US factory production up slightly ahead of auto strike; inflation slowing
Manufacturing production rises 0.1% in AugustImport prices increase 0.5%; down 3.0% year-on-yearExport prices jump 1.3%; decline 5.5% year-on-yearWASHINGTON, Sept 15...
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Citigroup’s Europe unit CEO Braden to leave after 25 years, source says
Staff enter the Citigroup building in London's financial district of Canary Wharf November 18, 2008. REUTERS/Kevin Coombs/File Photo Acquire Licensing RightsLONDON, Sept 15 (Reuters) - Kristine Braden, CEO of Citigroup's main operations in continental Europe, is leaving the firm after 25 years as part of a wider organisational change announced by the U.S. bank earlier this week, according to an internal memo seen by Reuters.Braden was CEO of Citibank Europe and previously held a number of senior roles, including leading the Citigroup Global Markets Europe AG unit."I have had an...
Take Five: A central bank bonanza
Sept 15 (Reuters) - Central banks take centre stage with five of those overseeing the 10 most heavily traded currencies...
SoftBank’s Arm soars nearly 25% in market debut to $65 billion valuation
Sept 14 (Reuters) - Shares in SoftBank's Arm Holdings (ARM.O) soared almost 25% above their Nasdaq debut price on Thursday, rekindling investor hopes for a turnaround in the moribund market for initial public offerings (IPO).The stock, which had opened at $56.10, notched a 24.68% gain to close at $63.59, giving the British chip designer a valuation of $65 billion in its return to public markets following a seven-year absence. The IPO had priced at $51.Arm's strong performance suggests that investor demand for initial public offerings, which had been hit hard...
Wall Street rallies, dollar surges as data cements Fed pause bets
PPI, retail sales rise on energy pricesOil rises to highest in 2023 on tight supply expectationsECB hikes for 10th straight...
EU states consider easing post-Brexit derivatives clearing plan
Puzzle with printed EU and UK flags is seen in this illustration taken November 13, 2019. REUTERS/Dado Ruvic/Illustration/File Photo Acquire...
U.S. Treasury official says Iraq must act to avoid further action on banks
U.S. Treasury sees 'continued risk' at Iraqi banksU.S. blacklisted 14 banks in July for illicit dollar useEnhanced U.S. scrutiny targets...
Euro rises from near 3-month low before ECB; Aussie jumps
U.S. Dollar and Euro notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsTOKYO,...
S&P 500, Nasdaq gain, Treasury yields dip as data firms Fed pause bets
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023....
Citigroup CEO sets sweeping management changes, job cuts
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2023....
