HANOI, May 25 (Reuters) – Vietnamese electric vehicle (EV) maker VinFast said it was recalling all the first batches of vehicles it shipped to the United States last year following a warning safety certificates issued by the American authorities. The move came after the US National Highway Traffic Safety Administration (NHTSA) said 999 of VinFast’s … Read more
(1/2) Euro and US dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic TOKYO, May 25 (Reuters) – The euro fell on Thursday as Europe’s biggest economy, Germany, was confirmed in recession, while the dollar hit a two-month high, benefiting from a seek refuge as concerns mount over a US default. … Read more
(1/2) The US Capitol is reflected in a falling puddle amid ongoing negotiations seeking a deal to raise the US debt ceiling and avert a catastrophic default, in Washington, US, on May 24, 2023. REUTERS/Jonathan Ernst SINGAPORE, May 25 (Reuters) – Markets were stuck in U.S. debt ceiling limbo on Thursday as Europe largely shrugged … Read more
May 23 (Reuters) – UBS Group AG (UBSG.S) said on Tuesday it was negotiating with Swiss authorities over loss protections related to its takeover of Credit Suisse Group AG (CSGN.S) and its demands capital regulations. The disclosure underscores how aspects of the merger between the two banks, hastily arranged over a weekend in mid-March by … Read more
(1/11) A climate activist is sacked after disrupting Shell’s annual general meeting in London, Britain May 23, 2023. REUTERS/Ron Bousso GA delayed by protests Climate activist resolution wins 20% of votes LONDON, May 23 (Reuters) – Security personnel shielded Shell (SHEL.L) chief executive Wael Sawan and company directors as climate protesters tried to take to … Read more
(1/2) Small figurines are seen in front of the Zoom logo displayed in this illustration taken March 19, 2020. REUTERS/Dado Ruvic/Illustration May 22 (Reuters) – Zoom Video Communications Inc (ZM.O) raised its full-year revenue and profit forecast on Monday, even as growth slows after a pandemic boom and business spending slows in a difficult economy. … Read more
May 22 (Reuters) – Mizuho Financial Group Inc is to buy U.S. mergers and acquisitions advisory firm Greenhill & Co Inc for $550 million including debt, the companies said on Monday. as Japan’s third-largest lender eyes a bigger share of the world’s largest investment banking fee pool. Greenhill shares more than doubled to close at … Read more
May 22 (Reuters) – Shares of PacWest Bancorp (PACW.O) jumped on Monday after the troubled regional lender announced it had agreed to sell $2.6 billion in construction home loans at a price reduced in order to improve its balance sheet. PacWest shares rose nearly 20% on the deal, giving the Los Angeles-based bank breathing space … Read more
NEW YORK, May 22 (Reuters) – JPMorgan Chase & Co’s (JPM.N) net interest income will rise by $3 billion as it earns more interest on its purchase of bankrupt First Republic Bank this year , executives told investors Monday. The largest US lender expects its net interest income to reach $84 billion thanks to higher … Read more
SINGAPORE, May 22 (Reuters) – Oil prices held steady on Monday as caution over U.S. debt ceiling talks weighed on demand optimism later in the year and offset support from the lower supplies from Canada and OPEC+ producers. Brent crude futures rose 13 cents, or 0.2%, to $75.71 a barrel at 0850 GMT, while U.S. … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/PT2E2HKDKVKMDIDHYRMK4WWD4M.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/3OWFOLYIZJPKHEVGCU5IDZNINE.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/E3J4DPXFUJLFRHTFZI52NJBDKM.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/2LCFF7TUBZLI7H7YGKURE54W6A.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/6RWZO3J3QVMLHL6U2RFFQ7FUYI.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/HZ6QYHFR3NLSJISPO367P2IWYA.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/X6WAY32L2BOMNBU2TFOA3XEF74.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/B54IQXHT75O3DM4DS7DXNAS6HI.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/5NUX7X7USFNGHL2S4EYBMTCSFE.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/ALPTIEWUENLH7P2VDXQD3YTI2Q.jpg)