SHANGHAI/SINGAPORE (Reuters) – China stood pat on benchmark lending rates at the monthly fixing on Wednesday, matching market expectations, after the central bank kept its medium-term policy rat[...]
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December 20, 2023
Brazil’s Americanas gets OK for restructuring plan, eyes $10 billion debt cut
SAO PAULO (Reuters) -Creditors of Brazilian retailer Americanas approved a restructuring plan on Tuesday, which features a $2.5 billion capital injection by main shareholders and a divestment agenda a[...]
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FAA has no ‘specific timetable’ to approve Boeing 737 MAX 7 -administrator
By David Shepardson and Valerie Insinna ARLINGTON, Virginia (Reuters) – The Federal Aviation Administration has no “specific timetable” to certify the Boeing 737 MAX 7, the agency[...]
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Biden administration takes first step toward writing key AI standards
By David Shepardson WASHINGTON (Reuters) – The Biden administration said on Tuesday it was taking the first step toward writing key standards and guidance for the safe deployment of generative a[...]
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Wall Street ends higher as rate-cut fever lingers
By Stephen Culp NEW YORK (Reuters) – Wall Street extended its rally on Tuesday, advancing on the day as last week’s dovish policy pivot from the Federal Reserve continued to reverberate an[...]
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FTX resolves dispute with Bahamian liquidators
By Dietrich Knauth (Reuters) -Bankrupt crypto exchange FTX Trading on Tuesday announced a settlement with liquidators for FTX’s Bahamas unit, resolving a long-simmering dispute over whether the[...]
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Starbucks says protestors against coffee chain ‘influenced by misrepresentation’
(Reuters) – Starbucks CEO Laxman Narasimhan said on Tuesday people protesting against the company over its stance on the Israel-Hamas war have been “influenced by misrepresentation on soci[...]
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Airbus on course for record jetliner orders in 2023, sources say
By Tim Hepher PARIS (Reuters) – Airbus is on course to break aerospace order records in 2023 after a buying spree from European airlines and a brisk month so far in deliveries, industry sources[...]
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