Today: September 22, 2024
Today: September 22, 2024

Finance

Business|Economy|Finance

Fed seeks feedback on emergency lending operations

The Federal Reserve said on Thursday it was seeking feedback on how it operates its "discount window," which is intended to provide emergency lending to banks

Fed seeks feedback on emergency lending operations
Americas|Economy|Finance|Stock Markets

Mexico bank regulator approves details of stock market reform

The board of Mexican bank regulator CNBV on Thursday approved the terms of a stock market reform passed last year, Deputy Finance Minister Gabriel Yorio, who spearheaded the

Mexico bank regulator approves details of stock market reform
Election|Finance

Harris campaign raises $300 million in August, NBC reports

Democrat Kamala Harris' campaign for U.S. president raised more than $300 million in the month of August, more than twice as much as her Republican opponent Donald Trump raised during the

Harris campaign raises $300 million in August, NBC reports
Business|Europe|Finance

Ex-UK trader loses lawsuit against Deutsche Bank over bonus dispute

A former Deutsche Bank trader on Thursday lost her London lawsuit against the bank for just over 2.6 million pounds ($3.4 million) after she was not paid an individual bonus nearly

Ex-UK trader loses lawsuit against Deutsche Bank over bonus dispute
Business|Finance

Stellantis to invest $385 million in Argentine plant

Automaker Stellantis will invest $385 million in its plant in the province of Cordoba, Argentina, between 2025 and 2030, the firm's South America head Emanuele Cappellano said on

Stellantis to invest $385 million in Argentine plant
Business|Entertainment|Finance

Paramount's Redstone to reap $180 million in severance, benefits, Bloomberg News reports

Paramount Global's chair, Shari Redstone, will receive $180 million in severance and other benefits on top of millions from the sale of her stock in National Amusements to Skydance Media,

Paramount's Redstone to reap $180 million in severance, benefits, Bloomberg News reports
Business|Finance

JPMorgan names new co-heads of mid-cap M&A unit

JPMorgan Chase has named Andrew Castaldo and Andrew Martin as co-heads of mid-cap mergers and acquisitions unit, housed within its commercial and investment bank, according to an internal

JPMorgan names new co-heads of mid-cap M&A unit
Business|Finance|Technology

Vista and Blackstone in talks to acquire software maker Smartsheet, sources say

A private equity consortium including Vista Equity Partners and Blackstone is in talks to acquire Smartsheet, a U.S. maker of workplace collaboration software with

Vista and Blackstone in talks to acquire software maker Smartsheet, sources say
Business|Economy|Finance

Egypt's central bank leaves overnight interest rates steady

Egypt's central bank as expected left its overnight interest rates on hold on Thursday, saying inflation pressures had subsided but that economic growth had softened.

Egypt's central bank leaves overnight interest rates steady
Education|Finance|News

US judge temporarily blocks new Biden student debt relief plan

A U.S. judge on Thursday temporarily blocked President Joe Biden's administration from implementing its latest student debt forgiveness plan, just days after seven

US judge temporarily blocks new Biden student debt relief plan
Economy|Finance

Cash could stay attractive for months despite rate cuts, JP Morgan says

Looming interest rate cuts may not immediately spur a rush out of cash-like instruments, as yields on some shorter-dated government bonds could take months to

Cash could stay attractive for months despite rate cuts, JP Morgan says
Business|Economy|Finance|News

US charges Russian TV contributor Dimitri Simes with sanctions violations

The U.S.

US charges Russian TV contributor Dimitri Simes with sanctions violations
Business|Economy|Finance

Brazil's central bank sees stronger growth, higher FX since latest policy meeting

Brazil's central bank's director of economic policy said on Thursday that since their latest interest rate-setting meeting, policymakers have observed stronger economic growth in

Brazil's central bank sees stronger growth, higher FX since latest policy meeting
Business|Finance|Stock Markets

CBOE partners with UK firm to launch U.S. private share trading platform, Bloomberg News reports

Derivatives exchange operator CBOE is partnering with a London-based tech firm, Globacap, to create a U.S. trading platform for shares of closely held companies, Bloomberg News reported on

CBOE partners with UK firm to launch U.S. private share trading platform, Bloomberg News reports
Economy|Finance

Central American development bank sues ex-president in US, claiming extortion, abuse of power

The Central American Bank for Economic Integration said on Thursday it filed a lawsuit against its former president in U.S. district court that accuses him of attempted extortion and

Central American development bank sues ex-president in US, claiming extortion, abuse of power
Business|Finance

OPEC+ agrees to delay October oil output hike for two months

OPEC+ has agreed to delay a planned oil output increase for October and November, the producers group said on Thursday after crude

OPEC+ agrees to delay October oil output hike for two months
Business|Crime|Finance

Short seller Andrew Left's fraud trial moved to September 2025

Prominent activist short seller Andrew Left will face trial in September 2025 over allegations he committed fraud, after his lawyers and U.S. prosecutors agreed to push back the

Short seller Andrew Left's fraud trial moved to September 2025
Business|Finance

Fitch shifts outlook on global reinsurers to neutral

Fitch has changed its outlook on global reinsurers to neutral from improving, adding on Thursday it expected the sector to remain strong but that prices had probably

Fitch shifts outlook on global reinsurers to neutral
Business|Economy|Finance|Stock Markets

Why investors are on edge ahead of Friday’s jobs report

Why investors are on edge ahead of Friday’s jobs report

Why investors are on edge ahead of Friday’s jobs report
Business|Economy|Finance|News

US bank profits jump but watchdog warns of stress

The U.S. banking industry recorded higher profits in the second quarter of 2024, but the Federal Deposit Insurance Corporation on Thursday identified several

US bank profits jump but watchdog warns of stress
Business|Finance

Applied Digital surges 65% on funding deal with investors, including Nvidia

Applied Digital shares soared nearly 65% to hit their highest level in more than a month on Thursday, after the data center operator said it would receive $160 million in financing from a

Applied Digital surges 65% on funding deal with investors, including Nvidia
Africa|Economy|Finance|News|World

China is not pushing Africa into debt trap, South African president says

South African President Cyril Ramaphosa said on Thursday that he did not believe Chinese investments in Africa were pushing the continent into a "debt trap" but were

China is not pushing Africa into debt trap, South African president says
Business|Entertainment|Finance|Lifestyle|News|Stock Markets

Cable news channel Newsmax confidentially files for US IPO

Conservative U.S. cable news channel Newsmax said on Thursday it had confidentially filed for an initial public offering in the United States. Expected rate cuts by the U.S.

Cable news channel Newsmax confidentially files for US IPO
Africa|Economy|Finance

World Bank, French Development Agency give Uganda aid of over $600 million

The World Bank and French Development Agency (AFD) have given Uganda more than $600 million to fund infrastructure development and manage waste in the capital Kampala, the

World Bank, French Development Agency give Uganda aid of over $600 million
Business|Finance|News

Venezuela's oil exports climb to four-year high in August

Venezuela's August oil exports hit their highest in more than four years, according to shipping data, fueled by expanded shipments

Venezuela's oil exports climb to four-year high in August

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