NEW YORK (Reuters) – U.S. interest rate futures on Wednesday have priced in a pause in Federal Reserve tightening at the June and July policy meetings, according to the CME’s FedWatch tool, after the U.S. central bank raised interest rates by 25 basis points and signaled it may hold off on further increases. The Fed’s…
By Anirban Sen, Jaiveer Shekhawat and Lananh Nguyen (Reuters) – Goldman Sachs Group Inc has named Kim Posnett as the head of its global technology, media and telecommunications (TMT) investment banking group, according to an internal company memo. Posnett, who joined Goldman in 2005 and became a partner in 2016, has held several top roles…
MILAN (Reuters) – UniCredit will use restructuring charges it is set to book this year to fund voluntary exits after receiving some 1,900 requests from staff late last year of which it met less than half, two people close to the matter said. In reporting stronger-than-expected quarterly results, UniCredit on Wednesday raised its profit goal…
WASHINGTON (Reuters) -The United States is offering a $10 million reward for information leading to the arrest of a Russian national charged with operating a Web platform key to the trade in stolen credit cards, the State Department said on Wednesday. An indictment unsealed on Wednesday in federal court in Brooklyn charged Denis Gennadievich Kulkov…
MOSCOW/KYIV (Reuters) – Russia accused Ukraine on Wednesday of a failed attempt to assassinate President Vladimir Putin in a drone attack on the Kremlin citadel in Moscow, and threatened to retaliate. Ukrainian President Volodymyr Zelenskiy said Kyiv had nothing to do with the reported overnight incident. “We don’t attack Putin, or Moscow, we fight on…
DUBAI (Reuters) -Iran seized a second oil tanker in a week on Wednesday in Gulf waters, and the U.S. State Department called for its release, in the latest escalation in a series of seizures or attacks on commercial vessels in Gulf waters since 2019. The Bahrain-based Fifth Fleet of the U.S. Navy said the Panama-flagged…
NEW YORK (Reuters) – The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and signaled it may pause further increases, giving officials time to assess bank failures, how the Washington standoff over the U.S. debt ceiling plays out, the course of inflation. The U.S. central bank lifted it’s benchmark…
DAMASCUS (Reuters) -Iranian President Ebrahim Raisi met counterpart Bashar al-Assad in Damascus on Wednesday in the first visit by an Iranian head of state since Syria’s war began in 2011, underlining close ties as Syrian relations with Arab states thaw. With military and economic support from both Iran and Russia, Assad regained control of most…
By James Oliphant WASHINGTON (Reuters) -Republican Florida Governor Ron DeSantis had counted on a productive state legislative session this spring to turbocharge his coming 2024 presidential bid. Things haven’t quite worked out that way. As the two-month session draws to a close this week, DeSantis is arguably in worse political shape than he was when…
WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Wednesday accused Meta’s Facebook of misleading parents about protections for children and proposed tightening an existing agreement on privacy to include a ban on making money from minors’ data. Specifically, the FTC said Facebook misled parents about how much control they had over who their children…
