WASHINGTON (Reuters) – A shutdown of U.S. rail lines would be “unacceptable,” because it would harm workers, families and businesses, a White House official said on Monday after the[...]
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Economy
France demands Twitter ensure it can preserve ‘safe environment’
PARIS (Reuters) – French regulator Arcom said on Monday it had sent a letter to Twitter asking it to ensure by Nov. 24 that it can meet its legal obligation to guarantee transparent information[...]
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Bolivia lowers 2023 growth projection as general strike goes on
LA PAZ (Reuters) – Bolivia’s economy is forecast to grow 4.8% in 2023, less than the 5.1% growth previously forecast, the government announced on Monday during the presentation of next yea[...]
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Morgan Stanley IM launches $1 billion climate-focused private equity strategy
By Virginia Furness LONDON (Reuters) – Morgan Stanley Investment Management said on Monday it had launched a new $1 billion private equity strategy to invest in companies which will remove 1 gig[...]
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Fed’s Daly: Currently expect fed funds rate to top out around 5%
NEW YORK (Reuters) – Federal Reserve Bank of San Francisco leader Mary Daly said on Monday she is still expecting the U.S. central bank to hike rates more and will likely lift its interest rate[...]
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NBA champion Golden State Warriors are sued over FTX collapse
(Reuters) -The Golden State Warriors were sued on Monday by an FTX customer who accused the reigning National Basketball Association champions of fraudulently promoting the now-bankrupt cryptocurrency[...]
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Italy’s Cucinelli and EssilorLuxottica sign eyewear license accord
MILAN (Reuters) – Brunello Cucinelli signed an exclusive license deal with French-Italian glasses maker EssilorLuxottica for the design, manufacture and distribution of eyewear under the Italian[...]
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Real impact of Fed hikes likely bigger than what target rate implies, Daly says
By Michael S. Derby (Reuters) – San Francisco Federal Reserve President Mary Daly said on Monday the real-world impact of the U.S. central bank’s interest rate hikes is likely greater than[...]
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Oil prices rebound from early dive as reports vary on OPEC+ output
By Laila Kearney NEW YORK (Reuters) – Oil prices whipsawed on Monday, diving early to their lowest since early January but then rebounding as reports varied about whether Saudi Arabia and other[...]
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