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Goldman Sachs names 60 new partners

Goldman Sachs Group Inc has invited 60 executives to become partners, from Jan. 1, 2021, making the latest batch one of the bank's smallest since the mid-1990s.

Markets

Thyssenkrupp could change tack and keep hydrogen champion Uhde: Report

Embattled conglomerate Thyssenkrupp is reviewing ways to keep its electrolysis unit Uhde as demand for large-scale production of hydrogen is expected to increase, three people familiar with the matter told Reuters.

Markets

US labor market gradually healing; inflation still benign

The number of Americans filing new claims for unemployment benefits fell to a seven-month low last week, but the pace of decline has slowed and further improvement could be limited by a raging COVID-19 pandemic and lack of additional fiscal stimulus.

Markets

Fiat Chrysler and Engie EPS to set up e-mobility joint venture

Fiat Chrysler and Engie EPS, a division of French utility Engie that focuses on energy storage systems and microgrids, plan to set up a joint venture to take full advantage of an expected boom in electric mobility.

Markets

The top contenders to run Biden’s financial agencies

Democratic U.S. President-elect Joe Biden's team has tapped a mix of progressives and centrist policy experts, including former derivatives market regulator Gary Gensler, to work on a transition plan for financial industry oversight. nL1N2HW38V]

Markets

Italy’s Fincantieri, Austostrade sign deal to monitor highways with AI and drones

MILAN: Italy's shipbuilding group Fincantieri said on Thursday its unit NexTech signed an agreement with IBM and a unit of Atlantia's Autostrade per l'Italia to jointly implement a monitoring system for highway bridges, overpasses and tunnels. The new platform will use drones, artificial ...

Markets

Exclusive: Thyssenkrupp could change tack and keep hydrogen champion Uhde – sources

Embattled conglomerate Thyssenkrupp is reviewing ways to keep its electrolysis unit Uhde as demand for large-scale production of hydrogen is expected to increase, three people familiar with the matter told Reuters.

Markets

US data suggest economic recovery may be weakening

The explosive surge in U.S. coronavirus cases this fall has left a question hanging: When will the economy take its own turn for the worse?

Markets

US airlines caution on winter challenges as COVID-19 cases rise

Delta Air Lines and Southwest Airlines on Thursday cautioned that the recent surge in COVID-19 cases may have a negative impact on travel over the winter holidays, a period the sector had hoped would see improved bookings.

Markets

Nigeria case against JP Morgan over OPL 245 oil deal to go to trial

A lawsuit launched by the Nigerian government against U.S. bank JP Morgan Chase, claiming over US$1.7 billion for its role in a disputed 2011 oilfield deal, will proceed to trial, London's high court ruled on Thursday.

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