US Treasury official meets with China’s new ambassador in Washington
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Undersecretary Jay Shambaugh met on Friday with China’s new ambassador to the…
Economy
Wall Street ends up on jobs data, debt default averted
By Herbert Lash and Shreyashi Sanyal (Reuters) -U.S. stocks closed higher on Friday after a labor market report showing moderating…
Argentines grill more steak despite pressures of 109% inflation
By Anna-Catherine Brigida and Lucila Sigal BUENOS AIRES (Reuters) – Argentines are expected to eat the most beef in five…
US drugmaker Indivior to pay $102.5 million to settle Suboxone monopoly claims
By Jonathan Stempel and Mariam Sunny (Reuters) -Indivior Plc said on Friday it agreed to pay $102.5 million to settle…
Fitch keeps its negative slant on UK credit rating
LONDON (Reuters) – Ratings agency Fitch on Friday stuck with its negative outlook for Britain’s sovereign credit rating, citing a…
CDS panel asked whether payment failure occurred for Casino
(Reuters) – An investor has asked a panel that rules on credit default swaps (CDS) whether a “failure to pay”…
S&P spares France from rating downgrade
PARIS (Reuters) – Ratings agency S&P spared France on Friday the embarrassment of downgrading the country’s sovereign debt, but remained…
3M reaches tentative $10 billion pollution settlement with US cities – Bloomberg News
By Clark Mindock and Brendan Pierson (Reuters) – 3M Co has struck a tentative settlement of at least $10 billion…
Global shares, US yields rise after strong jobs data, debt-ceiling passage
By Chibuike Oguh NEW YORK (Reuters) -Global shares and U.S. Treasury yields rose on Friday following stronger-than-expected job growth data…
Fed Chair Powell to testify at US Senate June 22
(Reuters) – Federal Reserve Chair Jerome Powell will testify at the U.S. Senate Banking Committee on June 22 at 10…