Big US banks to pay billions to replenish failure fund
By Pete Schroeder WASHINGTON (Reuters) -Large U.S. lenders will bear most of the cost of replenishing a deposit insurance fund…
Economy
MSCI kicks two Adani cos from indexes; no changes to Egypt stocks, others
NEW YORK (Reuters) -Index provider MSCI said on Thursday two Adani-group companies will not be eligible for its global indexes,…
Canada’s Sun Life beats profit estimates on strong insurance sales
(Reuters) -Canada’s second-biggest life insurer Sun Life Financial Inc on Thursday beat analysts’ estimates for first-quarter profit, powered by strong…
CIA chief announces new steps to address sexual assault, harassment allegations
WASHINGTON (Reuters) – CIA Director William Burns on Thursday announced the appointment of the former head of the U.S. Navy’s…
Marketmind: A nervous end to a jittery week
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets look…
United Airlines pilot union wants to ‘raise the bar’ from Delta’s contract
By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines pilots want higher pay than their counterparts at Delta Air Lines and…
Microsoft to defend Activision deal in gamers’ lawsuit in US court
By Mike Scarcella (Reuters) – Microsoft Corp on Friday will defend its $69 billion planned acquisition of “Call of Duty”…
Italy’s antitrust watchdog probes Apple over alleged app market abuse
By Alvise Armellini and Elvira Pollina ROME (Reuters) -Italy’s antitrust agency AGCM said on Thursday it had opened a probe…
Facebook owner Meta announces tests of generative AI ads tool
By Katie Paul and Sheila Dang NEW YORK (Reuters) – Social media giant Meta Platforms Inc joined the generative AI…
Disney shares fall most since Iger’s return after streaming subscriber losses
By Aditya Soni (Reuters) -Walt Disney Co shares ended down more than 8% on Thursday as a surprise drop in…