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….
2023
Saudi Arabia buys Turkish drones during Erdogan’s visit
By Aziz El Yaakoubi RIYADH (Reuters) -Saudi Arabia agreed on Tuesday to buy Turkish drones in the biggest defence contract…
Multilateral lenders need reform to meet poverty, climate change challenges – G20 panel
By Aftab Ahmed and Shivangi Acharya GANDHINAGAR, India (Reuters) – Multilateral development banks must create a new funding mechanism and…
UK on track for most company insolvencies since 2009
LONDON (Reuters) – England and Wales are on track for the highest quarterly number of company insolvencies since early 2009,…
Marketmind: Retail, housing and banks test jaunty July
A look at the day ahead in U.S. and global markets from Mike Dolan The benign July investment environment gets…
Germany’s ProSiebenSat. 1 to cut 400 jobs in push towards digital
BERLIN (Reuters) -German media group ProSiebenSat.1 will cut 400 full-time positions, the company said on Tuesday, as part of restructuring…
Ocado jumps on return to first-half underlying profit
By James Davey LONDON (Reuters) -Ocado, the British online supermarket and technology group, returned to underlying profit in its first…
Road traffic partially restored on Crimean Bridge after attack – Russian deputy PM
MOSCOW (Reuters) -Road traffic was re-opened on one lane of the Crimean Bridge late on Monday following what Russia called…
China SMIC chairman resigns, replaced by chemical industry veteran
SHANGHAI (Reuters) – Semiconductor Manufacturing International Corp (SMIC) said Chairman Gao Yonggang has resigned, marking the latest board level departure…
EU aims to be ‘partner of choice’ for Latam, Caribbean in pivot from China, Russia
(This July 16 story has been corrected to state that China is CELAC’s second-largest trading partner, not its largest, in…