ECB’s Makhlouf undecided about rate rise beyond July
DUBLIN (Reuters) – European Central Bank governing council member Gabriel Makhlouf said on Saturday that while some colleagues already feel…
Economy
IBM nears $5 billion deal for software provider Apptio – WSJ
(Reuters) -IBM is nearing a deal to acquire software company Apptio for about $5 billion, the Wall Street Journal reported…
EU, Meta agree to July stress test on EU online content rules
(Reuters) – Meta and the European Union (EU) have agreed on a stress test in July on the EU’s online…
Panama Canal postpones depth restrictions after much-needed rain
By Elida Moreno PANAMA CITY (Reuters) – The Panama Canal will postpone depth restrictions that were set to affect the…
World Bank approves $700 million for Mexico to boost women’s economic opportunities
MEXICO CITY (Reuters) – The World Bank said it had approved on Friday a $700 million operation for Mexico to…
JPMorgan cuts nearly 40 investment bankers in US – source
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase & Co is cutting nearly 40 investment bankers in the U.S.,…
Hermes wins permanent ban on ‘MetaBirkin’ NFT sales in US lawsuit
By Blake Brittain (Reuters) – A Manhattan federal judge on Friday granted Hermes’ request to permanently block artist Mason Rothschild’s…
Wall Street ends down, snaps weekly winning streak on Fed worries
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed lower on Friday, capping a week dominated by Federal Reserve…
Indian PM Modi wraps up Washington trip with appeal to tech CEOs
By Steve Holland, Simon Lewis and Jeff Mason WASHINGTON (Reuters) -Indian Prime Minister Narendra Modi met with U.S. and Indian…
Goldman Sachs faces big writedown on GreenSky deal – CNBC
(Reuters) – Goldman Sachs is likely to take a large writedown for its $2.2 billion acquisition of fintech lender GreenSky…