Assets in actively managed ETFs top $1 trillion worldwide
By Suzanne McGee (Reuters) – Assets in actively managed exchange-traded funds (ETFs) worldwide hit a record $1 trillion at the…
China says US missile deployment in Philippines undermines peace
SHANGHAI (Reuters) – Chinese Foreign Minister Wang Yi said the U.S. deployment of intermediate-range missiles in the Philippines “undermines regional…
Thyssenkrupp steel head prepares staff for ‘tough’ cuts
FRANKFURT (Reuters) – Thyssenkrupp’s 27,000 steel workers must brace for deep cuts, the new head of the conglomerate’s steel division…
TD Bank nears possible guilty plea in money laundering probe, WSJ reports
(Reuters) – TD Bank is close to a possible guilty plea to criminal charges that its U.S. retail bank failed…
Apple drops out of talks to join OpenAI investment round, WSJ says
(Reuters) – Apple has left negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, the…
Ocasio-Cortez calls for NYC Mayor Eric Adams to resign
By Jasper Ward WASHINGTON (Reuters) – U.S. Representative Alexandria Ocasio-Cortez on Wednesday called on New York City Mayor Eric Adams…
Trump says he will seek Google’s prosecution if he wins election
By Jasper Ward and Kanishka Singh WASHINGTON (Reuters) -Former U.S. President Donald Trump, who is the Republican presidential candidate, said…
Toyota to recall over 42,000 vehicles over loss of power brake assist, NHTSA says
(Reuters) – Toyota Motor Corp is recalling over 42,000 U.S. vehicles over loss of power brake assist that can extend…
Chinese automaker BYD seeks further easing of Mexico EV tariffs
MEXICO CITY (Reuters) -Chinese automaker BYD is seeking an extension of tariff relief for electric vehicle imports from Mexico’s government,…
Fed should cut interest rates ‘gradually,’ Musalem says
(Reuters) – St. Louis Federal Reserve Bank President Alberto Musalem on Friday said the U.S. central bank should cut interest…