UBS completes Credit Suisse takeover to become wealth management behemoth
By Noele Illien ZURICH (Reuters) -UBS completed its emergency takeover of embattled local rival Credit Suisse on Monday, forging a…
Business
US budget deficit mushrooms in May as revenue falls, Medicare outlays jump
(Reuters) – The U.S. budget deficit swelled in May from a year earlier as revenue tumbled and Medicare spending surged,…
Argentina inflation seen speeding up in May, bucking regional trend
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate likely sped up to 8.8% in May, according to…
Exclusive-Broadcom set to win EU nod for $61 billion VMware deal, sources say
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom is set to gain conditional EU antitrust approval for its…
Silvio Berlusconi, former Italian prime minister and media mogul, dies at 86
By Emilio Parodi, Elvira Pollina and Alvise Armellini MILAN (Reuters) -Silvio Berlusconi, the billionaire media mogul and former Italian prime…
Goldman Sachs CEO says U.S. economy ‘more resilient’ than expected
(Reuters) -Goldman Sachs Chief Executive David Solomon told CNBC on Monday that the U.S. economy has been more resilient than…
Reactions to death of former Italian prime minister Berlusconi
MILAN (Reuters) – Former Italian Prime Minister Silvio Berlusconi, a billionaire businessman who created Italy’s largest media company and led…
US decision on Mexico air safety rating independent of politics, Buttigieg says
By David Shepardson WASHINGTON (Reuters) -U.S. Transportation Secretary Pete Buttigieg on Monday said he told Mexican President Andres Manuel Lopez…
Flight training for Chinese military pilots targeted in latest US export crackdown
By Karen Freifeld (Reuters) -The Biden administration on Monday added 43 entities to an export control list, including Frontier Services…
Washington Post CEO Ryan to step down after nine-year stint
(Reuters) -The Washington Post said on Monday Fred Ryan would step down as its CEO in August after a near…