WASHINGTON (Reuters) – The U.S. military has seen a significant spike in unprofessional behavior by Russia’s air force in Syria since March 1, the top U.S commander for the region said on Thursday, citing flights by armed Russian warplanes over U.S. bases there as an example. “We have seen a significant spike since about 1 …
US sees spike in unprofessional Russian Air Force behavior over Syria Read More »
By Shashwat Chauhan (Reuters) -Canada’s main stock index slipped on Thursday, dragged down by losses in materials and energy stocks, as fears of a global banking meltdown continued to worry investors. By 10:13 a.m. ET (1413 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 174.83 points, or 0.9%, at 19,204.01. Energy stocks were …
Toronto stocks extend losses as energy, materials fall Read More »
LONDON (Reuters) – The collapse of Silicon Valley Bank last week and the turmoil around Credit Suisse do not pose a direct threat to Latin America’s financial system, S&P Global Ratings said on Thursday. “The direct impact of any particular institution, I don’t think is the main risk here,” Joydeep Mukherji, managing director & sector …
S&P Global Ratings: no direct threat to Latam financial system from SVB, Credit Suisse Read More »
By David French and Pete Schroeder (Reuters) -Regulators at the U.S. Federal Deposit Insurance Corp (FDIC) have asked banks interested in acquiring failed lenders Silicon Valley Bank and Signature Bank to submit bids by March 17, people familiar with the matter said on Wednesday. The new auctions show how the FDIC is making a concerted …
Exclusive-U.S. regulator eyes Friday bids for SVB, Signature Bank -sources Read More »
(Reuters) – The Federal Reserve is seen raising interest rates by a quarter of a percentage point at its meeting next week as the European Central Bank on Thursday delivered its own aggressive rate hike and U.S. economic data came in stronger than expected, outstripping lingering fears of a global banking crisis. Money market pricing …
Fed seen delivering quarter-point rate hike next week Read More »
By Jonathan Stempel NEW YORK (Reuters) – New York’s attorney general urged a state judge to reject Donald Trump’s bid to delay her civil fraud case against him, and said the former U.S. president might use his 2024 White House run as an excuse for further delay. In a Wednesday night court filing, Attorney General …
New York to Trump: No more delay in civil fraud case Read More »
(Reuters) – Ten of thousands of unionized workers in Los Angeles public schools are planning to strike next week after contract negotiations reached an impasse, a move that would likely shut down the second-largest district in the U.S. The union representing the Los Angeles Unified School District’s 30,000 custodians, cafeteria workers, bus drivers and special …
Los Angeles school workers to stage three-day strike Read More »
(Reuters) – The U.S. health regulator said on Thursday the current emergency use authorization (EUA) for Pfizer’s COVID-19 antiviral pill for high-risk adolescents will continue to remain in effect even if it receives full approval for use in some adults. Paxlovid has been authorized for emergency use in mild-to-moderate COVID patients aged 12 years and …
FDA says Pfizer COVID pill EUA for adolescents to stay even after nod for adults Read More »
WASHINGTON (Reuters) – The U.S. banking system remains sound and Americans can feel confident that their deposits will be there when needed, U.S. Treasury Secretary Janet Yellen will tell the Senate Finance Committee on Thursday. In remarks prepared for a budget hearing, Yellen said “decisive and forceful” actions taken this week by the U.S. government …
Yellen tells senators US banking system ‘remains sound’ Read More »
(Reuters) – BNSF Railway confirmed on Thursday that a train carrying corn syrup derailed near Topock in western Arizona close to the California border on Wednesday, with preliminary reports indicating no involvement of hazardous materials. “There were no injuries as a result of the derailment and preliminarily reports indicate there are no hazardous materials involved,” …
BNSF says train carrying corn syrup derailed in Arizona Read More »
