Japanese banks have sufficient capital bases but need to be vigilant against tail risks including developments in global financial markets and geopolitical perils, the Bank of Japan
October 24, 2024
Signs of thawing ties a day after the leaders of India and China met are unlikely to deter New Delhi's plans to back tariffs on steel as they are not country-
October 24, 2024
Shares in Gucci-owner Kering rose on Thursday, shrugging off the French luxury goods company's warning that 2024 operating income would almost halve to its lowest in years due to weak
October 24, 2024
Tesla's Frankfurt-listed shares rose 12% to a two-week high on Thursday, as a strong sales forecast cheered investors.
October 24, 2024
UK's Bloomsbury Publishing on Thursday said trading in fiscal year 2024-2025 will be ahead of current expectations, after posting a 32% jump in first-half revenue, driven by another round
October 24, 2024
French technology group Atos has received approval from the Nanterre Commercial Court for its proposed accelerated restructuring plan, the company said on Thursday.
October 24, 2024
Global miner Anglo American on Thursday posted double-digit falls in its third-quarter copper and diamond production but maintained its 2024 guidance for the commodities.
October 24, 2024
Unilever achieved slightly better than expected underlying quarterly sales after winning back more shoppers with product innovations and slower price increases,
October 24, 2024
London Stock Exchange Group said on Thursday that its income rose a better-than-expected 9.5% in the third quarter after strong growth in its capital markets
October 24, 2024
Barclays reported a forecast-beating 18% rise in third-quarter profit on Thursday, as slower than expected interest rate cuts and upbeat
October 24, 2024
Birkin bag maker Hermes reported on Thursday a hefty rise in third-quarter sales, continuing to outshine rivals hit hard by a downturn in China as its luxury
October 24, 2024
U.S. fund KKR is buying a 25% stake in Italian energy group Eni's biofuel business Enilive, in a deal that values the unit at 11.75 billion euros ($12.7 billion)
October 24, 2024
Consumer goods groups Unilever and Danone beat third-quarter sales estimates on Thursday as they slowed price hikes and invested in
October 24, 2024
Orange on Thursday reported third-quarter profit that was slightly ahead of market expectations, driven by a strong performance at its Africa and
October 24, 2024
Growth in India's business activity picked up slightly in October after softening last month, led by stronger demand in the manufacturing sector, according to a
October 24, 2024
French food caterer Sodexo expects its organic sales growth to slow down to between 5.5% and 6.5% in the fiscal 2025, it said on Thursday, after reporting higher-than-
October 24, 2024
Hyundai Motor Co warned on Thursday of slowing demand and intensifying competition, but stuck to its 2024 earnings target after reporting a 7% fall in third-quarter operating profit,
October 24, 2024
Nivea maker Beiersdorf reported on Thursday a rise in group sales for the first nine months of 2024, and said it expected a strong fourth quarter,
October 24, 2024
French carmaker Renault reported an unexpected rise in quarterly revenues on Thursday, as strong
October 24, 2024
French software company Dassault Systemes cut its 2024 revenue growth forecast for the second time in four months on Thursday, citing the slowdown in the global automotive
October 24, 2024
Canadian miner Teck Resources beat third-quarter profit estimates on Thursday, helped by higher copper production volumes at its Chile mine and on strong prices of the red metal.
October 24, 2024
Equinor said on Thursday it may invest less in renewable energy towards 2030 following its acquisition this month of a stake in wind power group
October 24, 2024
Wall Street drifted to a mixed finish after Tesla surged and IBM slumped following their latest profit reports
October 24, 2024
The European Central Bank (ECB) will probably cut interest rates by a quarter-point in December, Bloomberg News reported on Thursday in an interview with ECB policymaker Robert Holzmann.
October 24, 2024
A look at the day ahead in European and global markets from Rae Wee Markets in Europe on Thursday will be focused on a raft of preliminary Purchasing Managers' Index (PMI) readings, particularly from
October 24, 2024
Abu Dhabi is emerging from Dubai's shadow as it attracts its own share of asset managers' and billionaires wealth, helping
October 24, 2024
Japanese Finance Minister Katsunobu Kato issued a warning against currency speculation on Wednesday, expressing concern over "one-sided, rapid" moves in the
October 24, 2024
Elliott Investment Management and Southwest Airlines are close to reaching a settlement that would avert a proxy battle for control of the airline's board, Bloomberg News reported on
October 24, 2024
Global shares edged higher in choppy trading on Thursday, snapping three straight sessions of losses, while U.S.
