NEW YORK, Reuters Bank of America and Citigroup said on Monday they had begun a dialogue with the Federal Reserve to understand differing results between the central bank39;s stress test and the companies39; own under the DoddFrank Act. BofA has yet to announce a potential dividend increase, in contrast with rivals. JPMorgan Chase, Citigroup, Wells Fargo, Goldman Sachs and […]

July 4 Reuters Ecommerce giant Amazon will deploy its first European vans from U.S. electric vehicle EV maker Rivian in Germany over the coming weeks as part of longterm plans to electrify its transportation network, it said on Tuesday. Amazon said 300 electric vans will hit the roads in the Munich, Berlin, and Dusseldorf regions as part […]

SEOUL, July 4 Reuters South Korea39;s Samsung Biologics announced on Tuesday two deals with Pfizer worth a combined 897 million to manufacture products for the U.S. pharmaceutical giant. The latest deals will see the biotech division of the Samsung Group produce biosimilar products ranging from oncology and inflammation to immunotherapy in the period to 2029 at its […]

Reuters Meta Platforms plans to launch a Twitterrivalling microblogging app called Threads, days after Twitter boss Elon Musk attracted criticism by announcing a temporary cap on how many posts users can read on the social media site. Threads is expected to be released on Thursday and will allow users to retain followers from photosharing platform Instagram, […]