Analysis-Australian banks’ bid to shake mortgage reliance brings new risks
By Byron Kaye SYDNEY (Reuters) – Australia’s big banks are pivoting to what analysts say could be a risky fight…
2023
US on track for June 1 default without debt ceiling hike, Treasury says
By David Lawder, Andrea Shalal WASHINGTON (Reuters) -The U.S. Treasury Department reiterated Monday it expects to be able to pay…
China’s April data show economic recovery losing steam, testing policymakers
By Ellen Zhang and Joe Cash BEIJING (Reuters) -China’s April industrial output and retail sales growth undershot forecasts, suggesting the…
UK jobless rate rises, potentially easing BoE inflation worries
By William Schomberg and Sachin Ravikumar LONDON (Reuters) -Britain’s unemployment rate rose and there were other signs of less inflationary…
Teen gunman kills 3, wounds 6 in New Mexico before police shoot him dead
By Andrew Hay and Steve Gorman (Reuters) -An 18-year-old gunman stalked through a New Mexico neighborhood on Monday firing randomly…
EU must build cutting-edge computer chips – industry chief Breton
By Toby Sterling ANTWERP, Belgium (Reuters) – EU industry chief Thierry Breton on Tuesday touted the European Chips Act passed…
Morgan Stanley weighs cutting 7% of Asia investment bank jobs-source
(Reuters) -Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, or about 40 jobs, according to…
Nelson Peltz adds to Disney stake following share sale – Bloomberg News
(Reuters) -Nelson Peltz, the activist investor who launched and then gave up a proxy fight earlier this year at Walt…
Musk Tells Tesla Staff He Must Approve All Hiring- Memo
(Reuters) – Tesla Inc CEO Elon Musk has said that the company can make no new hires unless he personally…
Morgan Stanley Weighs Cutting 7% Of Asia Investment Bank Jobs – Bloomberg News
(Reuters) – Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, with China taking the biggest…