Moody’s Cuts US Banks on Mounting Funding Costs, Office Exposure
(Bloomberg) -- Moody’s Investors Service lowered credit ratings for 10 small and midsize US banks and said it may downgrade major lenders including U.S....
Australia Needs to Boost Sustainable Financing for Net Zero Goal
(Bloomberg) -- Australia will need to “substantially” boost financing for sustainable projects if the nation is to decarbonize its economy and meet its net...
Proterra Announces Strategic Initiatives to Strengthen Financial Position and Sharpen Technology Focus
Files for Voluntary Chapter 11 Reorganization to Maximize Value of the Business & Product Line PotentialCompany Continues to Operate as a Leading Commercial Vehicle...
SEC chairman warns of risk to financial systems from AI
Securities and Exchange Commission (SEC) Chairman Gary Gensler warned in a new interview that artificial intelligence (AI) will eventually lead to financial crises.
“This technology will...
Stronger dollar shouldn’t hit inflation
(Updates with dollar appreciation, additional comments from minister)SANTIAGO, Aug 7 (Reuters) - Diverging monetary policies between Chile and the United States are responsible for...
