Schwab’s profit drops less than expected on asset management strength
(Reuters) -U.S. brokerage firm Charles Schwab reported a smaller-than-expected drop in second-quarter profit on Tuesday as a jump in asset…
Business
Healthy US consumers shrug off recession concerns, for now
By Nupur Anand NEW YORK (Reuters) – U.S. consumers are still keeping up with their loan payments despite rising costs…
Mining gear maker Epiroc upbeat on outlook after profit jump
By Marie Mannes STOCKHOLM (Reuters) -Swedish mining equipment maker Epiroc expects to benefit from continuing high demand in the near…
New York City pension chief urges pay clawbacks at Bank of America
By Ross Kerber (Reuters) – New York City’s top pension official has urged Bank of America’s board to claw back…
Two Polish central bankers say rate cut could come this year
WARSAW (Reuters) – Poland could cut interest rates this year, two central bankers were quoted as saying on Tuesday, fuelling…
OpenAI partners with American Journalism Project to support local news
(Reuters) – OpenAI is committing $5 million to the American Journalism Project (AJP) under a partnership that will look for…
South Korea challenges arbitration ruling that found for Elliott in Samsung merger case
SEOUL (Reuters) -South Korea said on Tuesday it would challenge an arbitration ruling that ordered it to pay U.S. hedge…
BOJ’s Ueda signals resolve to maintain ultra-easy policy
By Leika Kihara and Tetsushi Kajimoto (Reuters) -Bank of Japan (BOJ) Governor Kazuo Ueda said on Tuesday there was still…
U.S. to announce $1.3 billion in military aid for Ukraine -sources
By Mike Stone WASHINGTON (Reuters) – The United States will announce a new pledge to buy $1.3 billion worth of…
Long-feared corporate debt woes start to hit home
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – The spectre of rising corporate debt defaults exacerbating a global economic…