How JPMorgan’s Dimon won the First Republic deal
By Nupur Anand, Anirban Sen, David French and Isla Binnie NEW YORK (Reuters) -On March 12, as several U.S. banks…
Economy
Ford’s Kentucky Truck Plant road-tests a new quality strategy
By Joseph White LOUISVILLE, Kentucky (Reuters) – Shutting down the assembly lines that build Super Duty pickup trucks at Ford…
Czech budget gap at record $9.3 billion in Jan-April on social spending, energy subsidies
PRAGUE (Reuters) – The Czech Republic’s budget deficit doubled to 200 billion crowns ($9.30 billion) in January-April, a record for…
Edtech Chegg tumbles as ChatGPT threat prompts revenue warning
By Medha Singh (Reuters) -What’s the cost of students using ChatGPT for homework? For U.S. education services provider Chegg Inc,…
Food pushes Pakistan inflation to record 36.4% in April
By Ariba Shahid KARACHI, Pakistan (Reuters) -Pakistan inflation rose to a record 36.4% in the year to April driven mainly…
Russia to keep rates on hold in 2023 as economy grows marginally – Reuters poll
By Alexander Marrow and Elena Fabrichnaya (Reuters) – Russia will keep interest rates on hold at 7.5% in 2023 as…
Brazil postpones new rules for opening meal voucher market
BRASILIA (Reuters) – Brazil’s government has dealt a setback to new entrants hoping to capture a larger share of the…
Factbox-Tech firms, Wall Street lead job cuts in Corporate America
(Reuters) – U.S. companies from Amazon.com Inc and Walt Disney Co to Wall Street heavyweights Goldman Sachs Group and Morgan…
Euro zone inflation picks up but core unexpectedly slows
FRANKFURT (Reuters) – Euro zone inflation accelerated last month but underlying price growth eased unexpectedly, adding to arguments for a…
Marketmind: Volatile news, not markets
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan A hail of potentially…