(Reuters) -Facebook-parent Meta Platforms Inc needs to streamline by cutting jobs and capital expenditure, its shareholder Altimeter Capital Management said…
Yellen taking steps to enhance Treasury market, boost funds resilience
By David Lawder (Reuters) -The U.S. Treasury is taking steps to strengthen the resilience of the Treasury debt market and…
Britain’s new PM Sunak will get little leeway from markets, investors say
By Alun John and Harry Robertson LONDON (Reuters) – Investors welcomed Rishi Sunak as Britain’s new prime minister on Monday,…
European stocks rise on hopes of Fed pause; eyes on ECB meeting
By Sruthi Shankar and Devik Jain (Reuters) -European shares rose on Monday on hopes the Federal Reserve could slow its…
Exclusive-Philip Morris to get EU nod for Swedish Match with asset sale -sources
By Foo Yun Chee BRUSSELS (Reuters) -Marlboro maker Philip Morris is set to gain EU antitrust approval for its $16…
Mexico to discuss lithium, auto industry with U.S. climate envoy Kerry
MEXICO CITY (Reuters) – Mexico will speak with U.S. climate envoy John Kerry about lithium, batteries and the automotive industry…
Explainer-Credit Suisse in spotlight ahead of strategy shift
ZURICH (Reuters) – With only days to go before unveiling a major strategic overhaul, Credit Suisse is racing to firm…
Cotton exporter Benin developing home-grown textile industry
By Pulcherie Adjoha GLO-DJIGBE, Benin (Reuters) – On a large factory floor in southwestern Benin, dozens of young people cut,…
Russia’s Sberbank opens ‘vostro’ rupee accounts at India branches
MOSCOW (Reuters) – Russia’s dominant lender Sberbank is offering clients “vostro” accounts in rupees at its branches in India, aiming…
Exclusive-SAP delays Russia exit as deal talks fail and workers at risk
By Alexander Marrow and Supantha Mukherjee MOSCOW/STOCKHOLM (Reuters) – SAP will miss its deadline to exit Russia before the end…