Citi’s $7 Billion Banamex Sale Scuttled as AMLO Intervenes
Citigroup Inc. spent 16 months preparing its Banamex unit for a sale that ultimately fizzled after meddling by
2023-05-25 19:49
Turkey Holds Rate Again With Lira Feeling Heat Before Runoff
Turkey’s central bank extended its interest-rate pause for a third month as it tries to keep the lira
2023-05-25 19:27
The F-16 Jets Kyiv Wants Won’t Fly in Ukraine Any Time Soon
Ukraine faces a long wait before it can deploy F-16s against Russia, as US and European allies begin
2023-05-25 19:26
Goldman Says US Mutual Funds Suffer From Big Tech Aversion
A reluctance by US mutual funds to invest in big tech stocks, which have staged a ferocious rally
2023-05-25 18:59
ECB’s Guindos Says Wages, Margins Pose Upside Inflation Risk
European Central Bank Vice President Luis de Guindos said upside dangers to inflation stem from rising wages and
2023-05-25 18:47
Bill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges Anew
Bill Ackman said Hindenburg Research has “outed” the way billionaire Carl Icahn runs his publicly traded company and
2023-05-25 18:28
Stellantis invests in US start-up Lyten to develop lithium-sulfur batteries
MILAN Stellantis has invested in Lyten to help the U.S. startup develop applications for lithium-sulfur EV batteries, lightweight
2023-05-25 18:21
Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
2023-05-25 17:51
Yandex to Offer Investors Choice of Russian or Foreign Assets
Investors in Yandex NV will get to choose whether to keep a stake in the company’s profitable Russian
2023-05-25 17:50
Great Wall Motor says rival BYD failing on hybrid emissions
SHANGHAI/BEIJING (Reuters) -Great Wall Motor has filed a report with China's regulators against BYD, it said on Thursday, claiming its
2023-05-25 17:48
Chinese Hackers Targeting US, Guam Aim to Disrupt Communications, Microsoft Says
A Chinese state-sponsored hacking group has stealthily gained access to infrastructure organizations in Guam and elsewhere in the
2023-05-25 17:45
As Trump’s Classified Documents Probe Wraps Up, Potential Charges Are Near
Special Counsel Jack Smith is wrapping up his investigation into former president Donald Trump’s refusal to return classified
2023-05-25 17:24