WASHINGTON (Reuters) – Production at U.S. factories unexpectedly fell in June, but rebounded in the second quarter as motor vehicle […]
US builder confidence hits highest level in over a year
By Safiyah Riddle (Reuters) – U.S. home builder sentiment hit a 13-month high in July as limited housing stock continued […]
Chipotle to open restaurants in Middle East through first franchise deal
(Reuters) – Chipotle Mexican Grill will enter the Middle East next year through its first franchise deal that will see […]
Canadian housing starts jump 41% in June – CMHC
TORONTO (Reuters) – Canadian housing starts rose 41% in June compared with the previous month, the largest increase in the […]
McKinsey partners with startup Cohere to help clients adopt generative AI
By Krystal Hu (Reuters) – Consultancy giant McKinsey said it had struck a partnership with artificial intelligence startup Cohere in […]
PNC Financial’s interest income forecast trim clouds upbeat quarter
(Reuters) – PNC Financial Services Group on Tuesday cut its forecast for full-year net interest income (NII), casting a shadow […]
MUFG, Morgan Stanley to deepen alliance, merge some Japan operations
By Makiko Yamazaki TOKYO (Reuters) – Mitsubishi UFJ Financial Group (MUFG) and Morgan Stanley said on Tuesday they will deepen […]