(Reuters) – Bank of America Corp saw its earnings more than half in the second quarter as it set aside $ 5 billion against future credit losses in what its top boss called the “most tumultuous period since the Great Depression.” FILE PHOTO: A Bank of America building is seen …
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China is unlikely to use its currency aggressively as a tool against the United States, even if tensions continue to rise between the two economic giants, chief economist at Morgan Stanley told CNBC. “I think another trend is emerging … China does not want its currency to be so volatile, …
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FILE PHOTO: People line up outside the Kentucky Career Center before it opens to find help with their unemployment claims in Frankfort, Kentucky, USA, June 18, 2020. REUTERS / Bryan Woolston (Reuters) – Americans who received higher unemployment benefits due to the coronavirus pandemic spent more than when they worked, …
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TAICHUNG, Taiwan (Reuters) – Taiwan’s air, sea and land forces conducted live-fire exercises simulating the repulsion of an invading force on Thursday, and President Tsai Ing-wen said he showed his determination to defend the democratic and reclaimed island. by the Chinese. F-16s and domestically-made Ching-kuo fighter jets launched attacks, and …
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A higher European court ruled Thursday that companies that transfer personal data of EU users to other jurisdictions will have to provide the same protections granted within the bloc. The ruling could affect how companies transfer data from European users to the United States and other countries, such as the …
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