October 24, 2024
Japanese conglomerate Seven & i Holdings laid out a growth plan on Thursday that focused on its core 7-Eleven convenience stores and avoided any mention of a $47 billion takeover bid
October 24, 2024
Boeing U.S. factory workers rejected a new wage offer on Wednesday, extending a strike that is crippling the finances of the troubled planemaker and its suppliers.
October 24, 2024
The euro and Japanese yen strengthened on Thursday as the U.S. dollar paused after rallying to a nearly three-month high, with the greenback only briefly
October 24, 2024
Shares of Horizon Robotics ended 2.8% higher on their Hong Kong debut on Thursday, after the Chinese autonomous vehicle maker raised $696 million in
October 24, 2024
Tesla CEO Elon Musk on Wednesday said the electric vehicle maker will roll out driverless ride-hailing services to the public in California and Texas next year, a claim
October 24, 2024
Australia's Westpac said on Thursday Peter Herbert will be appointed as acting chief executive for its business and wealth segment, effective Nov. 5.
October 23, 2024
Oil prices eased about 1% in volatile trade on Thursday on reports the U.S. and Israel will try to restart talks on a possible ceasefire in Gaza.
October 23, 2024
Japan's factory activity contracted for the fourth straight month in October on subdued demand and weak orders, a private-sector survey showed on Thursday.
October 23, 2024
The World Bank and the Inter-American Development Bank (IDB) are providing Argentina with $8.8 billion in financing, the South American country's economy ministry announced on Wednesday, as
October 23, 2024
Ingram Micro priced its U.S. initial public offering at $22 per share, within its targeted range of $20 and $23 on Wednesday, to raise $409.2 million, the technology distributor said.
October 23, 2024
Chinese self-driving startup WeRide has filed for a $119.4 million initial public offering on Nasdaq and a private placement of $320.5 million, according to a term sheet seen by Reuters on
October 23, 2024
Mexico's Becle, the world's largest tequila producer, more than quadrupled its net profit in the third quarter, it said on Wednesday, boosted by favorable foreign exchange-rate
October 23, 2024
China's currency is feeling the pressure from a possible return of Donald Trump as U.S. president, not just from speculators shorting the currency but also mainland
October 23, 2024
South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and
October 23, 2024
British finance minister Rachel Reeves said she would be presenting her upcoming budget as a chance to reset the country's economy and boost investment when
October 23, 2024
A look at the day ahead in Asian markets.
October 23, 2024
United Rentals missed third-quarter profit estimates on Wednesday, on lower margins across all of the equipment rental company's segments.
October 23, 2024
Boeing CEO Kelly Ortberg anticipates the planemaker's defense business will continue to struggle under the weight of budget-busting older contracts, but he said on
October 23, 2024
Tesla cuts its costs to build cars, boosting earnings
October 23, 2024
U.S. financial adviser firm Ameriprise Financial reported a 11% rise in third-quarter profit on Wednesday, as a market rally boosted the value of its client's assets, helping the firm earn
October 23, 2024
The chair of the Basel Committee on Banking Supervision (BCBS), the
October 23, 2024
Las Vegas Sands missed analysts' expectations for quarterly profit on Wednesday, hit by an ongoing renovation at its Londoner casino in Macao and lower-than-expected per table income in
October 23, 2024
Tesla’s third-quarter net income rose 17.3% on stronger electric vehicle sales
October 23, 2024
International Business Machines missed analysts' estimates for third-quarter revenue on Wednesday, hurt by weakness in its consulting segment as businesses cut back on
October 23, 2024
Mattel topped Wall Street estimates for quarterly profit as the Barbie parent kept a tight leash on costs but lowered its annual sales forecast heading into the crucial
October 23, 2024
Tesla CEO Elon Musk said he expects vehicle sales to grow 20% to 30% next year, reassuring investors the company was improving its core business of selling
October 23, 2024
Newmont, the world's top gold producer, missed Wall Street expectations for third-quarter profit on Wednesday, as higher costs and lower production in Nevada took the shine away from a rise
October 23, 2024
T-Mobile US on Wednesday exceeded expectations for quarterly wireless subscriber additions as more customers chose its discounted plans that bundle streaming services like
October 23, 2024
Dow sinks sharply as Wall Street gears up for possibility of a Trump victory
October 23, 2024
A federal regulator has ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and mishandled Apple Card customers' transaction
October 23, 2024
The U.S. Justice Department said on Wednesday that a Venezuelan television news network owner was charged in an alleged $1.2 billion money laundering scheme.
