Canada’s CPKC signs deal to study passenger rail project in Mexico
MEXICO CITY (Reuters) – Mexico’s government and railroad company Canadian Pacific Kansas City (CPKC) have formalized an agreement to study…
Economy
IMF sees ‘pockets of resilience’, slowing momentum in global economy
By David Lawder WASHINGTON (Reuters) -The International Monetary Fund said on Thursday that first quarter global growth slightly outpaced projections…
Oil prices up, hit nearly 3-month high as US inflation eases
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose over 1% on Thursday to their highest in nearly three…
Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy
By Jane Lanhee Lee and Eduardo Baptista (Reuters) – The sale of struggling Silicon Valley startup zGlue’s patents in 2021…
AI startups bringing dollars but lean workforces to ailing San Francisco
By Anna Tong SAN FRANCISCO (Reuters) – In a frenzy unseen since the birth of social media in the early 2000s,…
U.S. Treasury posts sharply higher $228 billion June deficit
By David Lawder WASHINGTON (Reuters) – The U.S. government posted a $228 billion budget deficit for June, up 156% from…
Goldman Sachs is about to report its worst quarterly earnings in years – Semafor
(Reuters) – Goldman Sachs will report its worst quarterly earnings in years next week, with a return on equity in…
EU bank unveils new fund worth 400 million euros to help rebuild Ukraine
By Gabriela Baczynska BRUSSELS (Reuters) – The European Union’s lending arm on Thursday unveiled a new fund worth 400 million…
Swiss parliament starts investigation into Credit Suisse collapse
By Noele Illien and John Revill BERN (Reuters) -A Swiss parliamentary investigation into the role played by state institutions in…
NextDecade shares fall 23% as LNG project funding disappoints investors
(Reuters) – NextDecade Corp shares fell 23% on Thursday on investor worries over the terms of $18.4 billion financing the…