Author Archives: Syndicated Content
Chipmaker Qorvo to sell some China facilities to Luxshare Precision Industry
(Reuters) - Wireless connectivity chip maker Qorvo said on Monday it has reached a definitive agreement to sell its assembly and test facilities in Beijing and Dezhou in China to contract manufacturer...
Dec 18, 2023
Marketmind: Bank of Japan countdown almost over
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. The Bank of Japan's policy decision and subsequent remarks from Governor Kazuo Ueda will dominate Asian markets on Tuesday and m...
Dec 18, 2023
Jordan strikes Iran-linked drugs smugglers in southern Syria - sources
AMMAN (Reuters) - Jordan on Monday launched several aerial raids into its northern neighbour Syria against hideouts of Iranian-backed drug smugglers in retaliation against a large-scale smuggling oper...
Dec 18, 2023
ADM to acquire dairy flavor firm Revela Foods
(Reuters) - Global grains merchant Archer-Daniels-Midland said on Monday it will acquire Revela Foods, a Wisconsin-based developer and manufacturer of dairy flavor ingredients and solutions, to bolste...
Dec 18, 2023
Fed's Daly: rate cuts may be needed next year to prevent overtightening -WSJ
(Reuters) - San Francisco Federal Reserve Bank President Mary Daly said Monday that cuts to the U.S. central bank's benchmark rate are likely be appropriate next year because of an improvement in infl...
Dec 18, 2023
How Swiss authorities bungled Credit Suisse oversight
By John O'Donnell, Stefania Spezzati and Elisa Martinuzzi (Reuters) - About six months before Credit Suisse was sold to rival UBS in a weekend rescue, the head of the Swiss central bank wanted to inje...
Dec 18, 2023
Manchin wants US Senate vote to reverse Treasury EV tax credit guidance
WASHINGTON (Reuters) - The chair of the Senate Energy and Natural Resources Committee wants Congress to vote on reversing the Treasury Department's electric vehicle tax credit guidance, saying it will...
Dec 18, 2023
IMF governors approve 50% increase in lending resources with no shareholding changes
By Andrea Shalal WASHINGTON (Reuters) - The International Monetary Fund's governing body has approved a 50% increase in quota resources to be contributed by member countries in proportion to their cur...
Dec 18, 2023
Argentina to switch benchmark interest rate to 1-day reverse repo
BUENOS AIRES (Reuters) - Argentina's central bank on Monday said it would switch its benchmark interest rate to the overnight reverse repo rate of 100% from the previous 28-day Leliq rate at 133%, a m...
Dec 18, 2023
Former First Republic workers sue FDIC over withheld retirement pay
By Douglas Gillison (Reuters) - Nearly 170 former employees of California's failed First Republic Bank have sued the U.S. Federal Deposit Insurance Corporation (FDIC), alleging that the regulator is i...
Dec 18, 2023
