Canadian lender Bank of Nova Scotia said on Wednesday its chief of global banking and markets, Jake Lawrence, is leaving to take on a role at financial services firm Power Corporation of Canada .
Raw sugar prices are expected to post an annual gain of nearly 20% in 2024 as the global market shifts into a deficit in the upcoming season, a Reuters poll of 12 traders and analysts showed.
The total amount of money invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021 as inflows to U.S. spot bitcoin exchange traded funds continued to support prices.
Visa said on Wednesday that the Reserve Bank of India, which is also the country’s financial market regulator, had directed it last week to halt all domestic transactions for business payment solution providers (BPSPs).
CME Group reported a better-than-expected fourth-quarter profit on Wednesday, as strong demand for its interest-rate products bolstered trading volumes at the derivatives exchange.
Banks globally will likely rack up further losses on office property loans as a bruising crash in valuations leads to more defaults, credit rating agency Morningstar DBRS said on Wednesday.
A draft proposal on reforming the World Trade Organization leaves open the question of resolving the organisation’s broken appeals bench and asks trade ministers to decide later this month, according to documents seen by Reuters on Wednesday.
Kraft Heinz missed market expectations for fourth-quarter sales on Wednesday, as higher prices weighed on demand for its soups, sauces and meat cold cuts.
State-backed hackers from Russia, China, and Iran have been using tools from Microsoft-backed OpenAI to hone their skills and trick their targets, according to a report published on Wednesday.
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