German economy may disappoint as sentiment worsens – Bundesbank
FRANKFURT (Reuters) – The German economy may shrink by more this year than expected only a few weeks ago despite…
Business
Tesla discounts set to power quarterly revenue growth, hit profit
By Akash Sriram (Reuters) – Tesla’s strategy to boost sales through price cuts is likely to have powered its strongest…
Marketmind: China falls short and oil ebbs but banks impress
A look at the day ahead in U.S. and global markets from Mike Dolan China’s spluttering recovery set the tone…
US banks warn stricter capital rules will raise prices
By Pete Schroeder and Nupur Anand WASHINGTON/NEW YORK (Reuters) -U.S. bank executives warned on Friday that looming higher capital requirements…
Analysis-Takeover benefits: UBS investors warm to Credit Suisse deal
By Oliver Hirt ZURICH (Reuters) – UBS’s emergency takeover of Credit Suisse may lead to thousands of job losses, departures…
US working with India to make investment easier for energy transition – Yellen
By Aftab Ahmed GANDHINAGAR, India (Reuters) -The United States is working with India to develop ways to lower the cost…
United Airlines pilots reach labor agreement, boost pay
CHICAGO (Reuters) -United Airlines and its pilots on Saturday reached a labor agreement that will give the latter a significant…
Elon Musk says Twitter’s cash flow still negative as ad revenue drops 50%
By Jahnavi Nidumolu and Krystal Hu (Reuters) -Twitter’s cash flow remains negative because of a nearly 50% drop in advertising…
Global rules leave crypto firms with no place to hide, says G20 watchdog
By Huw Jones LONDON (Reuters) – Globally agreed rules leave crypto firms with no option but to introduce basic safeguards…
Swiss watchmaker Swatch sues Malaysia for seizure of Pride watches
KUALA LUMPUR (Reuters) -Swiss watchmaker Swatch Group has filed a lawsuit against the Malaysian government for confiscating rainbow-coloured watches that…