Britain is betting everything on historic tax cuts and loans, investors scare

Register now for FREE unlimited access to Reuters.com Register Kwarteng lowers top income tax rate for growth Huge increase in UK sovereign debt issuance planned Stamps suffer worst malaise in decades Pound falls to new 37-year low against dollar LONDON, Sept. 23 (Reuters) – Britain’s new Chancellor of the Exchequer, Kwasi Kwarteng, on Friday unleashed … Read more

Factbox: Major banks expect more than $1 billion in fines for WhatsApp use

Aug 22 (Reuters) – Banking giants such as JPMorgan Chase & Co (JPM.N) and Bank of America (BAC.N) collectively face more than $1 billion in regulatory fines for employees’ use of unapproved messaging tools, including email and apps like WhatsApp. The U.S. Securities and Exchange Commission (SEC) began investigating banks’ accounting practices regarding the use … Read more

Deutsche Telekom sells tower activities to N. American consortium – Handelsblatt

Brochures bearing the Deutsche Telekom AG logo are pictured in the shop at the German telecommunications giant’s headquarters in Bonn, Germany, Feb. 19, 2019. REUTERS/Wolfgang Rattay/ Register now for FREE unlimited access to Reuters.com Register BERLIN, July 13 (Reuters) – Deutsche Telekom (DTEGn.DE) will sell 51% of its tower business to a consortium of Canadian … Read more

Analysis: Markets challenge the Fed’s timeline and threaten more swings in Treasuries

A trader works while Federal Reserve chairman Jerome Powell makes comments on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, May 4, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 29 (Reuters) – Bond traders expect the swings that convulse … Read more