(Reuters) – Wells Fargo said on Tuesday it has named Alexandra Barth as the co-head of its leveraged finance business, beefing up the lender’s ranks as it looks to expand its investment ba[...]
Read moreJuly 9, 2024
US Treasury’s Yellen: China AI investment restrictions are narrowly targeted
WASHINGTON (Reuters) – U.S. targeting of certain investments in artificial intelligence in China is narrowly targeted at clear national security risks, Treasury Secretary Janet Yellen told lawma[...]
Read moreEV startup Fisker to recall more than 11,000 vehicles in latest setback (June 12)
(Reuters) – (This June 12 story has been corrected to say that the company will recall more than 11,000 vehicles, not 18,000 vehicles, in the headline, and that it is recalling thousands of cars[...]
Read moreNHTSA opens recall query into about 94,000 Jeep Wrangler 4xe SUVs
(Reuters) -The National Highway Traffic Safety Administration has opened a recall query into 94,275 Stellantis-owned Jeep SUVs over a loss of motive power, the U.S. auto safety regulator said on Tuesd[...]
Read moreBlackRock bullish on UK stocks after elections, Japan stocks are top play
By Davide Barbuscia and Karin Strohecker NEW YORK/LONDON (Reuters) -The BlackRock Investment Institute (BII) said on Tuesday that recent parliamentary elections in Britain had made valuation of UK equ[...]
Read moreEV maker Lucid to recall over 5,200 Air luxury sedans for software error, US regulator says
(Reuters) – Lucid Group will recall about 5,251 of its 2022-2023 Air luxury sedans due to a software error that could cause a loss of power, according to a notice from the U.S. National Highway[...]
Read moreIndia eyes energy deals with Rosneft and other Russian companies
By Nidhi Verma and Krishn Kaushik NEW DELHI (Reuters) – India wants to strengthen its energy ties with Russia and could seek deals with Rosneft and other leading Russian oil firms as part of a b[...]
Read moreFifth Third is fined by US CFPB over fake bank accounts, auto repossessions
By Jonathan Stempel (Reuters) – Fifth Third Bancorp will pay $20 million in civil fines and offer redress to 35,000 harmed consumers to settle U.S. Consumer Financial Protection Bureau charges i[...]
Read moreINSTANT VIEW-Fed’s Powell: “More good data” will “strengthen” case for rate cut
(Reuters) – Inflation “remains above” the U.S. Federal Reserve’s 2% target, but has been improving in recent months and “more good data would strengthen” the case f[...]
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