(Reuters) – Ratings agency S&P Global on Wednesday cut Argentina’s long-term local currency sovereign credit rating by two notches to “CCC-” from “CCC+” to refl[...]
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Articles
Flutter sees five-fold jump in Fanduel revenue long term
By Padraic Halpin DUBLIN (Reuters) -Flutter sees revenue at its rapidly growing and market leading U.S. Fanduel business jumping by 4.5 to 5-times to around $15 billion over the long term, the world[...]
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UK banks say consumer safeguard could backfire in cost of living crisis
By Huw Jones LONDON (Reuters) – Britain’s banks are proactively helping customers hit by the cost of living crisis, but implementing a new “consumer duty” on time could exclude[...]
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Marketmind: Your Daly reminder – don’t fight the Fed
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The battle lines between stock markets and the Fed are clearly drawn, and worryingly for investors sti[...]
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First Solar picks Alabama for new solar factory
(Reuters) – Top U.S. solar panel manufacturer First Solar Inc on Wednesday said it has chosen Alabama as the home of its fourth domestic factory, giving the state a $1.1 billion investment that[...]
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Fed’s Waller says ‘more comfortable’ with smaller hikes after recent data
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -U.S. Federal Reserve Governor Christopher Waller, an early and outspoken “hawk” in the central bank’s efforts to confront inf[...]
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Austrian banker fights extradition to U.S. on money laundering charges
By Sam Tobin LONDON (Reuters) – The former chief executive of an Austrian bank who faces charges in the United States in relation to a bribery and money laundering conspiracy involving Brazilian[...]
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EVs, full-size pickup trucks least reliable – Consumer Reports survey
(Reuters) – Electric vehicles (EVs) and full-size pickup trucks were the two most problematic categories in terms of reliability, Consumer Reports magazine’s annual reliability survey show[...]
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Tesla reports two new fatal crashes involving driver assistance systems
By David Shepardson WASHINGTON (Reuters) – Tesla Inc told U.S. auto safety regulators it has reports of two new crash fatalities in Model 3 cars tied to advanced driver assistance systems in the[...]
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Lockheed gets Microsoft classified cloud to speed work with Pentagon
By Mike Stone WASHINGTON (Reuters) – Microsoft will provide Lockheed Martin with its first classified cloud as part of a three-year deal, executives said on Wednesday, making it easier for the U[...]
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