Goldman Sachs to cut more jobs, eyes sharp fall in markets revenue
By Saeed Azhar and Niket Nishant NEW YORK (Reuters) -Goldman Sachs Group Inc plans to cut more jobs as a…
Business
Fed emergency lending to banks ticks down in latest week
(Reuters) – Federal Reserve emergency lending to banks edged down in the latest week, driven by a decline in “other…
Airbnb sues New York City over short-term rental restrictions
By Doyinsola Oladipo NEW YORK (Reuters) – Airbnb Inc on Thursday filed a lawsuit against New York City over a…
Global equities rise, U.S. yields fall after debt ceiling bill advances
By Chibuike Oguh NEW YORK (Reuters) – Global equities rose on Thursday after the U.S. House of Representatives passed a…
IKEA stores owner Ingka starts on first New Zealand store
By Marie Mannes STOCKHOLM (Reuters) – IKEA stores owner Ingka group has announced the official start of work on its…
Dollar stumbles as signs point to Fed skipping June rate hike
By Hannah Lang (Reuters) – The dollar was on track for its worst daily loss in nearly a month on…
US lawmakers say Brazil low-carbon fuel program blocks US companies
By Marcelo Teixeira NEW YORK (Reuters) – A group of U.S. congressmen have formally complained about what they call unfair…
Microsoft inks computing infra deal with CoreWeave – CNBC
(Reuters) – Microsoft Corp may spend billions of dollars over multiple years on computing infrastructure from start-up CoreWeave, CNBC reported…
Bank of America CEO sees investment banking and trading staying flat in Q2
NEW YORK (Reuters) – Bank of America Corp expects investment banking fees and trading revenues to be broadly flat this…
Brazil posts record trade surplus in May on surging exports
BRASILIA (Reuters) – Brazil posted a $11.4 billion trade surplus in May, marking a record for any given month since…