October 23, 2024
Donald Trump ally Mike Lindell, the CEO of MyPillow.com, asked a U.S. appeals court on Wednesday to strike down a $5 million award to a man who successfully debunked his
October 23, 2024
The European Central Bank should evaluate any deal between Italian lender UniCredit and Germany's Commerzbank purely based on the solidity of the resulting bank rather than national
October 23, 2024
Bank of Japan Governor Kazuo Ueda said on Wednesday it was "still taking time" to sustainably achieve its 2% inflation target, signaling that the central bank
October 23, 2024
France is hoping that a meeting on Thursday of some 70 delegations to support Lebanon will raise about 500 million euros ($540 million) in humanitarian aid, according to a foreign
October 23, 2024
Leaders from American automakers and their suppliers said at a Reuters event in Detroit this week that the industry cannot afford complacency
October 23, 2024
U.S. economic activity was little changed from September through early October and firms saw a slight uptick in hiring, continuing recent trends that have reinforced
October 23, 2024
Shohei Ohtani’s historic 50-50 ball sells for record price of $4.39M at auction amid ongoing lawsuit over ownership
October 23, 2024
Policygenius explains the importance of long-term disability insurance and the state of those with or without LTDI in the U.S.
October 23, 2024
JPMorgan Chase is in talks to resume trading physical liquefied natural gas (LNG) after more than a decade, Bloomberg News reported on Wednesday, citing people familiar with the matter.
October 23, 2024
SoFi shares 14 reasons why people are having trouble saving money, plus tips to start stashing away more cash.
October 23, 2024
Hedge fund Bridgewater Associates said the Federal Reserve independence is probably a top issue in the U.S. presidential election, according to a commentary sent
October 23, 2024
New York Attorney General Letitia James is investigating whether Capital One's proposed $35.3 billion takeover of Discover Financial Services violates the
October 23, 2024
A Uruguayan pension reform plan that seeks to lower the retirement age to 60 and will be put to citizens in a referendum on Sunday would "blow up" the South
October 23, 2024
Trump Organization intends to create 25 entities for future product or hotel licensing deals, monitor says
October 23, 2024
The U.S. on Wednesday finalized its $20 billion portion of a long-awaited $50 billion loan to Ukraine backed by frozen Russian assets, announcing
October 23, 2024
Brazil's Finance Minister Fernando Haddad said on Wednesday that a "remedy" to ensure the sustainability of the country's fiscal framework will be discussed
October 23, 2024
Michelin on Wednesday cut its sales volume forecast for the full year as the French tyre maker reported third-quarter sales that fell short of market expectations due to weaker demand.
October 23, 2024
Kering warned on Wednesday its 2024 operating income would almost halve to its lowest in years as weak demand in China deepened the struggles of the French luxury
October 23, 2024
Baker Hughes on Wednesday forecast continued pretax margin gains in the fourth quarter and next year after beating Wall Street estimates for its third-quarter profit.
October 23, 2024
The European Central Bank will need to be cautious when deciding on further interest rate reductions and take its cue from incoming data, ECB President Christine Lagarde said on
October 23, 2024
Apple and Goldman Sachs ordered to pay $89 million after Apple Card failures
October 23, 2024
Nigeria's decision this week to block Shell's $2.4 billion sale of its onshore assets has sent a negative signal to investors the country urgently needs to
October 23, 2024
Experian shares insights about the states where credit scores have been increasing most.
October 23, 2024
Finance chiefs from the leading developed and emerging economies see "good prospects" for a soft landing for the global economy, and they have committed to
October 23, 2024
US and G7 allies moving forward with $50 billion loan package to Ukraine, including $20 billion from the US backed by frozen Russian assets
October 23, 2024
The European Union's next long-term budget should focus on fewer programmes and link reforms to investment to help channel EU cash into areas that the EU
October 23, 2024
Japan's Seven & i will be looking to convince shareholders it can deliver long-term growth on its own when it speaks to them on Thursday, after announcing a sweeping
October 23, 2024
Top British North Sea producer Harbour Energy wants to sell stakes in North Sea oilfields and is reviving plans for a U.S. listing, sources said, as more firms scale
October 23, 2024
Policymakers at Brazil's central bank on Wednesday stressed that they will do whatever it takes to bring inflation back down to the country's 3% target, while voicing concern about
October 23, 2024
Corporate giants Goldman Sachs and Apple will pay $89 million for violations of consumer protection laws in their joint credit card business that affected hundreds of
October 23, 2024
U.S. banking giant JPMorgan Chase on Wednesday named insider Michelle Herrick as its head of commercial real estate business, effective January, succeeding Al Brooks.
