A look at the state of US bank credit as earnings season begins
By Safiyah Riddle (Reuters) – Friday kicks off a week or more of earnings reports from U.S. banks covering the…
Business
US court refuses FTC request to pause Microsoft deal for Activision
WASHINGTON (Reuters) – A U.S. federal court rejected the Federal Trade Commission’s request that it order Microsoft to temporarily hold…
US asks appeals court to pause Microsoft deal after lower court refuses
By Diane Bartz and David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Thursday asked an appeals court to…
Small business distress index hits mid-2020 high
(This July 13 story has been corrected to say Gotshal, not Gotschal, in paragraph 1) By Chiara Elisei LONDON (Reuters)…
Roivant in talks to sell bowel disease drug to Roche in over $7 billion deal – WSJ
(Reuters) -Biotech company Roivant Sciences is in talks to sell an experimental drug to treat inflammatory bowel diseases, including ulcerative…
Australia No.3 bank clinches union deal for staff to work from home
By Byron Kaye SYDNEY (Reuters) – National Australia Bank (NAB), the No.3 lender, reached a deal that lets employees work…
Tesla begins sale of cheaper Model Y vehicle in South Korea
SEOUL (Reuters) – Tesla began selling its Model Y rear-wheel drive car on Friday in South Korea at a price…
Cathay Pacific expects up to $576 million first-half profit as demand jumps
(Reuters) -Hong Kong’s Cathay Pacific Airways said on Friday it expects to record a profit of up to HK$4.5 billion…
Exclusive-China invites global investors for rare meeting as economy sputters-sources
By Xie Yu and Julie Zhu HONG KONG (Reuters) – China’s financial regulators have invited some of the world’s biggest…
China central bank to use tools such as RRR to tackle economic woes
By Kevin Yao BEIJING (Reuters) -China’s central bank will use policy tools such as the reserve requirement ratio (RRR) and…