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Analysis: European private loan market falters as corporate credit stress mounts

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Analysis: European private loan market falters as corporate credit stress mounts

Private debt fundraising and deals slow Industry tested by new high rate environment Lending squeeze set to aggravate default risks LONDON, Sept 7 (Reuters) – Direct lending, a key but expensive source of credit for riskier European firms that banks often shy away from, is running out of steam, a fresh sign that aggressive interest … Read more

US Senate races ahead of House on spending in bid to avoid shutdown

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US Senate races ahead of House on spending in bid to avoid shutdown

The U.S. Capitol Building is seen in Washington, U.S., August 15, 2023. REUTERS/Kevin Wurm/File Photo Acquire Licensing Rights WASHINGTON, Sept 5 (Reuters) – Democratic leaders of the U.S. Senate, on their return from summer recess on Tuesday, sought to gain the upper hand over House Republicans in talks over government funding as the threat of … Read more

US offers $12 bln for automakers, suppliers for advanced vehicles

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US offers $12 bln for automakers, suppliers for advanced vehicles

U.S. Secretary of Energy Jennifer Granholm delivers a speech ahead of a conversation with Daniel Yergin, the vice chairman of S&P Global, during the CERAWeek energy conference in Houston, Texas, U.S., March 8, 2023. REUTERS/Callaghan O’Hare/File Photo Acquire Licensing Rights WASHINGTON, Aug 31 (Reuters) – The Biden administration is offering $12 billion in grants and … Read more

Morning Bid: ‘Flash’ business funk and AI buzz

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Morning Bid: ‘Flash’ business funk and AI buzz

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan A combination of worrying August business soundings from Europe … Read more

AMERICAS Bonds calm down but Chinese markets smolder

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AMERICAS Bonds calm down but Chinese markets smolder

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan Restive bonds showed signs of calm on Wednesday, but … Read more

Fitch downgrade highlights investor worries about US fiscal picture

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Fitch downgrade highlights investor worries about US fiscal picture

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. REUTERS/Brendan McDermid/File Photo Aug 2 (Reuters) – Fitch’s downgrade of the U.S. credit rating is likely to exacerbate unease about the country’s debt position, political polarization and the global standing of the U.S. dollar, investors … Read more

Ron DeSantis, in campaign speech, lashes out at China, corporate power

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Ron DeSantis, in campaign speech, lashes out at China, corporate power

ROCHESTER, New Hampshire, July 31 (Reuters) – U.S. Republican presidential candidate Ron DeSantis took an aggressive swipe at China, railed against what he described as corporate bailouts, and said he would rein in the Federal Reserve in an economic policy speech on Monday. The speech contained relatively few new concrete policy proposals, but underlined how … Read more

Morning Bid: Bank of Japan excites, Dow unlucky, Intel jumps

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Morning Bid: Bank of Japan excites, Dow unlucky, Intel jumps

A look at the day ahead in U.S. and global markets from Mike Dolan The Bank of Japan added its own twist to a week of rising central bank interest rates on Friday, and it proved an unlucky 13 for Dow Jones bluechips (.DJI) on Wall St. The BOJ’s long-awaited tweak of its ultra-easy bond-buying … Read more