By Jody Godoy NEW YORK (Reuters) -Nikola Corp founder Trevor Milton became a billionaire by lying to investors about the most important aspects of his low-emission vehicle company, a prosecutor…
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau announced C$4.5 billion ($3.43 billion) in measures on Tuesday intended to provide relief from high inflation to…
(Reuters) – Deutsche Bank’s International Private Bank unit in the Americas hired Hedieh Bolour as a director based in Los Angeles, according to an internal memo seen by Reuters on…
By Lewis Krauskopf NEW YORK (Reuters) – Another source of potential stock market volatility looms in an already tough year for Wall Street: an approaching midterm U.S. elections that will…
(Reuters) – Morgan Stanley has seen moderation in loan growth and a lower mortgage demand due to rising interest rates, co-President Andrew Saperstein said in a conference on Tuesday. Decades-high…
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co will maintain caution on its staffing levels despite the recent downturn in investment banking, its president…
ZURICH (Reuters) -UBS is seeing increased caution among its clients as worries about the slowing global economy, rising inflation and energy prices hit investor confidence, Chief Financial Officer Sarah Youngwood…
(Reuters) – Honda Motor Co Ltd is considering taking its electric motorcycle unit public, the Wall Street Journal reported on Tuesday, citing the Japanese manufacturer’s managing officer Yoshishige Nomura. The…
MILAN (Reuters) -Blue Skye Financial Partners, a minority investor in Italian soccer champions AC Milan, have dropped efforts in an Italian court to try to suspend the 1.2 billion euro…
By Shreyashi Sanyal and Susan Mathew (Reuters) -European shares tripped 1.6% on Tuesday, retreating from two-week highs hit earlier in the session, as hotter than expected U.S. inflation data cemented…
By Fanny Potkin, Eduardo Baptista and Tony Munroe SINGAPORE/BEIJING (Reuters) -Even as China bars 1.4 billion citizens from Twitter, its local authorities are splurging on global advertising on the site,…
By Manoj Kumar and Jose Devasia NEW DELHI/KOCHI (Reuters) – At least 10 Indian states have announced over 1 trillion rupees ($12.6 billion), mainly in cash transfers and electricity subsidies,…
(Reuters) -A key measure of how many Americans lived in poverty in 2021 fell to a record low thanks in large part to federal government assistance measures aimed at supporting…
MILAN (Reuters) – Junior bonds in Monte dei Paschi di Siena (MPS) rallied on Tuesday, adding to the previous day’s gains, supported by news of possible investor interest in a…
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet unit Google will face damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits…
By David Shepardson WASHINGTON (Reuters) – Boeing jetliner deliveries rose in August to 35 airplanes as the U.S. planemaker resumed handovers of its 787 Dreamliner after a 15-month delay. Boeing…
By Saeed Azhar and Mehnaz Yasmin NEW YORK (Reuters) -Wells Fargo & Co is seeing loan growth moderating after strong growth so far this year and witnessing downward pressure on…
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s inflation rate, heading towards 100% this year, likely eased in August versus a 20-year peak the month before, analysts polled by Reuters…
By Nandita Bose and Trevor Hunnicutt BOSTON (Reuters) -President Joe Biden signed orders on Monday to push more government dollars to the U.S. biotechnology industry, as he promoted his initiative…
(This Sept. 5 story corrects to show year-on-year growth of 2.4%, not 2.8%, and comparative Q1 numbers after SECO corrects data) ZURICH (Reuters) – The Swiss economy grew a real…
By Scott Murdoch and Sameer Manekar (Reuters) -A KKR-led consortium has told Australia’s Ramsay Health Care it will not improve its $14.5 billion cash-and-stock offer for the hospital operator, a…
(Reuters) -Auto parts supplier Aptiv Plc said on Tuesday it would acquire a majority stake in a unit of Italy’ Intercable for 595 million euros ($605.71 million), allowing the U.S.…
By Ross Kerber and Simon Jessop BOSTON/LONDON (Reuters) – Investors managing $39 trillion have called on governments to raise their climate ambition, including setting plans to phase out fossil fuel…
By Marcelo Teixeira NEW YORK (Reuters) – Sales by branded coffee shops in the United States increased 10% in the 12 months to June 2022 to reach $45.8 billion, a…
JAKARTA (Reuters) – Indonesia will review minimum wage and other labour rules, the president’s office said on Tuesday, after trade unions staged nation-wide protests against a recent hike in petrol…