* MYLAN ADDS TO U.S. WOMEN'S HEALTHCARE PORTFOLIO WITH FDA APPROVAL OF FIRST GENERIC FOR ESTRACEÂ® CREAM [Source]
LONDON, Jan 22 (Reuters) - World stocks and U.S. bond markets on Monday shrugged off a government shutdown in Washington, although the dollar pulled back as the euro continued its strong start to the year.
LONDON, Jan 22 (Reuters) - South Africa's rand rose to its highest in more than two years on Monday amid growing expectations that scandal-tarnished President Jacob Zuma would soon be ousted, while emerging-market equities pushed to another near-decade high.
SAN FRANCISCO, Jan 22 (Reuters) - Facebook Inc warned on Monday that it could offer no assurance that social media was on balance good for democracy, but the company said it was trying what it could to stop alleged meddling in elections by Russia or anyone else.
TEL AVIV, Jan 22 (Reuters) - Bank Leumi has agreed to sell a 15 percent stake in its subsidiary Bank Leumi USA for $141 million to two strategic investors, who will bring the bank expertise in U.S. financial services, Israel's second-largest lender said on Monday.
* ORDER FROM AERCAP FOR TRENT 1000 ENGINES TO POWER 10 BOEING 787 DREAMLINER AIRCRAFT; AERCAP HAS OPTIONS FOR ANOTHER 5 TRENT 1000-POWERED 787S Source text - (http://bit.ly/2rshqMB) Further company coverage:
PARIS, Jan 22 (Reuters) - ATR, the world's largest turboprop maker, reported on Monday that its number of orders had more than tripled from a year ago, buoyed by a general pick-up in the aviation sector.
ZURICH, Jan 22 (Reuters) - Luxury goods maker Richemont on Monday offered up to 2.8 billion euros ($3.42 billion) to buy the shares in Yoox Net-A-Porter that it does not already own in a deal aimed at boosting the Swiss company's online presence.
(Repeats to attach to snaps) TAIPEI, Jan 22 (Reuters) - Taiwan's export orders for December, released by the Ministry of Economic Affairs on Monday. The data is an indication of the strength of Asian exports and of global demand for technology. DECEMBER REUTERS POLL NOVEMBER Export orders (y/y pct) +17.5 +13.0 +11.6 Export orders from China +7.9 +12.8 Export orders from U.S. +10.2
* ANNOUNCES PLACEMENT OF TWO NEW AIRBUS A321-200S WITH FRONTIER AIRLINES; ORDER WILL DELIVER IN THE FOURTH QUARTER OF 2018â€‹ Source text for Eikon: Further company coverage: ( Bangalore.firstname.lastname@example.org )
TEL AVIV, Jan 22 (Reuters) - Bank Leumi has agreed to sell a 15 percent stake in its subsidiary Bank Leumi USA to two strategic investors for $141 million, Israel's second largest bank said on Monday.
(Adds news items) Jan 22 (Reuters) - Britain's FTSE 100 index is seen opening 13 points lower at 7,717.6 on Monday, according to financial bookmakers, with futures down 0.14 percent ahead of the cash market open. * LONMIN: Platinum miner Lonmin reported a 65 percent drop in 2017 profit on Monday citing higher costs and subdued commodity prices but reiterated its 2018 targets. * DIXONS CARPHONE: Dixons Carphone tightened its
TOKYO, Jan 22 (Reuters) - Japanese stocks eked out small gains on Monday, with strength in securities and insurers offsetting falls in resources-related sectors including trading houses, steelmakers and shippers.
PARIS, Jan 22 (Reuters) - French healthcare group Sanofi has agreed to buy U.S. peer Bioverativ for $11.6 billion, in a deal which Sanofi said would boost its earnings and strengthen its presence in the field of treatment for rare diseases.
WASHINGTON, Jan 22 (Reuters) - Hundreds of thousands of federal workers will wake up on Monday with the U.S. government still shut down and the Senate expected to try again to restore federal funding, if only temporarily, and work on resolving a dispute over immigration.
Jan 22 (Reuters) - Thousands of federal workers faced anxiety about the status of their jobs and paychecks after U.S. Senate leaders failed to reach agreement to end a federal government shutdown before the work week begins on Monday.
