NEW YORK (Reuters) – Citigroup Inc said on Tuesday it would purchase Deutsche Bank’s Mexican banking license in order to…
Fed terminal rate to reach just under 5%, said bond strategists – Reuters poll
BENGALURU (Reuters) – Sovereign bond yields are likely to remain elevated in the near term and be at higher levels…
U.S. wholesale inventories revised lower in September
WASHINGTON (Reuters) – U.S. wholesale inventories increased less than initially thought in September amid decreases in stocks of petroleum and…
U.S. court rejects requests to block Albertsons’ dividend payout
(Reuters) – A U.S. federal court on Tuesday denied requests to temporarily block Albertsons Companies Inc’s $4 billion dividend payment…
U.S. climate envoy Kerry: We need multilateral development bank reform
SHARM EL-SHEIKH, Egypt (Reuters) – Multilateral development bank reform is absolutely critical, U.S. climate envoy John Kerry said on Wednesday,…
Phillips 66 plans to lay off 1,100 workers by end-2022
(Reuters) – Refiner Phillips 66 said on Wednesday, it plans to reduce its employee headcount by 1,100 to help cut…
Cryptoverse-Elon Musk frees the bird and the dog coin flies
By Vidya Ranganathan SINGAPORE (Reuters) – It’s no joke. Elon Musk’s acquisition of Twitter has put fresh wind in the…
Major private equity firms become latest targets in SEC’s communication probe
(Reuters) – U.S. private equity giants KKR & Co Inc, Apollo Global Management and Carlyle Group were added to a…
IBM launches its most powerful quantum computer with 433 qubits
By Jane Lanhee Lee (Reuters) – International Business Machines Corp on Wednesday said it launched its most powerful quantum computer…
Afghan central bank gets fresh banknotes after U.S. helps clear payment
By Charlotte Greenfield (Reuters) – A Polish firm has delivered Afghani banknotes to Kabul this week after the United States…