U.S. Treasury’s Adeyemo sees no ability to ‘triage’ payments without debt limit hike
WASHINGTON (Reuters) – Deputy U.S. Treasury Secretary Wally Adeyemo said on Friday that the U.S. government does not have the…
US
Embraer exec sees no sales hit from Pratt & Whitney engine woes
LISBON (Reuters) – The head of Brazilian Embraer’s planemaking division dismissed concerns that problems at engine supplier Pratt & Whitney…
Lazard names Orszag as CEO, Jacobs to become executive chairman
By Lananh Nguyen NEW YORK (Reuters) – Lazard Ltd said Peter Orszag, a banker and former White House official, will…
Companies beef up contingency plans ahead of US debt-ceiling deadline
By Laura Matthews NEW YORK (Reuters) -Some corporate treasurers are stepping up their contingency plans to address any upcoming funding…
Tina Turner honoured at lakeside Swiss home where she died
By Cecile Mantovani KUESNACHT, Switzerland (Reuters) – Well-wishers gathered outside the lakeside home of Tina Turner on Thursday to pay…
Italy’s UniCredit expands payments partnership with Mastercard
ROME (Reuters) – Italy’s second-largest bank UniCredit said on Friday it had entered into an enlarged payments partnership with Mastercard….
Biden, McCarthy appear near two-year deal on US debt ceiling as default looms
By Nandita Bose, Jarrett Renshaw and David Morgan WASHINGTON (Reuters) -U.S. President Joe Biden and top congressional Republican Kevin McCarthy…
Marketmind: Debt deal is near, Fed peak is not
A look at the day ahead in U.S. and global markets from Mike Dolan As the AI-led tech stock boom…
TD to build U.S. business brick by brick, after First Horizon set back
By Nivedita Balu TORONTO (Reuters) -Canada’s no.2 lender TD Bank Group will push ahead with its U.S. expansion by focusing…
China allows Morgan Stanley to set up China futures unit
SHANGHAI (Reuters) – China’s securities regulator said on Friday it had allowed Morgan Stanley to set up a China futures…