Marketmind: Debt deal is near, Fed peak is not
A look at the day ahead in U.S. and global markets from Mike Dolan As the AI-led tech stock boom…
Business
TD to build U.S. business brick by brick, after First Horizon set back
By Nivedita Balu TORONTO (Reuters) -Canada’s no.2 lender TD Bank Group will push ahead with its U.S. expansion by focusing…
China Eastern set to operate C919’s first commercial flight on Sunday
By Sophie Yu and Brenda Goh BEIJING (Reuters) – China Eastern Airlines, the initial customer for the country’s homegrown narrow-body…
China allows Morgan Stanley to set up China futures unit
SHANGHAI (Reuters) – China’s securities regulator said on Friday it had allowed Morgan Stanley to set up a China futures…
Grain trader Viterra in talks to merge with rival Bunge – source
By Anirban Sen and Karl Plume (Reuters) -Global grain trader Viterra is in talks to merge with U.S. rival Bunge…
U.S. warns China could hack infrastructure, including pipelines, rail systems
By Raphael Satter, Zeba Siddiqui and James Pearson (Reuters) -The U.S. State Department warned on Thursday that China was capable…
Insurers flee climate alliance after ESG backlash in the U.S
By Tommy Wilkes, Alexander Hübner and Tom Sims LONDON/FRANKFURT (Reuters) -A United Nations-convened climate alliance for insurers suffered at least…
U.S. credit default swaps fall as debt ceiling talks progress
(Reuters) – The cost of insuring exposure to U.S. government debt dropped on Friday as U.S. President Joe Biden and…
BofA must face class action over 2020 benefit card fraud
By Jody Godoy (Reuters) – Bank of America must face cardholder allegations that it bungled its response to unauthorized transactions…
UK shoppers boost spending despite inflation’s bite
By William Schomberg LONDON (Reuters) -British consumers picked up the pace of their spending last month and sales volumes over…