EU draft Data Act puts trade secrets at risk, Siemens, SAP say
By Foo Yun Chee BRUSSELS (Reuters) – German business software maker SAP and German engineering company Siemens have joined U.S….
Economy
Banks tighten credit terms, see loan demand drop, Fed survey shows
By Howard Schneider and Ann Saphir (Reuters) -Credit conditions for U.S. business and households continued tightening in the first months…
Yellen is calling CEOs personally to warn on US debt ceiling -sources
By Andrea Shalal WASHINGTON (Reuters) – Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to…
US consumers’ inflation expectations mixed in April, NY Fed report shows
By Michael S. Derby (Reuters) – U.S. consumers said last month they expected slightly lower inflation in a year’s time,…
Brazil’s Lula to nominate deputy finance minister for key central bank role
SAO PAULO (Reuters) – Brazilian Finance Minister Fernando Haddad ended months of uncertainty on Monday as he revealed that Gabriel…
Oil climbs over 2% as recession fears begin to fade
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose over 2% on Monday as U.S. recession fears eased and some…
Warren Buffett’s rival for attention at Berkshire weekend: Squishmallows
By Jonathan Stempel (Reuters) – One of the biggest hits from the just-concluded annual love fest for Warren Buffett showed…
Uber rival Bolt seeks to turn profitable next year, IPO in 2025
By Supantha Mukherjee STOCKHOLM (Reuters) – Estonian ride-hailing and food delivery startup Bolt expects to turn profitable in the next…
Exclusive-Bain Capital seeks to raise $4 billion for new global special situations fund – sources
By Kane Wu and Anirban Sen HONG KONG/NEW YORK (Reuters) – Bain Capital is seeking to raise $4 billion for…
Ryanair close to placing major Boeing order -sources
PARIS (Reuters) – Ryanair is close to signing a major new aircraft order with Boeing, two people familiar with the…