Browsing: Economy

Negotiations between logistics giant UPS and the Teamsters union continue to run down to the wire as the company offered an enhanced pay package that the…

By Harish Sridharan (Reuters) – United Malt Group Ltd said on Monday it agreed to a A$1.5 billion ($999 million) takeover offer from Malteries Soufflet, a…

Amid rising tensions, U.S. Treasury Secretary Janet Yellen will travel to China later this week to meet with senior Chinese government officials. Yellen will attend meetings…

(Bloomberg) — US consumer sentiment continued to improve through the end of June, while short-term inflation expectations held at a more than two-year low. The University…

BEIJING (Reuters) -China’s central bank said on Friday it would implement prudent monetary policy in a “precise and forceful manner” to support economic growth and employment,…

By Rodrigo Campos and Marc Jones NEW YORK/LONDON (Reuters) – From BlackRock to JPMorgan (NYSE:), some of the world’s top investors are upbeat on emerging markets…

By Emilio Parodi MILAN (Reuters) – Prosecutors in Milan are probing allegations of false accounting in relation to the crisis at Italian life insurer Eurovita, a…

By Ron Bousso LONDON (Reuters) -Shell’s head of renewable generation Thomas Brostrom is leaving the company, a spokesperson said on Friday, weeks after CEO Wael Sawan…

By Anirban Sen and Andres Gonzalez NEW YORK/LONDON (Reuters) -Global mergers and acquisitions (M&A) activity fell 36% year-on-year in the second quarter, but investment bankers and…

By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The last rates based on the tarnished London Interbank Offer Rate, or Libor, were published on…