JPMorgan Suspends Buybacks, Warns On Global Economy As Profit Slumps
By Noor Zainab Hussain and David Henry (Reuters) -JPMorgan Chase & Co’s Jamie Dimon struck a cautious note on the…
Reuters
Fed’s Waller Backs 75-basis-point July Rate Hike, May Support Bigger Move
By Ann Saphir (Reuters) -Federal Reserve Governor Christopher Waller said on Thursday he supports another 75-basis-point interest rate increase at…
Zara Founder Ortega In Talks To Buy $500-million New York Skyscraper
MADRID (Reuters) – Spanish billionaire and Zara founder Amancio Ortega is in talks to buy a 64-floor skyscraper in New…
Lower-cost U.S. Cities Drove Pandemic Wage Gains, ADP Study Shows
By Howard Schneider WASHINGTON (Reuters) – Big wage gains for lower-paid U.S. workers, a hallmark of the pandemic economy, were…
Twitter Down For Thousands Of Users Globally
(Reuters) -Twitter Inc was down for thousands of users across the globe on Thursday, its first such outage since February,…
Morgan Stanley Posts Lower Quarterly Profit As Dealmaking Stalls
(Reuters) -Morgan Stanley on Thursday reported a drop in second-quarter profit, as dealmaking slumped amid soaring market volatility and dented…
Oil Prices Drop Ahead Of Potential Large U.S. Rate Hike
By Julia Payne LONDON (Reuters) -Oil prices fell on Thursday as investors focused on the prospect of a large U.S….
China Property Protests Threaten To Dent $220 Billion Of Banks’ Mortgage Loans
By Clare Jim and Xie Yu HONG KONG (Reuters) -Chinese banks could face hefty writedowns in their mortgage businesses as…
CICC Appoints New Investment Banking Head – Sources
HONG KONG (Reuters) – China International Capital Corp Ltd (CICC) has appointed veteran dealmaker Wang Shuguang to lead its investment…
Oil Prices Fall Ahead Of Potential Large U.S. Rate Hike
By Julia Payne LONDON (Reuters) -Oil prices fell on Thursday as investors weighed tight supplies against the prospect of a…