U.S. Senate banking panel urges Wells Fargo to 'finally' fix problems

WASHINGTON (Reuters) -The head of the U.S. Senate Banking Committee on Tuesday called on Wells Fargo & Co Chief Executive Charles Scharf to "finally" address weaknesses at the bank, including "governance, risk management, and hiring practices."

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31-05-2022

Biden, Fed Chair Powell to meet as inflation weighs on consumers

(Reuters) -U.S. President Joe Biden will meet Federal Reserve Chair Jerome Powell on Tuesday as historic inflation drains Americans' pocketbooks.

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31-05-2022

Exclusive-Russian oil firms to reopen wells in June banking on demand rally, sources say

Russian oil companies led by Rosneft plan to re-open wells in June which they had shut due to Western sanctions, four sources said, as firms bank on a pick-up in seasonal demand and sustained Asian buying.

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31-05-2022

Biden, Fed Chair Powell to meet as inflation continues to weigh on consumers

(Reuters) -U.S. President Joe Biden will meet Federal Reserve Chair Jerome Powell on Tuesday as historic inflation continues to drain Americans’ pocketbooks.

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31-05-2022

Puma taking orders from wholesalers, including those with Russian presence

German sportswear maker Puma has started taking orders for next year from wholesalers around the globe, some of which operate in Russia, but the company said it was not importing into the country following its invasion of Ukraine.

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31-05-2022

Biden and Fed Chair Powell to discuss inflation crisis on Tuesday

U.S. President Biden will meet Federal Reserve Chair Jerome Powell on Tuesday as historic inflation continues to drain Americans’ pocketbooks.

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31-05-2022

Soccer-French trade unions hail strike success during Champions League final

French transport trade unions on Tuesday hailed the success of their strike during the Champions League final between Liverpool and Real Madrid, which the French government said contributed to the public disorder that marred the showpiece event.

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31-05-2022

China to halve purchase tax for small-engine cars

SHANGHAI (Reuters) -China's Ministry of Finance said on Tuesday that it will halve a purchase tax for small-engine cars to boost auto sales.

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31-05-2022

Japan May consumer confidence improves for 2nd month

Japan's consumer confidence index rose in May for a second straight month, the government said on Tuesday, as households enjoyed the first restriction-free spring holiday season since before the COVID-19 pandemic.

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31-05-2022