Citi hires Vargas from JPMorgan to lead equity capital markets in North America
By Tatiana Bautzer NEW YORK (Reuters) -Citigroup hired Bernal Vargas from JPMorgan Chase to lead its equity capital markets division…
Category: Business
Exclusive-China EV brands Zeekr, Neta inflated car sales using insurance scheme
(Reuters) – Chinese electric vehicle brands Neta and Zeekr inflated sales in recent years to hit aggressive targets, with Neta…
Microsoft likely to sign EU AI code of practice, Meta rebuffs guidelines
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft will likely sign the European Union’s code of practice to help companies comply…
OpenAI unveils ChatGPT agent to handle tasks as AI apps evolve
(Reuters) -OpenAI launched an artificial intelligence agent for its popular chatbot ChatGPT on Thursday that can complete complex tasks as…
JPMorgan CEO Dimon says Fed independence ‘absolutely critical’
(Reuters) -JPMorgan Chase CEO Jamie Dimon said on Tuesday the independence of the Federal Reserve is “absolutely critical”. “The President…
Tesla’s top North American sales executive leaves, WSJ reports
(Reuters) -Tesla’s top sales executive in North America, Troy Jones, has left the electric vehicle maker in the latest senior…
Morgan Stanley, Goldman, Wells Fargo reach settlement tied to Archegos collapse
By Jonathan Stempel NEW YORK (Reuters) -Morgan Stanley, Goldman Sachs and Wells Fargo will pay a total of $120 million…
Goldman Sachs raises Brent oil forecast for second half of 2025 to $66
(Reuters) -Goldman Sachs raised its oil price forecasts for the second half of 2025 on Monday, citing the risk of…
Starbucks to shift to four-day work from office from three, says CEO
(Reuters) -Starbucks CEO Brian Niccol said the coffee giant will require many of its employees to work out of office…
IBM rolls out new chips and servers, aims for simplified AI
By Stephen Nellis SAN FRANCISCO (Reuters) -International Business Machines on Tuesday announced a new line of data center chips and…