By Paritosh Bansal and Tatiana Bautzer NEW YORK (Reuters) – The banking sector is not yet out of the woods, with reinflation a risk if banks fail to sufficiently predict rate moves, Moody’[...]
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November 9, 2023
Lazard CEO says geopolitics central to business moves
By Lananh Nguyen NEW YORK (Reuters) -Lazard’s new Chief Executive Officer Peter Orszag said escalating geopolitical tensions in China, Ukraine and the Middle East have become a top focus for cli[...]
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Business groups sue US labor board to block contract, franchise worker rule
By Daniel Wiessner (Reuters) – Several major U.S. business groups sued a federal labor board on Thursday, seeking to strike down a rule treating many companies as employers of contract and franc[...]
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YouTube, TikTok must detail child protection measures by Nov 30, EU says
BRUSSELS (Reuters) – Alphabet’s YouTube and TikTok have been given a Nov. 30 deadline by the European Union to reply to an information request on how they protect children from illegal and[...]
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Trulieve Cannabis posts narrower Q3 loss, beats cash flow targets
By Tanay Dhumal (Reuters) -Pot firm Trulieve Cannabis on Thursday posted a narrower third-quarter loss on lower operating expenses and said it is looking to increase its workforce. Earlier this year,[...]
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Janus Henderson launches ETF focused on securitized products
By Matt Tracy (Reuters) – Asset manager Janus Henderson on Thursday announced the launch of a new exchange-traded fund aimed at structured finance securities, in response to investor demand for[...]
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Goldman Sachs developing dozen generative AI projects -exec
By Saeed Azhar and David French NEW YORK (Reuters) – Goldman Sachs is working on a dozen projects which will incorporate generative artificial intelligence into its business practices, a senior[...]
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Mexican central bank keeps interest rate steady, softens language
MEXICO CITY (Reuters) -The Bank of Mexico held its benchmark interest at 11.25% on Thursday as expected, underscoring it will likely maintain the reference rate at its current level for “some ti[...]
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Dollar gains after Powell warns on rates, yen at one-week low
By Karen Brettell NEW YORK (Reuters) – The dollar gained on Thursday and hit a one-week high against the Japanese yen after Federal Reserve Chair Jerome Powell said that Fed policymakers are[...]
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