United States

EXCLUSIVE Biden considers giving refiners relief from U.S. biofuel laws, sources say

President Joe Biden's administration, under pressure from labor unions and U.S. senators including from his home state of Delaware, is…

4 years ago

European shares hit record high, bond yields fall as inflation fears ease

Shares gained on Friday and bond yields fell from the United States to Europe as investors shrugged off rising U.S.…

4 years ago

BlackRock becomes first to operate wholly owned China mutual fund biz

BlackRock Inc (BLK.N) has become the first global asset manager licensed to start a wholly owned onshore mutual fund business…

4 years ago

G7 eyes allocating $100 bln from IMF funds to COVID-ravaged nations-US

The United States and other Group of Seven nations are considering reallocating $100 billion from the International Monetary Fund's warchest…

4 years ago

Analysis: As EU preps debut recovery bond, a reality check for “safe asset” hopes

As the European Union readies bond sales for its pioneering COVID-19 recovery fund, the scale and duration of the borrowing…

4 years ago

EXCLUSIVE ECB tells Deutsche Bank to find new chairman fast – sources

The European Central Bank has asked Deutsche Bank a number of times in recent months to name a successor to…

4 years ago

U.S. trade czar Tai says upbeat on prospects for ‘intense’ trade talks with EU

U.S. Trade Representative Katherine Tai said on Thursday she will accompany President Joe Biden to Brussels next week for “intense…

4 years ago

Analysis: G7 global tax plan may hit corporate titans unevenly

An agreement by wealthy nations aimed at squeezing more tax out of large multinational companies could hit some firms hard…

4 years ago

U.S. House panel approves $547 bln infrastructure boost

A U.S. House committee early on Thursday voted 38 to 26 to authorize $547 billion in additional spending over five…

4 years ago

U.S. household wealth jumps to record $136.9 trillion, Fed says

U.S. household wealth jumped to a record $136.9 trillion at the end of March, a report from the Federal Reserve…

4 years ago