Exclusive: Credit Suisse sounds out investors about capital hike – sources

Exclusive: Credit Suisse sounds out investors about capital hike – sources

The logo of Swiss bank Credit Suisse is seen at an office building in Zurich, Switzerland September 2, 2022. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to Reuters.com Register ZURICH, Sept 23 (Reuters) – Credit Suisse is sounding out investors for fresh cash, two people familiar with the matter said, approaching them for the … Read more

Alex Jones lashes out at critics at trial over Sandy Hook hoax claims

Alex Jones lashes out at critics at trial over Sandy Hook hoax claims

Register now for FREE unlimited access to Reuters.com Register Sept 22 (Reuters) – Conspiracy theorist Alex Jones ignited a courtroom shouting match on Thursday, railing against critics as he testified in a trial to determine how much he owes families of victims who died in the 2012 Sandy Hook Elementary School mass shooting, which he … Read more

Fed feeds recession fears, Japan steps in to support yen

Fed feeds recession fears, Japan steps in to support yen

Fed surprises with aggressive hike projections Japan intervenes in FX as dollar/yen breaks 145 Central bank bonanza as UK, Switzerland and Norway hike LONDON, Sept 22 (Reuters) – World stocks were close to a two-year low and Japan was forced to intervene to prop up the yen for the first time since 1998 on Thursday … Read more

Europe burns cash to help businesses in energy crisis

Europe burns cash to help businesses in energy crisis

Register now for FREE unlimited access to Reuters.com Register European gas prices have soared amid Ukraine crisis Utilities face liquidity crunch Germany will ‘do everything possible’ to help firms Russian mobilisation triggers oil price jump BERLIN/LONDON, Sept 21 (Reuters) – Germany nationalised gas importer Uniper (UN01.DE) on Wednesday and Britain said it would halve energy … Read more

Hurricane Fiona seen intensifying after slamming Dominican Republic, Puerto Rico

Hurricane Fiona seen intensifying after slamming Dominican Republic, Puerto Rico

SAN JUAN, Puerto Rico/Santo Domingo, Sept 19 (Reuters) – Hurricane Fiona was churning north on Monday evening after bringing torrential rain and powerful winds to the Dominican Republic and triggering a total power outage in neighboring Puerto Rico, where at least two people died. The Category 2 hurricane will likely become a Category 3 as … Read more

Cancer victims urge court to end J&J bankruptcy roadblock to lawsuits

Cancer victims urge court to end J&J bankruptcy roadblock to lawsuits

Register now for FREE unlimited access to Reuters.com Register Sept 19 (Reuters) – People suing Johnson & Johnson over the company’s talc products urged an appeals court on Monday to revive their claims, saying the profitable company should not be allowed to use a bankrupt subsidiary to block lawsuits alleging the products cause cancer. They … Read more

U.S. bank regulators consider new rules for regional banks in times of crisis, Wall Street Journal reports

U.S. bank regulators consider new rules for regional banks in times of crisis, Wall Street Journal reports

People walk wearing masks outside The Federal Reserve Bank of New York in New York City, U.S., March 18, 2020. REUTERS/Lucas Jackson/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 18 (Reuters) – A group of bank regulators appointed by U.S President Joe Biden is considering new rules which will require … Read more

Europe races to prepare for energy crunch this winter

Europe races to prepare for energy crunch this winter

Spain may shut energy-intensive industries at peak times France prepares to send gas to Germany in October Germany to sign LNG contracts in UAE Berlin still working on Uniper bailout BERLIN/PARIS, Sept 19 (Reuters) – European governments outlined new measures on Monday to cope with potential energy shortages this winter and raced to improve energy … Read more

European stocks extend losses as slowdown warnings weigh

European stocks extend losses as slowdown warnings weigh

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 16 (Reuters) – European stocks dipped on Friday and Europe’s benchmark German 10-year bond yield hit its highest since mid-June as investors braced for a U.S. rate hike while warnings from the World Bank and the International Monetary Fund fanned fears of a slowdown. … Read more

U.S. stocks slip while yields rise, Fed in focus

U.S. stocks slip while yields rise, Fed in focus

Register now for FREE unlimited access to Reuters.com Register Fed looms over broader markets, dollar rises Oil tumbles on demand concerns, U.S. rail strike averted Treasury yields climb while oil gold tumbles NEW YORK, Sept 15 (Reuters) – Wall Street indexes were firmly in the red after a choppy start to Thursday’s session while bond … Read more