By Huw Jones (Reuters) – Microsoft is to take a 4% equity stake in London Stock Exchange Group as part…
Too good to be bad, too risky to be good, Fed managing ‘unloved’ economy
By Howard Schneider WASHINGTON (Reuters) – After playing catch-up with inflation through the past year in a policy shift made…
Marketmind: 4×50
A look at the day ahead in U.S. and global markets from Mike Dolan. A barrage of major central bank…
U.S. finalizes $2.5 billion loan to GM, LG battery joint venture
By David Shepardson WASHINGTON (Reuters) – The U.S. Energy Department said on Monday it had finalized a $2.5 billion low-cost…
Mercedes-Benz Vans plans first electric-only plant in Jawor
(Reuters) -Mercedes-Benz Vans will invest more than 1 billion euros ($1.05 billion) to build its first electric-only vans plant in…
Rivian pauses JV plans with Mercedes-Benz to make electric vans in Europe
(Reuters) – Rivian Automotive Inc said on Monday it is pausing its joint venture with Mercedes-Benz Vans, just three months…
Exclusive-Morgan Stanley to slash 2022 banker bonuses in Asia by up to half – sources
By Scott Murdoch and Kane Wu SYDNEY/HONG KONG (Reuters) – Morgan Stanley plans to slash investment bankers’ annual bonuses by…
European food delivery shapes up with Getir’s Gorillas buy
By Toby Sterling AMSTERDAM (Reuters) -Grocery-in-minutes company Getir’s $1.2 billion deal to buy rival Gorillas is an important step toward…
Marketmind: Hunkering down
A look at the day ahead in European and global markets from Anshuman Daga Just as China faces a testing…
U.S. inflation will be much lower by end of 2023 – Yellen
By Costas Pitas and Andrea Shalal (Reuters) – U.S. Treasury Secretary Janet Yellen on Sunday forecast a substantial reduction in…