By Hannah Lang (Reuters) – Silvergate Capital Corp reported a net loss of $1 billion in the fourth quarter, after…
Citi CEO says Fed could slow interest rate hikes by early summer – CNBC
(Reuters) – Citigroup Inc Chief Executive Officer Jane Fraser said the U.S. Federal Reserve could slow rate hikes in late…
Boeing, Airbus hit back over criticism of delivery delays
By Padraic Halpin DUBLIN (Reuters) – The world’s two largest planemakers defended themselves on Tuesday following criticism over delivery delays,…
U.S. household spending gains moderated in December, NY Fed says
By Michael S. Derby NEW YORK (Reuters) – American households are cutting back on spending, but are doing so from…
New York state manufacturing plunges in January
By Lucia Mutikani WASHINGTON (Reuters) -New York state manufacturing contracted sharply in January as orders collapsed and employment growth stalled,…
Deutsche Bank names new compliance head from Barclays
FRANKFURT (Reuters) – Deutsche Bank has appointed a Barclays executive to oversee compliance at Germany’s largest lender, according to an…
Peloton names former Twitter executive Leslie Berland as Chief Marketing Officer
(Reuters) – Peloton Interactive Inc named former Twitter Inc executive Leslie Berland as Chief Marketing Officer on Tuesday, as the…
Disney braces for boardroom battle
(Reuters) – Activist investor Nelson Peltz last week bid for a seat on the board of Walt Disney Co, stirring…
Russia’s McDonald’s successor applies for trademark in Kazakhstan
ASTANA (Reuters) – Vkusno & tochka, the Russian successor brand to McDonald’s, has applied to have its trademarks registered in…
India’s Russian oil binge drags down OPEC’s share to lowest in 2022
By Nidhi Verma NEW DELHI (Reuters) – Russia became the third-largest oil supplier to India in 2022, making up about…