U.S. issues guidelines on defending Philippines from South China Sea attack
By Karen Lema MANILA (Reuters) – The United States has laid out in clear terms the extent of its defence…
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US jobs market softening; slumping productivity boosts labor costs
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits increased last week as…
Westinghouse unveils small modular nuclear reactor
By Timothy Gardner WASHINGTON (Reuters) – U.S. company Westinghouse unveiled plans on Thursday for a small modular reactor to generate…
TD pulls $13.4 billion First Horizon purchase, leaves U.S. bank in limbo
By Nivedita Balu and Niket Nishant (Reuters) – Canada’s Toronto-Dominion Bank Group on Thursday called off its $13.4 billion takeover…
Largest banks doing big deals not ideal, FRC an exception – Powell
NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said it was probably good policy that the largest banks are…
Canada’s March trading activity slowed in sign of cooling demand
By Ismail Shakil and Fergal Smith OTTAWA (Reuters) -Canada’s imports and exports dropped to one-year lows in March, data showed…
Bud maker’s profit jumps as customers absorb higher prices
By Philip Blenkinsop BRUSSELS (Reuters) -Anheuser-Busch InBev, the world’s largest brewer, reported higher than expected first-quarter earnings on Thursday as…
Nigerian lawmakers approve restructure of $52 billion in cenbank loans
By Camillus Eboh ABUJA (Reuters) -Nigeria’s lower house of parliament on Thursday approved a plan to restructure 23.7 trillion naira…
Goldman Sachs cooperating with government probes on SVB collapse
(Reuters) -Goldman Sachs Group Inc said in a filing on Thursday it is cooperating with government probes into collapsed Silicon…
PacWest confirms strategic options talks after US bank shares plunge
By Anirban Sen and Noel Randewich (Reuters) – PacWest Bancorp said late on Wednesday it was in talks with potential…