Congresswoman Waters ‘deeply concerned’ about PayPal’s stablecoin launch
(Reuters) – Democrat Congresswoman Maxine Waters said on Wednesday she was “deeply concerned” about payment giant PayPal launching its own…
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US dollar inches lower ahead of inflation report
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar drifted lower on Wednesday in thin rangebound trading, with investors…
Oil hits new highs on US fuel demand, tighter supply
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices hit new peaks on Wednesday with the global Brent benchmark touching its highest…
Hedge fund Viking reopens flagship fund after decade -sources
By Carolina Mandl NEW YORK (Reuters) -U.S.-based Viking Global Investors has reopened its flagship long/short hedge fund for new capital…
Cat bond funds ranked among 2023’s top-performing credit funds
By Nell Mackenzie LONDON (Reuters) – Catastrophe bond funds rank among the 10 best performing credit funds this year, as…
Turkey net FX reserves seen rising again as policy U-turn continues
By Nevzat Devranoglu and Orhan Coskun ANKARA (Reuters) – Turkey’s net foreign exchange reserves surged nearly $5 billion last week,…
U.S. judge greenlights Nio investor class action over factory claims
By Jody Godoy (Reuters) – Nio Inc investors can proceed as a class in a lawsuit claiming the Chinese electric…
Costs from supply chain disruptions drop by over 50% but headwinds remain -survey
(Reuters) -Financial losses due to supply chain disruptions dropped more than 50% on average in 2022, compared with a year…
Pakistan court rejects jailed Imran Khan’s plea to suspend conviction
By Asif Shahzad ISLAMABAD (Reuters) -A Pakistani high court on Wednesday turned down an appeal by jailed former prime minister…
UN aid set to resume aid to NW Syria after ‘understanding’ with Damascus
By Maya Gebeily BEIRUT (Reuters) – The United Nations is set to resume aid deliveries into rebel-held northwestern Syria via…