(Reuters) -Wells Fargo & Co has cut hundreds of jobs in its mortgage business across the country, Bloomberg News reported…
Muddy Waters doubles down on allegations of dLocal balance sheet discrepancies
(Reuters) -Hedge fund Muddy Waters repeated its stance that Uruguayan payments firm dLocal’s <DLO.O> books showed numerous discrepancies, adding in…
Campari, LVMH’s Moët Hennessy buy 100% of Tannico
(Reuters) – LVMH’s Moët Hennessy and Italy’s Campari have taken full ownership of online wines and spirits company Tannico via…
U.S. Fed weighing changes to bank capital rules to better account for unexpected stress -Barr
(Reuters) – The U.S. Federal Reserve’s regulatory chief said on Thursday the central bank is exploring adjustments to bank capital…
Exclusive-HSBC shedding at least 200 senior operations managers in global cuts -sources
By Sumeet Chatterjee, Stefania Spezzati and Lawrence White HONG KONG/LONDON (Reuters) -HSBC is cutting as many as 15% of its…
Brazil posts record trade surplus for November boosted by sales to China
BRASILIA (Reuters) – Brazil posted a record trade surplus for November, official data showed on Thursday, driven by booming exports,…
Factbox-Crypto companies crash into bankruptcy
By Dietrich Knauth (Reuters) – 2022 has been a rough year for the crypto industry. The price of bitcoin has…
Facebook accused by female truckers of skewing job ads
By Paresh Dave OAKLAND, Calif. (Reuters) – Meta Platforms Inc unlawfully steered dozens of hiring ads from trucking companies and…
Fed’s Williams: Too high inflation calls for more Fed rate hikes
NEW YORK (Reuters) – New York Federal Reserve leader John Williams reiterated on Thursday in a television interview his belief…
Oil rises as China eases COVID curbs, dollar weakens
By Shariq Khan NEW YORK (Reuters) -Oil prices rose about a dollar per barrel on Thursday after top crude importer…