By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street’s three major indexes closed higher on Wednesday as economic data and comments from Federal Reserve Chair Jerome Powell reinforced[...]
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March 6, 2024
Australia’s corporate regulator fines ASX, issues infringement notice
(Reuters) – Australia’s corporate regulator said on Thursday that ASX Ltd has paid a A$1.1-million ($721,930) fine following a compliance investigation, marking the first such infringement[...]
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Exclusive-Panera loosens ingredients standards ahead of IPO, internal documents show
By Waylon Cunningham SAN ANTONIO, Texas (Reuters) -Fast-food chain Panera Bread has loosened its standards for animal welfare and so-called clean ingredients in its food ahead of a planned IPO, accord[...]
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Embattled lender NYCB secures $1 billion investment from cohort including Mnuchin’s firm
By Niket Nishant, Manya Saini and Anirban Sen (Reuters) – New York Community Bancorp said on Wednesday it had raised $1 billion from investors including former U.S. Treasury Secretary Steven Mnu[...]
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Fed’s Kashkari sees two rate cuts at most this year
(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday signaled that stronger economic data since the start of the year will likely make it appropriate for the Fed to[...]
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US container shippers slow walk new contracts, eye easing of Red Sea rate hikes, analysts say
By Lisa Baertlein LONG BEACH (Reuters) – U.S. importers are playing the waiting game with new container shipping contracts, gambling the rate spike from Red Sea vessel attacks will fade and put[...]
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Apple escalates Epic Games feud by blocking Fortnite app in EU
By Akash Sriram and Stephen Nellis (Reuters) -Apple escalated its feud with Epic Games on Wednesday, blocking the Fortnite video-game maker from launching its own online marketplace on iPhones and iPa[...]
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Japan sees growing momentum towards March end to negative rates
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Momentum is building for the Bank of Japan to consider ending negative interest rates as soon as this month with upcoming annual wage negotiation[...]
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Bank of Canada keeps rates on hold, rules out a calendar for cuts
By Promit Mukherjee and Steve Scherer OTTAWA (Reuters) -The Bank of Canada (BoC) kept its key overnight rate steady at 5% on Wednesday as expected but dashed the hopes of borrowers seeking relief, say[...]
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