Chinese President Xi meets Bill Gates, calls him ‘an old friend’
BEIJING (Reuters) -Chinese President Xi Jinping called Bill Gates “an old friend” and said he hoped they could cooperate in…
Business
Greyhound bus owner Flix edges towards listing
By Pablo Mayo Cerqueiro and Emma-Victoria Farr (Reuters) – German bus services firm Flix, owner of the Greyhound brand in…
Customers Bancorp acquires $631 million loan portfolio from FDIC at discount
By Manya Saini and Saeed Azhar (Reuters) -Customers Bancorp said on Friday it acquired a $631 million venture banking loan…
Rheinmetall to boost propellant powder production by up to 600 tons per year -CEO
By Sabine Siebold BRUSSELS (Reuters) – Rheinmetall will ramp up production of propellant powder for ammunition at its plant in…
Humana joins UnitedHealth in flagging cost hit from rising surgeries
By Manas Mishra and Leroy Leo (Reuters) – Humana Inc on Friday joined larger health insurer UnitedHealth in warning of…
European shares rise on defensive boost, post best week in 2 months
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares closed at a three-week high on Friday, underpinned by luxury…
US senators urge regulator to change guidance on Massachusetts auto law
By David Shepardson (Reuters) -Two U.S. senators on Thursday urged the National Highway Traffic Safety Administration (NHTSA) to reconsider its…
US Senate panel to consider bill targeting failed bank executive pay
By Pete Schroeder WASHINGTON (Reuters) – The U.S. Senate Banking Committee will consider a bill Wednesday that would allow regulators…
US consumers’ near-term inflation expectations hit two-year low; sentiment rises
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumers’ near-term inflation expectations dropped to more than a two-year low in June and…
Fed see key services inflation elevated with few signs of easing
By Howard Schneider (Reuters) -Inflation in key parts of the U.S. service industry “remains elevated and has not shown signs…