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Citigroup nears Mexican consumer bank spinoff, WSJ reports

(Reuters) – Citigroup (NYSE:C) is close to spinning off its Mexican consumer bank Banamex, an important part of CEO Jane Fraser’s bank…
Stock

UK budget shows government doesn’t understand business, says retail veteran

LONDON (Reuters) – Britain’s tax raising budget shows the government does not understand business and it will drive prices higher, restrict pay…
Stock

Sofas become points of purchase as Americans shop with their phones on Thanksgiving

By Arriana McLymore NEW YORK (Reuters) – U.S. holiday shoppers have big plans to use small screens for a head start this…
Stock

Reliance’s US unit buys $12 million stake in helium explorer Wavetech Helium

(Reuters) – Reliance Industries (NS:RELI)’ U.S. unit has bought a 21% stake in U.S.-based helium production company Wavetech Helium for $12 million,…
Stock

European stocks rebound, Remy Cointreau struggles

Investing.com — European stock markets are set to open higher Thursday, showing signs of recovery after a lackluster session the day before….
Stock

World markets head for reality check after month of Trump

By Naomi Rovnick, Dhara Ranasinghe and Nell Mackenzie LONDON (Reuters) – November was a month of clear winners and losers from Donald…
Stock

CFM re-allocates some engines in boost to Airbus, sources say

By Tim Hepher MUNICH (Reuters) -Jet engine maker CFM has agreed to divert some engines to Airbus to narrow a supply gap…
Stock

Morning bid: Holiday-bound US turns focus to inflation, France tense

A look at the day ahead in U.S. and global markets from Mike Dolan With Wall Street about to log off for…
Stock

Credit Suisse acquitted of 2022 conviction over cocaine cash laundering case

ZURICH (Reuters) – A top Swiss court on Wednesday acquitted Credit Suisse of a 2022 criminal conviction when the bank that is…
Stock

Hyundai to recall over 226,000 vehicles in US over rear view camera display concerns

(Reuters) -Hyundai Motor is recalling 226,118 vehicles in the U.S. over concerns the rear view camera image may fail to display, the…
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