By Susan Mathew and Devik Jain (Reuters) -The STOXX 600 index closed higher on Wednesday and registered its second straight…
BlackRock backs banks, cuts European, EM debt as part of ‘new playbook’
By Davide Barbuscia and Marc Jones NEW YORK (Reuters) -Asset manager BlackRock has said 2023 will require a new investment…
REUTERS NEXT: Hunger-struck Africa needs liquidity, debt relief
By Joe Bavier JOHANNESBURG (Reuters) – African nations facing a food crisis brought on in part by the global pandemic…
Credit Suisse shares and bonds hit by further market shake-out
By Chiara Elisei and Danilo Masoni (Reuters) – Credit Suisse’s planned $2.4 billion fundraising to help pay for a major…
Renault-Airbus partnership to develop new generation of electric batteries
PARIS (Reuters) -European planemaker Airbus announced on Wednesday a partnership with French carmaker Renault to develop a new generation of…
Disney buys MLB’s stake in streaming firm BAMTech for $900 million
(Reuters) – Walt Disney Co disclosed on Tuesday that it has taken full control of BAMTech, a video-streaming firm spun…
Yellen says she ‘certainly’ plans to remain as Treasury secretary
NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said she “certainly” planned to stay on in her…
Yellen says unemployment rate in 4% range is ‘healthy’
NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that she was not sure what an acceptable…
Honda to develop advanced level 3 self-driving technology by 2029
TOKYO (Reuters) – Honda said it would develop technology enabling its level 3 self-driving capability to function at any speed…
Bugatti joint venture profitable “beyond expectations” – Rimac CEO
By Nick Carey WARWICK, England (Reuters) – The joint venture between Croatian electric carmaker Rimac and Bugatti has been far…