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Japan's Bank of Japan, Financial Services Agency investigate remaining Libor-linked contracts
The Bank of Japan and the Financial Services Agency are assessing if local financial institutions have any remaining Libor-linked contracts that will be difficult to shift to alternative interest rates before the benchmark expires, according to people familiar with the matter.
Financial Services
U.S. stock indexes jump as profit margins rise
All three major U.S. stock indexes end higher. Huang New York, Oct 19 Reuters - Stock indexes around the world jumped on Tuesday as U. S. technology shares extended recent gains and earnings reports were upbeat, while the 10-year U.s.
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China coal futures plunge despite surge amid power restrictions
One record despite a wild rally in the final minutes of trading, underscoring expectations...
ETF
Energy
British gas supplier writes to energy firms after CNG exit
Some can include advertisements from us and third parties based on our understanding. Ecot...
Healthcare
Johnson Johnson lifts full-year revenue forecast as vaccine sales surge
Johnson Johnson JNJ posted stronger than expected third quarter earnings Tuesday and lifte...
Commodities
Gov. Ron DeSantis says Florida's ports operate 24 hours a day
Republican Florida Governor. Mike Pence: Ron DeSantis is touting his state's seaports ...
Industrials
Jet fuel prices are soaring as airline struggles to recover
The Jet fuel prices are rising above pre-pandemic levels, an ominous headwind for airlines plotting a recovery from more than a year of losses. Even rising demand, the cost of jet fuel has climbed about 70% so far this year alongside rising demand:
Consumer Cyclical
Target to double Apple pop-up locations at US stores
Target said Tuesday that it will double the number of Apple pop-up locations at some U.S. stores as it looks to capitalize on the critical holiday shopping season.
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Japan's Bank of Japan, Financial Services Agency investigate remaining Libor-linked contracts
The Bank of Japan and the Financial Services Agency are assessing if local financial institutions have any remaining Libor-linked contracts that will be difficult to shift to alternative interest rates before the benchmark expires, according to people familiar with the matter.
Gov. Ron DeSantis says Florida's ports operate 24 hours a day
Republican Florida Governor. Mike Pence: Ron DeSantis is touting his state's seaports as a solution to help ease America's ongoing supply chain crisis, offering them as an alternative to the overwhelmed ports in other parts of the country.
Netflix sees record-breaking number of paid users
While, little of this growth came from the company's home market. Osaka For the second consecutive quarter, the Asia-Pacific region contributed the most membership growth, with 2.2 million new paid sign-ups, or half of the quarter's total.
Foreign Secretary Elizabeth Truss on trade deal with Gulf allies
While the situation in Afghanistan is set to be the top priority in talks, Ms Truss is also eager to use her experience from when she was International Trade Secretary to increase export opportunities for Britain.
Netflix CEO Reed Hastings says 'no one s sure' about subscriber growth
It shift was in full view on Tuesday when Netflix NFLX reported third-quarter revenue growth of 16.3% to $7.5 billion, compared with growth of 28% and 31% in the third quarters of 2020 and 2019, respectively.
North Korea successfully test a new type of submarine-based missile
North Korea says it has successfully tested a new type of submarine-launched ballistic missile, as the nuclear-armed country pursues ever more advanced weapons.
Fed will wait until 2023 before raising interest rates: poll
BENGALUR U Reuters - The Federal Reserve will wait until 2023 before raising interest rates, according to a majority of economists in a Reuters poll who nevertheless said the greater risk for the U.S. economy was persistently higher inflation over the coming year.
