Author Archives: Syndicated Content
Morning Bid: Unrushed Fed sees out buoyant Q1, dollar revs up
A look at the day ahead in U.S. and global markets from Mike Dolan With Wall St set for its final trading day of a bumper first quarter, the Federal Reserve seems in "no rush" to lower interest rates ...
Mar 28, 2024
The risky economics of living without homeowners insurance
By Chris Taylor NEW YORK (Reuters) - Owning a home can feel like risky business, from coming up with the mortgage payment every month to worrying about disasters like fires or floods or tornadoes. But...
Mar 28, 2024
Sam Bankman-Fried to be sentenced for multi-billion dollar FTX fraud
By Luc Cohen NEW YORK (Reuters) - Sam Bankman-Fried, the former billionaire cryptocurrency wunderkind, is set to be sentenced on Thursday over his conviction for stealing $8 billion from customers of ...
Mar 28, 2024
Events leading up to FTX founder Sam Bankman-Fried's conviction
By Luc Cohen NEW YORK (Reuters) - Sam Bankman-Fried is set to be sentenced on Thursday over his conviction on fraud charges stemming from the dramatic collapse of the FTX cryptocurrency exchange he fo...
Mar 28, 2024
Home Depot to buy SRS Distribution in $18.25 billion deal
(Reuters) - Home Depot said on Thursday it would buy building products distributor SRS Distribution in a deal valued at about $18.25 billion including debt. SRS serves professional customers such as r...
Mar 28, 2024
Ryanair boss says Boeing's Pope needed in production, not CEO role
By Olivier Sorgho KRAKOW, Poland (Reuters) - Ryanair CEO Michael O'Leary said he wants Boeing's new head of commercial airplanes division Stephanie Pope to stay in the role to fix production problems ...
Mar 28, 2024
Sri Lanka's key inflation rate falls to 0.9% in March
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka's key inflation rate fell to 0.9% year-on-year in March from 5.9% in February, the statistics department said on Thursday. The Colombo Consumer Price...
Mar 28, 2024
Analysis-Zambia's debt-rework battle scars mar its Common Framework success
By Libby George LONDON (Reuters) - Zambia's deal with bondholders this week suggests it will finally emerge from more than three years in default -- and become the first successful restructuring under...
Mar 28, 2024
Exclusive-SIX Group CEO rules out Allfunds bid amid M&A hunt
By Pablo Mayo Cerqueiro LONDON (Reuters) -SIX Group has ruled out making a bid for fund distribution group Allfunds after studying an acquisition, and will instead consider other deals that can expand...
Mar 28, 2024
US cryptocurrency ETF inflows pick up as bitcoin price recovers
By Suzanne McGee and Hannah Lang (Reuters) - Inflows into the nine recently launched exchange-traded funds (ETFs) tied to bitcoin have resumed their upward trajectory this week after the cryptocurrenc...
Mar 28, 2024
