Britain chips away at NatWest stake with $1.6 billion share sale

(Reuters) – British state-backed bank NatWest has agreed to buy 1.3 billion pounds ($1.6 billion) worth of its shares back…

Ryanair predicts strong summer after near-record annual profit

(Reuters) – Ryanair achieved close to record full-year profit in the year to March 31 and is cautiously optimistic that…

China’s Micron ban revives US trade tensions, fuels Asian chip rally

(Reuters) – A move by Beijing to bar U.S. firm Micron Technology Inc (NASDAQ:MU) from selling memory chips to key…

European shares tentative as nerves over US debt talks linger

(Reuters) – European shares were off to a cautious start on Monday while Wall Street futures struggled, with traders left…

Australia stocks lower at close of trade; S&P/ASX 200 down 0.22%

Australia stocks were lower after the close on Monday, as losses in the A-REITs, Telecoms Services and Financials sectors led shares lower. At the close…

Credit Suisse staff prepare to sue Swiss regulator over lost AT1 bonuses-FT

(Reuters) – Credit Suisse AG staff are preparing to sue the Swiss financial regulator over $400 million of bonuses that…

Sony eyes finance unit listing, doubles down on entertainment

(Reuters) – Sony Group Corp on Thursday said it is examining a partial spin-off of its financial business just three…

Ferrovial says no shareholder opted to divest after approval of Dutch move

(Reuters) – Spanish construction giant Ferrovial said on Friday that none of its investors took an option to divest after…

Apple restricts employees’ use of ChatGPT and other AI tools – WSJ

iPhone maker Apple (NASDAQ:AAPL) is restricting the use of ChatGPT and other external artificial intelligence tools for some employees, according to…

US equity funds experience eighth straight week of outflows

(Reuters) – U.S. equity funds saw an eighth straight week of net outflows in the seven days to May 17…