By Chris Prentice and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – Renewed unease gripped world markets on Wednesday as news that Credit Suisse’s largest investor said it could not provide[...]
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US
Microsoft inks licensing deal with cloud gaming provider Boosteroid
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft on Tuesday signed a 10-year licensing deal to bring Activision’s Call of Duty franchise to cloud gaming provider Boosteroid’s platform, a move[...]
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Biden vows new bank rules after SVB collapse, cites Trump rollback
By Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden declared the US banking system “safe” and vowed stiffer bank regulation, after U.S. regulators were forced to step in with a s[...]
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Yellen warns U.S. House members of ‘economic collapse’ from default
By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen urged members of the U.S. House of Representatives on Friday to raise the federal debt ceiling without conditions, warning th[...]
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Dollar jumps as Powell flags higher terminal rate
By Karen Brettell NEW YORK (Reuters) – The dollar hit a three-month month high against a basket of currencies on Tuesday after Federal Reserve Chair Jerome Powell said the U.S. central bank is l[...]
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Coinbase, Galaxy Digital abandon Silvergate after bank warns about its viability
By Niket Nishant (Reuters) -Cryptocurrency heavyweights including Coinbase Global Inc and Galaxy Digital on Thursday dropped Silvergate Capital Corp as their banking partner after the lender’s l[...]
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Ticketing Service Provider Eventbrite to Lay Off 8% Workforce
(Reuters) – Eventbrite Inc said on Tuesday it will eliminate about 8% of the company’s workforce, as the ticketing service provider looks to cut costs amid worries of an economic downturn.[...]
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Stellantis to Invest $155 Million in U.S. To Produce New Electric Drive Modules
MILAN (Reuters) – Stellantis said on Tuesday it will invest a total of $155 million in three plants located in Kokomo, Indiana, to produce new electric drive modules (EDM) that will be fitted in[...]
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Aviation industry turns to childcare, free iPhones to lure workers
By Allison Lampert and Rajesh Kumar Singh (Reuters) -The North American aviation industry is wooing workers with daycare centers, cheaper transport and free iPhones to compete in a tight market where[...]
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