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Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

Argentina looks to ease economic targets in IMF loan program, source says By Reuters

© Reuters. FILE PHOTO: People walk in front of a supermarket as Argentina’s Senate is set to debate a debt deal with the International Monetary

Bank Failures Rattle Market for Short-Term Lending
Finances

Bank Failures Rattle Market for Short-Term Lending

The underpinnings of the financial system and corporate funding for companies including Duke Energy are still thawing after last month’s banking crisis. Source link

Finances

Sri Lanka’s bondholders send debt rework proposal to government -sources By Reuters

© Reuters. FILE PHOTO: A man counts Sri Lankan rupees in a note counting machine at a money exchange counter in Colombo, Sri Lanka September

The World Is Volatile but Luxury Brands Look Serene
Finances

The World Is Volatile but Luxury Brands Look Serene

Hermès and LVMH beat high expectations for first-quarter sales. Source link

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Germany’s Buch seen as favorite to be new ECB top supervisor, sources say By Reuters

© Reuters. FILE PHOTO: The new German central bank (Bundesbank) vice-president Claudia Buch poses during a photocall at the Bundesbank headquarters in Frankfurt, May 20,

Stocks Slide Even as Big Banks Rally
Finances

Stocks Slide Even as Big Banks Rally

Earnings season kicked up a gear with reports from several banks including JPMorgan, which posted record revenue. Source link

Finances

US regulator calls for greater scrutiny of hedge funds after bond turmoil- FT By Reuters

© Reuters. FILE PHOTO: U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler testifies before the Senate Banking, Housing and Urban Affairs Committee during an

JPMorgan, Delta, Amazon: Stocks That Defined the Week
Finances

JPMorgan, Delta, Amazon: Stocks That Defined the Week

Markets Stocks Here are seven major companies whose stocks moved on the week’s news Source link

Cypriot regulator extends suspension of FTX license until end-Sep 2023
Finances

Cypriot regulator extends suspension of FTX license until end-Sep 2023

The Cyprus Securities and Exchange Commission (CySEC) announces an extension of the suspension of the Cyprus investment firm (CIF) authorisation of FTX (EU) Ltd until

Finances

China March new home prices rise at fastest pace in 21 months By Reuters

© Reuters. Workers walk past a construction site near residential buildings in Beijing, China April 14, 2022. Picture taken April 14, 2022. REUTERS/Tingshu Wang/File Photo