By Nicole Jao NEW YORK (Reuters) -Oil prices climbed around 2% on Tuesday as the Middle East crisis and a Libyan supply outage pared the previous day’s heavy losses. Brent crude futures settled[...]
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January 9, 2024
Canada’s big-bank CEOs see bad-debt provisions rising this year
By Nivedita Balu TORONTO (Reuters) – Canada’s big banks are preparing to set aside more rainy-day funds in the new fiscal year to deal with rising bad debts as their customers struggle wit[...]
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Marketmind- Aussie, Chinese data eyed as investors seek tech tonic
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Australian inflation tops the Asian-Pacific economic calendar on Wednesday with the latest Chinese lending figures potenti[...]
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US banks’ profits to shrink as they brace for souring loans
By Tatiana Bautzer NEW YORK (Reuters) -U.S. banking giants are expected to report lower profits for the fourth quarter after they set money aside to cover souring loans while also paying more to depos[...]
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LatAm healthcare firm Auna files U.S. public offering
(Reuters) – Auna, a healthcare provider operating in three Latin American countries, filed for an initial public offering (IPO) on the New York Stock Exchange on Tuesday. The company, founded in[...]
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Dollar gains before inflation data, bitcoin slips
By Karen Brettell NEW YORK (Reuters) – The dollar rose against the euro and yen on Tuesday as traders awaited inflation data on Thursday for clues on when the Federal Reserve is likely to cut ra[...]
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Rite Aid Gets Court Approval For $575 Million Elixir Sale
By Dietrich Knauth NEW YORK (Reuters) – Pharmacy chain Rite Aid Corp on Tuesday received bankruptcy court approval to sell its Elixir pharmacy benefit manager business for $575 million. Rite Aid[...]
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Factbox-What does the Gotham City report say about Grifols?
By Nell Mackenzie LONDON (Reuters) – Shares in Grifols fell as much as over 40% on Tuesday, wiping $3.83 billion off its market value, after hedge fund Gotham City Research questioned its accoun[...]
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Markets tweak Fed balance sheet views after comments from Dallas Fed chief
By Michael S. Derby NEW YORK (Reuters) – Comments over the weekend from a key Federal Reserve official have shed new light on how the central bank might end its ongoing effort to shrink its bond[...]
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