IMF chief: Prospects for medium-term global growth weak
GANDHINAGAR, India (Reuters) – Global economic activity is slowing, especially in the manufacturing sector, and medium-term growth prospects remain weak,…
July 18, 2023
MUFG, Morgan Stanley to deepen alliance, merge some Japan operations
By Makiko Yamazaki TOKYO (Reuters) – Mitsubishi UFJ Financial Group (MUFG) and Morgan Stanley said on Tuesday they will deepen…
Novartis raises 2023 forecast, maps out Sandoz spin-off
By Ludwig Burger FRANKFURT (Reuters) -Novartis on Tuesday raised its full-year earnings forecast for the second time on strong drug…
Biden’s age is his ‘superpower’ in 2024, Jeffrey Katzenberg says
By Nandita Bose WASHINGTON (Reuters) – Movie mogul Jeffrey Katzenberg, who is advising Joe Biden on his re-election campaign, says…
Thai PM hopeful vows no retreat from party’s reform agenda
By Panu Wongcha-um and Chayut Setboonsarng BANGKOK (Reuters) -Thailand’s prime ministerial hopeful said on Tuesday he was willing to adjust…
Yellen sees disinflation pressures at work as hiring surge fades – Bloomberg News
(Reuters) – U.S. Treasury Secretary Janet Yellen said a cooling — but not faltering — labor market is playing a…
ECB hawk says bank will carefully weigh inflation data after July
AMSTERDAM (Reuters) – The European Central Bank (ECB) will look closely for signs of inflation cooling down in the coming…
Malaysia PM says China’s Geely to invest $10 billion in domestic auto hub -report
KUALA LUMPUR (Reuters) – Chinese car maker Geely will invest $10 billion to develop Malaysia’s main auto-making hub, state news…
Court rules against Uber in major win for California workers
By Daniel Wiessner (Reuters) – Uber Technologies Inc must face a California lawsuit claiming it should have covered UberEats drivers’…
BNY Mellon beats second-quarter profit estimates on higher rates
(Reuters) – Bank of New York Mellon Corp beat Wall Street targets for second-quarter profit on Tuesday as the U.S….