Reuters US Business

By Alden Bentley and Jaspreet Kalra NEW YORK/MUMBAI (Reuters) -Sterling and the Japanese yen slumped on Tuesday on growing investor anxiety about government finances, allowing the dollar to claw back some ground, while traders looked toward Friday’s U.S. jobs report for signals on the greenback’s next turn. Renewed pressure on bond markets, with Britain’s 30-year …

Weak pound and yen shore up dollar, bonds and payrolls in focus Read More »

By Polina Devitt LONDON (Reuters) -Gold prices hit a record $3,532 per troy ounce on Tuesday, extending a rally that has boosted them more than 90% since late 2022. Demand is expected to remain robust for some time due to a mix of factors. Central bank purchases and strong investment demand, visible in inflows into …

Explainer-Gold’s record-breaking rally: who’s keeping it going? Read More »

By Scott Murdoch SYDNEY (Reuters) -Australia’s Westpac Banking Corp aims to hire 350 bankers in the next two years to help gain business banking market share and close the gap on its major rivals, it said on Tuesday. The bank had hired 135 business bankers so far this year, Paul Fowler, Westpac’s chief executive of …

Australia’s Westpac to hire 350 more bankers to win business lending market share Read More »

By Greg Bensinger SAN FRANCISCO (Reuters) -Amazon doubled its Prime Day discount sales to four days this year and touted blowout numbers days after the event. But by one critical metric, it missed the mark. Sign-ups in the U.S. failed to meet last year’s total and even the company’s own target, according to internal company …

Exclusive-Amazon US Prime sign-ups slow despite expanded Prime Day push, data shows Read More »

By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Tuesday dismissed an antitrust lawsuit accusing 10 large banks of conspiring to rig corporate bond prices at the expense of ordinary investors, after the original judge recused himself because his wife owned stock in one of the banks. Investors accused Bank of America, Barclays, Citigroup, …

Ten big banks defeat antitrust lawsuit in US over bond trades Read More »

By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) -U.S. regulators are pulling back on some bank exams and the use of confidential disciplinary notices, a sign lenders are already benefiting from a softer touch under President Donald Trump’s administration, said more than half a dozen industry executives.  In recent months, the Office of the …

Exclusive-US regulators cancel bank exams as Trump rollback gathers pace Read More »

(Reuters) -The global aircraft leasing arm of Australia’s Macquarie Group said on Tuesday it has purchased 30 Boeing 737-8 aircraft, in line with its goal to transition to more fuel-efficient, new generation models. Macquarie AirFinance did not disclose financial details of the deal, which marks its second direct order with Boeing. Boeing, in response to …

Australia’s Macquarie AirFinance to add 30 Boeing 737-8s to its fleet Read More »

By Zaheer Kachwala (Reuters) -Paramount Skydance will make a live-action film based on Activision Blizzard’s hit video game franchise “Call of Duty” as part of a deal with the Microsoft-owned company, the media firm said on Tuesday. Under the agreement, Paramount will develop, produce, and distribute the film based on the popular intellectual property while …

Paramount, Activision strike deal for ‘Call of Duty’ live-action film Read More »