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Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Prospects for medium-term global growth weak By Reuters

© Reuters. FILE PHOTO: Kristalina Georgieva, Managing Director of the International Monetary Fund, attends a joint press conference with William Ruto, President of Kenya, French

Bank of America registers 6% Y/Y increase in Global Markets income in Q1 2023
Finances

Bank of America posts Global Markets income of $1.1bn for Q2 2023, up 9% Y/Y

Bank of America Corp (NYSE:BAC) has just released its financial report for the second quarter of 2023. Across all segments, net income rose 19% year-on-year

Mind the curve By Reuters
Finances

Global market outlook bright but China’s clouds darken By Reuters

© Reuters. FILE PHOTO: A passerby walks past an electric monitor displaying various countries’ stock price index outside a bank in Tokyo, Japan, March 22,

U.S. Companies Score Partial Reprieve From Global Tax Deal
Business

U.S. Companies Score Partial Reprieve From Global Tax Deal

Changes to the deal negotiated by officials including Treasury Secretary Janet Yellen will delay or reduce taxes set to be paid to foreign countries.  Source

Mastercard introduces Cross-Border Services Express
Finances

Mastercard names Rob Beard its Chief Legal Officer, General Counsel and Head of Global Policy

Mastercard today announced the appointment of Rob Beard as Chief Legal Officer, General Counsel and Head of Global Policy. Rob Beard Mr Beard will oversee

A Buoyant Global Economy Is Starting to Sag
Business

A Buoyant Global Economy Is Starting to Sag

Manufacturing activity is weakening, Europe has slipped into a mild recession, China’s rebound from Covid-19 is sputtering and heavy debt and high interest rates burden

Finances

Australia expects unemployment rate to rise as global economy slows By Reuters

© Reuters. FILE PHOTO: A worker delivering parcels pushes a trolley past the Reserve Bank of Australia building in central Sydney, Australia, March 7, 2017.

Finances

Yellen ‘eager’ to work with China on debt, other global challenges By Reuters

© Reuters. FILE PHOTO: US Treasury Secretary Janet Yellen attends a climate roundtable at the US embassy in Beijing on July 8, 2023. Pedro Pardo/Pool

Australia upbeat on global tax talks at G20 in India By Reuters
Finances

Australia upbeat on global tax talks at G20 in India By Reuters

2/2 © Reuters. Workers work to install a hoarding board near the venue of G20 Finance Ministers and Central Bank Governors meeting at Gandhinagar in

EPA Launches Green Bank for Climate Funding in Low-Income Areas
Business

EPA Launches Green Bank for Climate Funding in Low-Income Areas

The bank will aim to channel private-sector funding to communities vulnerable to climate change. Source link