By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – Investors have withdrawn $316 billion from credit funds this year, unwinding…
JPMorgan, BofA and Citi to slash banker bonuses – Bloomberg Law
(Reuters) – JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc are all weighing plans to cut bonus…
U.S. Justice Department weighing new guidance on messaging apps, clawback policies -official
(This Dec. 1 story has been corrected to fix Nicole Argentieri’s title in paragraph 2) WASHINGTON (Reuters) – The U.S.…
Rapper Kanye West no longer plans to buy social media platform Parler
By Helen Coster (Reuters) -The parent company of social media platform Parler and American rapper Kanye West, who now goes…
Traders now see Fed policy rate hitting 5% next year
(Reuters) -The Federal Reserve is seen driving its policy rate above 5% by May after a government report Friday showed…
Fed’s Barkin: labor supply likely will remain constrained
(Reuters) – The United States is likely in a sustained period in which there will remain a shortage of workers,…
OPEC+ seen heading for oil policy rollover, cut not ruled out
By Ahmad Ghaddar, Maha El Dahan and Alex Lawler LONDON/DUBAI (Reuters) – OPEC+ is likely to stick to its current…
Italy says will hit all 2022 targets for EU post-pandemic funds
ROME (Reuters) -Italy is confident of achieving all the targets required of it this year to obtain financing from the…
ECB must focus on 2% goal after inflation slowdown, says De Guindos
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Russia’s more gradual economic contraction to extend into 2023: Reuters Poll
By Alexander Marrow MOSCOW (Reuters) – Russia’s economy is set to shrink by 2.5% next year, on top of a…