FRANKFURT (Reuters) – Euro zone banks have not yet fully faced up to the reality of an economic downturn, so…
Euro zone factory downturn eased in November, inflationary pressures moderated
LONDON (Reuters) – The downturn in manufacturing activity across the euro zone eased in November, according to a survey which…
Sam Bankman-Fried says he ‘didn’t ever try to commit fraud’
By Carolina Mandl NEW YORK (Reuters) -Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to…
Credit Suisse’s fund outflows may spark M&A talk – JPMorgan
ZURICH (Reuters) – Continued client outflows at Credit Suisse could spark speculation of a takeover of the embattled Swiss bank…
Meta executive says holiday sales were earlier and bigger this year
(Reuters) – The head of Meta Platforms’ business group said on Wednesday that the holiday shopping season started earlier than…
Asian FX bulls loom on signs of slowing Fed rate hikes, China reopening: Reuters poll
By Savyata Mishra (Reuters) – Investors turned modestly bullish on currencies of South Korea, Malaysia and Thailand, supported by prospects…
U.S. Treasury’s Yellen ‘practiced and practiced’ her signature for U.S. bills
NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said she “practiced and practiced” writing the signature that will soon…
Swiss inflation steady at 3.0% in November as expected
ZURICH (Reuters) – Swiss consumer price inflation held steady at 3.0% in November but still overshot the Swiss National Bank’s…
Defiant pound sees biggest monthly rise since 2020 – but still trails most peers
By Harry Robertson LONDON (Reuters) – The pound has pulled off its biggest monthly increase against the U.S. dollar since…
TSMC plans to make more advanced chips in US on Apple’s push – Bloomberg News
(Reuters) -Taiwan Semiconductor Manufacturing Co will offer advanced 4-nanometer chips when its new $12-billion plant in Arizona opens in 2024,…