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Euro zone yields fall as US payrolls seen easing rate-hike pressure

Euro zone yields fall as US payrolls seen easing rate-hike pressure

By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Euro zone government bond yields fell on Friday, falling in line with U.S. pee..

Fed’s job-friendly ‘soft landing’ hinges on history not repeating

Fed’s job-friendly ‘soft landing’ hinges on history not repeating

By Howard Schneider (Reuters) – Federal Reserve officials have acknowledged that the battle against inflation will be paid for w..

Exclusive-Embattled Credit Suisse aims to launch China wealth business next year

Exclusive-Embattled Credit Suisse aims to launch China wealth business next year

By Anshuman Daga SINGAPORE (Reuters) – Credit Suisse, which has been buffeted by a string of scandals, management changes and gl..

WhatsApp bans 2.4 million Indian accounts in July – monthly report

WhatsApp bans 2.4 million Indian accounts in July – monthly report

BENGALURU (Reuters) – WhatsApp banned 2.39 million Indian accounts in July, the highest so far this year, the Meta-owned popular..

Starbucks taps head of Lysol maker Reckitt as its new CEO

Starbucks taps head of Lysol maker Reckitt as its new CEO

NEW YORK (Reuters) -Starbucks Corp on Thursday named Laxman Narasimhan as its next chief executive officer, choosing an executive cred..

Philips subsidiary to pay over $24 million for alleged false claims for medical equipment

Philips subsidiary to pay over $24 million for alleged false claims for medical equipment

By Kanishka Singh WASHINGTON (Reuters) -A subsidiary of Dutch medical device maker Philips has agreed to pay over $24 million to resol..

Gorbachev died shocked and bewildered by Ukraine conflict – interpreter

Gorbachev died shocked and bewildered by Ukraine conflict – interpreter

By Andrew Osborn MOSCOW (Reuters) -Mikhail Gorbachev, the last Soviet leader, was shocked and bewildered by the Ukraine conflict in th..

Sterling slides below $1.15 for first time since 2020

Sterling slides below $1.15 for first time since 2020

By Tom Wilson and Samuel Indyk LONDON (Reuters) -Sterling skidded against the dollar on Thursday to its lowest level since March 2020 ..

EU regulator backs two Omicron-adapted COVID boosters

EU regulator backs two Omicron-adapted COVID boosters

By Natalie Grover and Ludwig Burger (Reuters) -The European Union’s drug regulator on Thursday backed two separate COVID-19 vacc..

High inflation is bad for UK productivity – BoE’s Mann

High inflation is bad for UK productivity – BoE’s Mann

LONDON (Reuters) – Britain’s very high inflation risks distracting businesses from the longer-term decisions needed to boo..