(Reuters) -Citigroup will wind up its operations in Haiti due to weak demand from institutional clients and lower international banking activity, ending its presence of more than five decades in the country. The exit is part of a strategic review and will not have a significant economic impact on Citi, the bank said on Monday….
(Reuters) -British fintech company Revolut’s CEO Nikolay Storonsky will cash in part of his multibillion dollar stake in the company as part of a $500 million share sale, Sky News reported on Sunday. The Financial Times reported last month that the digital finance app is working with bankers on the share sale, including shares held…
By Moira Warburton WASHINGTON (Reuters) – A growing number of Democrats in the U.S. Congress are calling on Democratic President Joe Biden to end his re-election bid after the 81-year-old incumbent’s halting debate performance against Republican rival Donald Trump. Here is a list of lawmakers who have publicly called for Biden to not run again….
(Reuters) – Private equity firm Carlyle Group is in exclusive talks to acquire Baxter International’s kidney care spinoff Vantive for more than $4 billion, including debt, a person familiar with the matter told Reuters on Friday. Shares of the Deerfield, Illinois-based firm rose about 4%. The parties had entered exclusive negotiations in late June, the…
WASHINGTON (Reuters) -U.S. President Joe Biden again called his debate against Republican opponent Donald Trump “a bad episode,” suggesting in an interview with ABC News on Friday that his shaky performance was due to poor preparation, exhaustion and illness. “No indication of any serious condition. I was exhausted. I didn’t listen to my instincts in…
MANILA (Reuters) – The Philippine Coast Guard (PCG) said on Saturday that China’s largest coastguard vessel has anchored in Manila’s exclusive economic zone (EEZ) in the South China Sea, and is meant to intimidate its smaller Asian neighbour. The China coastguard’s 165-meter ‘monster ship’ entered Manila’s 200-nautical mile EEZ on July 2, spokesperson for the…
By Nathan Layne (Reuters) – Former President Donald Trump tried to distance himself on Friday from a conservative group’s sweeping plans for the next Republican presidency, days after its leader claimed a second American Revolution was underway that would “remain bloodless if the left allows it to be.” The Republican presidential candidate renounced any connection…
By Suzanne McGee (Reuters) – Shares of headphone maker Koss Corp. soared for the second session in a row on Friday, closing at $13.35 a share, after trading as high as $18.50 early in the day, as social media posts speculated that a post by meme stock influencer Keith Gill indicated his interest in the…
By Stephanie Kelly and Nandita Bose (Reuters) – U.S. President Joe Biden has defiantly rejected calls that he step aside from the presidential race against Republican opponent Donald Trump, presenting a challenge to fellow Democrats who are concerned his age will dissuade voters. “I am running and gonna win again,” Biden, 81, told supporters in…
WASHINGTON (Reuters) – U.S. President Joe Biden will no longer speak at gathering of the largest U.S. teacher’s union on Sunday, the White House said after the union’s staff announced a strike. The National Education Association Staff Union said it would strike on Friday, urging supporters to join them on a picket line outside the…
