WASHINGTON (Reuters) -The White House on Friday welcomed news that the European Union was “coming together” on a $60 per…
Blackstone’s $69 billion REIT curbs redemptions in blow to property empire
(Corrects part of Snyder’s quote to reference to arbitrage in story from Dec 1) By Chibuike Oguh and Herbert Lash…
Florida mulls U-turn on move to strip Disney theme-parks of self-governing status – FT
(Reuters) – Florida lawmakers are mulling plans to reverse a move that would strip Walt Disney Co of its right…
Dodging recession could whiplash markets: Mike Dolan
By Mike Dolan LONDON (Reuters) -Recession of some sort next year is fast becoming consensus – to such an extent…
Reckitt expects U.S. infant formula shortage until spring
By Richa Naidu LONDON (Reuters) -The near year-long infant formula shortage in the United States that prompted the intervention of…
Galaxy wins bid for collapsed crypto lender Celsius’ GK8 unit
(Reuters) – Galaxy Digital Holdings Ltd will buy crypto lender Celsius Network LLC-owned digital asset custody platform GK8, the crypto…
Factbox-Global banks take axe to jobs as cost pressures mount
LONDON (Reuters) – Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave…
Fed’s Evans sees slower rate hike pace, “slightly higher” peak rate
By Bianca Flowers (Reuters) – The Federal Reserve will likely need to raise borrowing costs to a “slightly higher” peak…
As the Fed plans to ‘raise and hold,’ new projections may show the cost
By Howard Schneider WASHINGTON (Reuters) – New U.S. Federal Reserve projections, issued later this month alongside an expected half-point interest…
UK insurers face crackdown for undervaluing cars in damage claims
By Huw Jones LONDON (Reuters) -Britain’s financial watchdog on Friday warned insurers against undervaluing cars and other items when customers…