[ad_1] (Reuters) – WeWork owner The We Company plans to proceed with an investor roadshow for its initial public offering (IPO) as early as next week, braving concerns over the valuation it can achieve in
Exclusive: U.S. congressional probe finds possible lapses in Deutsche Bank controls – sources
[ad_1] LONDON/NEW YORK (Reuters) – U.S. congressional investigators have identified possible failures in Deutsche Bank AG’s money laundering controls in its dealings with Russian oligarchs, after the lender handed over a trove of transaction records,
Exclusive: Banco do Brasil, UBS in advanced talks for investment banking joint venture – sources
[ad_1] SAO PAULO (Reuters) – Brazilian state-controlled lender Banco do Brasil SA (BBAS3.SA) and UBS Group AG (UBSG.S) are in advanced talks about an investment banking joint venture that could be signed as soon as
Alibaba dials up luxury push with $2 billion buy of Netease e-commerce arm
[ad_1] SHANGHAI (Reuters) – Alibaba Group has agreed to buy e-commerce business Kaola from Chinese gaming company NetEase for $2 billion, adding a platform that specializes in supplying curated luxury goods from abroad to domestic
Fed will continue to act ‘as appropriate’ to sustain U.S. growth
[ad_1] FILE PHOTO: Federal Reserve Board Chairman Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on the “Semiannual Monetary Policy Report to Congress” on Capitol Hill in Washington DC, U.S.,
U.S. wants ‘near term’ results from new China trade talks: Kudlow
[ad_1] WASHINGTON (Reuters) – The Trump administration wants to see “near term results” from U.S.-China trade talks in September and October, White House economic adviser Larry Kudlow said on Friday, but he declined to predict
Citigroup doubles down on credit cards even as U.S. economy softens
[ad_1] NEW YORK (Reuters) – Despite signs that the U.S. economy is slowing, New York-based Citigroup Inc is betting big on credit cards. Balance transfer envelopes are pictured in a Reuters office in New York,
Exclusive: Libyan state oil firm cuts back fuel supplies to east amid battle over capital
[ad_1] CAIRO (Reuters) – Libya’s state oil firm has restricted kerosene supplies to areas controlled by eastern commander Khalifa Haftar in what diplomats and oil officials said was an attempt to prevent his troops using
Explainer: ECB weighs stimulus options to boost ailing economy
[ad_1] FRANKFURT (Reuters) – The European Central Bank is all but certain to approve new stimulus measures on Sept. 12 to boost an ailing economy, but the composition of its package is far from clear
Qualcomm to expand 5G chips into mid-priced phones next year
[ad_1] (Reuters) – Qualcomm Inc said on Friday it will put fifth-generation, or 5G, technology into chips powering mid-priced mobile phones starting next year, expanding use of chips now found almost exclusively in pricey phones