Franklin Templeton to Buy Putnam as Desmarais Family Exits
Franklin Resources Inc. is buying Putnam Investments in a deal that unites two established asset management firms and
2023-06-01 04:16
Morgan Stanley Sets $12 Billion Profit Goal for Wealth Business
Morgan Stanley is betting its wealth-management juggernaut is only just getting started as it outlined a plan to
2023-06-01 03:17
Moldova Sees EU Entry by 2030 With Russian-Occupied Region
Moscow is trying to destabilize Moldova, but the tiny former Soviet republic can join the European Union by
2023-06-01 03:17
House Leaders Confident They Will Pass Bill to Avert US Default
Republican and Democratic leaders are expressing confidence that compromise legislation to avert a catastrophic US default will pass
2023-06-01 02:16
ChatGPT Risks Divide Biden’s Team Over AI Rules in EU
Biden administration officials are divided over how aggressively new artificial intelligence tools should be regulated — and their
2023-05-31 21:58
German Inflation Slows Significantly as ECB Hikes Near End
Germany joined its major euro-zone peers in reporting a steep slowdown in inflation — underscoring arguments by some
2023-05-31 21:23
US Mortgage Rates Rise to Near Seven-Month High of 6.91%
US mortgage rates surged to the highest level since early November last week, stifling demand for home purchases
2023-05-31 21:22
EU to propose greater transparency for default swaps on eight banks
By Huw Jones LONDON (Reuters) -The European Commission will propose greater transparency in the trading of credit default swaps of
2023-05-31 20:59
Europe’s Bond Rally Shows How Economic Cracks Are Spreading
European government bonds rallied while the euro and risk-sensitive Nordic currencies sank as cooling inflation prints and weak
2023-05-31 20:26
Germany’s Schmid Nears $640 Million Deal With SPAC to Go Public
Schmid Group, a German provider of advanced electronics manufacturing techniques, is nearing an agreement to go public in
2023-05-31 18:56
Ryanair urges EU Commission to protect overflights from strikes
By Julia Payne BRUSSELS (Reuters) -Ryanair delivered a petition signed by 1.1 million EU passengers to the European Commission on
2023-05-31 18:55
US Slams Kosovo for New Tensions, Urges Calm From Both Sides
The US urged Serbia and Kosovo to immediately de-escalate tensions in northern Kosovo after clashes injured dozens of
2023-05-31 18:51