October 23, 2024
The U.S. debt path is still sustainable despite steady growth because policymakers have many options to bring debt under control and have an enviable combination of strong
October 23, 2024
Rating agency Moody's will review France's sovereign rating on Friday in what could be the next test of sentiment for bond investors.
October 23, 2024
Britain should bring public debt under control in a way that preserves public investment, a top official at the International Monetary Fund
October 23, 2024
The World Bank will double its commitment for investments in agricultural financing and businesses to $9 billion a year by 2030, the lender's president announced on Wednesday.
October 23, 2024
The idea of the BRICS group ever challenging the U.S. dollar is for the fairies as long as China and India remain so divided and refuse to cooperate on trade,
October 23, 2024
U.S. existing home sales dropped to a 14-year low in September, weighed down by higher mortgage rates and house prices.
October 23, 2024
Sales of previously occupied U.S. homes slowed in September to the weakest annual pace in nearly 14 years even as mortgage rates eased and the supply of properties on the market continued to climb
October 23, 2024
Switzerland is becoming less attractive to wealthy clients, with a decline in assets managed by the country's banks and financial advisers, according to a study published on
October 23, 2024
Ukraine will receive $50 billion in loans, backed by frozen Russian assets, from Group of Seven allies
October 23, 2024
Warren Buffett will not endorse investment products or political candidates, according to a statement on conglomerate Berkshire Hathaway's website, in an apparent
October 23, 2024
McDonald’s president says its food is safe to eat after E. coli outbreak
October 23, 2024
Starbucks reveals what an enormous mess its new CEO has to clean up
October 23, 2024
Merck has acquired Modifi Biosciences for as much as $1.3 billion, gaining access to its experimental cancer therapies, the privately held biotech firm said on Wednesday.
October 23, 2024
Brazilian airline Azul is in talks with multiple parties to raise about $400 million in fresh capital via debt financing and an agreement
October 23, 2024
India cannot risk another bout of inflation and the monetary policy committee (MPC) must adopt a cautious approach to lowering interest rates, members of the rate-
October 23, 2024
Northern Trust reported a 42% rise in third-quarter profit on Wednesday, on a higher fee income from servicing and managing client assets, sending the asset and wealth manager's shares up
October 23, 2024
The recent cascade of countries defaulting on their debt has brought back into vogue complex securities, born in the 1980s, that aim
October 23, 2024
Turkey should avoid a repeat of its last inflation-fuelling minimum wage hike when the next raise is due on Jan. 1 and focus on support measures for the
October 23, 2024
Investors are looking to Unilever's third-quarter results on Thursday to see if the consumer goods group has started to claw back some market share lost to cheaper
October 23, 2024
NextEra Energy is conducting engineering studies and speaking with federal regulators about the possible restart of its Duane Arnold nuclear power plant in
October 23, 2024
Some senior HSBC staff should brace for job cuts after the bank's latest restructuring, Chief Executive Georges Elhedery told staff in a memo seen by Reuters on
October 23, 2024
Boeing CEO Kelly Ortberg laid out a cautious path to turn the company around on Wednesday, calling for a "fundamental culture change" at the
October 23, 2024
Coca-Cola Co. said Wednesday its third-quarter revenue fell as sales volumes flattened or declined around the world
October 23, 2024
General Dynamics reported a more than 10% rise in third-quarter revenue on Wednesday, driven by strength in its defense unit, but fewer business jet
October 23, 2024
CME Group reported a rise in third-quarter profit on Wednesday, as uncertainty around U.S. monetary policy and geopolitical events sent investors
October 23, 2024
Coca-Cola is aiming to hit the higher end of its organic sales forecast for 2024 as growing demand for its higher-priced sodas and juices in the U.S. helped it post
October 23, 2024
Thermo Fisher Scientific on Wednesday raised the lower end of its annual profit forecast, tweaking it for the third time this year, betting on improved demand for its tools and services
October 23, 2024
Italy expects to raise about 5.4 billion euros ($5.82 billion) over the next three years from banks and insurers through a package of measures
October 23, 2024
AT&T gained more wireless subscribers than expected in the third quarter, driven by the steady adoption of its higher-tier unlimited plans that come with perks
October 23, 2024
U.S. mining projects are growing reliant on Washington's financial support to offset global competition, a reality underscored by Sibanye Stillwater's decision last
October 23, 2024
U.S. oil refiners' third quarter profits are expected to fall from last year on weakening margins as fuel demand softened and new refining capacity came online,
October 23, 2024
Foreign debt financing by Brazilian issuers is surging again, reaching a three-year high in 2024, as local companies seek to refinance existing obligations
October 23, 2024
Banks, brokerages, investment managers and exchanges are adding staff to handle high trading volumes on and around Election Day with markets
October 23, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The dollar continues to ride higher on the back of an anxious pre-election climb in U.S.
