NYCB gets third credit downgrade as CRE exposure worries spill to Europe
By Manya Saini and Niket Nishant (Reuters) -Embattled New York Community Bancorp faced its third credit-rating cut on Thursday while…
Day: February 8, 2024
Fed’s Collins says her baseline expectation is 75 bps of rate cuts this year
(Reuters) – Boston Federal Reserve Bank President Susan Collins on Thursday said she believes the U.S. central bank will likely…
Oil producer ConocoPhillips beats profit views on higher output
By Sabrina Valle and Sourasis Bose HOUSTON (Reuters) -U.S. oil and gas producer ConocoPhillips on Thursday beat Wall Street estimates…
‘Silver is the new gold’ as Egyptians try to protect savings
By Sarah El Safty and Farah Saafan CAIRO (Reuters) – Egyptian women traditionally receive a gold jewellery set, or “shabka”,…