Author Archives: Syndicated Content
Bank of America, Morgan Stanley win dismissal of metals spoofing litigation
By Jonathan Stempel NEW YORK (Reuters) - A federal judge in Manhattan on Thursday dismissed litigation by traders and trading firms accusing Bank of America Corp and Morgan Stanley of manipulating the...
Mar 04, 2021
U.S. debt burden to reach 202% of GDP in 2051, CBO projects
WASHINGTON (Reuters) - The U.S. federal debt burden will double over the next 30 years, reaching 202% of economic output in 2051, as deficits grow and interest rates eventually rise, the Congressional...
Mar 04, 2021
EU to propose revision of its fiscal rules in H2 2021
By Jan Strupczewski BRUSSELS (Reuters) - The European Commission will propose towards the end of the year how to simplify the European Union's complex budget rules, cut accumulated debt and boost inve...
Mar 04, 2021
Exclusive: U.S. blocked Myanmar junta attempt to empty $1 billion New York Fed account – sources
By Simon Lewis and Humeyra Pamuk WASHINGTON (Reuters) - Myanmar's military rulers attempted to move about $1 billion held at the Federal Reserve Bank of New York days after seizing power on Feb. 1, pr...
Mar 04, 2021
Square to pay $297 million for majority stake in rapper Jay Z’s Tidal
(Reuters) - Payments firm Square Inc on Thursday agreed to buy a majority ownership stake in Tidal, a music streaming service owned by rapper Jay Z, for $297 million in cash and stock. Square, co-foun...
Mar 04, 2021
Cost of borrowing U.S. Treasuries in repo market goes negative, indicating stress: analysts
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The cost of borrowing U.S. Treasuries in the overnight repurchase agreement, or repo market, went negative on Thursday, analysts said, caused by the re...
Mar 04, 2021
White House: pause on U.S.-UK tariffs meant to create negotiating space
WASHINGTON (Reuters) - The decisions by Britain and the United States to suspend retaliatory tariffs will create space for negotiations on an ongoing large civilian aircraft dispute, White House Press...
Mar 04, 2021
YouTube will lift ban on Trump channel when risk of violence decreases: CEO
By Elizabeth Culliford (Reuters) - Alphabet Inc's YouTube will lift its suspension on former U.S. President Donald Trump's channel when it determines the risk of real-world violence has decreased, the...
Mar 04, 2021
Alien ‘super-Earth’ may offer clues about atmospheres on distant worlds
By Will Dunham WASHINGTON (Reuters) - Scientists have spotted a planet orbiting a star relatively near our solar system that may offer a prime opportunity to study the atmosphere of a rocky Earth-like...
Mar 04, 2021
Clash over Myanmar representation at U.N. averted for now
By Michelle Nichols NEW YORK (Reuters) - A clash over who represents Myanmar at the United Nations in New York after a Feb. 1 military coup was averted - for now - after the junta's replacement quit a...
Mar 04, 2021
