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Fed’s Mester flags financial stability concerns in central bank accommodation
By Howard Schneider WASHINGTON (Reuters) - Cleveland Federal Reserve bank president Loretta Mester said Tuesday that the extended low interest rates, ongoing bond purchases, and loose-policy promises ...
Syndicated Content Jun 22, 2021
Brazilian senator says social media firms may be probed over pandemic role
By Ricardo Brito BRASILIA (Reuters) - The head of a Brazilian Senate commission probing the government's response to the coronavirus pandemic said on Tuesday the body might investigate social media co...
Syndicated Content Jun 22, 2021
Deutsche Bank may face higher capital bar for leveraged loans – Bloomberg News
(Reuters) - The European Central Bank has told Deutsche Bank AG it will probably need to hold more equity to account for the risk in lending to highly indebted clients, Bloomberg News reported on Tues...
Syndicated Content Jun 22, 2021
Exclusive: Harvard wasn’t pressured over Toshiba, former Japan adviser says
By Ross Kerber and Makiko Yamazaki BOSTON/TOKYO (Reuters) - A former Japanese government adviser said he did not put pressure on Harvard University's endowment fund to influence its voting at Toshiba ...
Syndicated Content Jun 22, 2021
Global steel output gains 16.5% in May, China growth cools
By Eric Onstad LONDON (Reuters) - Global steel output shot up by 16.5% year-on-year in May as an easing of pandemic restrictions fuelled economic activity, but growth in top market China cooled, data ...
Syndicated Content Jun 22, 2021
Venture capital firm Blockchain Capital raises $300 million from PayPal, Visa
(Reuters) - Blockchain Capital, a cryptocurrency- and blockchain-focused venture capital firm, raised $300 million in funding for its Fund V from investors including PayPal Holdings Inc and Visa Inc, ...
Syndicated Content Jun 22, 2021
White House to concede U.S. likely to miss July 4 COVID-19 vaccine target – NBC News
WASHINGTON (Reuters) - The White House is preparing to acknowledge it will not meet President Joe Biden's goal of delivering at least one COVID-19 vaccination dose to 70% of U.S. adults by July 4, U.S...
Syndicated Content Jun 22, 2021
Turkish COVID-19 vaccine starts Phase III trials
ISTANBUL (Reuters) - Turkey on Tuesday kicked off Phase III trials for its COVID-19 vaccine, named "Turkovac" by President Tayyip Erdogan who said the shot should be available for use by the end of th...
Syndicated Content Jun 22, 2021
Swedish court upholds ban on Huawei selling 5G network gear
STOCKHOLM (Reuters) - A Swedish court on Tuesday upheld a ban against Huawei selling 5G equipment in the country, dashing the Chinese company's hopes of staging a comeback in Europe and increasing the...
Syndicated Content Jun 22, 2021
U.N. expert says Eritrea has ‘effective control’ in parts of Tigray
By Emma Farge GENEVA (Reuters) - Eritrea now has "effective control" of parts of Ethiopia's Tigray region, a U.N. human rights expert said on Tuesday, calling for troops to withdraw and for a prompt i...
Syndicated Content Jun 22, 2021
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