(Reuters) – UniCredit SpA is facing the possibility of higher capital requirements next year, with the European Central Bank (ECB) seeking to ensure the Italian bank’s resilience against risks from…
(Reuters) -British consumer goods giant Unilever is considering the sale of a portfolio of U.S. ice cream brands such as Klondike and Breyers, that could be valued at as much…
(Reuters) – Tesla Inc will shorten shift hours at its Shanghai factory and has delayed on-boarding of new staff at its most productive plant, according to a report by Bloomberg…
(Reuters) – Tesla Inc chief Elon Musk has roped in longtime executive and the company’s president in China, Tom Zhu, to help run the carmaker’s new plant in Austin, Texas,…
(Reuters) – Billionaire Elon Musk’s bankers are considering providing the Tesla Inc Chief Executive Officer with new margin loans backed by the U.S. automaker’s stock to replace some of the…
(Reuters) -Italian insurer Generali SpA is planning to sell roughly 20 billion euros ($21 billion) of its Italian life insurance portfolio, Bloomberg News reported on Wednesday, citing people familiar with…
(Reuters) – Russia is considering setting a price floor for its international oil sales as a response to a cap imposed by G7 nations, Bloomberg News reported on Tuesday. Moscow…
(Reuters) – FTX’s digital currency futures and clearinghouse LedgerX is up for sale and has attracted interest from crypto firms including Blockchain.com, Gemini, Bitpanda and Kalshi, Bloomberg reported on Friday,…
(Reuters) – JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc are all weighing plans to cut bonus pools for their investment bankers by as much as 30%,…
MANILA (Reuters) – The Philippine central bank will hike interest rates this month, though the monetary board is likely to be split over whether to raise the policy rate by…
(Reuters) – U.S. authorities are asking crypto investors and trading firms who worked closely with FTX to hand over information on the company and its key figures including Sam Bankman-Fried…
(Reuters) – Debt-laden developer China Evergrande Group has told offshore creditors that it plans to present a restructuring proposal as soon as the first week of December, Bloomberg News reported…
(Reuters) – Activist investor Carl Icahn has a sizeable short position in video game retailer GameStop Corp, Bloomberg News reported on Monday, citing sources familiar with the matter. GameStop, which…
By Martin Quin Pollard BEIJING (Reuters) – Michael Bloomberg apologised last week at a business forum hosted by the news agency he founded for remarks by British former Prime Minister…
(Reuters) – U.S. President Joe Biden’s top economic adviser, Brian Deese, is expected to leave the White House next year, Bloomberg News reported on Thursday. Deese is expected to quit…
(Reuters) -Swiss drugmaker Novartis AG is considering to sell its ophthalmology and respiratory units, a Bloomberg report said on Wednesday citing people familiar with the matter. The company is seeking…
(Reuters) – Apple Inc is preparing to begin sourcing chips for its devices from a plant under construction in Arizona in the United States, Bloomberg News reported on Tuesday. The…
(Reuters) – American and Bahamian authorities are discussing the possibility of bringing FTX founder Sam Bankman-Fried to the United States for questioning, Bloomberg News reported on Tuesday, citing three people…
(Reuters) -Justin Sun, founder of the crypto token Tron, said he was prepared to provide distressed cryptocurrency exchange FTX with billions in aid, according to a tweet by a Bloomberg…
(Reuters) – Twitter was sued over Elon Musk’s plan to lay off about half of its workforce, Bloomberg News reported on Friday, citing a class-action lawsuit filed in a San…
(Reuters) – Automotive supplier American Axle & Manufacturing Holdings Inc is attracting interest from suitors including London-listed Melrose Industries, Bloomberg News reported on Thursday, citing people familiar with the matter.…
(Reuters) – Goldman Sachs Group Inc’s economists said the U.S. Federal Reserve could bump up interest rates to as high as 5% by March 2023, 25 basis points above its…
(Reuters) – Credit Suisse Group AG’s Chief Compliance Officer Rafael Lopez is set to leave the Swiss bank in the coming weeks after spending little more than a year in…
(Reuters) – Apple Inc’s vice president for industrial design, Evans Hankey, is leaving the company, Bloomberg News reported on Friday, citing people with knowledge of the matter. Hankey’s departure was…
(Reuters) – Sri Lanka Central Bank Governor Nandalal Weerasinghe thinks inflation in the island nation is peaking, with price rises likely to ease this month, Bloomberg News reported on Friday.…