US supply chain woes shift and persist in 2023
By Lisa Baertlein CHICAGO (Reuters) -The U.S. supply chain is healing from early pandemic shocks that sent shipping costs skyrocketing
2023-05-18 02:15
Brazil's antitrust watchdog approves L'Oreal deal to buy Aesop
SAO PAULO Brazil's antitrust regulator Cade on Wednesday recommended the approval of the sale of Natura & Co's
2023-05-18 01:59
Credit Suisse bond wipe-out will not trigger credit insurance payout
By Chiara Elisei LONDON (Reuters) -Holders of credit insurance linked to Credit Suisse bonds will not get a payout after
2023-05-18 01:59
Bank CEOs huddle with Schumer on the debt ceiling
Senate Majority Leader Chuck Schumer urged JPMorgan Chase CEO Jamie Dimon and other leading bank executives during a meeting on Wednesday to push all members of Congress to take the threat of a disastrous default off the table, a person familiar with the matter told CNN.
2023-05-18 01:50
Exclusive-Qatar fund explored claims against Switzerland for Credit Suisse losses
By Stefania Spezzati, Paritosh Bansal and America Hernandez Qatar's sovereign wealth fund, Credit Suisse's second-largest investor, has explored
2023-05-18 01:27
Exceptional rains in drought-struck northern Italy kill 8, cancel Formula One Grand Prix
Officials say eight people are now confirmed dead in northern Italy following floods from rain-swollen rivers
2023-05-18 01:17
Twitter is purging inactive accounts including people who have died, angering those still grieving
Elon Musk announced last week Twitter would be “purging accounts that have had no activity at all for several years.”
2023-05-18 01:15
Kraft Heinz wants you to mix flavors in your ketchup
Nearly 15 years ago, Coca-Cola starting letting soda fans mix their own flavors with its Freestyle fountains. Now, Kraft Heinz wants to do the same for dipping sauces.
2023-05-18 00:57
U.S. Republican-led states move to block Biden ESG investing rule
By Daniel Wiessner A group of Republican-led U.S. states has asked a federal judge in Texas to strike
2023-05-18 00:56
CDS Panel Says Credit Suisse AT1 Wipeout Won’t Prompt Payout
A panel tasked with overseeing the credit default swaps market said that the write down of Credit Suisse
2023-05-18 00:52
Treasury's Plunging Cash Pile Raises Risk of Early June X-Date
A faster-than-expected decline in the US Treasury Department’s cash balance is leading market participants to question whether the
2023-05-18 00:51
Swiss parliament to investigate Credit Suisse collapse
ZURICH Credit Suisse's collapse and its takeover by UBS will be investigated by a parliamentary commission (PUK), the
2023-05-18 00:47