Evercore hires veteran investment banker Bergstein from Morgan Stanley -sources
By David Carnevali and Mike Stone NEW YORK (Reuters) -Evercore has hired veteran Morgan Stanley banker Seth Bergstein as a…
Thai central bank to hike rates by 25 bps on Aug. 2, ending tightening cycle – Reuters poll
By Anant Chandak BENGALURU (Reuters) – The Bank of Thailand (BOT) will deliver a final 25-basis-point interest rate increase on…
US commerce chief says China export controls will hit companies’ revenue
By David Shepardson WASHINGTON (Reuters) – Commerce Secretary Gina Raimondo said on Wednesday the Biden administration is seeking to carefully…
Crypto bill passes congressional committee in victory for industry
By Hannah Lang WASHINGTON (Reuters) -A key congressional committee on Wednesday advanced a bipartisan bill that aims to develop a…
Fed lifts rates, Powell leaves door open to another hike in September
By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -The Federal Reserve raised interest rates by a quarter of a…
Analysis-Investors dumping China load up on other emerging markets
By Summer Zhen and Patturaja Murugaboopathy HONG KONG (Reuters) – Global investors are increasingly choosing to bypass China’s markets in…
California, other states move to block 3M’s $10.3 billion PFAS deal
By Clark Mindock (Reuters) -A group of 22 states and U.S. territories on Wednesday moved to block a proposed $10.3…
Higher interest rates depress UK commercial property, survey finds
By David Milliken LONDON (Reuters) – Two thirds of property surveyors think Britain’s commercial real estate market is in a…
In challenge to Tesla, automakers launch US EV charging network
By Abhirup Roy and Jarrett Renshaw (Reuters) -Seven major automakers on Wednesday said they were forming a new company to…
Ship carrying nearly 3,000 cars ablaze off Dutch coast, crew member dead
By Charlotte Van Campenhout and Rishabh Jaiswal AMSTERDAM (Reuters) -A fire blazed on a cargo ship off the Dutch coast…