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Inside Debt - January 9
To access a PDF version of this newsletter, please click here You can read Inside Debt via TOPNEWS Fixed Income page.If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/Inside-Debt-Subscription-page For an index of our newsletters click ...Reuters
Thu, Jan 9
UPDATE 1-US Senate planning Jan. 16 hearing for Trump Treasury pick Bessent, Politico reports
Adds comment from committee spokesperson, details on Bessent, from second paragraph WASHINGTON, Jan 9 (Reuters) - The U.S. Senate Finance Committee is planning a Jan. 16 hearing on President-elect Donald Trump's nominee to lead the U.S. Treasury Department, Scott Bessent, Politico reported on Thu...Reuters
Thu, Jan 9
BlackRock quits climate group in Wall Street's latest environmental step-back
BlackRock cites legal inquiries for leaving NZAMIRepublicans criticize climate efforts as 'woke capital'BlackRock's exit may influence other asset managersBy Ross Kerber Jan 9 (Reuters) - BlackRock BLK.N, the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Manager...Reuters
Thu, Jan 9
BRIEF-Michigan Department Of Agriculture E Rural Development Says Highly Pathogenic Avian Influenza Detected In Oakland County Flock
Jan 9 (Reuters) - MICHIGAN DEPARTMENT OF AGRICULTURE E RURAL DEVELOPMENT: HIGHLY PATHOGENIC AVIAN INFLUENZA DETECTED IN OAKLAND COUNTY FLOCKSource text: [ID:]Further company coverage: [ ]Reuters
Thu, Jan 9
US House votes to sanction International Criminal Court over Israel
By Patricia Zengerle WASHINGTON, Jan 9 (Reuters) - The U.S. House of Representatives voted on Thursday to sanction the International Criminal Court to protest its issuing arrest warrants for Israeli Prime Minister Benjamin Netanyahu and his former defense minister over Israel's campaign in Gaza.T...Reuters
Thu, Jan 9
BRIEF-GE Vernova Says China’s Guangming Plant Starts Commercial Operation, Powered By GE Vernova’s H-Class Equipment
Jan 9 (Reuters) - GE Vernova Inc GEV.N:GE VERNOVA INC -CHINA’S GUANGMING PLANT STARTS COMMERCIAL OPERATION, POWERED BY GE VERNOVA’S H-CLASS EQUIPMENTGE VERNOVA INC -PROVIDED THREE OF ITS ADVANCED 9HA.01 HEAVY DUTY GAS TURBINES TO SHENZHEN ENERGY GROUP CORPORATION’S GUANGMING POWER PLANTSource text: ...Reuters
Thu, Jan 9
Australia violated refugees' rights in offshore detention centre, says UN
Australia practises 'offshore processing' of asylum claimsGroup of unaccompanied minors filed complaint to UN in 2016Refugees were held on remote Pacific island of NauruUN committee asks Australia to compensate victimsBy Emma Farge GENEVA, Jan 9 (Reuters) - A U.N. committee found that Australia v...Reuters
Thu, Jan 9
BRIEF-BAWAG Group AG Says Acquisition Of Barclays Consumer Bank Europe Receives All Regulatory Approvals
Jan 9 (Reuters) - BAWAG Group AG BAWG.VI:BAWAG GROUP AG - ACQUISITION OF BARCLAYS CONSUMER BANK EUROPE RECEIVES ALL REGULATORY APPROVALSSource text: ID:nPexyl75faFurther company coverage: BAWG.VI ((Reuters.Briefs@thomsonreuters.com;))Reuters
Thu, Jan 9
Fed's Schmid says Fed balance sheet still depressing yields
By Michael S. DerbyNEW YORK, Jan 9 (Reuters) - Federal Reserve Bank of Kansas City President Jeff Schmid said Thursday the size of the central bank's balance sheet is still putting downward pressure on market borrowing costs. “People think long rates are too high,” Schmid said in response to audienc...Reuters
Thu, Jan 9
TREASURIES-Yields dip as Trump policies stay in focus
Updated in New York afternoon timeBy Karen Brettell NEW YORK, Jan 9 (Reuters) - Treasury yields eased on Thursday following a sharp selloff that sent 10-year yields to a more than eight-month high on Wednesday as traders evaluated the likely economic impact of policies proposed by the incoming ad...Reuters
Thu, Jan 9
US seeks 16-month sentence for Oath Keepers lawyer
By David Thomas Jan 9 (Reuters) - U.S. prosecutors asked a judge in Washington on Thursday to impose a 16-month prison sentence on a top lawyer for the Oath Keepers militia group who participated in the Jan. 6, 2021 attack on the U.S. Capitol by supporters of President-elect Donald Trump.Kellye S...Reuters
Thu, Jan 9
CORRECTED-US, French troops could secure Syria's northern border, Syrian Kurdish official says
