CFPB ‘open banking’ proposal due in October: official
(Reuters) – The Consumer Financial Protection Bureau, the top U.S. agency supervising the retail financial services sector, is due to…
Business
Exclusive-Bill Gates in China to meet President Xi on Friday – sources
By Julie Zhu HONG KONG (Reuters) -Bill Gates, Microsoft Corp’s co-founder, is set to meet Chinese President Xi Jinping on…
US banks have strengthened liquidity after spring turmoil but must remain vigilant -regulator
By Pete Schroeder WASHINGTON (Reuters) – A top U.S. bank regulator said on Wednesday that while banks have strengthened their…
FACTBOX-LVMH roles held by Bernard Arnault’s children
PARIS (Reuters) – LVMH Chairman and CEO Bernard Arnault’s five children are increasingly stepping into the spotlight as they move…
Shell boosts dividend, steadies oil output under new CEO’s plan
By Ron Bousso and Shadia Nasralla LONDON (Reuters) -Shell said it will ramp up its dividend and share buybacks while…
US Treasury unveils clean energy subsidy payments for non-taxpayers
(Reuters) – U.S. Treasury officials on Wednesday unveiled rules for how non-profits, tribes and governments can take advantage of subsidies…
US requires new passenger planes have secondary flight deck barrier
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) said on Wednesday it is requiring that new passenger airplanes…
Exclusive-Amazon’s cloud unit is considering AMD’s new AI chips
By Stephen Nellis SAN FRANCISCO (Reuters) -Amazon Web Services, the world’s largest cloud computing provider, is considering using new artificial…
Soft U.S. landing to free investor cash toward EMs -IIF
NEW YORK (Reuters) – The U.S. economy should avoid a recession this year while inflation will fall closer to target,…
Swiss parliament names 14-member commission to probe Credit Suisse crash
ZURICH (Reuters) – Switzerland’s parliament announced on Wednesday the 14 members of a special commission that will look into Credit…