By Trevor Hunnicutt and Jeff Mason WASHINGTON (Reuters) -President Joe Biden and Republican House Speaker Kevin McCarthy held initial talks…
Analysis: Fed feeds Wall Street’s soft landing hopes, though recession fears still loom
By Davide Barbuscia and Lewis Krauskopf (Reuters) – A more dovish-than-expected message from Federal Reserve Chairman Jerome Powell stands to…
Japan utilities boost efforts to cut coal import costs, improve energy security
By Yuka Obayashi TOKYO (Reuters) – Japanese power utilities are stepping up efforts to cut thermal coal import costs by…
GSK gives few clues on plans to replenish medicine cabinet
By Natalie Grover and Maggie Fick LONDON (Reuters) -GSK chief executive Emma Walmsley on Wednesday made replenishing the drugmaker’s pipeline…
U.S. House committee to hold aviation safety hearing
By David Shepardson WASHINGTON (Reuters) – A Federal Aviation Administration safety official, National Transportation Safety Board chair and head of…
Citigroup stops margin loans against India Adani’s securities – source
By Anshuman Daga SINGAPORE (Reuters) -Citigroup’s wealth unit has stopped extending margin loans to its clients against securities of India’s…
Marketmind: Markets go all in for disinflation
By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole.…
Honda to start producing new hydrogen fuel cell system co-developed with GM
TOKYO (Reuters) – Japan’s Honda Motor Co said it will start producing a new hydrogen fuel cell system jointly developed…
Asian shares jump, dollar eases after Powell comments
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks jumped on Thursday while the dollar eased after Federal Reserve Chair Jerome…
Pinterest cuts about 150 jobs – Bloomberg News
(Reuters) – Pinterest Inc is laying off about 150 employees, or less than 5% of its total workforce, Bloomberg News…