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A sign reads “FDIC Insured” on the door of a branch of First Republic Bank in Boston, Massachusetts, U.S., March 13, 2023.

US bank regulator tables plans to scrutinize asset manager stakes in banks

Reuters |Updated 20 minutes ago |1 min read

WASHINGTON (Reuters) - A top US bank regulator opted not to consider new rules that would have imposed stricter oversight on asset managers with sizeable investments in banks, even as agency officials agreed the matter merited more attention. The ...

A view shows the office of TikTok in Culver City, California, March 13, 2024.

ByteDance denies media report of plan to sell TikTok

Reuters |Updated 20 minutes ago |1 min read

BEIJING (Reuters) - ByteDance has no plan to sell TikTok, the company's official account said in a statement posted on Toutiao, a media platform owned by the China-based firm. The Information earlier reported that ByteDance is exploring scenarios ...

Colombo Stock Exchange logo board is seen at CSE premises in Colombo, Sri Lanka June 7, 2023.

Sri Lankan shares end higher as financials, industrials gain

Reuters |Updated 29 minutes ago |1 min read

BENGALURU (Reuters) - Sri Lankan shares closed higher on Thursday, driven by gains in financial and industrial stocks. * The CSE All Share index settled 1.4% higher at 12,075.98, gaining for three straight sessions. * LOLC Holdings and John ...

Java Blend

Union to launch boycott of Java Blend coffee shops in Halifax

Bill Spurr · Multimedia Journalist |Updated 46 minutes ago |3 min read Premium content

Workers laid off by Java Blend Coffee Roasters in Halifax while attempting to form a union will launch a boycott of the business on Sunday. Tina Oh, an organizer with the Service Employees International Union, which represents the workers, said ...

The BYD logo is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024.

Battle for 'tech luxury' in China as EVs get smarter - and cheaper

Kevin Krolicki, Sarah Wu |Updated 1 hour ago |4 min read

By Sarah Wu and Kevin Krolicki BEIJING (Reuters) - The battle for consumer attention in China's electric car market is being fought over touches of "tech luxury" that car buyers in other markets have never seen. China’s upstart electric brands, ...

Smoke rises from an airstrike in Gaza, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, as seen from Israel, April 25, 2024.

Hamas insists Gaza war end for any hostage deal, says won't be swayed by U.S. pressure

Reuters |Updated 1 hour ago |1 min read

CAIRO (Reuters) - Hamas reiterated on Thursday its demand Israel end the Gaza war as part of any deal to release hostages held there, with Sami Abu Zuhri, a senior official in the Palestinian militant group, telling Reuters that U.S. pressure on ...

The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019.

Boeing's credit rating under pressure as S&P revises outlook to 'negative'

Reuters |Updated just now |1 min read

(Reuters) -Boeing's credit rating was under pressure for the second time this week as S&P revised its rating outlook on Thursday after a mid-air blowout of a cabin panel in January prompted the planemaker to slow production of its best-selling ...

Moncton issued 183 permits for construction worth $56.5 million in the first quarter of 2024. (Via facebook.com/cityofmoncton.villedemoncton)

Construction boom hits Moncton in first quarter of 2024

Atlantic Briefs Desk |Updated 1 hour ago |2 min read Premium content

Moncton is experiencing a significant construction surge, with 183 permits worth $56.5 million issued in the first quarter of 2024, more than doubling the total permit value over the same period in 2023. Residential construction represents 37 per ...

SaltWire

US issues new Iran-related sanctions, Treasury Dept. website shows

Reuters |Updated 7 minutes ago |1 min read

WASHINGTON (Reuters) - The United States on Thursday issued fresh Iran-related and Russia-related sanctions, according to the Treasury Department website.The sanctions designations issued on Thursday affect Pouya Air, eight individuals, five ...

U.S. Treasury Secretary Janet Yellen attends a press conference in Beijing, China April 8, 2024.

Yellen says economy performing well, inflation will ebb

Reuters |Updated 1 hour ago |1 min read

WASHINGTON (Reuters) - Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very, very well" and that she still sees inflation falling back to more normal levels. "The U.S. economy continues to perform ...

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