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U.S. regulators must provide more clarity on crypto rules, says BNY Mellon CFO

By Michelle Price WASHINGTON (Reuters) – U.S. regulators need to provide more clarity on the rules of the road for cryptocurrencies and other digital assets amid ongoing confusion over what

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News Stock Market

American Airlines warns 5G may result in ‘major operational disruptions’

WASHINGTON (Reuters) – American Airlines (NASDAQ:AAL) Chief Operating Officer David Seymour on Tuesday told employees the company expects the airline industry “will experience major operational disruptions” if new 5G wireless

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News Stock Market

France stocks lower at close of trade; CAC 40 down 0.94%

Investing.com – France stocks were lower after the close on Tuesday, as losses in the Utilities, Gas & Water and General Financial sectors led shares lower. At the close in

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News Stock Market

Goldman shares tumble as weak trading, higher pay hit profit

By Matt Scuffham, Noor Zainab Hussain and Niket Nishant (Reuters) – Goldman Sachs Group (NYSE:GS) missed quarterly profit expectations on Tuesday as weak trading activity and rising expenses blighted the

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Economy News

Dollar at one-week high, lifted by U.S. yields; yen steadies

By Gertrude Chavez-Dreyfuss and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -The dollar rose to a one-week high on Tuesday following a jump in benchmark U.S. Treasury yields, while the yen steadied

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Economy News

Global employment won’t recover before 2023: UN labour body

The International Labour Organization projects 207 million unemployed in 2022. Global employment will not recover to pre-pandemic levels until at least 2023, with a projected shortfall in hours worked this

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Economy News

China’s economy beats expectations with 4 percent growth in Q4

Chinese economy expands 8.1 percent for the whole of 2021 amid weakest Q4 growth in more than a year. By Michele Koh Morollo China’s economy grew 4 percent in the final

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Economy News

As India waffles on terms for Tesla, several states woo Musk

At least four states tweeted to Elon Musk over the weekend to set up shop with them after he flagged gov’t problems. By Anurag Kotoky /Bloomberg Politicians from at least four

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News

China’s birth rate drops to record low

Latest data comes as government implores people to have more childnen after decades of doing the opposite. Mainland China’s birth rate dropped to a record low of 7.52 per 1,000

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News

Beijing-linked Cathay Pacific rival eyes $1.8b plane order

Greater Bay Airlines has unveiled ambitious plans to fly to 104 destinations in mainland China and Asia. By Danny Lee / Bloomberg A new Hong Kong-based airline with ties to Beijing

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