By Ahmad Ghaddar, Alex Lawler and Maha El Dahan VIENNA (Reuters) -OPEC and its allies began two days of meetings…
Category: Economy
Majority of EU countries against network fee levy on Big Tech, sources say
By Foo Yun Chee BRUSSELS (Reuters) -A majority of EU countries have rejected a push by Europe’s big telecoms operators…
Biden cheers debt ceiling ‘crisis averted’ from Oval Office
By Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden declared a “crisis averted” on Friday in his…
3M reaches tentative $10 billion pollution settlement with US cities – Bloomberg News
By Clark Mindock and Brendan Pierson (Reuters) – 3M Co has struck a tentative settlement of at least $10 billion…
Global shares, US yields rise after strong jobs data, debt-ceiling passage
By Chibuike Oguh NEW YORK (Reuters) -Global shares and U.S. Treasury yields rose on Friday following stronger-than-expected job growth data…
US employers boost hiring in May, but labor market losing steam
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in May, but a surge in the unemployment rate to…
JPMorgan president says loan demand declining, US economic slowdown weighs
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co’s President and Chief Operating Officer Daniel…
Fed seen skipping June, maybe hiking in July after jobs data
(Reuters) – Federal Reserve policymakers will probably leave interest rates unchanged when they meet later this month, but keep the…
McCarthy’s moment: Debt ceiling vote secures Republican US House speaker’s standing
By David Morgan WASHINGTON (Reuters) – Kevin McCarthy earned his stripes as Republican speaker of the U.S. House of Representatives…
High-flying C3.ai shares slump as sobering forecast dampens AI hype
By Medha Singh (Reuters) -Shares of C3.ai Inc dropped 13% on Thursday after the software maker’s disappointing quarterly revenue forecast…