Featured Reuters
TikTok artists and advertisers to stay with app until 'door slams shut'
By Sheila Dang, Dawn Chmielewski and Danielle Broadway (Reuters) - Ban or no ban, TikTok's partners in the music and advertising world plan to stick with the massively popular short-form video platform until the bitter end, seven industry leaders ...
Airbus says it accepts request by Canadian union for conciliation
OTTAWA (Reuters) - Airbus said on Wednesday that it had accepted a request for conciliation by Montreal-area workers who assemble the company's smallest jet, but had no intention of increasing its offer. Union members had on Sunday rejected a ...
UBS faces new lawsuit by Appaloosa over Credit Suisse $17 billion bond wipeout
By Jonathan Stempel (Reuters) - A new lawsuit by U.S. hedge fund Appaloosa LP accuses the former Credit Suisse of misleading investors about its health before $17 billion of its bonds were written down to zero in a government-orchestrated rescue ...
Goldman Sachs taps BofA bankers for India dealmaking roles, sources say
By M. Sriram MUMBAI (Reuters) -Goldman Sachs has hired two senior bankers in India to cash in on growing dealmaking and investor interest in the South Asian country, three sources with direct knowledge told Reuters on Wednesday. Sunil Khaitan will be ...
TikTok suspends new app's reward programme amid EU concerns
By Foo Yun Chee BRUSSELS (Reuters) -TikTok will voluntarily suspend its new app TikTok Lite's reward programme while it tries to resolve EU concerns, the company said on X social media platform on Wednesday. The European Commission is using its ...
Hong Kong spot crypto ETFs to start trading next week
(Reuters) -Hong Kong-listed spot bitcoin and ether exchange traded funds aim to start trading on April 30, three asset managers that provide the products said on Wednesday. The financial hub is set to be Asia's first to accept cryptocurrency ...
Colombia's central bank seen cutting benchmark interest rate to 11.75% in April:Reuters poll
By Nelson Bocanegra BOGOTA (Reuters) - The board of Colombia's central bank is forecast to cut its benchmark interest rate by 50 basis points for a second consecutive month at its April meeting, to support the country's economic recovery without ...
IMF executive board to meet April 29 on $1.1 billion Pakistan disbursement
By Ariba Shahid and Asif Shahzad KARACHI (Reuters) -The executive board of the International Monetary Fund will meet on April 29 to discuss the approval of $1.1 billion funding for Pakistan, the fund said on Wednesday. The funding is the second and ...
Interpublic faces muted ad spending amid Middle East conflict
(Reuters) - Interpublic reported sharp revenue drops in some of its international markets on Wednesday, including the Middle East, as geopolitical uncertainty weighs on advertisement budgets. Growing tensions in the Middle East have clouded ...
Tesla shareholder seeks to bar Musk from dodging from Delaware pay ruling
By Tom Hals and Jody Godoy WILMINGTON, Delaware (Reuters) -A Tesla investor who successfully sued to void CEO Elon Musk's $56 billion pay package asked a Delaware judge on Wednesday to prevent the electric carmaker from bucking the court's authority ...