Morgan Stanley CEO Gorman To Hand Reins To Successor Within A Year
By Tatiana Bautzer, Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Morgan Stanley’s James Gorman plans to step down…
2023
Instagram prepares Twitter competitor for summer release – Bloomberg News
(Reuters) – Meta Platforms’ Instagram is planning to release a text-based app that will compete with Twitter and may debut…
US imposes sanctions on hundreds of targets in fresh Russia action
By Daphne Psaledakis and Simon Lewis WASHINGTON (Reuters) -The United States on Friday announced sanctions on more than 300 targets…
Catalent cuts forecast, delays results again as challenges mount
By Bhanvi Satija and Pratik Jain (Reuters) -Contract drug manufacturer Catalent Inc on Friday slashed its full-year forecasts for profit…
Inflation fight risks central banks’ credibility and autonomy, BIS warns
By Marc Jones LONDON (Reuters) – The credibility and independence of central banks around the world is at risk if…
ECB must continue inflation fight ‘with determination’, Schnabel says
LONDON (Reuters) – The European Central Bank must continue its fight to tame inflation “with determination” because wages are rising,…
Russia says 500 Americans to be banned, list includes Obama
(Reuters) -Russia’s foreign ministry on Friday said former President Barack Obama was among 500 U.S. citizens who would be banned…
Samsung not planning to replace Google with Bing in phones – WSJ
(Reuters) -Samsung Electronics will not change the default search engine on its smartphones from Google to Microsoft Corp’s Bing any…
JPMorgan Investors To Scrutinize First Republic Takeover
By Nupur Anand NEW YORK (Reuters) – As JPMorgan Chase & Co CEO Jamie Dimon prepares to take the stage…
From sunglasses to milking machines, US halts more exports to Russia
By Karen Freifeld WASHINGTON (Reuters) – The Biden administration halted the export of a wide range of consumer goods to…