Philippine inflation slows in April, builds case for a rate pause
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – Philippine annual inflation was on track to settle within…
Economy
European shares rise as energy firms, HSBC boost; end second straight week lower
By Shreyashi Sanyal (Reuters) -European shares ended Friday on solid ground aided by a boost in shares of HSBC and…
Fed data flow for June meeting opens with a jobs gusher
By Ann Saphir and Howard Schneider (Reuters) – A critical flow of data heading to the Federal Reserve’s June meeting,…
Biden picks Neera Tanden as top domestic policy adviser
By Trevor Hunnicutt and Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden picked a senior aide, Neera Tanden, to…
Italian bank Intesa raises profit target after beating forecasts
By Valentina Za MILAN (Reuters) -Intesa Sanpaolo, Italy’s biggest bank, raised its 2023 profit goal on Friday after first-quarter net…
US SEC issues largest ever whistleblower award of $279 million
(Reuters) – The U.S. Securities and Exchange Commission (SEC) has issued its largest ever award of nearly $279 million to…
HSBC quashes Ping An-backed protest vote at annual meeting
By Lawrence White and Iain Withers BIRMINGHAM, England (Reuters) -HSBC soundly defeated a bid to break-up the bank and spin-out…
Broadcom CEO seeks to convince EU on $61 billion VMware deal
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom’s Chief Executive Hock Tan on Friday will try to convince…
FTX gets approval for LedgerX sale, asserts $3.9 billion Genesis claim
By Dietrich Knauth (Reuters) – Bankrupt crypto exchange FTX received U.S. bankruptcy court permission on Thursday to sell its LedgerX…
Berkshire director: Buffett CEO heir an ideal fit, but changeover not imminent
By Jonathan Stempel OMAHA, Nebraska (Reuters) – One of Berkshire Hathaway Inc’s longest-serving directors said Greg Abel has the ability…