By Rachna Uppal DUBAI (Reuters) – Trade and investment ties between China and Gulf Arab states are expected to feature…
German court dismisses challenge to 750 billion euro EU recovery fund
BERLIN (Reuters) -Germany’s constitutional court on Tuesday threw out a legal challenge to the European Union’s 750-billion-euro ($786 billion) recovery…
EY sees other Big Four firms mirroring its proposed split
By Huw Jones LONDON (Reuters) – Splitting EY into separate accounting and consultancy businesses will help pay rising technology bills…
Goldman Sachs CEO says job market ‘surprisingly tight’
(Reuters) – Goldman Sachs Chief Executive Officer David Solomon said on Tuesday that the job market remains “surprisingly tight” and…
BlackRock and Tradeweb Markets partner on credit trading
NEW YORK (Reuters) – The world’s largest asset manager BlackRock Inc and trading platform Tradeweb Markets Inc are partnering to…
Volkswagen CEO to present software ‘reality check’ to board on Dec 15
By Jan Schwartz HAMBURG (Reuters) – Volkswagen’s CEO will outline a new software and vehicle platform strategy to the carmaker’s…
Airlines see return to profit in 2023, clash with airports
By Emma Farge GENEVA (Reuters) -Global airlines are predicting their first industry-wide profit since 2019 next year as air travel…
Brazil’s Nubank announces $330 million equity capitalization in Mexico
MEXICO CITY (Reuters) – Brazilian digital bank Nubank, Latin America’s largest fintech, announced on Tuesday a $330 million equity capitalization…
FX swap debt a $80 trillion ‘blind spot’ BIS says
By Marc Jones LONDON (Reuters) – Pension funds and other ‘non-bank’ financial firms have more than $80 trillion of hidden,…
TSX futures edge up as gold shines, BoC meet in focus
(Reuters) – Futures for Canada’s resources-heavy main stock index edged up on Tuesday as gold prices rose, while investors await…