Fifth Third Bancorp tops profit estimates on strong interest income
(Reuters) – Fifth Third Bancorp on Thursday posted a better-than-expected second-quarter profit, as interest rate hikes by the U.S. central…
July 20, 2023
D.R. Horton lifts annual revenue forecast on sturdy housing demand
(Reuters) – D.R. Horton Inc on Thursday raised its forecast for full-year revenue and homes closed, benefiting from strong demand…
Thailand to hold vote on PM next week as Pita’s hopes fade
By Panarat Thepgumpanat and Chayut Setboonsarng BANGKOK (Reuters) – Thailand’s parliament will hold another vote for a prime minister next…
Global hedge funds ditch losing trades after failing to beat the MSCI – Goldman
By Nell Mackenzie LONDON (Reuters) – Global hedge funds exited trades in the past week at their fastest pace since…
Fed’s top regulatory official faces uphill battle to overhaul bank capital
By Pete Schroeder WASHINGTON (Reuters) -A plan by the top U.S. banking cop to make the sector more resilient may…
Transatlantic travel sets up European airlines for bumper earnings
By Joanna Plucinska and Rajesh Kumar Singh LONDON/CHICAGO (Reuters) – North American tourists thronging the streets of Europe’s top destinations…
BoE reports second-biggest usage of short-term liquidity repo
LONDON (Reuters) – The Bank of England allotted 1.2 billion pounds ($1.55 billion)of one-week funds in its short-term repo (STR)…
Paris success in attracting London banks boosts balance of payments
PARIS (Reuters) – France’s post-Brexit success in attracting banks from London to Paris has exceeded expectations and is increasingly showing…
Analysis-US-China climate talks brought goodwill, modest progress
By Valerie Volcovici and David Stanway BEIJING/SINGAPORE (Reuters) – Climate talks this week between China and the United States were…
New Zealand shooter kills two ahead of Women’s Soccer World Cup
By Amy Tennery, Irene Wang, Nathan Frandino and Praveen Menon AUCKLAND (Reuters) -At least two people and an armed attacker…