By Nandita Bose WASHINGTON (Reuters) -President Joe Biden and Senator Bernie Sanders met with young labor organizers from Starbucks and Minor League Baseball among others at the White House on Monday[...]
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Politics
World economy in a difficult place but not destined to stay there – World Bank chief
GANDHINAGAR, India (Reuters) – The world economy is in a difficult place but it is not destined to stay there, World Bank President Ajay Banga said on Monday. The World Bank last month cut its 2[...]
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Yellen does not see recession in U.S. – Bloomberg interview
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Monday the United States was making good progress in bringing inflation down and she did not expect the U.S. economy[...]
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BlackRock to expand proxy voting choice to retail ETF investors
By Ross Kerber (Reuters) – The world’s top asset manager BlackRock said it will offer proxy voting choices to U.S. retail investors of its biggest exchange-traded fund, expanding a strateg[...]
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Marketmind: China falls short and oil ebbs but banks impress
A look at the day ahead in U.S. and global markets from Mike Dolan China’s spluttering recovery set the tone for world markets on Monday after a bumper week of U.S. disinflation news was capped[...]
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China’s frail Q2 GDP growth raises urgency for more policy support
By Kevin Yao and Joe Cash BEIJING (Reuters) -China’s economy grew at a frail pace in the second quarter as demand weakened at home and abroad, with the post-COVID momentum faltering rapidly and[...]
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China’s Xiaomi bets bigger on India retail stores amid Samsung rivalry
By Aditya Kalra NEW DELHI (Reuters) -China’s Xiaomi will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, its India president said, as the company see[...]
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Yellen ‘eager’ to work with China on debt, other global challenges
By David Lawder and Aftab Ahmed GANDHINAGAR, India (Reuters) -U.S. Treasury Secretary Janet Yellen said on Sunday she was “eager” to work with China on areas of mutual interest, including[...]
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Credit Suisse inquiry will keep files secret for 50 years
By John Revill ZURICH (Reuters) -A parliamentary investigation into the collapse of Credit Suisse will keep its files closed for 50 years, according to a parliamentary committee document, a level of s[...]
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