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International

Matt Scuffham

Investors cling to hope as Omicron spreads, shares rebound

Nov 29 2021

NEW YORK/LONDON A semblance of calm returned to world markets on Monday as investors waited for more details to assess the severity of the Omicron coronavirus variant on the world economy, allowing battered stocks and oil prices to rebound.

GLOBAL MARKETS-Investors cling to hope as Omicron spreads, shares rebound

Nov 29 2021

NEW YORK/LONDON, Nov 29 A semblance of calm returned to world markets on Monday as investors waited for more details to assess the severity of the Omicron coronavirus variant on the world economy, allowing battered stocks and oil prices to rebound.

GLOBAL MARKETS-Investors cling to hope as Omicron spreads, shares rebound

Nov 29 2021

NEW YORK/LONDON, Nov 29 A semblance of calm returned to world markets on Monday as investors waited for more details to assess the severity of the Omicron coronavirus variant on the world economy, allowing battered stocks and oil prices to rebound.

Dimon says he regrets comment on JPMorgan outlasting China Communist Party

Nov 24 2021

HONG KONG/NEW YORK (Reuters) -JPMorgan Chase Chief Executive Jamie Dimon said on Wednesday he regretted his remarks that the Wall Street bank would last longer than China's Communist Party (CPC), moving quickly to avoid any longer-term fallout.

As U.S. inflation hits 31-year high, banks assess risks and opportunities

Nov 23 2021

NEW YORK Wall Street banks are planning for a sustained period of higher inflation, running internal health checks, monitoring whether clients in exposed sectors could pay back loans, devising hedging strategies and counseling caution when it comes to deals.

Analysis-Visa's Amazon spat shows power is shifting to retailers in fee battle

Nov 22 2021

NEW YORK Amazon.com Inc's latest spat with Visa shows big retailers, armed with a growing array of payment options, are gaining the upper hand in their power struggle with card providers, but it's not a crisis for the payment company.

U.S. bank stocks rise as industry welcomes Powell renomination

Nov 22 2021

NEW YORK U.S. bank stocks rose on Monday as senior bankers and industry figures welcomed Federal Reserve Chair Jerome Powell's nomination by President Joe Biden for a second four-year term.

Exclusive-Visa's chief financial officer expects to resolve fee row with Amazon

Nov 19 2021

NEW YORK Visa expects to resolve its credit card fee dispute with Amazon.com Inc in Britain and hopes to continue its co-branded credit card partnership with the e-commerce giant in the United States, its Chief Financial Officer told Reuters.

EXCLUSIVE-Visa CFO Prabhu says company confident of resolving Amazon dispute

Nov 19 2021

NEW YORK, Nov 19 Visa expects to resolve its dispute with Amazon.com Inc in the United Kingdom and hopes to continue its co-branded credit card partnership in the United States, Chief Financial Officer Vasant Prabhu told Reuters.

World News