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13 May

Democrats' hopes of holding Senate may rest on hoodie, shorts-wearing ex-mayor

The Democratic Party's hopes of picking up a much-needed U.S. Senate seat in Pennsylvania are likely tethered to a 6-foot, 8-inch tall tattooed and goateed liberal who eschews suits for hoodies and once met with President Joe Biden wearing basketball shorts.

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13 May

JPMorgan's Dimon faces shareholder advisory vote on $52.6 million retention award

Long-time JPMorgan Chase & Co Chief Executive Jamie Dimon will find out on Tuesday how shareholders feel about a special $52.6 million stock option award he received to stay on for five more years, which is opposed by two key investor advisory firms.

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13 May

Musk says $44-billion Twitter deal on hold

Elon Musk said on Friday his $44-billion acquisition of Twitter Inc was temporarily on hold, citing pending details on spam and fake accounts.

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13 May

Honda warns of rising costs, forecasts weaker annual profit

TOKYO (Reuters) -Japan's Honda Motor on Friday forecast a 7% fall in annual earnings, instead of an expected rise, and warned that the long chip crunch and rising raw material costs were hurting profit, echoing comments from rivals Toyota and Nissan.

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13 May

Euro bounces off lows but heads for big weekly loss

The euro edged off five-year lows to rise back above $1.04 on Friday, but it is headed for a big weekly loss after Russia's decision to restrict gas supplies to Europe renewed fears about an economic slowdown in the euro zone.

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13 May

Musk says $44-billion Twitter deal temporarily on hold

(Reuters) -Elon Musk said on Friday his $44-billion deal for Twitter Inc was temporarily on hold, citing pending details on spam and fake accounts.

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13 May

World stocks clamber off 18-month lows, but markets on recession watch

LONDON/SHANGHAI - World stocks rose from the previous day's 18-month lows and the dollar pulled back from 20-year highs on Friday, though investors remained nervous about high inflation and the impact of rising interest rates.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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