Orpea draws first 200 million euros from new financing as restructuring plan continues
(Reuters) – French company Orpea, hit by allegations of malpractice at its care homes and a sharp drop in valuation,…
Business
Banks stocks gain after US Congress averts historic debt default
(Reuters) – Shares of U.S. banks rose on Friday after the U.S. Senate on Thursday passed bipartisan legislation that lifted…
GM chief Barra stands by her bet on autonomous vehicles
By Joseph White and Shivansh Tiwary DETROIT (Reuters) -General Motors Co Chief Executive Mary Barra had a message on Friday…
Citizens Financial Group not looking to do many acquisitions, says CEO
(Reuters) – Citizens Financial Group Inc is not looking to do many acquisitions in the near term, the bank’s Chief…
JPMorgan president says loan demand declining, US economic slowdown weighs
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co’s President and Chief Operating Officer Daniel…
Exchange operator Cboe launches global listing offering
NEW YORK (Reuters) – Exchange operator Cboe Global Markets said on Friday it will let companies list across its U.S….
US debt ceiling deal strands $16 billion of defense side-projects
By Mike Stone and Patricia Zengerle WASHINGTON (Reuters) – A $16 billion list of lower-priority defense items like tanks, helicopter…
Exclusive-Stellantis, GM pay $363 million in US fuel economy penalties
By David Shepardson WASHINGTON (Reuters) -Chrysler parent Stellantis and General Motors paid a total of $363 million in civil penalties…
UBS CEO warns of painful jobs decisions after Credit Suisse takeover
By John Revill BERN (Reuters) -UBS Chief Executive Sergio Ermotti on Friday warned of painful decisions about job cuts following…
US auto safety agency fails to meet internal timelines in defect probes -report
By David Shepardson WASHINGTON (Reuters) -The U.S. auto safety regulator routinely fails to meet its internal timelines for completing auto…