(Reuters) – Citigroup Inc reached an agreement with all 10 Revlon Inc lenders it mistakenly paid about $500 million on…
Goldman to cut thousands of staff as Wall Street layoffs intensify -source
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) – Goldman Sachs Group Inc is planning to cut thousands of…
IMF executive board approves $3 billion Egypt extended arrangement
CAIRO (Reuters) -The International Monetary Fund (IMF) executive board has approved a 46-month $3 billion financial support package for Egypt,…
Twitter suspends several journalists, Musk cites ‘doxxing’ of his jet
(Reuters) -Twitter on Thursday suspended the accounts of several prominent journalists who recently wrote about its new owner Elon Musk,…
Wall Street ends lower for third straight day as recession worries rise
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks dropped for a third straight session and suffered a second straight…
First Quantum mulling all legal options after Panama halts flagship mine
By Valentine Hilaire MEXICO CITY (Reuters) -Canada-based miner First Quantum Minerals said on Friday it is going through “all available…
Credit Suisse, BNP faulted by U.S. bank regulators for resolution plans
By Hannah Lang WASHINGTON (Reuters) -The U.S. Federal Reserve and the Federal Deposit Insurance Corp identified problems in the so-called…
Fed may push rates higher, keep them there longer, policymakers say
By Michael S. Derby and Ann Saphir NEW YORK/SAN FRANCISCO (Reuters) -Federal Reserve policymakers may need to lift U.S. borrowing…
U.S. court decision paves way for depositor case against Lebanese bank
BEIRUT (Reuters) -A U.S. court of appeals determined this week that cases against Lebanese commercial banks can be tried outside…
World shares extend rout, oil prices drop on recession worries
By Chris Prentice, Dhara Ranasinghe and Naomi Rovnick NEW YORK/LONDON (Reuters) -A rout in global equities extended on Friday and…