European shares rise as tech leads gains on Fed rate optimism
By Matteo Allievi and Shreyashi Sanyal (Reuters) -European shares closed higher on Thursday led by technology stocks, as hopes grew…
Business
Goldman Sachs offloads $1 billion of Marcus loans to Varde -source
By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs Group has sold $1 billion of personal loans from its consumer unit,…
IMF says China growth slowing after strong Q1 reopening
WASHINGTON (Reuters) -China’s economy is slowing due to weaker private investment, slowing exports and reduced domestic demand after a strong…
Back-to-school sales to hit new record as shoppers keep up with essential buys – NRF
(Reuters) – U.S. shoppers plan to spend a record $41.5 billion during the upcoming school year, a trade group forecast…
US Fed’s Daly says rate hikes essential to bring down prices
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Thursday reiterated that rate hikes will be essential to…
Disney wants to keep ESPN, could offload some traditional TV assets – Iger
(Reuters) -Walt Disney wants to keep ESPN and will look for strategic partners to form a joint venture or buy…
Hybrid-work trend may wipe out $800 billion from office property values by 2030 – McKinsey study
(Reuters) – A shift to remote working is likely to wipe off $800 billion from the value of office buildings…
Amazon’s ‘biggest ever’ Prime Day boosts US online sales to $12.7 billion
By Granth Vanaik (Reuters) -U.S. online sales during Amazon.com’s Prime Day shopping event rose 6.1% to $12.7 billion from last…
Amazon gets labor board complaint on failure to bargain with NY union
By Chandni Shah (Reuters) -Amazon.com was hit with a complaint on Wednesday for refusing to bargain with a New York…
US FDA reviewing concerns over Logan Paul’s PRIME energy drink
(Reuters) – The U.S. Food and Drug Administration said on Wednesday it is reviewing concerns raised by Senate Majority Leader…