Morgan Stanley to increase Paris staff to 500 by 2025
PARIS (Reuters) – Morgan Stanley’s plan to increase headcount in France by 200 by 2025 would bring its total staff…
US
Sarepta surges after FDA panel backs Duchenne gene therapy
By Aditya Samal (Reuters) -Shares of Sarepta Therapeutics jumped 25% on Monday as a backing by the U.S. health regulator’s…
Explainer-How Wall Street is preparing for possible US debt default
By Davide Barbuscia and Pete Schroeder NEW YORK/WASHINGTON (Reuters) – As talks over raising the U.S. government’s $31.4 trillion debt…
Vice Media files for bankruptcy as ad business suffers
By Samrhitha A and Rahat Sandhu (Reuters) -Vice Media Group, popular for websites such as Vice and Motherboard, filed for…
Fed’s Goolsbee says May rate hike was ‘close call’ for him
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee said on Monday that his decision to support an interest rate…
Brazil’s Americanas looking for buyer for stake in Grupo Uni.co
SAO PAULO (Reuters) – Brazilian retailer Americanas SA, which filed for bankruptcy earlier this year after an accounting scandal, said…
NY Fed’s domestic markets chief to join Bank of New York Mellon
By Michael S. Derby (Reuters) – Bank of New York Mellon Corp on Monday said a top New York Federal…
US consumers keep vehicles for a record 12.5 years on average -S&P
By Paul Lienert (Reuters) – Americans in the waning days of the COVID pandemic are keeping their combustion-engine vehicles longer,…
Take Five: A summit with a ceiling
(Reuters) -Right now, it’s all about deadlines, as lawmakers race to thrash out a deal on the U.S. borrowing limit,…
Ford says it will reduce costs to boost China business
SHANGHAI/BEIJING (Reuters) – Ford said on Monday it was working to reduce costs in China as it strives to recover…