WASHINGTON, Jan 21 (Reuters) - A U.S. government shutdown will enter its third day on Monday as Senate negotiators failed to reach agreement late on Sunday to restore federal spending authority and deal with demands from Democrats that young "Dreamers" be protected from deportation.
TOKYO (Reuters) - Tokyo held its first missile evacuation drill on Monday with volunteers taking cover in subway stations and other underground spaces that would double as shelters for the Japanese capital in the event of a North Korean missile strike.
SAO PAULO, Jan 21 (Reuters) - Wal-Mart Stores Inc is in talks with buyout firm Advent International Corp and other funds to sell a major stake in its Brazilian operations, two people with direct knowledge of the matter said on Sunday.
MELBOURNE, Jan 22 (Reuters) - British industrialist Sanjeev Gupta is set to bid for industrial assets at General Motors Co's former Holden manufacturing site in South Australia, according to the state's treasurer, aiming to use the equipment to build electric vehicles.
* ENERKEM AND SINOBIOWAY GROUP SIGN A C$125M AGREEMENT TO ACCELERATE ENERKEM'S GLOBAL EXPANSION AND CREATE A JOINT VENTURE TO BUILD OVER 100 BIOFUEL FACILITIES IN CHINA Source text for Eikon: Further company coverage: ( Bangalore.email@example.com )
LOS ANGELES, Jan 21 (Reuters) - Dark comedy "Three Billboards Outside Ebbing, Missouri" won the top prize at the Screen Actors Guild (SAG) awards on Sunday in a ceremony marked by speeches about female empowerment in the face of a sexual misconduct scandal that has swept Hollywood.
TOKYO, Jan 22 (Reuters) - Japan's Nikkei share average inched lower on Monday, with resource-related sectors including trading houses, steelmakers and shippers leading the losses as the U.S. government shutdown hurt risk appetite globally.
DAVOS, Switzerland (Reuters) - Trust in U.S. institutions, particularly the government, has plunged in President Donald Trump's first year in office, according to a leading survey released on the eve of the World Economic Forum in Davos.
WASHINGTON, Jan 21 (Reuters) - A U.S. government shutdown will enter its third day on Monday as Senate negotiators failed to reach a deal late on Sunday on Democrats' demand for legislation protecting "Dreamers," young people brought to the country illegally as children.
WASHINGTON, Jan 21 (Reuters) - The U.S. Senate scheduled a vote for Monday at noon (1700 GMT) on a stopgap spending measure, canceling a planned vote for Monday at 1 a.m. (0600 GMT), ensuring that the federal government will remain closed when the work week begins.
LOS ANGELES, Jan 21 (Reuters) - Allison Janney and Sam Rockwell won early honors at the Screen Actors Guild (SAG) awards on Sunday in a ceremony that showcased women and their stories amid a sexual misconduct scandal sweeping the United States.
WASHINGTON, Jan 21 (Reuters) - Republican and Democratic senators raced on Sunday to try to break an impasse and hammer out a deal that would end a two-day-old U.S. government shutdown before the start of the work week.
TOKYO, Jan 22 (Reuters) - Toshiba Corp is considering an IPO of its prized memory chip business if an agreed $18 billion sale of the unit to Bain Capital fails to gain antitrust approval by the end of March, the Financial Times reported on Monday.
WASHINGTON, Jan 21 (Reuters) - The U.S. Commerce Department has sent President Donald Trump the results of its national security probe into aluminum imports, Trump administration officials said on Sunday, while declining to disclose details.
WASHINGTON, Jan 21 (Reuters) - U.S. Senate Republican and Democratic leaders met on Sunday amid a flurry of congressional negotiations aimed at breaking an impasse that has kept the U.S. government shut down for two days, but it was unclear if a deal could be struck to reopen federal agencies by the start of the work week.
Jan 22 (Reuters) - Gold prices edged up on Monday amid a softer dollar as investors sought safe haven assets after the U.S. government shutdown due to a funding impasse. FUNDAMENTALS * Spot gold rose 0.2 percent to $1,334.10 an ounce by 0046 GMT. * Spot gold fell 0.5 percent last week, its first weekly decline in six weeks. * U.S. gold futures were up 0.1 percent at $1,333.80. * The dollar index , which measures the greenback against a
Jan 21 (Reuters) - Hedge fund investor Carl Icahn and another major owner of Xerox Corp stock, Darwin Deason, are pushing the digital print technology provider to explore strategic alternatives, including a sale, the Wall Street Journal reported on Sunday.
