Speed of US bank failures to play starring role in Fed, FDIC post-mortems
By Hannah Lang and Ann Saphir WASHINGTON/SAN FRANCISCO (Reuters) – Of all the facts that have emerged about last month’s…
Business
Factbox-Fed, FDIC reviews of US bank failures to spotlight problems, fixes
The failures of two large regional U.S. banks in mid-March blew a $22 billion hole in the nation’s deposit insurance…
Nordea Q1 profit tops forecast as interest rates rise
HELSINKI (Reuters) -The Nordic region’s biggest lender Nordea posted a larger than expected gain in first-quarter operating profits on Thursday,…
Toyota edges past 9.1 million vehicle output goal, warns chip shortage lingering
TOKYO (Reuters) – Japan’s Toyota Motor Corp set a global annual output record in the business year ended in March,…
Marketmind: US recession worries weigh in Asia
A look at the day ahead in European and global markets from Kevin Buckland Europe wakes up to more weakness…
Analysis-A stronger yen could jolt global markets
By Naomi Rovnick, Amanda Cooper and Harry Robertson LONDON (Reuters) – Investors are positioning for a regime change in global…
Tyson Foods to eliminate 10% of corporate jobs, 15% of senior leaders – memo
By Tom Polansek CHICAGO (Reuters) – Tyson Foods Inc will eliminate about 10% of corporate jobs and 15% of senior…
UK blocks Microsoft’s $69 billion Activision deal over cloud gaming concerns
By Paul Sandle LONDON (Reuters) – Britain will block Microsoft’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard…
Elon, or deepfake? Musk must face questions on Autopilot statements
By Hyunjoo Jin and Dan Levine (Reuters) -A California judge on Wednesday ordered Tesla CEO Elon Musk to be interviewed…
Powerful Brazilian lawmaker orders Americanas accounting probe
SAO PAULO (Reuters) – The head of Brazil’s lower house authorized on Wednesday the creation of a committee to investigate…