UBS to start Credit Suisse Asia investment banking job cuts in July -sources
By Kane Wu and Selena Li HONG KONG (Reuters) – UBS will start cutting Asia investment banking jobs at Credit…
Explainer-Why is inflation so high in the UK?
By William Schomberg LONDON (Reuters) – British inflation defied forecasts of a fall in May and stayed far above price…
Strong relations between BMW and China a ‘win-win’ -CEO
(Reuters) – BMW’s strong ties with China are a “win-win” as the car industry shifts towards greener, more connected vehicles,…
UK inflation shock rocks markets as investors eye more rate hikes
By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – Investors on Wednesday ramped up bets on the Bank of England…
FedEx paring costs, grounding more planes as margin pressure persists
(This June 20 story has been corrected to change share repurchase figure to $2 billion, from $2 million, in paragraph…
Russia says Biden calling Xi a ‘dictator’ shows US is erratic
MOSCOW (Reuters) -Russia said on Wednesday that U.S. President Joe Biden’s reference to his Chinese counterpart Xi Jinping as a…
Tesla’s Musk says eyeing significant India investments after meeting Modi
By Hyunjoo Jin and Shivangi Acharya SAN FRANCISCO/NEW DELHI (Reuters) -Tesla chief executive Elon Musk said India’s Prime Minister Narendra…
In Africa, France targets Russian and Wagner disinformation
By John Irish, Elizabeth Pineau and Bate Felix PARIS/DAKAR (Reuters) – After armed men killed nine Chinese nationals at a…
Marketmind: Powell patter, UK shock, FedEx warning
A look at the day ahead in U.S. and global markets from Mike Dolan The Fed chair has a tricky…
Analysis-US Treasury bond spree could jolt markets if leveraged bets unravel
By Davide Barbuscia NEW YORK (Reuters) – An expected surge in Treasury bill issuance could throw a wrench into the…