Financial News

By Timothy Gardner WASHINGTON – The United States is analyzing what damage could be done by Russia to Western allies, such as halting oil and gas exports, if the Biden …

– Pre-production vehicles of General Motors Co’s electric SUV Cadillac Lyriq have been assembled and are expected to be delivered to customers in a “few months”, President Mark Reuss said …

By Elizabeth Dilts Marshall NEW YORK -Wells Fargo & Co on Thursday said the Office of the Comptroller of the Currency (OCC) terminated a 2015 consent order after the bank …

PARIS – France has decided to loosen its directive for people to work-from-home, said Prime Minister Jean Castex, as the country aims to get through a fifth wave of the …

By David Shepardson WASHINGTON -The chairmen of two congressional panels on oversight and trade on Thursday assailed Tesla’s expansion in China’s far-western Xinjiang region, where detention camps have drawn heavy …

By Anirban Sen and Matt Scuffham -Goldman Sachs and JPMorgan Chase, Wall Street’s premier investment banks, this week informed staff of bumper bonuses for 2021, following a record-breaking year for …

MEXICO CITY/HOUSTON – Royal Dutch Shell will supply crude to the 340,000-barrel-per-day Deer Park refinery for at least 15 years, as part of the sale of its stake in the …

-U.S. Trade Representative Katherine Tai said on Thursday that global trade policy makers should not try to recreate the pre-pandemic trading system but build one that is more resilient, sustainable …

NEW YORK – Goldman Sachs increased its annual bonus pool for top-performing investment bankers by 40% to 50%, three people with direct knowledge of the matter said, after a record-breaking …

By Maria Tsvetkova MOSCOW – Russian-backed separatists in east Ukraine would expect Russia’s army to fight with them against Ukrainian government forces if Moscow follows through on a parliamentary proposal …

By Phil Stewart, Idrees Ali and Yimou Lee WASHINGTON – The United States is looking for ways to potentially accelerate delivery of Taiwan’s next generation of new-build F-16 fighter jets, …

By Howard Schneider WASHINGTON – As part of its battle against inflation and a return to more normal monetary policy, the U.S. Federal Reserve is approaching a decision to reduce …

WASHINGTON – The International Monetary Fund expects to raise its forecast that the COVID-19 pandemic will cost the global economy $12.5 trillion through 2024, the head of the global lender …