AMERS

Barclays hit by $361 million US penalty for ‘staggering’ blunder

Sept 30 (Reuters) – British lender Barclays (BARC.L) agreed a $361 million penalty with US regulators on Thursday for “staggering” failures that led it to oversell $17.7 billion of structured products, racking up further costs for an error that has blighted CEO CS Venkatakrishnan’s first year in charge. Barclays shares rose 2% in early trading …

Barclays hit by $361 million US penalty for ‘staggering’ blunder Read More »

Amazon.com unveils device that tracks breath while sleeping

Sept 28 (Reuters) – Amazon.com Inc on Wednesday announced a contactless gadget that can monitor people’s sleep, along with updates to its lineup of voice-controlled devices and e-readers. The online retailer said its $139.99 sleep gadget, known as Halo Rise, tracks room temperature, humidity and light, plus the breathing patterns of the person closest to …

Amazon.com unveils device that tracks breath while sleeping Read More »

Wall Street jumps over 1% in choppy trading as yields dip

Apple down 2.83% on move to drop iPhone production boost US 10-yr Treasury yields ease from 12-year highs Biogen soars on landmark Alzheimer’s data Indexes up: Dow 1.55%, S&P 1.65%, Nasdaq 1.57% Sept 28 (Reuters) – US stock indexes jumped more than 1% in volatile trading on Wednesday as easing Treasury yields lifted rate-sensitive growth …

Wall Street jumps over 1% in choppy trading as yields dip Read More »

Apple drops plan to boost iPhone production as demand falters-Bloomberg

Sept 27 (Reuters) – Apple Inc is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, Bloomberg News reported on Tuesday, citing people familiar with the matter. The company told suppliers to curtail efforts to increase assembly of its flagship iPhone 14 product family …

Apple drops plan to boost iPhone production as demand falters-Bloomberg Read More »

Growth stocks lead bounce on Wall Street after brutal selloff

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, September 26, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Major indexes set to snap five-day losing streak Rate-sensitive tech, growth stocks shine Sharp rebound in oil prices boosts energy firms Indexes up: Dow …

Growth stocks lead bounce on Wall Street after brutal selloff Read More »

Optus under further fire for cyber breach, purported hacker claims data deleted

A woman uses her mobile phone as she walks past in front of an Optus shop in Sydney, Australia, February 8, 2018. REUTERS/Daniel Munoz Register now for FREE unlimited access to Reuters.com Register SYDNEY, Sept 27 (Reuters) – Australian telecoms giant Optus came under more fire from the government on Tuesday for a massive cyber …

Optus under further fire for cyber breach, purported hacker claims data deleted Read More »

Rampant dollar pauses for breath as bears stalk stocks

Register now for FREE unlimited access to Reuters.com Register HONG KONG, Sept 27 (Reuters) – Asian markets attempted to stabilize on Tuesday after a wild few days during which most assets, barring the dollar, fell, with the greenback easing a bit and stocks flat. Sterling, which collapsed to a record low $1.0327 on Monday, recovered …

Rampant dollar pauses for breath as bears stalk stocks Read More »

INDIA STOCKS Indian shares inch up as consumer stocks gain

A general view of the Bombay Stock Exchange (BSE), after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21, 2021. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, Sept 27 (Reuters) – Indian shares edged higher on Tuesday led by consumer companies, after closing at near …

INDIA STOCKS Indian shares inch up as consumer stocks gain Read More »

Exclusive: IDB governors vote to remove bank president Claver-Carone after ethics investigation

Visitors walk past a screen with the logo of Banco Interamericano de Desarrollo (BID) at the Atlapa Convention Center in Panama City March 13, 2013. REUTERS/Carlos Jasso Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Sept 26 (Reuters) – The governors of the Inter-American Development Bank (IDB) voted on Monday to fire …

Exclusive: IDB governors vote to remove bank president Claver-Carone after ethics investigation Read More »