Lloyds Bank boss Horta-Osório to step down after a decade at the helm
(Reuters) – Lloyds Bank (LLOY.L) Chief Executive António Horta-Osório said on Monday he would step down next year after a decade at the helm, leaving […]
UK new car sales post smaller slump in June on annual basis
LONDON (Reuters) – British new car registrations fell by a third on an annual basis in June when many dealerships reopened after COVID-19 lockdown measures […]
Asia shares climb as China blue chips hit five-year peak
SYDNEY (Reuters) – Asian shares scaled four-month peaks on Monday as investors counted on super-cheap liquidity and fiscal stimulus to sustain the global economic recovery, […]
Tunisia's Ennahdha party to review stance on government
TUNIS (Reuters) – The moderate Islamist party Ennahda will review its stance on Tunisia’s coalition government over an alleged conflict of interests involving Prime Minister […]
Lebanon's top Christian clerics blast politicians as hunger, hardship bite
BEIRUT (Reuters) – Lebanon’s Christian authorities slammed politicians on Sunday for failing to remedy an economic meltdown that has left many poor, piling pressure on […]
Philippines records highest single-day jump in new coronavirus cases
MANILA (Reuters) – The Philippines reported its biggest single-day jump in new coronavirus cases on Sunday, adding 2,434 confirmed infections and taking the total count […]
Britain puts $10 million into study on long term effects of COVID-19
LONDON (Reuters) – Britain is putting 8.4 million pounds ($10.49 million) into a new study to examine the long-term effects of COVID-19 on patients, the […]
China reports eight new coronavirus cases in mainland
BEIJING (Reuters) – China reported eight new coronavirus cases in the mainland for July 4, compared with three cases a day earlier, the health authority […]
Rapper Kanye West announces U.S. presidential bid on Twitter
WASHINGTON (Reuters) – American rapper Kanye West, a vocal supporter of U.S. President Donald Trump, announced on Saturday that he would run for president in […]
Exclusive: CIMB alleges 'suspicious' Hontop Energy oil deals with BP – affidavit
SINGAPORE (Reuters) – Singapore’s High Court has appointed an independent supervisor to oversee the restructuring of trader Hontop Energy. The move came after Malaysian lender […]
Egypt sets date for senate elections in August
CAIRO (Reuters) – Egypt will hold inaugural elections for a new second parliamentary chamber on Aug. 11-12, election commissioner Lasheen Ibrahim said on Saturday. Amendments […]
Iran imposes new curbs as coronavirus toll rises
(Reuters) – Iranians who do not wear masks will be denied state services and workplaces that fail to comply with health protocols will be shut […]
Olympic Casino's asset grab unnerves European junk bond investors
AMSTERDAM (Reuters) – A sleight of hand by the owner of an Estonian gaming company is alarming investors worried that tactics used by private equity […]
Daimler's Mercedes-Benz to streamline global production network
FRANKFURT (Reuters) – Daimler’s (DAIGn.DE) Mercedes-Benz is seeking to streamline global production, the German carmaker said on Friday, resulting in a restructuring charge of hundreds […]
Russia's constitutional changes to come into force on July 4 – Kremlin
MOSCOW (Reuters) – Changes to the Russian constitution, including an amendment that could pave the way for President Vladimir Putin to rule the country until […]
CBO sees rapid growth in US economy starting this quarter
Kudlow: New coronavirus stimulus package is ‘large scale’ National Economic Council Director Larry Kudlow on the additional coronavirus stimulus package, June jobs number and U.S.-China […]
Asian shares hit four-month high as U.S., China recoveries gather pace
TOKYO/NEW YORK (Reuters) – Asian shares rallied to a four-month high on Friday on robust U.S. payrolls data and a brisk pickup in Chinese service […]
Australia new virus cases fall, but testing blitz runs into resistance
MELBOURNE (Reuters) – Australia reported a drop in new coronavirus cases on Friday, with a surge in the second most populated state Victoria appearing to […]
Wall Street closes higher after biggest payrolls jump on record
NEW YORK (Reuters) – Wall Street closed higher and the Nasdaq reached an all-time closing high on Thursday as investors headed into their long holiday […]
US Banking Regulator Invites Innovators to Talk Tech Virtually
Per a July 2 announcement, the Office of the Comptroller of the Currency (OCC) and the Consumer Financial Protection Bureau (CFPB) are opening up virtual […]
Cyclical rally, U.S. jobs data drive European stocks to one-week high
(Reuters) – European shares closed at a one-week high on Thursday as hopes of a COVID-19 vaccine and a better-than-expected rebound in U.S. hiring overshadowed […]
Swiss restrict entry from 29 countries to prevent coronavirus spread
ZURICH (Reuters) – Travellers to Switzerland from 29 countries will from July 6 have to register with the authorities and go into self-isolation to prevent […]
Amid strong June job growth, signs U.S. recovery may be stumbling
(Reuters) – The U.S. economic recovery, after two months of faster-than-expected job gains, may be stumbling as a surge of new coronavirus infections prompts states […]
Record job growth powers Wall Street, Nasdaq hits all-time high
(Reuters) – Wall Street opened higher on Thursday, with the Nasdaq hitting an all-time high as data showed the U.S. economy added jobs at a […]