President Emmanuel Macron of France and Ursula von der Leyen, President of the European Commission, arrived in China on Wednesday aiming to restart business and political ties.
Category: internal-storyline-no
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It’s Not All Bad News for Trump Ahead of His Arraignment
The former president’s poll ratings and some of his business fortunes have rallied ahead of his arraignment on Tuesday.
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Ari Emanuel Buys a Pro Wrestling Heavyweight
The New York Times – Business:Ari Emanuel’s Endeavor acquires World Wrestling Entertainment to create a live event and combat sport giant.
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Trump’s Indictment and What’s Next
The New York Times – Business:The fallout will be widespread, with ramifications for the 2024 presidential race, policymaking and more.
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Bob Iger Ousts a Marvel Antagonist
The New York Times – Business:Ike Perlmutter, the chairman of Marvel Entertainment who’s had a volatile tenure at Disney, was reportedly among the latest round of job cuts at the entertainment giant.
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UBS Taps an Ex-C.E.O. to ‘Pilot’ its Takeover of Credit Suisse
The New York Times – Business:Sergio Ermotti helped the bank recover after the 2008 financial crisis, but faces a tougher task this time around.
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Markets Climb as Silicon Valley Bank Finally Finds a Buyer
The New York Times – Business:First Citizens agreed on Sunday to acquire the failed lender’s retail operations, a move that will cost taxpayers but is reassuring investors.
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Investors Try to Parse Jay Powell and Janet Yellen’s Next Moves on Banks
The New York Times – Business:Jerome Powell, the chair of the Federal Reserve, and Treasury Secretary Janet Yellen said that more must be done to rein in banks. What that looks like is unclear.
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UBS Weighs Ending a Plan to Preserve Credit Suisse’s Investment Bank
The New York Times – Business:UBS is weighing whether and how to end a deal that would have preserved most of its rival’s investment bank, as part of its takeover of the ailing Swiss lender.
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Will the Fed Raise Interest Rates During a Banking Crisis?
The New York Times – Business:The central bank’s decision on interest rates on Wednesday is shaping up to be the most consequential of the Jerome Powell era.
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UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale
The New York Times – Business:Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.