HOUSTON (Reuters) – A Liberia-flagged oil tanker chartered by Chevron Corp had a minor collision with another vessel, the Bueno, in Venezuelan waters on Sunday, according to sources and a shippi[...]
Read more
March 20, 2023
European bank supervisors step in to stem rout in bonds
By Francesco Canepa and Andy Bruce FRANKFURT (Reuters) -European supervisors tried to stop a rout in the market for convertible bank bonds on Monday, saying owners of this type of debt would only suff[...]
Read more
Banks borrow only token amounts via Fed’s dollar swap facility
FRANKFURT (Reuters) – Global banks borrowed only token amounts on Monday via an enhanced, seven-day dollar swap unveiled by the U.S. Federal Reserve late on Sunday to ease funding stress in glob[...]
Read more
Uber, Lyft trade group questions Biden’s labor nominee’s gig workers stance
By Nandita Bose WASHINGTON (Reuters) – Rideshare and delivery companies want the Biden administration’s nominee for the Department of Labor to clarify her position on an incoming worker-cl[...]
Read more
Nike sales to gain from Adidas-Kanye split, Jordan Retro demand
By Ananya Mariam Rajesh and Granth Vanaik (Reuters) – Nike is expected to report a rise in third-quarter revenue and grow its market share through 2023, helped by major rival Adidas’ split[...]
Read more
JPMorgan CEO leading talks for new First Republic rescue plan – WSJ
(Reuters) -JPMorgan Chase & Co CEO Jamie Dimon is leading talks with the chiefs of other big banks about fresh efforts to stabilize First Republic Bank, the Wall Street Journal reported on Monday,[...]
Read more
Norwegian Cruise says CEO to retire, insider Sommer will succeed
(Reuters) – Norwegian Cruise Line Holdings Ltd said on Monday CEO and company veteran Frank Del Rio has decided to retire and would be succeeded by insider Harry Sommer. Frank Del Rio, who has b[...]
Read more
Google denies destroying ‘chat’ evidence in U.S. antitrust lawsuit
By Mike Scarcella (Reuters) – Alphabet Inc’s Google has denied intentionally destroying evidence in the U.S. Justice Department’s antitrust lawsuit over the company’s search bu[...]
Read more
EY’s ‘paused’ split dragged into $2.7 billion London lawsuit
By Sam Tobin LONDON (Reuters) -EY’s plans to split its auditing and consulting arms have been dragged into a $2.7 billion lawsuit brought in London by the administrators of troubled hospital operator[...]
Read more