Business
China to drop demand for development bank debt restructuring losses -source
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -China is expected to drop its demand for multilateral development banks to share losses…
Business
BOC Aviation awarded $406 million over planes stuck in Russia
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Tuesday ordered Russia’s largest cargo airline to pay aircraft lessor BOC…
Business
Glencore offers cash to Teck shareholders in play for deal support
By Clara Denina and Muhammed Husain LONDON (Reuters) – Glencore Plc on Tuesday modified its $22.5 billion all-share takeover bid for Teck…
Business
J&J talc unit faces skepticism on bankruptcy settlement support
By Dietrich Knauth (Reuters) – A Johnson & Johnson company on Tuesday defended its second attempt to resolve talc lawsuits in bankruptcy,…
Business
Fed to determine ‘what, if any’ more rate action is needed -Harker
(Reuters) – Philadelphia Federal Reserve Bank President Patrick Harker on Tuesday held the door open to the possibility that, a year into…
Business
Cryptoverse: Ethereum upgrade to unlock $33 billion
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Investors are finally set to gain access to more than $33 billion of…
Business
Japan awards Mitsubishi Heavy $2.8 billion missile contracts
TOKYO (Reuters) – Japan has awarded its largest defence equipment maker Mitsubishi Heavy Industries contracts worth 378 billion yen ($2.84 billion) to…
Business
Futures edge higher as focus shifts to inflation data, earnings
(Reuters) – U.S. stock index futures rose on Tuesday as investors awaited inflation data to gauge the Federal Reserve’s next policy moves,…
Business
Credit Suisse pays back some emergency liquidity, central bank data suggests
ZURICH (Reuters) – Credit Suisse has already paid back some of the emergency liquidity offered by the Swiss National Bank (SNB), data…
Business
Indian startups go to court to stop Google’s new in-app billing system
By Aditya Kalra NEW DELHI (Reuters) – A group of Indian startups has asked a court to suspend Alphabet Inc Google’s new…