Moody’s: Emerging market credit to be tight amid U.S.-led risks
LONDON (Reuters) – Emerging economies will continue to suffer from the spillover of economic problems in the U.S., which are…
Business
Insurer MetLife enters $19.2 billion reinsurance deal, boosts share buyback
(Reuters) – MetLife Inc said on Thursday it had signed a $19.20 billion reinsurance deal with retirement and life insurance…
Argentina launches dispute against United States at WTO
GENEVA (Reuters) – Argentina has initiated a dispute against the United States at the World Trade Organization regarding tubular goods…
Exclusive-From Russia with gold: UAE cashes in as sanctions bite
By Peter Hobson (Reuters) – The United Arab Emirates has become a key trade hub for Russian gold since Western…
UK retail sales fall in May after April rise, outlook less gloomy: CBI
LONDON (Reuters) – British retail sales declined this month after a modest rise in April but stores expect sales volumes…
Stellantis invests in US start-up Lyten to develop lithium-sulfur batteries
MILAN (Reuters) – Stellantis has invested in Lyten to help the U.S. startup develop applications for lithium-sulfur EV batteries, lightweight…
Switzerland speeds up work on liquidity backstop after Credit Suisse crash
BERN (Reuters) – The Swiss government on Thursday moved to speed up work on extending a public liquidity backstop Credit…
Air taxi makers urge investors to stay onboard ahead of commercial lift-off
By Joanna Plucinska GENEVA (Reuters) – A drop in tech stock valuations, economic pressures, and a risk-averse investment environment in…
Marketmind: AAA fears vie with AI frenzy
A look at the day ahead in U.S. and global markets from Mike Dolan Two of the year’s dominant themes…
CIBC posts lower second-quarter profit on loan loss provisions
(Reuters) -CIBC reported a decline in second-quarter profit on Thursday, as the Canadian lender set aside higher provisions to prepare…