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Economy

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US rate futures price in Fed pause in June, July; see September cut

The Cheap InvestorMay 3, 2023May 3, 20230

NEW YORK (Reuters) – U.S. interest rate futures on Wednesday have priced in a pause in Federal Reserve tightening at…

  • Business
  • Economy

Goldman Sachs names Kim Posnett as global TMT head

The Cheap InvestorMay 3, 2023May 3, 20230

By Anirban Sen, Jaiveer Shekhawat and Lananh Nguyen (Reuters) – Goldman Sachs Group Inc has named Kim Posnett as the…

  • Business
  • Economy

Instant View: Fed hikes another 25 basis points, hints it may be the last increase

The Cheap InvestorMay 3, 2023May 3, 20230

NEW YORK (Reuters) – The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and…

  • Business
  • Economy

Exclusive-EQT sounds out banks to manage LimaCorporate IPO – sources

The Cheap InvestorMay 3, 20230

By Pablo Mayo Cerqueiro and Andres Gonzalez LONDON (Reuters) – Private equity house EQT is weighing options including a possible…

  • Asia
  • Business

Oil falls 4%, extending losses after Fed rate hike

The Cheap InvestorMay 3, 2023May 3, 20230

By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell 4% on Wednesday, extending steep losses from the previous session after…

  • Business
  • Economy

U.S. SEC adopts new rules around private fund disclosures, share buybacks

The Cheap InvestorMay 3, 2023May 3, 20230

By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday adopted new disclosure rules for…

  • Business
  • Economy

Carlsberg agrees to pay 50 million euro fine in German price-fixing case

The Cheap InvestorMay 3, 2023May 3, 20230

COPENHAGEN (Reuters) – Danish brewer Carlsberg has reached a settlement with German authorities and agreed to pay a 50 million-euro…

  • Business
  • Economy

UBS aims to close Credit Suisse deal by end of May, early June-CEO

The Cheap InvestorMay 3, 2023May 3, 20230

ZURICH (Reuters) -UBS Chief Executive Sergio Ermotti said on Wednesday that the Swiss bank was working on closing its merger…

  • Business
  • Economy

UBS weighed Credit Suisse deal as early as December – SEC filing

The Cheap InvestorMay 3, 2023May 3, 20230

By Noele Illien ZURICH (Reuters) -UBS was considering the potential impact of buying struggling rival Credit Suisse as early as…

  • Business
  • Economy

Adobe’s $20 billion Figma buyout deal under UK competition watchdog scanner

The Cheap InvestorMay 3, 2023May 3, 20230

(Reuters) – Britain’s competition watchdog said on Wednesday it was looking into Adobe Inc’s $20 billion buyout deal for cloud-based…

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