Norway targets U.S. oil majors as climate activist resolution boosted at TotalEnergies
By Victoria Klesty, Benjamin Mallet and America Hernandez (Reuters) -Pressure mounted on oil majors on Friday as Norway’s giant sovereign…
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Lazard names Orszag as CEO, Jacobs to become executive chairman
By Lananh Nguyen NEW YORK (Reuters) – Lazard Ltd said Peter Orszag, a banker and former White House official, will…
Explainer – Why does the UK have such a painful inflation problem?
By William Schomberg and Andy Bruce LONDON (Reuters) – British inflation fell in April but by less than expected and…
Moderna says looking for opportunities in China after registering legal entity
BEIJING (Reuters) -Vaccine maker Moderna Inc said on Friday it was looking for opportunities in China after confirming that it…
Companies beef up contingency plans ahead of US debt-ceiling deadline
By Laura Matthews NEW YORK (Reuters) -Some corporate treasurers are stepping up their contingency plans to address any upcoming funding…
Global money market funds attract heavy inflows as US debt ceiling looms
(Reuters) – Global money market funds drew inflows for a fifth straight week in the seven days to May 24…
Tina Turner honoured at lakeside Swiss home where she died
By Cecile Mantovani KUESNACHT, Switzerland (Reuters) – Well-wishers gathered outside the lakeside home of Tina Turner on Thursday to pay…
Biden, McCarthy appear near two-year deal on US debt ceiling as default looms
By Nandita Bose, Jarrett Renshaw and David Morgan WASHINGTON (Reuters) -U.S. President Joe Biden and top congressional Republican Kevin McCarthy…
Hyundai Motor Group, LG Energy to build $4.3 billion EV battery plant in US
By Hyunsu Yim and Ju-min Park SEOUL (Reuters) -South Korea’s Hyundai Motor Group and LG Energy Solution Ltd (LGES) on…
ECB’s Lane pushes back on core inflation worries
DUBROVNIK, Croatia (Reuters) – Falling energy prices will lower underlying inflation in the euro zone and rapid wage growth is…