Wall St closes up, regains ground as US inflation report nears
By David French (Reuters) – U.S. stocks finished higher on Monday, regaining some of the ground lost last week, as…
August 7, 2023
Profits for Brazil’s Itau Unibanco up 14%, beat expectations
By Peter Frontini SAO PAULO (Reuters) -Brazilian lender Itau Unibanco reported a 14% increase in second-quarter net profit from a…
Rainy July hurts UK retailers: spending growth slowest in 11 months
LONDON (Reuters) – British retailers suffered from heavy rain in July on top of the impact of high inflation with…
Judge puts US, New York predatory lending lawsuit against Credit Acceptance on hold
By Jonathan Stempel NEW YORK (Reuters) – A federal judge on Monday put on hold a predatory lending lawsuit against…
West African leaders to meet on Niger after junta defies deadline
By Abdel-Kader Mazou and Boureima Balima NIAMEY (Reuters) -West African leaders scheduled a summit for Thursday to discuss the Niger…
U.S. to send Kyiv first $200 million of arms freed by $6.2 billion ‘accounting error’
By Mike Stone WASHINGTON (Reuters) – President Joe Biden’s administration will announce $200 million of new weapons aid for Ukraine…
Reserve Bank of New Zealand: stress test shows life insurers can withstand shocks
By Lucy Craymer WELLINGTON (Reuters) – Reserve Bank of New Zealand said on Tuesday that its first life insurance industry…
EV firm Proterra files for Chapter 11 bankruptcy protection
(Reuters) -Electric-vehicle parts supplier Proterra filed for Chapter 11 bankruptcy protection on Monday, making it the latest company to go…
Paramount to sell Simon & Schuster to KKR for $1.62 billion
By Samrhitha A and Dawn Chmielewski (Reuters) -Paramount Global said it would sell Simon & Schuster to private-equity firm KKR…
More big corporate settlements coming, says departing U.S. Justice Dept official
By Sarah N. Lynch WASHINGTON (Reuters) – As Kenneth Polite steps down this month as the head of the U.S….