(Reuters) – Bangladesh is seeking $2 billion from the World Bank and the Asian Development Bank (ADB) amid efforts to bolster its foreign exchange reserves, Bloomberg News reported on Wednesday. …
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(Reuters) – Citigroup Inc is planning to hire 500 employees over the next three years for a new wealth division, Bloomberg News reported on Tuesday, citing an interview with the …
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(Reuters) – Chinese leaders told the government that this year’s economic growth of about 5.5% is a guidance and not a hard target in a meeting last week, Bloomberg News …
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(Reuters) – U.S. utility Southern Co Chief Executive Tom Fanning is expected to step down by the end of this year and the company has launched a search for his …
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(Reuters) – AbbVie Inc’s unit Allergan has reached an agreement to pay over $2 billion to resolve thousands of lawsuits related to the marketing of its opioid painkiller, Bloomberg News …
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(Reuters) -Activist investor Elliott Investment Management is building a stake in PayPal Holdings Inc, as it plans to push the fintech giant to ramp up its cost-reduction efforts, Bloomberg News …
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(Reuters) – The European Central Bank (ECB) may not be done with big interest rate hikes after its initial half-point hike last week, Latvian central bank governor Martins Kazaks said …
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(Reuters) – Citigroup, Goldman Sachs and Bank of America are in discussions with regulators to pay around $200 million each in fines over failing to monitor employees’ use of unauthorized …
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(Corrects to add dropped word ‘Sri Lanka’ to headline) (Reuters) – Sri Lanka is continuing negotiations with China for as much as $4 billion in aid and is confident Beijing …
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TOKYO – Tokyo Electric Power Co (Tepco) is considering joining a partnership between state-backed Japan Investment Corp and Japan Industrial Partners to bid for Toshiba Corp, Bloomberg News reported, citing …
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Goldman Sachs expects over $1.2 billion losses from consumer unit this year – Bloomberg News
by Reuters(Reuters) – Goldman Sachs Group Inc’s internal projections show the bank’s consumer unit will record losses of more than $1.2 billion this year, Bloomberg News reported on Tuesday, citing people …
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(Reuters) – Bridgewater Associates has raised its short position on European stocks to $10.5 billion, nearly doubling from the previous week, according to a Bloomberg News report on Thursday, in …
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By Huw Jones LONDON – MarketAxess, Tradeweb and Bloomberg said on Wednesday they were exploring a single price feed for corporate and government bonds in the European Union as the …
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HELSINKI – Finland’s national carrier Finnair, hit hard by the closure of Russian airspace, plans to shift its focus away from Asia travel and reduce the size of its operations, …
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(Reuters) – Apple Inc will make work schedules for retail staff flexible amid a push towards unionization, Bloomberg News reported on Thursday, citing sources. The company told staff at some …
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(Reuters) – Nikola Corp’s founder Trevor Milton voted against the electric vehicle company’s proposal to issue new shares at the company’s annual general meeting, a Bloomberg News report on Thursday, …
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(Reuters) – Citigroup Inc could record losses of more than $50 million after a London-based employee’s fat-finger trade caused a flash crash in European stocks last month, Bloomberg Law reported …
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(Reuters) – Apple Inc plans to keep iPhone production for 2022 roughly flat at about 220 million units, Bloomberg News on Thursday, as China’s COVID-19 curbs, global supply chain issues, …
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(Reuters) – HSBC Holdings PLC is considering an initial public offering of its Indonesian business, as the bank aims to target the growing investment demand in the country, Bloomberg news …
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(Reuters) – Citigroup Inc is weighing a deal to buy Deutsche Bank AG’s Mexican bank, Bloomberg Law reported on Tuesday, citing people familiar with the matter. Citi is planning to …
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(Reuters) – Twitter Inc executives told staff that Tesla Inc Chief Executive Elon Musk’s $44-billion deal was proceeding as expected and would not renegotiate the offer price, Bloomberg News reporter …
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(Reuters) – Apple Inc is indefinitely delaying a plan that would require employees to work from office three days a week due to rising COVID-19 cases, Bloomberg News reported nL3N2V73MG …
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(Reuters) – Private equity firm Carlyle Group Inc is in advanced talks to buy U.S. defense contractor ManTech International Corp in a deal valuing it at about $4 billion, Bloomberg …
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(Reuters) – Elon Musk is in talks to raise enough equity and preferred financing for his proposed buyout of Twitter Inc to negate the need for a $6.25 billion margin …
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(Reuters) – Billionaire Carl Icahn is in talks with Southwest Gas Holdings Inc to reach a truce that could see the activist investor take as many as four seats on …