October 23, 2024
Global banking regulators have asked lenders detailed questions about how they manage climate risks, three people familiar with the matter said, in the latest sign
October 23, 2024
Wall Street expects United Parcel Service to report a rise in adjusted quarterly profit on Thursday, even as concern mounts over stubbornly soft demand
October 23, 2024
The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%, its first bigger-than-usual move in more than four
October 23, 2024
Wall Street closed lower on Wednesday, as climbing Treasury yields pressured megacap stocks and investors grew less confident
October 23, 2024
German Economy Minister Robert Habeck laid out plans to remedy weak growth in Europe's largest economy on Wednesday
October 23, 2024
McDonald's scrambled on Wednesday to contain the damage from an E. coli outbreak linked to Quarter Pounder burgers that has killed one person and
October 23, 2024
The CEO of pharmaceuticals giant Roche said authorities should block the takeover of contract drug manufacturer Catalent by Novo Nordisk's controlling shareholder
October 23, 2024
Vietnam is planning to inject 20.695 trillion ($815 million) of capital into state-owned commercial lender Vietcombank, the country's biggest bank, to boost its capacity to support
October 23, 2024
South Africa's inflation dropped sharply in September, hitting its lowest level in more than three years and bolstering expectations for another interest rate cut by the
October 23, 2024
South Korea's finance minister said the won's current level near 1,400 per dollar should be regarded as a "new normal", the Yonhap news agency reported on Wednesday, although the
October 23, 2024
L'Oreal's shares on Wednesday extended a deep sell-off after the cosmetics giant reported quarterly sales below expectations, citing reduced beauty products
October 23, 2024
Argentina's new market-friendly government and fears about oil supply from the Middle East and elsewhere are driving a drilling
October 23, 2024
Japanese electric motor maker Nidec posted a 10% rise in quarterly operating profit on Wednesday, helped by cost cuts, and stuck to its full-year outlook on prospects of growing sales
October 23, 2024
The chief of Europe's largest utility Iberdrola gave a bullish outlook for the coming years on Wednesday, pledging to build on a strategy to focus investment on
October 23, 2024
Lloyds Banking Group shrugged off fears of a bank tax hike in the UK budget next week, with CFO William Chalmers saying Britain's biggest mortgage
October 23, 2024
Reckitt reported a smaller than expected fall in third-quarter underlying sales on Wednesday, helped by more shoppers buying its health products, which include Nurofen
October 23, 2024
Poland's NATO-leading surge in defence spending is raising budget concerns because it will bake in higher long-term expenditure on its military
October 23, 2024
Dutch brewer Heineken's third-quarter sales figures beat forecasts on Wednesday, buoyed by higher priced and non-alcoholic beers, but full-year guidance was left unchanged.
October 23, 2024
A growing chorus of Russian industrial companies and lobby groups are complaining of prohibitively high interest
October 23, 2024
British ad group WPP returned to growth with a better-than-expected 0.5% rise in organic revenue in the third quarter, during which it won business from Amazon,
October 23, 2024
Roche's third-quarter sales gained a currency-adjusted 9%, beating market expectations, on higher prescriptions of once-monthly haemophilia shot Hemlibra and
October 23, 2024
Sweden-based Volvo Cars beat third-quarter operating profit expectations on Wednesday but cut its full-year sales growth forecast as an industry slowdown spreads
October 23, 2024
Singapore's key consumer price gauge rose 2.8% in September from a year earlier, higher than economists' forecasts, official data showed on Wednesday.
