By Ann Saphir (Reuters) – Cleveland Federal Reserve Bank President Loretta Mester said on Wednesday she expects price pressures to ease further this year, allowing the Fed to reduce borrowing co[...]
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April 17, 2024
Japan firms see English disclosure requirement as a burden, poll shows
By Daniel Leussink TOKYO (Reuters) – Almost all Japanese companies in a Reuters monthly corporate poll see the Tokyo Stock Exchange’s planned requirement to have top-tier firms disclose ke[...]
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Foreign holdings of US Treasuries hit record high; Japan holdings rise, data shows
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Foreign holdings of U.S. Treasuries surged to a record in February, its fifth straight monthly rise, Treasury Department data released on Wednesd[...]
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Stocks decline as interest rate uncertainty, earnings weigh
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks fell in choppy trading on Wednesday as investors assessed the Federal Reserve’s interest rate stance and a batch of soft earnings early in th[...]
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United Airlines says Boeing to compensate for damages caused by MAX 9 grounding
(Reuters) -United Airlines will receive compensation from planemaker Boeing for financial damages incurred in the first quarter due to the grounding of 737 MAX 9 aircraft, the carrier said on Wednesda[...]
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Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say
By Foo Yun Chee and Yuvraj Malik (Reuters) -EU antitrust regulators have concluded that Microsoft’s $13 billion investment into OpenAI is not an acquisition, sources familiar with the matter sai[...]
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UBS plans next round of layoffs in Credit Suisse integration, Bloomberg News reports
(Reuters) – UBS Group is planning another round of job cuts after its takeover of Credit Suisse that is expected to affect over a hundred positions across the group’s global investment ban[...]
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Kinder Morgan meets profit estimates, sees new demand from AI operations
By Saikeerthi . and Roshia Sabu (Reuters) -Pipeline and terminal operator Kinder Morgan on Wednesday reaffirmed its annual profit outlook and said it expects demand for natural gas to grow substantial[...]
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Exclusive-US plans to restore tariffs on dominant solar technology, sources say
By Nichola Groom and Jarrett Renshaw (Reuters) -The Biden administration is expected to grant a request by South Korea’s Hanwha Qcells to reverse a two-year-old trade exemption that has allowed import[...]
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