Author Archives: Syndicated Content
European stocks fall as rate hike worries seep back in
By Sruthi Shankar (Reuters) -European stocks slumped on Thursday, with most cyclical parts of the market coming back down, a day after U.S. inflation data fuelled worries about the impact of rising in...
May 12, 2022
Former U.S. mafia member will share his story on UK tour
LONDON (Reuters) - Michael Franzese was a high ranking member of the Italian-American Colombo crime family before he walked away from his life in the mafia nearly 30 years ago. Since then, Franzese ha...
May 12, 2022
Rugby-World Cup awards show U.S. is rugby’s ‘golden nugget’
By Mitch Phillips LONDON (Reuters) - The United States and the women's game have been identified as massive potential growth areas for rugby and awarding the 2031 men's and 2035 women's World Cups to ...
May 12, 2022
SEC’s Hester sees ‘movement’ on U.S. stablecoin regulations
LONDON (Reuters) - A top official at Wall Street watchdog the Securities and Exchange Commission (SEC) signalled on Thursday that stricter rules around crypto "stablecoins" could be drawing closer. Cr...
May 12, 2022
Renault says split-off electric unit could employ 10,000 staff by 2023
PARIS (Reuters) -French carmaker Renault on Thursday said the two business units that would result from its planned separation of electric and conventional car production could each employ 10,000 staf...
May 12, 2022
Sudanese protests resume as moves for political deal falter
KHARTOUM (Reuters) - Security forces fired tear gas and stun grenades at protesters who rallied against Sudan's military rulers on Thursday, as diplomatic moves to broker a political solution to a pos...
May 12, 2022
Bank of Canada says rates are too stimulative, may need to go above neutral
By Julie Gordon and David Ljunggren OTTAWA (Reuters) - The Bank of Canada's policy rate, at 1%, is "too stimulative" given soaring inflation and interest rates may need to go above neutral because par...
May 12, 2022
U.S. Senate panel to question Fed nominee Barr on May 19
WASHINGTON (Reuters) - President Joe Biden's second pick to serve as the top regulatory official at the Federal Reserve will be questioned by the U.S. Senate Banking Committee on May 19, according to ...
May 12, 2022
Explainer-What are stablecoins, the asset rocking the cryptocurrency market?
By Elizabeth Howcroft LONDON (Reuters) - Most cryptocurrencies have a major problem with price volatility, but one sub-category of coins is designed to maintain a constant value: stablecoins. As crypt...
May 12, 2022
Mayor, owners jailed for deadly Romania nightclub fire
By Luiza Ilie BUCHAREST (Reuters) - A Bucharest court handed down prison sentences on Thursday to a mayor of a district in the capital and the owners of a nightclub where a 2015 fire killed 65 people ...
May 12, 2022
