Treasury: US banks have ‘substantial’ liquidity, deposit flows are stable
WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday said it was continuing to monitor market developments amid sharp drops…
Business
US jobs market softening; slumping productivity boosts labor costs
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits increased last week as…
Albemarle aims to use new lithium tech in Chile as govt broadens control
By Ernest Scheyder (Reuters) – Albemarle Corp plans to deploy new lithium filtration technologies in Chile as the government moves…
US retailers cut most number of jobs in April -report
(Reuters) -U.S. retailers replaced technology firms in cutting the most number of jobs in April, as companies show little signs…
TD pulls $13.4 billion First Horizon purchase, leaves U.S. bank in limbo
By Nivedita Balu and Niket Nishant (Reuters) – Canada’s Toronto-Dominion Bank Group on Thursday called off its $13.4 billion takeover…
Denmark’s central bank raises key rate, following ECB hike
COPENHAGEN (Reuters) – Denmark’s central bank raised its key interest rate by 0.25 percentage points to 2.85% on Thursday, following…
Largest banks doing big deals not ideal, FRC an exception – Powell
NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said it was probably good policy that the largest banks are…
Inflation has passed its peak in Germany as energy prices ease – Econ Min
BERLIN (Reuters) – Inflation has passed its peak in Germany as energy prices have eased, German Economy Minister Robert Habeck…
Bud maker’s profit jumps as customers absorb higher prices
By Philip Blenkinsop BRUSSELS (Reuters) -Anheuser-Busch InBev, the world’s largest brewer, reported higher than expected first-quarter earnings on Thursday as…
Embraer posts net loss in seasonally weaker Q1; shares fall
By Gabriel Araujo SAO PAULO (Reuters) -Embraer SA widened its net loss in the first quarter from a year ago,…