ZURICH (Reuters) – Nestle will pay a former manager 2 million Swiss francs ($2.2 million) compensation after a Swiss court…
Crucial $1.1 billion IMF deal eludes Pakistan for now; talks continue
By Ariba Shahid KARACHI (Reuters) – Pakistan and the International Monetary Fund are to resume talks online next week they…
G20 exploring cryptocurrency regulation, India’s finance minister says
By Nikunj Ohri (Reuters) – The Group of 20 (G20) big economies is exploring whether the group could collectively regulate…
China tightens requirements on classifying banks’ asset risks
SHANGHAI (Reuters) – China on Saturday tightened risk management requirements on banks, requiring them to classify financial-asset risks in a…
Chevron agrees to sell Myanmar assets and will exit country
By Sabrina Valle HOUSTON (Reuters) – U.S. oil major Chevron Corp on Friday said it had agreed to sell its…
Biden plans to bar some U.S. investments in China, track others -sources
By Karen Freifeld and Alexandra Alper WASHINGTON (Reuters) -The Biden administration plans to outright ban investments in some Chinese technology…
IMF says El Salvador’s bitcoin risks have not materialized but ‘should be addressed’
By Brendan O’Boyle (Reuters) – Risks over El Salvador’s embrace of bitcoin “have not materialized,” but use of the cryptocurrency…
Nasdaq ends lower as Treasury yields rise, Lyft plunges
By Carolina Mandl (Reuters) – The Nasdaq ended lower on Friday as megacap growth stocks came under pressure after Treasury…
New U.S. agriculture trade chief seeks to diversify buyers beyond China
By David Lawder WASHINGTON (Reuters) – U.S. chief agricultural trade negotiator Doug McKalip wants China to keep striving to meet…
Exclusive-Payments giant FIS prepares to break up-sources
By David French, Anirban Sen and Milana Vinn NEW YORK (Reuters) – Banking and payments conglomerate Fidelity National Information Services…