October 23, 2024
Deutsche Bank has raised its forecast for bad loans against the backdrop of a weak German economy, as the bank returned to
October 23, 2024
A look at the day ahead in European and global markets from Ankur Banerjee The rising odds of a Trump presidency in a still-too-tight-to-call U.S. election and shifting expectations of the Federal
October 23, 2024
U.S. stocks fell as more steam came out of Wall Street’s huge, record-breaking rally
October 23, 2024
India will retain curbs on investment from nations with which it shares a land border, the finance minister said days after the South Asian country struck a pact with China on
October 23, 2024
European Central Bank policymakers have begun to debate whether interest rates need to be lowered enough to start stimulating the economy, ending years of economic
October 23, 2024
A Chinese policy think tank has called for Beijing to issue 2 trillion yuan ($280 billion) of special treasury bonds to set up a stock market stabilisation fund, the 21st Century
October 23, 2024
Chinese fast-fashion giant Shein is launching its first branded credit card worldwide through a partnership with Mexican fintech Stori, the firms said on Tuesday
October 23, 2024
Global stocks edged lower on Wednesday amid tepid trading ahead of the U.S. election, while gold prices retreated from record highs,
October 23, 2024
The dollar climbed above 153 against the yen for the first time in nearly three months on Wednesday on U.S. economic strength and an expected divergence among
October 23, 2024
Shares of Qantas Airways hit an all-time high on Wednesday after Jefferies analysts hiked their price target on Australia's flag carrier, on the back of
October 23, 2024
Chip firm Arm is cancelling an architectural license agreement that allows Qualcomm to use its intellectual property to design chips, a person familiar with the matter said, amid an ongoing
October 23, 2024
Oil prices fell on Wednesday after data showed U.S. crude inventories rose by more than expected even as refining activity rebounded, though futures remained up about
October 22, 2024
Frontier Airlines is exploring a renewed bid for Spirit Airlines, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
October 22, 2024
Tokyo Metro's shares shot up 45% in their market debut on Wednesday after Japan's largest initial public offering in six years bagged it $2.3 billion with the lure of
October 22, 2024
Republican presidential candidate Donald Trump said on Tuesday he would make interest on car loans fully tax deductible for cars
October 22, 2024
Food retailer Carrefour Brasil has agreed to sell 15 properties to a real estate fund for 725 million reais ($127.4 million), it said on Tuesday.
October 22, 2024
Goldman Sachs expects oil prices to average $76 a barrel in 2025 based on a moderate crude surplus and spare capacity among major producers, with concerns easing over a potential
October 22, 2024
Growth in pay awards by British employers stagnated during the three months to September and firms expect average wage rises to cool over the coming 12 months, according to a survey
October 22, 2024
A pair of U.S. banking trade groups filed a lawsuit on Tuesday challenging new rules issued by the Consumer Financial Protection Bureau that would make it easier for consumers
October 22, 2024
A look at the day ahead in Asian markets.
October 22, 2024
Activist investor Keith Meister is not embarrassed about lagging behind other corporate agitators, saying his rivals' work has led him to buy companies such
October 22, 2024
Baker Hughes beat Wall Street estimates for third-quarter profit on Tuesday, helped by sustained demand for its drilling equipment and oilfield technology in international markets.
October 22, 2024
Denny’s says it’s closing 150 of its lowest-performing restaurants in an effort to turn around the brand’s flagging sales
October 22, 2024
The World Bank is prepared to provide Argentina with more than $2 billion in new loans destined for social security, education, transport, energy and battling poverty, the
October 22, 2024
Meta Platforms and Chief Executive Mark Zuckerberg won the dismissal of a lawsuit claiming they misled shareholders in Meta's proxy statement about their ability to
October 22, 2024
Texas Instruments beat third-quarter profit estimates on Tuesday, helped by a recovery in orders for its analog chips across segments and improving demand from China's
October 22, 2024
A Tokyo Stock Exchange employee is under investigation by the country's financial watchdog for suspected insider trading, its parent company Japan Exchange Group (JPX)
October 22, 2024
Sometimes, it really does help to have all that money
October 22, 2024
Peru's government will monitor money transfers sent abroad from Venezuelans living in Peru, President Dina Boluarte announced on Tuesday, describing the measure as a response to
October 22, 2024
Denny’s is closing 150 restaurants
October 22, 2024
The U.S. government will award grants totaling $196 million for the repair and replacement of aging natural gas pipelines across 20 states, the Department of Transportation's Pipeline and
October 22, 2024
Online retailer Shein's revenue growth slowed to 23% in the first half of this year, from 40% last year, The Information reported on Tuesday, citing two people familiar with the matter, as
October 22, 2024
Mining and transport conglomerate Grupo Mexico on Tuesday reported a 17.55% increase in its net profit during the third quarter, boosted by copper
October 22, 2024
CVS Health last week named as CEO a tried-and-tested company veteran, the latest in a handful of firms this year that have turned to an
October 22, 2024
Goldman Sachs is facing a fine in the tens of millions of dollars from the U.S.
