NEW YORK (AP) — The United States’ 0-0 draw against England in the World Cup drew 19.98 million viewers for English- and Spanish-language broadcasts, the third-most watched men’s soccer game on U.S. television. The match, which kicked off at 2 p.m. EST on Friday, was seen by 15,377,000 viewers on Fox, the most for a…
ZURICH (Reuters) – The head of Credit Suisse’s Swiss unit said “some customers have withdrawn some of their money, but very few have actually closed their accounts.” Last week, Switzerland’s second-largest bank said it expects to make a pre-tax loss of up to 1.5 billion Swiss francs ($1.6 billion) during Q4 and revealed that wealthy…
PARIS (Reuters) – The French government made excessive use of consultancy firms in the past and is now striving to correct that, Finance Minister Bruno Le Maire said on Sunday. Emmanuel Macron’s government has come under pressure in recent months for being too dependent on consultancy groups. Financial prosecutors said earlier this week they were…
PARIS (Reuters) – France may try to negotiate some exemptions from the duties and limits imposed by the U.S. anti-inflation act but Europe must act to protect the bloc’s economic interests, Finance Minister Bruno Le Maire said on Sunday. Le Maire will accompany French President Emmanuel Macron on a state visit to the United States…
FRANKFURT (Reuters) – French bank Credit Agricole is weighing plans to offer car-sharing financial services in Germany because the growing market offers opportunities to challenge incumbent players, an executive told trade publication Automobilwoche. The French bank’s consumer finance arm has been in a push to increase mobility-related revenues from its car leasing joint venture with…
DUBLIN (Reuters) – The European Central Bank will likely increase interest rates by smaller increments next year if further hikes are needed, governing council member Gabriel Makhlouf was quoted as saying on Sunday. The ECB began to push up rates at its fastest pace on record in July and markets are betting on a 50-75…
(Reuters) -Twitter Inc Chief Executive Elon Musk says new user signups to the social media platform are at an “all-time high”, as he struggles with a mass exodus of advertisers and users fleeing to other platforms over concerns about verification and hate speech. Signups were averaging over two million per day in the last seven…
By Liz Lee and Liangping Gao BEIJING (Reuters) -China’s industrial firms saw overall profits decline further in the January-October period as COVID-19 outbreaks flared up and cities imposed new virus curbs, including targeted lockdowns, dampening economic activity. Industrial profits fell 3.0% in the first 10 months of 2022 from a year earlier. That compares with…
By Daphne Psaledakis and Marianna Parraga WASHINGTON/HOUSTON (Reuters) -Chevron Corp on Saturday received a U.S. license allowing the second-largest U.S. oil company to resume production in Venezuela and to bring the South American country’s crude oil to the United States. The decision grants expanded rights for the last big U.S. oil company still operating in…
By Daphne Psaledakis and Marianna Parraga WASHINGTON/HOUSTON (Reuters) -Chevron Corp on Saturday received an expanded U.S. license allowing the second-largest U.S. oil company to resume production in Venezuela and to import the South American country’s crude into the United States. The decision allows Chevron to revive existing oil projects in the U.S.-sanctioned country and bring…
