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Leveraged bets in US Treasury market could ‘amplify’ stress, BoE warns
By David Randall NEW YORK (Reuters) - Large leveraged bets by hedge funds in the U.S. Treasury market could "amplify stress" in global financial markets should rates markets move sharply, the Bank of ...
Syndicated Content Jul 12, 2023
Italy’s Meloni to meet President Biden later this month
VILNIUS (Reuters) - Italian Prime Minister Giorgia Meloni will this month make her first official visit to the United States since taking office last year, she said on Wednesday. Meloni has been invit...
Syndicated Content Jul 12, 2023
US Senate committee votes to approve key FCC nominee
By David Shepardson WASHINGTON (Reuters) - The U.S. Senate Commerce Committee on Wednesday voted to approve President Joe Biden's nominee for a key fifth seat on the U.S. Federal Communications Commis...
Syndicated Content Jul 12, 2023
Morgan Stanley hires healthcare services banker Cohen from Truist
By David Carnevali and Svea Herbst-Bayliss NEW YORK (Reuters) - Morgan Stanley has hired veteran investment banker Daniel Cohen from Truist Financial Corp, where he was the head of the firm's healthca...
Syndicated Content Jul 12, 2023
Urging gratitude on weapons, UK defence minister tells Ukraine: ‘We’re not Amazon’
VILNIUS (Reuters) - British Defence Secretary Ben Wallace said on Wednesday he had warned Ukraine that its international allies were "not Amazon" and Kyiv needed to show gratitude for weapons donation...
Syndicated Content Jul 12, 2023
With Trump way ahead in 2024 Republican polls, Iowa becomes do-or-die for DeSantis
By James Oliphant, Gram Slattery and Alexandra Ulmer WASHINGTON (Reuters) - Florida Governor Ron DeSantis' campaign is making a high-risk bet that it can halt Donald Trump's march to the Republican pr...
Syndicated Content Jul 12, 2023
Analysis-Banks step up U.S property loan tweaks to limit defaults
By Shankar Ramakrishnan and Matt Tracy (Reuters) - Banks are showing a growing willingness to rework the terms of U.S. commercial real estate loans to prevent defaults, mitigating near-term losses but...
Syndicated Content Jul 12, 2023
US Southwest broils as prolonged heat wave stretches from coast to coast
By Brendan O'Brien and Rich McKay (Reuters) - A searing heat wave that has settled over a coast-to-coast swath of the U.S. is expected to push temperatures on Wednesday as high as 110 degrees Fahrenhe...
Syndicated Content Jul 12, 2023
New Delhi evacuates hundreds over risk of flooding after record rainfall
NEW DELHI (Reuters) - India's capital New Delhi on Wednesday began evacuating hundreds of residents over the risk of flooding as record rainfall has swelled water levels in a river that runs through t...
Syndicated Content Jul 12, 2023
UK economy shows strains and gains, complicating BoE’s job
By William Schomberg LONDON (Reuters) - Britain's economy is showing some signs of strain from the Bank of England's 13 back-to-back interest rate increases, but the jobs market is still generating in...
Syndicated Content Jul 12, 2023
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