Author Archives: Syndicated Content
Top Republican on Senate antitrust panel promises oversight of grocery deal
WASHINGTON (Reuters) - The top Republican on a U.S. Senate antitrust panel, Senator Mike Lee, promised on Friday that there would be significant oversight of a plan by Kroger Co to buy rival Albertson...
Oct 14, 2022
Fed’s George repeats call for steadier and slower path of rate hikes
By Lindsay Dunsmuir (Reuters) - The Federal Reserve should more slowly and steadily raise interest rates to allow time for its policy actions to seep through the economy and minimize market volatility...
Oct 14, 2022
Abbott recalls some ready-to-feed baby formula over bottle defect
(Reuters) - Abbott Laboratories said on Friday it was recalling some ready-to-feed baby formula products including Similac-branded items due to inadequate sealing of some bottle caps. The recall equat...
Oct 14, 2022
US Treasury asks major banks if it should buy back U.S. government bonds
(Reuters) -The U.S. Treasury Department is asking primary dealers of U.S. Treasuries whether the government should buy back some U.S. government bonds to improve liquidity in the $24 trillion market. ...
Oct 14, 2022
SpaceX capsule leaves Space Station, to bring 4 astronauts back to Earth
By Steve Gorman (Reuters) - The fourth long-duration astronaut team launched by SpaceX to the International Space Station (ISS) for NASA departed the orbiting outpost on Friday to begin their flight b...
Oct 14, 2022
A U.S. central bank digital currency isn’t necessary for dollar supremacy- Fed’s Waller
(Reuters) - Creating a U.S. central bank digital currency is likely not important to the long-term status of the U.S. dollar, Federal Reserve Governor Christopher Waller said Friday. In a speech durin...
Oct 14, 2022
Monte dei Paschi to pay 125 million euros in fees for share sale
MILAN (Reuters) - Italy's Monte dei Paschi di Siena said a new share sale to raise up to 2.5 billion euros ($2.4 billion) would cost it 132 million euros, mostly due to fees paid to financial institut...
Oct 14, 2022
Wall Street hires more bankers despite economic gloom
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) - When Jamie Dimon was asked by an analyst on Friday if his bank would wait to hire employees for lower pay as the economy slows, the chief executiv...
Oct 14, 2022
Spain broke law returning migrants to Morocco during deadly mass border crossing – ombudsman
MADRID (Reuters) - Spanish authorities failed to uphold domestic and international law in returning to Morocco nearly 500 migrants following a mass border crossing in which at least 23 people died, th...
Oct 14, 2022
Jeremy Hunt brought in from the cold to be UK’s new finance minister
By Alistair Smout, Michael Holden and Elizabeth Piper LONDON (Reuters) - Jeremy Hunt was named Britain's new finance minister on Friday, the latest senior ministerial role for the self-proclaimed entr...
Oct 14, 2022
