LONDON, Dec 16 (Reuters) – Weakening profit margins at private credit borrowers globally will likely lead to further loan defaults…
Wall Street banks prepare for round-the-clock stock trading, reluctantly
By Anirban Sen NEW YORK, Dec 16 (Reuters) – Round-the-clock trading is fast approaching U.S. stock markets, but not all of…
Dollar weakens against yen in week packed with data releases and central bank decisions
By Chibuike Oguh and Amanda Cooper NEW YORK/LONDON, Dec 15 (Reuters) – The U.S. dollar weakened against rivals including the…
How Canada’s farmers are producing record crops despite droughts and floods
By Ed White WAWANESA, Manitoba, Dec 15 (Reuters) – When farmer Simon Ellis first drove his combine into this year’s…
Vast majority of Ukrainians reject major peace concessions, poll finds
By Dan Peleschuk KYIV, Dec 15 (Reuters) – Three-quarters of Ukrainians reject major concessions in any peace deal, a Kyiv…
Delayed US employment, CPI reports are due this week, with many gaps
By Lucia Mutikani WASHINGTON, Dec 15 (Reuters) – The U.S. Bureau of Labor Statistics on Tuesday releases its long-awaited combined…
Nvidia unveils new open-source AI models amid boom in Chinese offerings
SAN FRANCISCO, Dec 15 (Reuters) – Nvidia on Monday unveiled a new family of open-source artificial intelligence models that it…
US Veterans Affairs agency plans health care job cuts, WaPo reports
(Corrects to say unfilled in paragraph 3) Dec 13 (Reuters) – The U.S. Department of Veterans Affairs plans to eliminate…
Fed’s Schmid says he dissented because inflation is too hot, policy should be modestly restrictive
By Howard Schneider WASHINGTON, Dec 12 (Reuters) – Kansas City Federal Reserve President Jeffrey Schmid said he dissented against the…
Canada’s WestJet to pause non-adjustable seat rollout, seek passenger feedback
Dec 12 (Reuters) – WestJet Airlines said on Friday it would pause its rollout of non-adjustable economy seats next week,…