Morgan Stanley Posts Lower Quarterly Profit As Dealmaking Stalls
(Reuters) -Morgan Stanley on Thursday reported a drop in second-quarter profit, as dealmaking slumped amid soaring market volatility and dented…
July 14, 2022
Scholz party mulls bids to expel German ex-leader Schroeder
BERLIN (AP) — Local officials with German Chancellor Olaf Scholz’s party met Thursday to consider calls to expel former Chancellor…
Villages battle wildfires in Portugal; Europe swelters
BEMPOSTA, Portugal (AP) — More than 3,000 firefighters battled alongside ordinary Portuguese citizens desperate to save their homes from several…
Amazon offers concessions to head off EU antitrust cases
LONDON (AP) — Amazon, seeking to resolve two European Union antitrust investigations, has promised to treat third-party merchants on its…
G-20 finance leaders tackle dire fallout from war in Ukraine
BANGKOK (AP) — U.S. Treasury Secretary Janet Yellen has urged leaders of major economies to work more closely in countering…
Oil Prices Drop Ahead Of Potential Large U.S. Rate Hike
By Julia Payne LONDON (Reuters) -Oil prices fell on Thursday as investors focused on the prospect of a large U.S….
China Property Protests Threaten To Dent $220 Billion Of Banks’ Mortgage Loans
By Clare Jim and Xie Yu HONG KONG (Reuters) -Chinese banks could face hefty writedowns in their mortgage businesses as…
Russia’s war to keep hitting EU economy, push up inflation
BRUSSELS (AP) — Russia’s war in Ukraine is expected to wreak havoc with the European Union’s economic recovery for the…
CICC Appoints New Investment Banking Head – Sources
HONG KONG (Reuters) – China International Capital Corp Ltd (CICC) has appointed veteran dealmaker Wang Shuguang to lead its investment…
Oil Prices Fall Ahead Of Potential Large U.S. Rate Hike
By Julia Payne LONDON (Reuters) -Oil prices fell on Thursday as investors weighed tight supplies against the prospect of a…