Holcim eyes $30 billion valuation with N.American business listing, picks new CEO
By John Revill ZURICH (Reuters) -Switzerland’s Holcim will spin off 100% of its North American operations in a New York…
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Slower wage growth needed for euro zone rate cuts, ECB’s Knot says
AMSTERDAM (Reuters) – The European Central Bank (ECB) will need to see proof of slowing wage growth in the euro…
US to announce billions in subsidies for advanced chips -WSJ
(Reuters) -President Joe Biden’s administration is expected to award billions of dollars in subsidies in coming weeks to top semiconductor…
Vulcan rocket’s debut brings long-awaited challenge to SpaceX dominance
By Joey Roulette WASHINGTON (Reuters) – (This Jan. 10 story has been corrected to clarify the payload capacities of SpaceX’s…
Exclusive-Morgan Stanley plans to double private credit portfolio to $50 billion
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Morgan Stanley’s asset management division aims to double its private…
Biden warns against rise of antisemitism, efforts to downplay Hamas attacks
By Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden on Friday marked International Holocaust Remembrance Day, warning against what…
Boeing’s MAX production issues ripple across aerospace industry
By Rajesh Kumar Singh, Abhijith Ganapavaram and David Shepardson (Reuters) -Boeing’s troubles with its 737 MAX jets are upending the…
Tesla erases $80 billion in valuation after Musk’s sales warning
By Aditya Soni (Reuters) -Tesla tumbled over 12% on Thursday after CEO Elon Musk warned sales growth would slow this…
Analysis-Record-high US stocks grow more expensive versus global peers
By Lewis Krauskopf NEW YORK (Reuters) – The U.S. stock market’s march to all-time highs is putting the spotlight on…
PayPal to launch AI-based products as new CEO aims to revive share price
By Hannah Lang (Reuters) -PayPal is launching new artificial intelligence-driven products as well as a one-click checkout feature, the company…