Corrects first bullet point to "she", not "he"Ilham Ahmed says she hopes talks will soon bear fruitTurkey threatens incursion against Western-backed Kurdish forcesFrench minister: West owes Kurds for role against Islamic StateSyria in transition after rebels ousted Assad a month agoBy John IrishPARI...Reuters
Thu, Jan 9
UPDATE 1-Musk hosts German far-right leader on X, stirs angst about election meddling
Recasts to reflect that conversation is under way, adds comments throughoutMusk is increasingly vocal in support of Europe's far rightPair agree AfD is censored, slam energy, migration policiesPublicly endorsed Germany's AfD ahead of Feb. 23 electionEU grappling with how to respond to Musk political...Reuters
Thu, Jan 9
BRIEF-Texas Parks And Wildlife Department Says Highly Pathogenic Avian Influenza Causes Duck Mortalities In Austin Area
Jan 9 (Reuters) - TEXAS PARKS AND WILDLIFE DEPARTMENT-HIGHLY PATHOGENIC AVIAN INFLUENZA CAUSES DUCK MORTALITIES IN AUSTIN AREASource text: [ID:]Further company coverage: [ ]Reuters
Thu, Jan 9
UPDATE 2-German defence minister: Allies' group on Ukraine will decide next steps if US retreats
Pistorius addresses possible change in US stanceAustin urges continued support for Kyiv Trump's inauguration raises uncertainty about Ukraine policyAdds comments by U.S. defense secretary, paragraphs 4-8 BERLIN, Jan 9 (Reuters) - Ahead of Donald Trump's inauguration as U.S. president, German ...Reuters
Thu, Jan 9
UPDATE 1-Kroger to pay $110 million to resolve Kentucky lawsuit over opioid epidemic
Adds comment from Kroger in paragraphs 7-8Kentucky received more than it would have in broader settlementKroger denies wrongdoing, calls claims of lacking safeguards falseOpioid epidemic led to 727,000 U.S. deaths from 1999 to 2022By Nate Raymond Jan 9 (Reuters) - Kroger has agreed to pay $110 mi...Reuters
Thu, Jan 9
US Senate planning Jan. 16 hearing for Trump Treasury pick Bessent, Politico reports
WASHINGTON, Jan 9 (Reuters) - The U.S. Senate Finance Committee is planning a Jan. 16 hearing on President-elect Donald Trump's nominee to lead the U.S. Department of Treasury, Scott Bessent, Politico reported on Thursday, citing three unnamed sources familiar with the panel's plans. (Reporting by ...Reuters
Thu, Jan 9
Biden congratulates Aoun on election as Lebanon president
WASHINGTON, Jan 9 (Reuters) - U.S. President Joe Biden said he strongly believed that Joseph Aoun is the right leader for Lebanon and congratulated him on his presidential election victory, the White House said in a statement Thursday. "President Aoun will provide critical leadership as Lebanon ...Reuters
Thu, Jan 9
Lakers game postponed due to LA wildfires
LOS ANGELES, Jan 9 (Reuters) - The NBA has postponed Thursday's game between the Lakers and the Charlotte Hornets in Los Angeles due to the ongoing wildfires, the league said."The entire NBA family sends its thoughts and support to the community of Los Angeles during this challenging time," the NBA ...Reuters
Thu, Jan 9
BREAKINGVIEWS-Los Angeles fires expose inflated US home prices
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Robert Cyran NEW YORK, Jan 9 (Reuters Breakingviews) - Uncontained Los Angeles wildfires point to housing-market problems nationwide. Devastation around the second-biggest U.S. city, including the upscale Paci...Reuters
Thu, Jan 9
New York will give new bar exam in July 2028
By Karen Sloan Jan 9 (Reuters) - New York said on Wednesday that it will use a new version of the bar exam for lawyers' admission to practice starting in July 2028. The revamped bar exam, developed by the National Conference of Bar Examiners, will become the licensing test for about 14,000 law sc...Reuters
Thu, Jan 9
Airbus jetmaking boss says output goal reachable but work ahead
PARIS, Jan 9 (Reuters) - Airbus AIR.PA remains confident it can achieve a target of producing 75 single-aisle A320-family jets a month in 2027 but there is more work to be done in fixing supply chains, the CEO of its jetmaking business, Christian Scherer, said on Thursday.Supplies of engines, interi...Reuters
Thu, Jan 9
Law firms wrangle over fees from $2.7 bln Blue Cross Blue Shield settlement
By David Thomas and Mike Scarcella Jan 9 (Reuters) - Nearly five years after Blue Cross Blue Shield agreed to pay $2.7 billion in one of the largest U.S. antitrust class action settlements ever, a handful of law firms involved in the case are still fighting over their share of the attorney fees. ...Reuters
Thu, Jan 9