LOS ANGELES (Reuters) – U.S. railroad operator CSX Corp <CSX.O> on Wednesday withdrew its financial forecasts and said it was evaluating future spending as business shutdowns triggered by the COVID-19 pandemic weigh on the U.S. economy. The company, considered one of the most efficient U.S. railroads, also said profit fell less than expected in the […]
(Reuters) – Banks will borrow 1.5 billion euros ($1.7 billion) from the European Central Bank at its seven-day refinancing tender, a Reuters poll of euro money market traders showed on Monday. That is lower than the 1.7 billion euros maturing from the previous week. Forecasts in the poll of 18 traders and analysts ranged between […]
LONDON/NEW YORK (Reuters) – Global bank stocks fell on Monday as depressed U.S. Treasury yields highlighted growing investor worries about economic damage from Russia’s invasion of Ukraine and more financial firms cut ties with Russia.A display shows financial information in a window of the headquarters of Swiss bank UBS, amid Russia’s invasion of Ukraine, in […]
