By Michael S. Derby and Howard Schneider (Reuters) – Two Federal Reserve officials said on Thursday the U.S. central bank…
Renault CEO: Ampere unit start timing is “ideally” by end of 2023
PARIS (Reuters) – Renault’s preparation efforts for carving-out its combustion engine unit are going “smoothly” and should be completed by…
Virgin wins $160 million in trademark dispute with Alaska Airlines
By Sam Tobin LONDON (Reuters) – Virgin Group won its trademark case against Alaska Airlines Inc for approximately $160 million…
China sanctions Lockheed Martin, Raytheon over Taiwan arms sales
BEIJING (Reuters) -China on Thursday put Lockheed Martin and a unit of Raytheon Technologies on an “unreliable entities list” over…
Litigation funders deployed $3.2 billion in U.S. investments last year – report
By Sara Merken (Reuters) – Companies that finance U.S. commercial lawsuits in exchange for a cut of any recoveries upped…
Exclusive-World Bank may loosen loan ratio to free up $4 billion a year
By Andrea Shalal WASHINGTON (Reuters) – The World Bank, under pressure to do more to help developing countries cope with…
Judge on Bankman-Fried: ‘Why am I being asked to turn him loose?’
By Luc Cohen NEW YORK (Reuters) -A U.S. judge intimated on Thursday that Sam Bankman-Fried might deserve to be jailed…
Australia’s Westpac posts lower CET1 ratio as provisions rise
(Reuters) – Westpac Banking Corp said on Friday its common equity tier-1 ratio in the first quarter fell sequentially as…
ECB says rate hikes have yet to be felt, even as more loom
By Marc Jones LONDON (Reuters) – The European Central Bank’s sharp increase in borrowing costs has yet to be fully…
Mercedes-Benz to buy back up to 4 billion euros in shares by 2025
BERLIN (Reuters) -Mercedes Benz said on Thursday it plans to buy back up to 4 billion euros ($4.28 billion) of…