Jan 21 (Reuters) - Stock investors gave a muted reaction to the second day of a U.S. government shutdown on Sunday, with U.S. stock index futures dipping only slightly on expectations that the political impasse will not hurt the U.S. economy.
LOS ANGELES, Jan 21 (Reuters) - Color returned to the red carpet on Sunday for the Screen Actors Guild (SAG) award on a night expected to celebrate female empowerment in the midst of the sexual misconduct scandal sweeping the United States.
SAN FRANCISCO, Jan 19 (Reuters) - Netflix Inc's quarterly results on Monday may offer an advanced preview of whether Facebook Inc, Amazon.com Inc and other heavyweights behind much of the U.S. stock market's record-breaking rally can keep delivering.
SAN FRANCISCO, Jan 21 (Reuters) - Netflix Inc's quarterly results on Monday may offer a preview of whether Facebook Inc, Amazon.com Inc and other heavyweights behind much of the U.S. stock market's record-breaking rally can keep delivering.
CORTINA D'AMPEZZO, Italy (Reuters) - Swiss Lara Gut won the World Cup Super G at Cortina on Sunday to claim her first win since last February's knee injury and signal her return to form in time for the Winter Olympics.
LONDON, Jan 21 (Reuters) - British Prime Minister Theresa May said she would clamp down on bosses who try to "line their own pockets" while not protecting workers' pensions, after the collapse of outsourcer Carillion with a 900-million-pound hole in its pension scheme.
MELBOURNE (Reuters) - Britain's Kyle Edmund reached the quarter-finals of a grand slam for the first time after coming from a set down to oust Italian Andreas Seppi 6-7(4) 7-5 6-2 6-3 in the fourth round of the Australian Open on Sunday.
MELBOURNE (Reuters) - Britain's Kyle Edmund reached the quarter-finals of a grand slam for the first time after coming from a set down to oust Italian Andreas Seppi 6-7(4) 7-5 6-2 6-3 in the fourth round of the Australian Open on Sunday.
DAVOS, Switzerland (Reuters) - European leaders will be out in force at the World Economic Forum in Davos this week to defend multilateralism before U.S. President Donald Trump arrives to deliver his "America First" message.
DAVOS, Switzerland, Jan 21 (Reuters) - European leaders will be out in force at the World Economic Forum in Davos this week to defend multilateralism before U.S. President Donald Trump arrives to deliver his "America First" message.
Jan 20 (Reuters) - Social Finance Inc (SoFi) is in discussions with Anthony Noto, a top Twitter Inc executive, to become the online lender's chief executive, the Wall Street Journal reported on Saturday, citing sources.
WASHINGTON (Reuters) - President Donald Trump and Republican lawmakers were locked in a standoff with Democrats on Saturday over the U.S. government shutdown, with Republicans saying they would not negotiate on immigration until the government is reopened.
CHICAGO/CALGARY, Alberta, Jan 20 (Reuters) - Top U.S. grain merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd, according to a person familiar with the approach, which could set up a bidding war with Swiss-based rival Glencore Plc.
KABUL, Jan 20 (Reuters) - A group of three or four gunmen attacked the Intercontinental Hotel in the Afghan capital Kabul on Saturday and were exchanging fire with security forces, an interior ministry spokesman said.
JOHANNESBURG, Jan 20 (Reuters) - South Africa's Deputy President Cyril Ramaphosa has appointed a new board at state-owned power utility Eskom and named Telkom's chairman Jabu Mabuza as its new chairman, the country's presidency said on Saturday.
MANILA (Reuters) - Philippine troops clashed briefly with pro-Islamic State militants in the volatile south on Saturday, the army said, in their first engagement since the government retook Marawi city in the country's biggest battle since World War Two.
