Fed launches long-awaited instant payments service, modernizing system
By Hannah Lang (Reuters) – The U.S. Federal Reserve has launched a long-awaited service which will aim to modernize the…
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US consumer watchdog warns no more ‘rubber stamp’ for bank mergers
By Douglas Gillison (Reuters) – U.S. lenders hoping for easy merger approvals in the wake of the March banking crisis…
Goldman brings back Tom Montag as CEO Solomon bolsters board support
(Reuters) -Goldman Sachs has brought back to its fold senior executive Tom Montag, adding him to its board as the…
Activist investor Elliott takes stake in drug manufacturer Catalent – source
By Maggie Fick LONDON (Reuters) – Activist investor Elliott Investment has taken a stake in contract drugmaker Catalent, a source…
Investors see Japanese equities shining brighter on attractive valuations
By Divya Chowdhury, Anisha Sircar and Lisa Pauline Mattackal MUMBAI (Reuters) – Japanese equities continue to look attractive to foreign…
Marsh McLennan beats Q2 profit estimates on interest income boost
(Reuters) – Marsh McLennan reported second-quarter profit above expectations on Thursday, bolstered by the higher interest the company earned from…
US, South Korea, Japan to hold summit in August -Yoon’s office
SEOUL (Reuters) – U.S. President Joe Biden will meet with the leaders of Japan and South Korea in August in…
YouTube hikes prices for US premium subscribers for the first time
(Reuters) -YouTube, Google’s video streaming platform, hiked prices on its monthly and annual premium plans in the United States for…
As cell-cultivated meat hits menus, investors see scaling as next hurdle
By Leah Douglas WASHINGTON (Reuters) – Cell-cultivated meat companies could receive new investment since U.S. regulators cleared the product’s sale…
The mismatched metamorphosis of Turkey’s financial markets
By Marc Jones and Canan Sevgili LONDON (Reuters) -Whisper it, but for all the warnings of a Turkish financial market…