economy

JPMorgan Chase on opening bank branches: 200 down, 200 to go

JPMorgan Chase & Co (JPM.N) is halfway through a campaign to open 400 new bank branches and is closing in…

4 years ago

Bill Gates’ next generation nuclear reactor to be built in Wyoming

Billionaire Bill Gates' advanced nuclear reactor company TerraPower LLC and PacifiCorp (PPWLO.PK) have selected Wyoming to launch the first Natrium…

4 years ago

The $15 billion jet dilemma facing Boeing’s CEO

Boeing Co CEO Dave Calhoun faces a multibillion-dollar dilemma over how to rebuild sales in its core airliner business that…

4 years ago

Euro zone producer prices rise more than expected in April

Euro zone producer prices rose more than expected in April, boosted by a surge in energy prices, data from the…

4 years ago

Oil and gas stocks carry $126 bln cost for Norway’s sovereign fund – research

Norway's sovereign wealth fund missed out on $125.8 billion in potential returns over a three year period by investing in…

4 years ago

Dogecoin jumps on news of launch on Coinbase Pro

Dogecoin, a meme-based cryptocurrency popular among retail investors, surged on Wednesday, benefiting from news that digital asset exchange Coinbase (COIN.O)…

4 years ago

Global equities edge higher on hopes of U.S. jobs data

Global equities markets firmed on Wednesday ahead of key U.S. economic data due later in the week as investors weighed…

4 years ago

EXCLUSIVE SoftBank tech fund in talks to invest in Dubai cloud kitchen Kitopi-sources

SoftBank Group Corp (9984.T) is in talks to invest in Dubai "cloud kitchen" Kitopi's latest funding round through its second…

4 years ago

Etsy eyes Gen-Z shoppers with $1.63 bln deal for fashion reseller Depop

Etsy Inc (ETSY.O) said on Wednesday it would buy Generation-Z focused fashion resale company Depop for $1.63 billion, seeking to…

4 years ago

Climate change risks will affect U.S. bank capital in long-run – official

U.S. regulators will "eventually" have to factor climate change risks into bank capital rules, but it is still too soon…

4 years ago