S&P cuts First Republic’s credit rating, says default a ‘virtual certainty’
(Reuters) – S&P Global on Tuesday slashed First Republic Bank’s credit rating deeper into junk territory after California banking regulators…
2023
Short investor Hindenburg erases fifth of Icahn empire’s value
By Manya Saini, Niket Nishant and Koh Gui Qing (Reuters) -Hindenburg Research, the short investor whose reports on companies have…
India’s Go First Airline Files For Bankruptcy, Blames Pratt & Whitney Engines
By Chris Thomas, Dhanya Skariachan and Tanvi Mehta BENGALURU (Reuters) -Cash-strapped Indian airline Go First filed for bankruptcy on Tuesday,…
India’s Go First airline files for bankruptcy, blames Pratt & Whitney engines
By Chris Thomas, Dhanya Skariachan and Tanvi Mehta BENGALURU (Reuters) -Cash-strapped Indian airline Go First filed for bankruptcy on Tuesday,…
Musk threatens to reassign NPR Twitter account, NPR says
(Reuters) – Twitter chief Elon Musk has “threatened” to reassign National Public Radio’s Twitter account to another company, the U.S.-based…
Australia March retail sales post slowest annual growth in 14 months
SYDNEY (Reuters) – Australian retail sales grew at their slowest annual pace in 14 months in March in a warning…
Colombia’s central bank raises 2023 inflation forecast to 9.5%
BOGOTA (Reuters) – Colombia’s central bank on Tuesday raised its outlook for 2023 inflation to 9.5% from 8.7%, reflecting persistent…
Singapore’s Keppel to drop conglomerate structure, targets $150 billion AUM by 2030
(Reuters) -Singapore’s Keppel Corp on Wednesday announced a major corporate restructuring, doing away with its conglomerate form and divide itself…
World’s apparel, sneakers hub Vietnam struggles as US ban on Xinjiang cotton bites
(This April 27 story has been corrected to clarify that the statement is attributed to FMC commissioner, not the Commission,…
Brazil working on solution for exports to Argentina, says minister
By Lisandra Paraguassu BRASILIA (Reuters) -Brazil offered on Tuesday to help cash-strapped Argentina and provide support to Brazilian exporters so…