(Corrects forecast in paragraph 6 to be for fiscal deficit, not economic growth) By Marco Aquino LIMA (Reuters) -Peru’s government on Thursday announced a package of more than two dozen new meas[...]
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November 9, 2023
Airline SAS wins $450 million loan approval in US court ruling
(Reuters) – A U.S. bankruptcy court ruled on Thursday that Scandinavian airline SAS can receive a loan next week of $450 million from investment firm Castlelake, boosting the carrier’s eff[...]
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Fed’s Powell: biggest mistake would be to fail to control inflation
(Reuters) – Federal Reserve Chair Jerome Powell on Thursday said that while the Fed is “not going to ignore” a significant tightening in financial conditions from higher bond yields,[...]
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Pressure grows on US Treasury to salvage trucking giant Yellow
(This Nov. 8 story has been corrected to say million instead of billion in paragraph 2, and to remove the reference to workers being fired in paragraph 9) By Jarrett Renshaw (Reuters) – Congress[...]
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Canadian Tire lays off 3% of full-time employees, misses profit estimates
(Reuters) -Canadian Tire said on Thursday it had laid off 3% of its full-time employees, in an effort to lower costs amid slowing demand due to persisting inflation. The Toronto-based retailer joins a[...]
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REUTERS NEXT: Santander’s Botin targets auto finance, renewables in U.S. banking push
By Alessandra Galloni NEW YORK (Reuters) -Banco Santander Executive Chair Ana Botin plans to deepen the lender’s corporate banking presence in the U.S. in renewable finance, auto lending and wea[...]
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OpenAI seeks partnerships to generate AI training data
(Reuters) – ChatGPT maker OpenAI said on Thursday it intends to work with organizations to produce public and private datasets for training artificial intelligence (AI) models. Popular chatbot C[...]
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With Hollywood strikes over, more companies look like losers than winners
By Samrhitha A (Reuters) -The twin summer Hollywood strikes from writers and actors are over, but the effects will linger into next year – and some companies are decidedly worse off than others.[...]
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Fed reverse repos fall under $1 trillion for first time since August 2021
By Michael S. Derby NEW YORK (Reuters) -The Federal Reserve’s efforts to drain liquidity from the financial system have finally pushed inflows into a critical central bank tool below the $1 tril[...]
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