U.S. banks sink on concerns about office real estate loans
By Sinéad Carew (Reuters) -Shares of large and mid-sized U.S. banks sharply underperformed the broader market on Wednesday with the…
Economy
Argentina studies launch of a voluntary asset conversion operation
(Reuters) – Argentina’s economy ministry is analyzing the launch of a voluntary asset conversion operation, it said in a statement…
OPEC has not invited Reuters, Bloomberg to report on weekend policy meets
DUBAI/LONDON (Reuters) -OPEC has not invited Reuters or Bloomberg news agencies to report on ministerial meetings in Vienna this weekend…
McConnell says he expects debt ceiling bill to pass House on Wednesday
WASHINGTON (Reuters) – U.S. Senate Republican leader Mitch McConnell said he expected the debt ceiling bill to pass the House…
Bank of Mexico eyes ‘prolonged’ interest rate hold, higher growth
By Brendan O’Boyle and Isabel Woodford MEXICO CITY (Reuters) -Mexico’s central bank on Wednesday signaled it would hold the benchmark…
Exclusive-US set to allow GE to make engines in India for New Delhi’s military jets
By Trevor Hunnicutt, Krishn Kaushik and Rajesh Kumar Singh WASHINGTON/NEW DELHI (Reuters) – The Biden administration is poised to sign…
Marketmind: June starts on a nervous note
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A batch of…
US asks Mexico to review alleged denial of workers’ rights at Draxton facility
By Kanishka Singh WASHINGTON (Reuters) – The United States has asked Mexico to review whether workers at a Draxton facility…
EU to propose greater transparency for default swaps on eight banks
By Huw Jones LONDON (Reuters) -The European Commission will propose greater transparency in the trading of credit default swaps of…
Bunge, Viterra merger would create global agriculture trading giant
By Karl Plume (Reuters) – A merger of U.S. grains merchant Bunge Ltd with rival Viterra would grow the combined…