By Hernan Nessi BUENOS AIRES (Reuters) -Argentina’s economic activity likely expanded 5.8% year-on-year in May, marking its eighth-consecutive month of…
Analysis-Diageo’s new CEO needs actions, not just words
By Emma Rumney LONDON (Reuters) -Diageo’s new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear…
US House poised to send stablecoin bill to Trump after ‘crypto week’ drama
(Reuters) -The U.S. House of Representatives appeared poised to pass key crypto legislation on Thursday, including the creation of a…
Walmart Mexico’s market value sheds $3 billion after Q2 profit dip
MEXICO CITY (Reuters) -Shares in Walmart’s Mexico and Central America unit, known as Walmex, slid 6% on Thursday morning, wiping…
US SEC, Musk seek more time for billionaire to respond to SEC’s lawsuit
NEW YORK (Reuters) -The U.S. Securities and Exchange Commission and Elon Musk have again agreed to give the billionaire more…
Exclusive-Amazon’s AWS cloud computing unit cuts jobs
By Greg Bensinger SAN FRANCISCO (Reuters) -Amazon cut jobs in its Amazon Web Services cloud computing unit on Thursday, a…
US House poised to send stablecoin bill to Trump after ‘crypto week’ drama
(Reuters) -The U.S. House of Representatives appeared poised to pass key crypto legislation on Thursday, including the creation of a…
France’s Macron calls for Asian coalitions as he warns of US-China divisions
By Fanny Potkin, Xinghui Kok and Idrees Ali SINGAPORE (Reuters) -French President Emmanuel Macron said on Friday that division between…
Thyssenkrupp putting 20,000 jobs at risk in overhaul, says union
BERLIN (Reuters) – Germany’s IG Metall union sees around a fifth of jobs at Thyssenkrupp at risk, a senior official…
Brazil tightens prudential rules, adds individual liquidity requirements for banks
BRASILIA (Reuters) -Brazil’s National Monetary Council (CMN) tightened prudential rules on risk management, liquidity and capital for financial institutions, introducing…