AMSTERDAM (Reuters) – Supply chain snags, spending cuts by customers and U.S. trade curbs on China are likely to be…
German prosecutors search Deutsche Bank HQ in tax fraud probe
By Tom Sims and Marta Orosz BERLIN (Reuters) -German prosecutors have searched the headquarters of Deutsche Bank in connection with…
U.S. home builder sentiment falls for 10th straight month – NAHB
(Reuters) – Confidence among U.S. single-family homebuilders fell for the 10th straight month in October as soaring mortgage rates and…
Turbulent markets jolt currency hedge funds from decade-long slumber
By Nell Mackenzie LONDON (Reuters) – Veteran hedge fund manager John Taylor describes one of his favourite Gary Larson cartoons,…
U.S. manufacturing output rises more than expected in September
(Reuters) – Production at U.S. factories rose in September led by output gains in both durable and nondurable goods, indicating…
Stellantis expects semiconductor supply to be fixed by end of 2023
PARIS (Reuters) – Carmaker Stellantis expects the shortage in the supplies of semiconductor chips to be fixed by the end…
Factbox-These are the leaders who want to reshape Goldman Sachs
(Reuters) – Goldman Sachs Group Inc unveiled a plan to reorganize its business into three units in another overhaul in…
Salesforce shares jump on report that Starboard has taken a stake
(Reuters) – Starboard Value LP has taken a stake in Salesforce Inc, CNBC reported, citing the activist investment firm’s founder…
U.S. Treasury’s Adeyemo heads to APEC meeting with focus on trade, ‘resilience’
WASHINGTON (Reuters) – U.S. Deputy Treasury Secretary Wally Adeyemo will travel to Asia this week for a two-day meeting with…
United States, Japan agree to partner on advanced air mobility
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) and the Japan Civil Aviation Bureau (JCAB) agreed to…