By Pete Schroeder and Nupur Anand WASHINGTON/NEW YORK (Reuters) -U.S. bank executives warned on Friday that looming higher capital requirements would raise prices for financial products and push activ[...]
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US
United Airlines pilots reach labor agreement, boost pay
CHICAGO (Reuters) -United Airlines and its pilots on Saturday reached a labor agreement that will give the latter a significant pay increase, after the union rejected an earlier offer last year instea[...]
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Elon Musk says Twitter’s cash flow still negative as ad revenue drops 50%
By Jahnavi Nidumolu and Krystal Hu (Reuters) -Twitter’s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling[...]
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Global rules leave crypto firms with no place to hide, says G20 watchdog
By Huw Jones LONDON (Reuters) – Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen at FTX exchange and other crypto casualties[...]
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Britain’s Entain to buy U.S.-based Angstrom Sports for $160 million
(Reuters) – Ladbrokes-owner Entain on Monday agreed to acquire U.S.-based Angstrom Sports for 122 million pounds ($159.5 million) as it looks to widen its footprint in the country. The acquisiti[...]
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Analysis-For markets, BoE communication is bottom of the class
By Yoruk Bahceli (Reuters) – As markets navigate a likely end to the steepest interest rate rises in decades, investors say the Bank of England has been less consistent in its messaging than oth[...]
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Marketmind: Bland China data leaves market hungry for stimulus
A look at the day ahead in European and global markets from Wayne Cole It could have been worse, is about the best that can be said of China’s data dump today. The Q2 GDP number of +0.8% q/q jus[...]
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Marketmind: Will China GDP spoil the party?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The macro and market week in Asia starts with a bang on Monday, with a ra[...]
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Tesla builds first Cybertruck after two years of delays
(Reuters) – Tesla built its first Cybertruck at the electric-vehicle marker’s plant in Austin, Texas, the company said in a tweet on Saturday, after two years of delays. Tesla founder Elon[...]
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