U.S. Fed may reverse rules that masked losses on SVB’s securities – WSJ
(Reuters) -U.S. Federal Reserve is considering ending an exemption that has allowed certain midsize banks to conceal losses on securities…
April 21, 2023
Tide maker P&G dialing up discounts as US consumers pull back
By Jessica DiNapoli NEW YORK (Reuters) – Doing laundry is a drag. But after two years of price hikes on…
U.S., Euro zone business activity accelerates to 11-month highs in April
By Lucia Mutikani and Jonathan Cable WASHINGTON/LONDON (Reuters) – U.S. and Euro zone business activity gathered pace in April, according…
Swedish central bank seen hiking by half percentage point to 3.5% next week- Reuters Poll
STOCKHOLM (Reuters) – Sweden’s central bank will hike its policy rate by a half a percentage point next week as…
Google Asks Judge To Toss Antitrust Charges In App Store Case
WASHINGTON (Reuters) – Alphabet Inc’s Google asked a court late Thursday to toss out several allegations made by Epic, Match…
Google asks judge to toss antitrust charges in app store case
WASHINGTON (Reuters) – Alphabet Inc’s Google asked a court late Thursday to toss out several allegations made by Epic, Match…
Mining M&A spree to keep Australia dealmaking humming after $37 billion in first quarter
By Melanie Burton and Scott Murdoch MELBOURNE (Reuters) – As automakers and chemicals suppliers scramble to secure raw materials, resource-rich…
Volkswagen increases Q1 sales despite weaker China business
BERLIN (Reuters) – Volkswagen significantly increased deliveries in the first quarter despite weaker business in China, its most important single…
Deloitte to cut 1,200 jobs in the US – FT
(Reuters) -Deloitte will cut around 1,200 jobs or 1.5% of its U.S. workforce, the Financial Times reported on Friday, citing…
Short-sellers sit on $1 billion loss on European banks in April
By Danilo Masoni and Joice Alves MILAN/LONDON (Reuters) -Short-sellers that bet against European banks are set to lose a billion…