Oil near flat as tighter supplies offset U.S. rate hike risk
By Stephanie Kelly NEW YORK (Reuters) -Oil prices were near flat on Thursday as the market weighed tighter U.S. crude…
Business
Comcast president Cavanagh shakes up NBCUniversal leadership – memo
(Reuters) – Comcast’s Mike Cavanagh named Universal’s film chief Donna Langley to an expanded role as chairman of NBCUniversal Studio…
Blackstone, TPG vie for U.S. fund administrator Standish -sources
By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – Buyout houses including Blackstone Inc. and TPG Inc. are evaluating…
US bank stocks fall as investors turn jittery ahead of Q2 results
By Manya Saini (Reuters) -U.S. bank stocks fell and a key regional index hit a near two-week low on Thursday…
US Senate panel to vote on key Biden telecom board nominee
By David Shepardson WASHINGTON (Reuters) -The U.S. Senate Commerce Committee plans to vote next week on President Joe Biden’s nominee…
Amazon’s iRobot deal in EU antitrust crosshairs
By Foo Yun Chee BRUSSELS (Reuters) -Amazon’s $1.7 billion acquisition of robot vacuum cleaner maker iRobot may reduce competition and…
UBS overhauls leadership at wealth management division
ZURICH (Reuters) -UBS’s flagship global wealth management business on Thursday announced a raft of management changes triggered by the Swiss…
UK house building slumps as interest rates rise
By David Milliken and Andy Bruce LONDON (Reuters) -British house building fell in June at the sharpest pace in more…
BoC to raise rates 25 bps on July 12, possibly the last: Reuters poll
By Milounee Purohit BENGALURU (Reuters) – The Bank of Canada will raise interest rates by a quarter-point for a second…
Small U.S. homebuilders tap the brakes as credit squeeze, rising rates hurt
By Ananta agarwal (Reuters) – Small U.S. homebuilders are backing off from bringing more houses to the market, discouraged by…