By David Shepardson WASHINGTON (Reuters) -The White House on Tuesday said it strongly opposes a Republican bill set to be voted on this week by the U.S. House of Representatives that would prevent Cal[...]
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September 12, 2023
TSMC prizes Japan’s chips skills after US stumbles -sources
By Sam Nussey, Fanny Potkin and Sarah Wu TOKYO/SINGAPORE/TAIPEI (Reuters) – Taiwan’s TSMC, which is making an unprecedented push into chip manufacturing overseas, is taking an increasingly[...]
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Wall Street ends lower as Oracle tumbles on weak forecast
By Noel Randewich and Ankika Biswas (Reuters) – Wall Street stocks ended lower on Tuesday as Oracle shares tumbled more than 13% after a weak forecast and surging oil prices deepened worries abo[...]
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Wall Street bosses see deal drought easing as IPOs spur optimism
By Tatiana Bautzer NEW YORK (Reuters) -Wall Street investment bankers are optimistic that dealmaking will pick up as new initial public offerings (IPOs) hint at a broader recovery. Goldman Sachs CEO D[...]
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US banks say regulators broke law as fight over proposed capital rules escalates
By Pete Schroeder WASHINGTON (Reuters) – U.S. bank groups on Tuesday accused the Federal Reserve and other regulators of violating federal laws with a sweeping proposal to raise capital requirem[...]
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Birkenstock files for U.S. IPO as listings recovery gains pace
(Reuters) -German premium footwear brand Birkenstock on Tuesday filed for an initial public offering in the United States, underscoring a pickup in the country’s equity markets and becoming the[...]
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Canada will take 20 years to recoup Stellantis, Volkswagen subsidies -watchdog
By Divya Rajagopal and Urvi Manoj Dugar (Reuters) -The Canadian government will take 20 years to recoup the combined C$28.2 billion ($21 billion) subsidies it is offering Volkswagen and Stellantis-LG[...]
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Apple’s plan for climate-friendly watches: clean energy, fewer planes
By Stephen Nellis CUPERTINO, California (Reuters) -Apple on Tuesday said that three of its Apple Watch models will come in what it calls carbon-neutral versions sporting a new green logo on their boxe[...]
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US looks to offload $13 billion of mortgage bonds seized from SVB, Signature – Bloomberg News
(Reuters) – The U.S. government is looking to offload nearly $13 billion of mortgage bonds it amassed from Silicon Valley Bank and Signature Bank following the collapse of the lenders, Bloomberg[...]
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