Treasury’s Yellen says US overdependent on China for critical supply chains
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday the United States has become overly dependent on China…
October 2023
BP explores $1 billion US pipelines stake sale -sources
By Shariq Khan, David French and Ron Bousso (Reuters) – BP Plc is exploring the sale of a 49% stake…
PNC Bank buys $16.6 billion capital commitment portfolio from Signature Bridge Bank
(Reuters) -PNC Financial Services’ banking unit said on Tuesday that it had bought a portfolio of capital commitments from Signature…
Special Report-WhatsApp to war: How Cubans were recruited to fight for Russia
By Dave Sherwood LA FEDERAL, Cuba (Reuters) – Cuban seamstress Yamidely Cervantes has bought a new sewing machine for the…
Fed policymakers see rates staying high for ‘some time’
By Ann Saphir (Reuters) -U.S. Federal Reserve officials say that monetary policy will need to stay restrictive for “some time”…
Gold extends fall as strong dollar, higher US rates take toll
Gold extended its decline for a sixth straight session on Monday to hit a near seven-month trough, as a…
Oil tumbles 2% to 3-week low on strong dollar, profit taking
By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% on Monday to a three-week low as a higher-priced…
Explainer-How hardline US House Republicans could strip Kevin McCarthy of speakership
WASHINGTON (Reuters) -Republican U.S. House of Representatives Speaker Kevin McCarthy faces an attempt by members of his own party to…
China Gold demand robust; India buyers unimpressed by price dip
Physical gold premiums eased slightly in top consumer China this week, but remained elevated on high investor demand amid…
Ackman’s SPARC is seeking new deals with private companies
(Reuters) – Pershing Square SPARC Holdings Ltd, said that it will pursue business combinations with privately-held companies after receiving regulatory…