reckoning

Written by Seda Caglayan and Ezgi Erkoyun COROM, Turkey (Reuters) - It is hard for Dogan Duman to see how he can keep his clothing factory in central Turkey open much longer, even after firing a third of his staff to cut costs that have…

By Oliver Hirt and Noele Illien ZURICH (Reuters) - Since UBS rescued its stricken rival Credit Suisse a year ago, it has been waiting to hear how authorities will protect Switzerland from the risk of the country's only remaining big bank…

The halcyon days where venture capitalists were content forking over billions to the latest AI startup, as researchers burned through cash with little to show for it, may be all but over. A “reckoning” is coming soon for AI companies that…

Breadcrumb Trail LinksPMN BusinessXcel Energy Inc. will likely be wrangling for years with the legal fallout from the wildfires burning through the Texas Panhandle.Author of the article:Bloomberg NewsMark Chediak and Rachel GrafPublished…

Breadcrumb Trail LinksPMN BusinessFor Indian regulators seeking to crack down on potential fraud in the financial sector, Paytm may just be the beginning.Author of the article:Bloomberg NewsPreeti Singh and Anup RoyPublished Feb 21, 2024  •…

The first Federal Open Market Committee (FOMC) meeting of 2024 is behind us and the markets no longer seem convinced that we will see an interest rate cut the next time the 12 committee members meet in March. Some 34% of the market expect a…