NEW DELHI, Jan 20 (Reuters) - India's biggest explorer Oil and Natural Gas Corp (ONGC) has agreed to buy the government's majority stake in state-refiner Hindustan Petroleum Corp for 369 billion rupees ($5.78 billion), ONGC said on Saturday.
FRANKFURT, Jan 20 (Reuters) - German car parts maker Schaeffler sees no merit in splitting the company, contrasting with peers such as Continental, Delphi or Autoliv, which have spun off units or are considering doing so.
Jan 19 (Reuters) - Twitter Inc, which is reviewing Russian interference during the 2016 U.S. elections, said on Friday it would notify some of its users whether they were exposed to content generated by a suspected Russian propaganda service.
CHICAGO/CALGARY, Alberta, Jan 19 (Reuters) - Top U.S. grains merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd, The Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with Swiss-based rival Glencore Plc.
CHICAGO/CALGARY, Alberta, Jan 19 (Reuters) - Top U.S. grains merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd, the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with Switzerland-based rival Glencore Plc.
Jan 19 (Reuters) - Agricultural trader Archer Daniels Midland Co made a takeover approach to rival Bunge Ltd , the Wall Street Journal reported on Friday, citing people familiar with the matter. http://on.wsj.com/2mSY8L0
Jan 19 (Reuters) - Private equity firm Vista Equity Partners Management LLC is exploring options for two software companies it owns, PowerSchool and PeopleAdmin, that could involve combining them in a deal worth between $2 billion to $3 billion, according to people familiar with the matter.
ANCHORAGE, Alaska, Jan 19 (Reuters) - The rebound in the price of crude oil in recent months that has helped producers will be temporary, and the industry must prepare for competition from energy sources elsewhere, the head of the Alaska operations of BP Plc said at an industry conference on Friday.
SAN FRANCISCO, Jan 19 (Reuters) - Facebook Inc will prioritize "trustworthy" news in its feed of social media posts, using member surveys to identify high-quality outlets and fight sensationalism and misinformation, Chief Executive Mark Zuckerberg said on Friday.
Jan 19 (Reuters) - Ohio environmental regulators on Friday asked federal energy regulators to order Energy Transfer Partners LP to cease drilling operations on the Rover natural gas pipeline under the Tuscarawas River over concern about the potential for a spill.
CHICAGO/CALGARY, Alberta, Jan 19 (Reuters) - Top U.S. grains merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd, the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore Plc.
Jan 19 (Reuters) - Buyout firm Vintage Capital Management LLC has agreed not to raise its stake in its acquisition target Rent-A-Center Inc or seek to gain control of its board as they talk about a potential deal, the furniture retailer said on Friday.
NEW YORK, Jan 19 (Reuters) - New Jersey's new governor, Phil Murphy, signed an executive order on Friday calling for an evaluation of the state's corporate tax break programs by the comptroller's office before year-end.
WASHINGTON, Jan 19 (Reuters) - A U.S. government shutdown will stall new defense department contracts and ultimately increase the costs of weapons, creating even more budgetary headaches as lawmakers grapple with a government funding crisis.
(Updates prices) By Bruno Federowski BRASILIA, Jan 19 (Reuters) - Brazilian stocks hovered near all-time highs on Friday as optimism over the country's economic prospects sustained demand for local assets, while hopes of a tie-up with Boeing Co boosted shares of Embraer SA . The benchmark Bovespa stock index rose 0.32 percent, hitting an intraday record of 81,429. The bourse was supported by blue chips such as lenders Banco Bradesco SA and ItaÃº Unibanco Holding SA. Emerging mark
NEW YORK, Jan 19 (Reuters) - The dollar's drop to three-year lows this week after prolonged weakness in 2017 is expected to further boost profits at big U.S. companies when investor optimism is already high over corporate tax cuts.
WASHINGTON, Jan 19 (Reuters) - Seven & i Holdings Co Ltd , the Tokyo-based parent company of the 7-Eleven network of stores, agreed to sell and divest some of its stores in its proposed $3.3 billion acquisition of 1,100 Sunoco LP outlets, the U.S. Federal Trade Commission said Friday.