October 22, 2024
Shares of former U.S.
October 22, 2024
Stacker compiled a list of cities with the most expensive homes in the Merced metro area using data from Zillow.
October 22, 2024
Stacker compiled a list of cities with the most expensive homes in the Modesto metro area using data from Zillow.
October 22, 2024
Stacker compiled a list of cities with the most expensive homes in the Oxnard metro area using data from Zillow.
October 22, 2024
Stacker compiled a list of cities with the most expensive homes in the El Centro metro area using data from Zillow.
October 22, 2024
Stacker compiled a list of cities with the most expensive homes in the Stockton metro area using data from Zillow.
October 22, 2024
Stacker compiled a list of cities with the most expensive homes in the Santa Rosa metro area using data from Zillow.
October 22, 2024
Citigroup has promoted three senior healthcare investment bankers - Sumit Khedekar, Nishant Jadav and Michael Guarino - in the bank's push to win
October 22, 2024
Legion Partners has built a stake in Five9 and is pushing for a board seat and cost cuts, two sources familiar with the matter said on Tuesday, making it
October 22, 2024
Bankrupt Tupperware Brands agreed on Tuesday to sell its business to a group of lenders for $23.5 million in cash and over $63 million in debt relief, canceling
October 22, 2024
France's main farmers' union said on Tuesday it would stage nationwide protests next month as a push to conclude a trade deal between the European Union and Mercosur countries
October 22, 2024
French cosmetics giant L'Oreal reported a rise in third quarter sales on Tuesday that missed expectations after low consumer confidence in China sapped demand for
October 22, 2024
U.S. and European interest rates have followed parallel paths this year, even as the regions' economic and inflationary outlooks have veered in different
October 22, 2024
JPMorgan Chase CEO Jamie Dimon would consider a government role, perhaps that of the Treasury Secretary, if Democratic Vice President Kamala Harris wins the U.S. presidential election, the
October 22, 2024
U.S. Treasury Secretary Janet Yellen on Tuesday said she has not yet seen policies announced by China that would address its low level of consumer spending as a share of its economy.
October 22, 2024
HSBC's history-making new chief financial officer Pam Kaur is a battle-hardened risk and audit veteran who credits her success to the "Power of Chi".
October 22, 2024
Impactive Capital doesn't push companies to sell but wants them to do better on their own, co-founder Lauren Taylor Wolfe said on Tuesday, citing student
October 22, 2024
New York City Comptroller Brad Lander on Tuesday outlined plans to end certain pension funds' future private market investments in fossil fuel infrastructure over climate
October 22, 2024
An agreement by Vale, BHP and their joint venture Samarco to pay 170 billion reais ($29.85 billion) in
October 22, 2024
Italy's economic growth this year and next will be weaker than the government's targets of 1% and 1.2% respectively, the International Monetary Fund (IMF) and the country's main
October 22, 2024
J.M. Smucker said on Tuesday it would sell its cookie brand, Voortman, to U.S.-based premium snacks maker Second Name Brands in a $305 million all-cash deal.
October 22, 2024
Stellantis is expanding its truck plant in Mexico as a "relief valve" for a U.S. truck factory expected to reach capacity in the future, Chrysler and Ram brand CEO
October 22, 2024
U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation on future returns
October 22, 2024
Logitech International expects consumer confidence to remain robust as the computer keyboard and mouse-maker heads into its pre-Christmas quarter, Chief Executive Hanneke Faber said
October 22, 2024
Money.ca explains the benefits of real estate crowdfunding for Canadians looking to invest in high-value properties.
October 22, 2024
Bangladesh’s central bank said on Tuesday it would raise its key interest rate by half a percentage point, its fourth hike this year as it battles stubbornly high
October 22, 2024
Euro zone inflation is easing and may fall back to 2% quicker than previously thought, supporting the case for further European Central Bank rate cuts, ECB President Christine
October 22, 2024
Near-term global financial risks are contained, but monetary policy easing could fuel asset price bubbles and markets might be underestimating risks posed by
October 22, 2024
Amazon.com is imposing severe price caps on what merchants can charge for their products on a new low-cost storefront that the e-commerce giant is preparing to launch, the Information
October 22, 2024
Asset management giant BlackRock on Tuesday launched two new exchange-traded funds (ETFs) aimed at giving investors exposure to the booming market for artificial intelligence.
