By Carolina Mandl NEW YORK (Reuters) – U.S. banks reported a 3.2% rise in third-quarter net income from a year…
REUTERS NEXT: Treasury’s Adeyemo says China continues to struggle with zero-COVID policy
NEW YORK (Reuters) – U.S. Deputy Treasury Secretary Wally Adeyemo said China was continuing to struggle with its zero-COVID policy…
U.S. Treasury’s Adeyemo says $60 oil price cap will limit Russia’s revenues
By Dan Burns NEW YORK (Reuters) -U.S. Deputy Treasury Secretary Wally Adeyemo applauded a European Union deal for a $60-a-barrel…
Global factory activity shrank in November but price pressures ease
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S&P warns of possible trebling of U.S., European default rates
LONDON (Reuters) – Credit rating firm S&P Global has warned that speculative-grade U.S. and European corporate default rates are likely…
Tesla to issue software updates for 435,000 cars in China over marker light issue
SHANGHAI (Reuters) -Tesla Inc will issue software updates for more than 435,000 vehicles in China to fix an issue with…
Investors with $30 trln to push companies on human rights, social issues
By Simon Jessop LONDON (Reuters) – More than 220 investors managing $30 trillion have signed up to a plan to…
Philadelphia Fed names new research chief
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Disasters caused total of $122 billion in insured losses in 2022 – Swiss Re
ZURICH (Reuters) – Hurricane Ian and other natural catastrophes have caused an estimated $115 billion of insured losses so far…
Fed’s Bowman: interest rates need to be sufficiently restrictive “for some time”
(Reuters) -The Federal Reserve should slow the pace of its rate increases in order to assess the impact of its…