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Probe into Mexico City metro crash blames “structural” failure
MEXICO CITY (Reuters) - Preliminary findings of an independent investigation into the deadly collapse of a Mexico City metro rail line last month showed the accident was caused by a structural fault, ...
Syndicated Content Jun 16, 2021
Credit Suisse names new heads of global M&A practice – memo
NEW YORK (Reuters) - Credit Suisse Group has named David Wah as global head of advisory and Cathal Deasy and Steven Geller as global co-heads of its mergers and acquisitions practice, according to a m...
Syndicated Content Jun 16, 2021
Myanmar village burned after fighting; residents blame security forces
(Reuters) - Security forces set ablaze a village in central Myanmar after clashing there with opponents of the ruling junta, leaving at least two elderly people burned to death, several village reside...
Syndicated Content Jun 16, 2021
Fed makes technical adjustments to keep benchmark rate within target range
By Jonnelle Marte (Reuters) - The Federal Reserve on Wednesday made technical adjustments aimed at keeping its key overnight benchmark interest rate from falling too low. The Fed raised the interest r...
Syndicated Content Jun 16, 2021
Explainer-U.S. Senate’s reconciliation process: it’s not the way it sounds
By Susan Cornwell WASHINGTON (Reuters) - U.S. Democrats are discussing using reconciliation, an arcane Senate procedural tool, to enact President Joe Biden's ambitious infrastructure plans, going beyo...
Syndicated Content Jun 16, 2021
FOMC maintains stimulus, brings rate hike forecast forward to 2023
NEW YORK (Reuters) - The Federal Reserve on Wednesday brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a long...
Syndicated Content Jun 16, 2021
U.S. administers 312.9 million doses of COVID-19 vaccines – CDC
(Reuters) - The United States has administered 312,915,170 doses of COVID-19 vaccines and distributed 375,186,675 doses in the country as of Wednesday morning, the U.S. Centers for Disease Control and...
Syndicated Content Jun 16, 2021
GM looking at longer-term supply contracts and partnerships related to chips – CFO
DETROIT (Reuters) - General Motors Co is looking at signing longer-term supply contracts or partnering with chip suppliers in the future to mitigate the impact it has seen from the global semiconducto...
Syndicated Content Jun 16, 2021
Dollar jumps after Fed pulls interest rate hikes into 2023
NEW YORK (Reuters) - The dollar jumped against a basket of currencies on Wednesday after the Federal Reserve brought forward its projections for the first post-pandemic interest rate hikes into 2023, ...
Syndicated Content Jun 16, 2021
U.S. judge orders ‘Three Percenter’ charged in Capitol riot released on bail
By Mark Hosenball WASHINGTON (Reuters) - A federal judge ordered a California man tied to the right-wing "Three Percenter" militia movement to be released from jail while he awaits trial on charges of...
Syndicated Content Jun 16, 2021
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