By Tom Polansek CHICAGO (Reuters) – Cooks may have to put away their oversized platters for serving turkey this Thanksgiving. Birds weighing in at a hefty 18 to 20 pounds (8.2 to 9.1 kg), enough[...]
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UK lenders seek more data as consumers squeezed, Experian says
By Pushkala Aripaka (Reuters) – Britain’s lenders are seeking more data on the finances of potential and existing customers as a cost-of-living squeeze raises the risk of borrowers struggl[...]
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Bank-fintech ventures benefit consumers, enhance competition: U.S. Treasury
By Hannah Lang WASHINGTON (Reuters) – Partnerships between banks and financial technology companies are a net-positive for consumers when done responsibly, the Treasury Department will say in a[...]
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Burger King parent taps ex-Domino’s CEO as executive chairman
By Hilary Russ NEW YORK (Reuters) – Burger King parent company Restaurant Brands International Inc on Wednesday said it appointed former Domino’s Pizza CEO Patrick Doyle as executive chair[...]
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FTX’s Bahamas unit seeks Chapter 15 bankruptcy protection -filing
(Reuters) – FTX’s Bahamas unit, FTX Digital Markets, is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, a court filing showed on Tuesda[...]
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ECB must keep inflation fight as top priority, de Guindos says
FRANKFURT (Reuters) – The European Central Bank must prioritize its fight against high inflation because that will in turn improve the currency bloc’s overall financial stability, ECB Vice[...]
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Barclays cuts 2023 global growth forecast, expects weakest growth in four decades
(Reuters) – Barclays economists on Wednesday cut their global economic growth forecast for 2023 as inflation is seen unlikely to fall quickly, forcing monetary policy to be ‘restrictive[...]
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Binance CEO Zhao: Significant interest in crypto industry recovery fund
By Rachna Uppal ABU DHABI (Reuters) -Binance Chief Executive Changpeng Zhao said on Wednesday there was significant interest from industry players in a recovery fund his company plans to launch to hel[...]
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Amazon’s cloud computing unit plans to invest 2.5 billion euros in Spain, to support 1,300 jobs
MADRID (Reuters) – Amazon’s cloud computing unit AWS plans to invest 2.5 billion euros ($2.60 billion) in Spain over the coming 10 years, supporting 1,300 full-time jobs in the country, th[...]
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UK bond dealers see jump in gilt issuance for 2023/24 – Reuters poll
By David Milliken LONDON (Reuters) – Bond dealers expect Britain to trim debt issuance plans for the current financial year, compared with those made just after September’s “mini-bud[...]
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