* VALUE LINE â€ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.18 PER COMMON SHARE , A SPECIAL DIVIDEND OF $0.20 PER SHARE AND REAFFIRMS SHARE BUYBACK PROGRAMâ€‹ Source text - http://bit.ly/2DUq0Xn Further company coverage:
WASHINGTON, Jan 19 (Reuters) - The U.S. State Department on Friday said it has approved the possible sale of 34 Lockheed Martin Corp F-35 jets to Belgium for $6.53 billion, a potential new customer for the No. 1 U.S. defense contractor's most important product.
Jan 19 (Reuters) - McDonald's Corp and a U.S. labor board are in talks to settle a case claiming the fast food company is liable for purported labor law violations by its franchisees, leading a judge on Friday to pause a trial that began in 2015.
* WHIRLPOOL - â€ESTIMATES WILL RECORD U.S. GAAP ONE-TIME, NON-CASH CHARGE OF ABOUT $425 MILLION TO TAX EXPENSE IN Q4 DUE TO TAX CUTS AND JOBS ACTâ€‹ Source text: (http://bit.ly/2rli3aR) Further company coverage:
(Reuters) - South Korean slider Yun Sung-bin made history for his country on Friday by winning the men's skeleton overall World Cup and ending a run of eight titles in a row for Estonia's Martins Dukurs.
* SCOTTS MIRACLE-GRO- ON JAN. 19, BOARD ADOPTED RESOLUTION PURSUANT TO CODE OF REGULATIONS OF CO TO REDUCE SIZE OF BOARD FROM 11 TO 10 MEMBERSâ€‹ Source text: (http://bit.ly/2rolu0s) Further company coverage:
SAN FRANCISCO, Jan 19 (Reuters) - Facebook Inc will begin to prioritize "trustworthy" news outlets on its stream of social media posts as it works to combat "sensationalism" and "misinformation," Chief Executive Mark Zuckerberg said on Friday.
HOUSTON Jan 19 (Reuters) - Schlumberger on Friday posted a fourth quarter loss on charges but beat Wall Street forecasts and gave an upbeat outlook, predicting its international operations would grow in 2018 for the first time in four years.
* J CREW GROUP INC - â€ON JAN, 16, , BOARD OF CO APPOINTED SETH FARBMAN TO BOARD OF COMPANY, WHICH INCREASED SIZE OF BOARD TO TEN MEMBERS - SEC FILINGâ€‹ Source text for Eikon: Further company coverage:
TORONTO, Jan 19 (Reuters) - Canadian marijuana producer Aurora Cannabis Inc is in talks with rivals CanniMed Therapeutics Inc and Newstrike Resources Ltd to acquire both companies in a friendly deal, people familiar with the situation told Reuters on Friday.
NEW YORK, Jan 19 (Reuters) - Delta Air Lines is tightening the requirements for passengers traveling with onboard service and emotional support animals, the carrier said on Friday, following a sharp uptick in pet-related safety issues in recent years.
* VERINT SYSTEMS - INTEND TO REAFFIRM, AND HEREBY REAFFIRMING, NON-GAAP OUTLOOK FOR YEAR ENDING JAN 31, 2018 ON CALL WITH EXISTING, POTENTIAL LENDERS Source text: (http://bit.ly/2DRS6Ct) Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)
The Trump team, like so many administrations before them, has been preparing to sell the accomplishments of its first year in office. If the government shuts down, these efforts won't matter because it will all be overshadowed by the impact of the loss of government services on the public and a debate about who is responsible.
(Adds Permian rigs and production) By Scott DiSavino Jan 19 (Reuters) - U.S. energy companies this week cut oil rigs for the second time in three weeks even though crude prices traded near their highest level since 2014. Drillers cut five oil rigs in the week to Jan. 19, bringing the total count down to 747, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday. The U.S. rig count, an early indicat
Jan 19 (Reuters) - * Synchrony Financial posted quarterly adjusted earnings of 70 cents per share. The mean expectation of 20 analysts for the quarter ended December 31 was for earnings of 63 cents per share. * Revenue rose 7.94 percent to $3.92 billion from a year ago; analysts expected $3.96 billion. * Synchrony Financial's Reported EPS for the quarter was 49 cents. * The mean earnings estimate of analysts had risen by about 9.4 percent in the last three months. * In the last 30 days twelve
Jan 19 (Reuters) - * Kansas City Southern posted quarterly adjusted earnings of $1.38 per share. The mean expectation of 18 analysts for the quarter ended December 31 was for earnings of $1.37 per share. * Revenue rose 10.34 percent to $660.40 million from a year ago; analysts expected $656.28 million. * Kansas City Southern's Reported EPS for the quarter was $5.33. * The mean earnings estimate of analysts had risen by about 0.6 percent in the last three months. * In the last 30 days six analys
FRANKFURT, Jan 19 (Reuters) - Biotest said on Friday that it has sold its U.S. operations, allaying national security concerns by U.S. authorities and paving the way for the German company's sale to a Chinese investor.
