Highlights from the Fed review of SVB oversight
(Reuters) – The Federal Reserve issued a detailed and scathing assessment on Friday of its failures to identify problems and…
Economy
Foreign tourism to Portugal has best first quarter ever
LISBON (Reuters) – The number of foreign tourists visiting Portugal surpassed 2.8 million from January through March, making it the…
TIM to seek new round of higher bids for landline grid – sources
MILAN (Reuters) – Telecom Italia (TIM)’s CEO Pietro Labriola is expected to propose to directors to seek further improvements of…
Trading turbulence in banking sector: five hedge fund ideas
(Fixes typographical error in Maliagros) By Summer Zhen, Carolina Mandl and Nell Mackenzie HONG KONG/LONDON (Reuters) -Five hedge funds interviewed…
Investors pile into cash, but snap up Chinese stocks in tricky markets
LONDON (Reuters) – Uncertainty over the economic outlook and the banking sector prompted investors to move money back into cash…
Global money market funds see big inflows in the week to April 26
(Reuters) – Investors put their cash in the relative safety of global money market funds in the seven days to…
US money market funds see biggest weekly inflow in four weeks
(Reuters) – U.S. money market funds drew massive inflows in the week to April 26 as investors preferred safer assets…
World’s biggest bond markets left picking up the pieces after March mayhem
By Yoruk Bahceli and Davide Barbuscia AMSTERDAM/NEW YORK (Reuters) – In mid-March, as prices for U.S. Treasury bonds swung wildly…
Microsoft signs 10-yr deal with Spain’s Nware after UK blocks Activision bid
(Reuters) -Microsoft Corp said on Friday it signed a 10-year deal with Nware to bring Xbox and Activision Blizzard games…
US House votes to repeal Biden solar tariff waiver
(Reuters) – The U.S. House of Representatives on Friday voted to repeal President Joe Biden’s suspension of tariffs on solar…