Recent rate hikes should also be passed on to savers – ECB’s De Guindos
MADRID (Reuters) – Recent interest rate hikes by the European Central Bank should be fully transmitted to savers and reflected…
Business
US Senate advances Chile tax treaty, paving way for ratification
By Patricia Zengerle WASHINGTON (Reuters) – The U.S. Senate voted overwhelmingly on Wednesday to advance a tax treaty with Chile,…
Spirit AeroSystems to halt work at Wichita plant as union votes to strike
By Valerie Insinna, Abinaya V and Shivansh Tiwary PARIS (Reuters) -Spirit AeroSystems will suspend factory production on Thursday at its…
US banks push back as regulators prepare international capital hikes
By Pete Schroeder WASHINGTON (Reuters) -U.S. banks are pushing to soften a major regulatory proposal to hike bank capital requirements,…
New orders and supply chain progress as Paris Airshow grapples with pandemic aftermath
By Tim Hepher, Valerie Insinna, Joanna Plucinska and Allison Lampert PARIS (Reuters) – The first Paris Airshow in four years…
European shares slide on rate hike jitters after Powell comments, BoE hike
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares briefly hit their lowest level in nearly three months on…
JPMorgan Chase is fined by SEC after mistakenly deleting 47 million emails
By Jonathan Stempel NEW YORK (Reuters) -JPMorgan Chase has been fined $4 million by the U.S. Securities and Exchange Commission…
How Poland snagged Intel’s multi-billion dollar investment
By Karol Badohal and Supantha Mukherjee WROCLAW, Poland/STOCKHOLM (Reuters) – Poland’s third-largest city Wroclaw beat rivals last week to be…
US safety board chair vows accountability, recommendations in Ohio derailment
By David Shepardson WASHINGTON (Reuters) -National Transportation Safety Board chair Jennifer Homendy on Thursday vowed to ensure accountability and propose…
Lordstown Motors founder sells remaining stake in EV startup
(Reuters) – Lordstown Motors founder and former CEO Stephen Burns has sold his entire stake in the electric-vehicle maker, according…