US and Vietnam ink historic partnership in Biden visit, with eyes on China

HANOI/WASHINGTON (Reuters) -U.S. President Joe Biden on Sunday secured deals with Vietnam on semiconductors and minerals as the strategic Southeast Asian nation lifted Washington to Hanoi's highest diplomatic status alongside China and Russia.

newspaper

10-09-2023

US, Vietnam upgrade ties as Biden visits in hedge against China

HANOI/WASHINGTON (Reuters) -U.S. President Joe Biden secured deals with Vietnam on semiconductors and minerals as the strategic Southeast Asian nation elevated Washington to its highest diplomatic status alongside China and Russia.

newspaper

10-09-2023

FDIC says it should have supervised First Republic more closely

WASHINGTON (Reuters) -The Federal Deposit Insurance Corp should have been more aggressive in policing First Republic Bank's risk management prior to its May failure, but it was unclear if that would have saved it given the speed with which depositors yanked their money, the agency said.

newspaper

08-09-2023

FDIC says supervisors could have been more aggressive before First Republic's failure

WASHINGTON (Reuters) -A U.S. banking regulator said its supervisors could have been more aggressive in policing First Republic Bank's risk management prior to its May failure, but it was unclear if that would have saved the bank in the face of the unexpected speed that depositors pulled their money.

newspaper

08-09-2023

FDIC publishes post-mortem of its supervision of failed First Republic Bank

A U.S. banking regulator said its supervisors could have been more aggressive in policing First Republic Bank's management of interest rate risk and uninsured deposits prior to its May failure, but it was unclear if that would have saved the bank in the face of the unexpected speed that depositors pulled their money.

newspaper

08-09-2023

U.S. food companies go deal hunting as pandemic growth fades

U.S. packaged food companies are set for a flurry of deals in a push to revamp their brand portfolios as their pandemic-era fortunes fade and benefits of price hikes start to taper off.

newspaper

08-09-2023

French wine output falls with sharp contrasts between vineyards

PARIS (Reuters) -Wine production in France is expected to fall 2% this year, with major disparities between regions after some vineyards were severely hit by fungal diseases while good weather in other regions boosted potential output, the French farm ministry said.

newspaper

08-09-2023

French ministry forecasts 2023 wine production at 45 million hl

Wine production in France is expected to reach nearly 45 million hectolitres this year, in line with an initial range of 44-47 million projected last month, the farm ministry said on Friday.

newspaper

08-09-2023

Fed Board gets last governor as it nears economic crossroads

(Reuters) -The U.S. Senate on Thursday confirmed World Bank economist Adriana Kugler to the Federal Reserve, filling the last open seat at the U.S. central bank's governing board as policymakers near a potential crossroads in their fight against inflation.

newspaper

07-09-2023