Jan 19 (Reuters) - * Regions Financial Corp posted quarterly adjusted earnings of 36 cents per share. The mean expectation of 27 analysts for the quarter ended December 31 was for earnings of 26 cents per share. * Revenue rose 11.91 percent to $1.49 billion from a year ago; analysts expected $1.44 billion. * Regions Financial Corp's Reported EPS for the quarter was 27 cents. * The mean earnings estimate of analysts had risen by about 0.1 percent in the last three months. * In the last 30 days s
CHICAGO, Jan 19 (Reuters) - In a blow to manufacturers Monsanto Co and BASF SE, Arkansas state lawmakers voted on Friday to bar sprayings of a controversial weed killer after mid-April to protect farmers from potential crop damage.
NEW YORK, Jan 19 (Reuters) - A federal judge on Friday dismissed a proposed class-action lawsuit by a New York vegetarian who accused Buffalo Wild Wings Inc of failing to disclose that it cooked french fries and other "non-meat" items in beef fat.
RIO DE JANEIRO, Jan 19 (Reuters) - Brazilian production of refined oil products slid 4.5 percent last year to 665.721 million barrels compared with 2016, oil regulator ANP said on Friday, as output of both diesel and gasoline dipped.
HOUSTON Jan 19 (Reuters) - Schlumberger on Friday posted a fourth quarter loss on charges but beat Wall Street forecasts and offered an upbeat outlook that included the first growth in its struggling international operations in four years.
NEW YORK, Jan 19 (Reuters) - Fitch Ratings said on Friday its top AAA debt rating for the United States would not be directly impacted by a possible federal shutdown, which will begin on Saturday if lawmakers fail to clinch a deal to fund the government.
Jan 19 (Reuters) - Kansas City Southern, a U.S. railroad with extensive operations in Mexico, sought to ease investor fears on Friday over the future of the North American Free Trade Agreement, touting forecasts of solid freight volumes and a stronger economy in 2018.
HOUSTON Jan 19 (Reuters) - Schlumberger on Friday posted a large fourth quarter loss on charges but beat Wall Street forecasts and offered an upbeat outlook that included the first growth in its struggling international operations in four years.
Jan 19 (Reuters) - Home improvement chain Lowe's Cos Inc said it has nominated two independent board members and plans to add a third following "constructive" talks with hedge fund D.E. Shaw Group, which has taken an activist stake, sending shares up 3 percent on Friday.
* BETTERU EDUCATION - ANNOUNCE A NON-BROKERED PRIVATE PLACEMENT TO RAISE UP TO MAXIMUM OF $1 MILLION OR 2.2 MILLION UNITS AT DEEMED PRICE OF $0.46 PER UNIT Source text for Eikon: Further company coverage:
SAO PAULO, Jan 19 (Reuters) - The board of directors of Brazilian state-owned bank Caixa EconÃ´mica Federal approved on Friday rules to improve the bankâ€™s governance, the company said in a statement.
MADRID, Jan 19 (Reuters) - The sacked former leader of Catalonia said on Friday he could be re-elected as the region's president and rule remotely from his self-imposed exile in Brussels, but the Spanish government said it would not let that happen.
Jan 19 (Reuters) - The Baltic Exchange's main sea freight index fell on Friday and continued to linger around five month lows as the capesize segment recorded its biggest weekly percentage decline in two years.
Jan 19 (Reuters) - Regions Financial Corp and SunTrust Banks Inc reported quarterly earnings on Friday that topped Wall Street expectations, benefiting from higher interest rates amid sluggish lending.