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...Southwest Airlines said it would end operations at four airports and cut 2,000 jobs following a first-quarter net loss of $231mn....
...Microsoft has hired the co-founder of Google’s DeepMind, the Bank of Japan raised interest rates for the first time since 2007, and leading European and UK artificial intelligence start-ups have been lobbied...
...FY, SAP Q1, Ten Lifestyle Group HY, Verizon Communications Q1 Tuesday Bank of England chief economist Huw Pill speaks at the London campus of the University of Chicago, Booth School of Business EU, France...
...survey of banks and building societies....
...The report provides the first complete breakdown of the costs of the scheme....
...President Joe Biden will be in Syracuse, New York, on Thursday to announce the US chip sector’s latest support package, this time focused on the production of leading-edge memory chips, known as Dram....
...national team buying”....
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...The largest US banks lent billions of dollars less in the first quarter, in a sign that corporate borrowers are paying down debt as interest rates hover at historically high levels....
...Former Royal Bank of Scotland head Ross McEwan will stand down in April as chief executive of National Australia Bank, the country’s third-largest lender....
...The US Department of Justice has charged four Russian soldiers with war crimes for torturing an American national in Ukraine, the first indictment of its kind brought under US law....
...Rubasingham may be the NT’s first female artistic director and the first person of colour in the role but she owes her appointment to her own track record....
...Glapiński is a member of the ECB’s general council along with all heads of EU national central banks....
...In all, banks’ share of private lending in the US economy has fallen from 60 per cent in 1970 to 35 per cent last year, according to a new National Bureau of Economic Research paper....
...The moves came after the Swiss National Bank became the first major central bank to start easing monetary policy as it unexpectedly cut its headline interest rate by 25 basis points to 1.5 per cent....
...The European Central Bank has announced its first annual loss for almost two decades, prompting policymakers to carry forward an annual deficit to offset against future profits for the first time....
...But the Fed was not the only central bank that markets deemed surprisingly dovish. Two days before the Fed, the Bank of Japan wrapped its first interest rate increase in 17 years in dovish packaging....
...Mike Harris is the founder of Cribstone Strategic Macro, and an adjunct professor of finance, economics and management for Syracuse University in London....
...The number of UK first-time buyers getting on the housing ladder is on track to hit a 10-year low as higher mortgage rates make purchasers more reliant on the so-called Bank of Mum and Dad....
...This was the first time he has sold shares in the bank other than for charitable or tax purposes. Jefferies said Handler, 62, was using the cash to buy a boat and pay tax obligations....
...It was purchased by Dream First Bank, a bank with $511mn in assets based in Syracuse, Kansas (and formerly known as First National Bank of Syracuse)....
...Scotland’s National Investment Bank almost doubled its losses in the last financial year after being hit by the collapse of the company set up to administer the government’s flagship recycling scheme....
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