wang and Anirban Sen NEW YORK (Reuters) – New Era Cap LLC, a supplier of major U.S. sports league headware, has kicked off preparations for an initial public offerin[...]
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