By Helen Coster and Eva Mathews (Reuters) -NBC News appointed New York Times Deputy Managing Editor Rebecca Blumenstein to a newly created role of president of editorial, the broadcaster announced on[...]
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January 11, 2023
Oil gains 3% on global economic optimism, despite surprise U.S. crude build
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose 3% to a one-week high on Wednesday as hopes for an improved global economic outlook and concern over the impact of sanctions on Russian crude outp[...]
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Failed crypto exchange FTX has recovered over $5 billion, attorney says
By Dietrich Knauth and Tom Hals NEW YORK/WILMINGTON, Del. (Reuters) -Crypto exchange FTX has recovered more than $5 billion in liquid assets but the extent of customer losses in the collapse of the co[...]
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Euro ekes out 7-month high against dollar ahead of U.S. inflation data
By John McCrank NEW YORK (Reuters) -The euro briefly hit a seven-month high against the dollar on Wednesday but held within a narrow range as traders avoided making big moves ahead of U.S. inflation d[...]
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Factbox-Global banks cut jobs as cost pressures mount
LONDON (Reuters) – Global banks are in the process of cutting at least 5,000 jobs as profits at lucrative investment banking units come under pressure from volatility in capital markets and fast[...]
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Fed’s Collins leans toward quarter-point rate increase -NYT
By Michael S. Derby (Reuters) – Boston Federal Reserve bank leader Susan Collins said she is inclined to raise interest rates by a quarter percentage point at the central bank’s upcoming p[...]
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Top Credit Suisse shareholder cuts stake
FRANKFURT (Reuters) – One of Credit Suisse’s large shareholders, Harris Associates, has reduced its stake in the bank by roughly half to about 5%, according to regulatory filings, as the S[...]
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Biden’s climate agenda has a problem: Not enough workers
By Nichola Groom and Valerie Volcovici (Reuters) -U.S. clean energy companies are offering better wages and benefits, flying in trainers from overseas, and contemplating ideas like buying roofing and[...]
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Freeport LNG may extend Texas plant restart to February- sources
By Marwa Rashad and Julia Payne LONDON (Reuters) – Top U.S. gas exporter, Freeport LNG, is expected to further extend the seven-month-long outage of its liquefied natural gas (LNG) export plant[...]
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