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| China is a "very important" creditor of Sri Lanka and it would likely be in the interest of both countries if China participated in restructuring Sri Lanka's debt, U.S. Treasury Secretary Janet Yellen said on Thursday. |
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| U.S. stock index futures fell on Thursday after JPMorgan Chase & Co and Morgan Stanley kicked off the earnings season with downbeat results, adding to worries of a potential recession. |
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| Conagra Brands Inc missed Wall Street estimates for quarterly sales on Thursday, with demand for its frozen foods and ready-to-eat meals slowing as it raised product prices. |
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| Morgan Stanley on Thursday reported a drop in second-quarter profit, as dealmaking slumped amid soaring market volatility and dented the firm's investment banking unit. |
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| Barrick Gold Corp , on Thursday reported a 5.4% rise in second-quarter gold output compared to the previous quarter, driven by stronger performance at its Carlin and Turquoise Ridge mines in Nevada. |
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| Alibaba Group is cutting over a third of staff in its in-house deals team, four people with knowledge of the matter said, after Beijing's sweeping regulatory crackdown sharply slowed the Chinese e-commerce behemoth's dealmaking pace. |
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| JPMorgan Chase & Co reported a bigger-than-expected 28% fall in second-quarter profit on Thursday as America's largest bank set aside more money to cover potential losses in the face of growing risks of a recession. |
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| Twitter Inc's fight with Elon Musk to enforce his $44 billion deal to buy the social media platform could attract scrutiny from the U.S. securities regulator over whether Musk has misled the market during the course of the deal. |
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| Wall Street's top investment banks that stand to lose lucrative fees from Elon Musk abandoning his $44 billion acquisition of Twitter Inc hope the start-ups backed by the world's richest person will make up for the lost business. |
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| General Motors Co's electric Chevy Blazer SUV will be vital to the automaker's effort to catch Tesla Inc in the U.S. EV market, but by the time it hits showrooms next year it will be fighting a crowd of vehicles to run second in a segment dominated by Tesla's Model Y. |
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