WASHINGTON (Reuters) – New orders for key U.S.-manufactured capital goods unexpectedly rose in June, suggesting business spending on equipment could continue to grow after rebounding in the second quarter. Orders…
WASHINGTON (Reuters) – U.S. bank regulators released a proposal Thursday that would direct the nation’s largest banks to raise their capital, arguing a larger cushion is needed to ensure stability.…
By Jonathan Stempel and Tatiana Bautzer NEW YORK (Reuters) -Bank of America CEO Brian Moynihan said U.S. authorities need to be careful when implementing new capital requirements of the Basel…
By Tatiana Bautzer and Pete Schroeder NEW YORK (Reuters) – U.S. banking giants may take up to four years to set aside profits to meet new capital rules, according to…
NEW YORK (Reuters) – Asset manager Rithm Capital has agreed to acquire hedge fund firm Sculptor Capital Management for $639 million, the companies said in a statement on Monday. Rithm…
SYDNEY (Reuters) – United States Navy personnel from a newly commissioned U.S. combat ship paraded through Australia’s capital on Sunday, as the two allies carry out war games amid China’s…
TOKYO (Reuters) – Core inflation in Japan’s capital likely stayed above the central bank’s 2% target but slowed sharply in July, a Reuters poll showed on Friday, suggesting that easing…
(Reuters) – Consumer lender Capital One Financial reported a second-quarter profit on Thursday that beat analysts’ estimates, helped by higher income from borrowers following a rise in benchmark lending rates.…
By Krystal Hu (Reuters) -Michael Moritz, the storied venture capitalist who sits on the boards of Stripe and Instacart, is leaving Sequoia Capital after 38 years, according to a letter…
(Reuters) -Canada’s banking regulator on Tuesday proposed changes to capital adequacy guidelines that would require lenders and mortgage insurers to hold more funds to better manage risks from a sharp…
22 Dead After Airstrike Rocks African Nation’s Capital Nick Pope on July 8, 2023 A major airstrike Saturday outside of Khartoum, Sudan, has left at least 22 people dead, according…
(Reuters) – Fierce battles broke out on Tuesday across Omdurman, the western part of Sudan’s wider capital, as the army tried cut off supply routes used by its paramilitary rivals…
By Kylie Madry MEXICO CITY (Reuters) – Mexico is likely to hand over control of the capital’s main airport – the busiest in the country – to its navy, according…
LONDON (Reuters) – Two creditors of France’s Orpea have filed an application in a U.S. court against another creditor and the creditor’s financial adviser to obtain and use documentation related…
By Scott Murdoch and Yantoultra Ngui SYDNEY/SINGAPORE (Reuters) – Asia’s dealmakers are counting on a pause in rate hikes globally and an economic rebound in China to rekindle activity in…
DUBAI/CAIRO (Reuters) -Air strikes killed civilians and pummelled multiple parts of the Sudanese capital on Saturday, residents said, as warring military factions agreed to another ceasefire in a series that…
By Jan Schwartz and Victoria Waldersee (Reuters) – Volkswagen will face investors hungry for answers at its capital markets day next Wednesday on how it will achieve high cost-cutting targets…
DUBAI (Reuters) – The Saudi Central Bank, known as SAMA, may need to inject liquidity into the banking sector like it did last year as interbank rates sit at their…
BENGALURU (Reuters) – U.S. private equity firm Bain Capital is looking to sell a 0.7% stake in India’s Axis Bank worth as much as $267 million, CNBC-TV18 reported on Wednesday,…
By Gabriel Araujo SAO PAULO (Reuters) – Brazilian airline Azul is ready to raise additional capital, its chief executive said in an interview, after reaching deals with lessors and bondholders…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Hedge fund Arex Capital Management is urging Enhabit to put itself up for sale and wants the home health and hospice provider to…
COLOMBO (Reuters) – Sri Lanka’s government has decided to extend a restriction on outward capital transactions by six months due to pressure on its limited foreign exchange reserves, cabinet spokesperson…
By Kanishka Singh and Brad Brooks WASHINGTON (Reuters) -The shroud of polluted air emanating from Canadian wildfires pushed further down the Atlantic Seaboard on Thursday, blanketing Washington, D.C., in an…
SHANGHAI (Reuters) – Chinese search giant Baidu Inc will set up a venture capital fund of 1 billion yuan ($145 million) to back start-ups focused on content generated by artificial…
JOHANNESBURG (Reuters) – South Africa’s central bank has warned of risks to the country’s financial stability, due to capital outflows and the possibility of sanctions following a U.S. diplomat’s accusation…