Author Archives: Syndicated Content
Despite SVB collapse, FDIC on track to recoup insurance losses: Chair
(Reuters) - Despite the second- and third-largest bank failures in U.S. history last month, the U.S. Federal Deposit Insurance Corporation remains on track to refill its deposit insurance fund ahead o...
Apr 18, 2023
EU may struggle to catch up with U.S., Asia in chips subsidies race
By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) - The European Union agreed a 43-billion-euro ($47 billion) chip subsidies plan on Tuesday but the relatively modest budget, lack of...
Apr 18, 2023
Southwest asks U.S. FAA to pause the airline's departures
(Reuters) -Southwest Airlines Co has requested the U.S. Federal Aviation Authority (FAA) to pause the airline's departures, the agency said in a tweet on Tuesday without providing further details. Sha...
Apr 18, 2023
Exclusive-Paraguay opposition leader plans state 'austerity' vs tax hikes on farmers
By Daniela Desantis ASUNCION (Reuters) - Paraguay's main opposition presidential candidate Efran Alegre will favor "austerity" to cut public sector spending over raising taxes on the country's farmers...
Apr 18, 2023
West Africa faces acute food shortages with thousands near famine, say UN agencies
DAKAR (Reuters) - Forty-eight million people in West and Central Africa face acute food insecurity in the coming months, a 10-year high spurred by insecurity, climate shocks, COVID-19 and high prices,...
Apr 18, 2023
Factbox-Broadcasters go silent on Twitter after 'government-funded' label
(Reuters) - Public broadcasters ranging from U.S.-based National Public Radio to Canadian Broadcasting Corp have stopped posting on Twitter in recent days after the Elon Musk-owned social media platfo...
Apr 18, 2023
EU agrees chips subsidies plan, EU industry chief says
By Foo Yun Chee BRUSSELS (Reuters) - The European Union has agreed a 43-billion-euro ($47 billion) plan to boost its semiconductor industry to try to catch up with the United States and Asia, EU indus...
Apr 18, 2023
EU seeks to prevent taxpayer cash being used to save failing banks
By Huw Jones (Reuters) - The European Union proposed on Tuesday making it harder for governments to repeat pouring billions of euros of state aid into a bank as Italy did with Monte dei Paschi di Sien...
Apr 18, 2023
Explainer-Macron pension reform ends cherished French exception
By Leigh Thomas PARIS (Reuters) - French President Emmanuel Macron may have pushed through his unpopular pension reform but only at great cost to his political capital, which he is now seeking to repa...
Apr 18, 2023
Goldman Sachs initiating sale of fintech unit GreenSky
(Reuters) - Goldman Sachs Group Inc is starting a process to explore the sale of GreenSky, its fintech unit, the bank's chief executive officer, David Solomon, said on Tuesday. "We believe GreenSky is...
Apr 18, 2023