October 22, 2024
Activist hedge fund Starboard Value's chief executive officer said on Tuesday that drugmaker Pfizer's board needs to hold management
October 22, 2024
Global battle against inflation ‘largely won’
October 22, 2024
Falling interest rates should ease the pressures created by high government borrowing levels, Dutch European Central Bank governing council member Klaas Knot said Tuesday.
October 22, 2024
U.S. railroad operator Norfolk Southern reported third-quarter profit and revenue above Wall Street estimates on Tuesday, helped by strength in its merchandise and intermodal segments.
October 22, 2024
Inflation in the euro zone has slowed to converge with the European Central Bank's 2% target and the risk now is undershooting the goal, ECB policymaker Mario Centeno told an event
October 22, 2024
The European Central Bank needs to improve how it communicates policy intentions and uncertainty, but copying the U.S.
October 22, 2024
The International Monetary Fund further lowered its GDP growth forecast for Saudi Arabia for 2024 to 1.5% and estimated growth to accelerate to 4.6% next year in its latest World
October 22, 2024
The International Monetary Fund (IMF) on Tuesday cut this year's economic growth forecast for Japan, but projected a rebound in 2025 on the view rising real wages
October 22, 2024
GDP in Latin America and the Caribbean is set to grow 2.1% this year, three-tenths of a percentage point more than projected in July, the International Monetary Fund said on
October 22, 2024
The German economy is expected to stagnate this year, the International Monetary Fund said on Tuesday, cutting its forecast for Europe's biggest economy, while
October 22, 2024
The global transition toward electric vehicles will have "far-reaching" impacts on investment, production, international trade and employment, the International Monetary Fund said on
October 22, 2024
The International Monetary Fund on Tuesday raised its forecast for British economic growth this year but said the country could not take its eye off rising
October 22, 2024
The U.S. economy will continue to provide most of the thrust for global growth through the balance of this year and in 2025, led by robust consumer spending that
October 22, 2024
The global war against inflation has largely been won — and at surprisingly little cost to economic growth, the International Monetary Fund has declared
October 22, 2024
Hedge fund Starboard Value called consumer products company Kenvue a bargain and said its skin health and beauty segment's lackluster growth is the reason for the
October 22, 2024
Philip Morris International's (PMI)
Industrial paintmaker Sherwin-Williams missed third-quarter profit estimates on Tuesday, hurt by lower sales in its segments that cater to the housing, automotive and
October 22, 2024
Argentina's beleaguered economy is set to rebound in 2025 after two years of recession as the government tries to spark a private sector-driven recovery with
October 22, 2024
Private equity firm Carlyle has dropped out of a bidding process for the warship division of stricken conglomerate Thyssenkrupp, the German company said on
October 22, 2024
Ratings agency Moody's raised its full-year adjusted profit forecast above Wall Street estimates and posted a nearly 31% rise in third-quarter earnings on Tuesday, on strong demand for its
October 22, 2024
Freeport-McMoRan said on Tuesday that demand for copper is expected to increase with more data centers being built, and the miner reported a better-than-expected quarterly
October 22, 2024
GM’s profit nears a record a year after saying it couldn’t afford its workers’ pay demands
October 22, 2024
U.S. homebuilder PulteGroup beat Wall
October 22, 2024
All five members of the Bank of Israel's monetary policy committee voted on Oct. 9 to leave the benchmark interest rate unchanged at 4.5%, minutes of the discussion showed on
October 22, 2024
China's economy grew 4.6% in July-September, official data showed, its slowest pace since early 2023 and below the 4.7% pace in the second quarter, as a tumbling property sector remained a
October 22, 2024
Treasury Secretary Janet Yellen says the U.S. economy has grown stronger because the Biden administration rejected isolationism, offering a barely veiled criticism of former President Donald Trump’s policies two weeks before the U.S. election
October 22, 2024
RTX on Tuesday raised its 2024 adjusted profit and sales forecasts for the second time, citing strong demand for aircraft repairs and defense systems, and
October 22, 2024
Kleenex tissue maker Kimberly-Clark on Tuesday cut its annual organic net sales forecast after missing Wall Street estimates for third-quarter sales, as consumers
October 22, 2024
3M Co raised its full-year profit forecast on Tuesday after strong demand for roofing material, industrial adhesives and electronics equipment helped the U.S. manufacturing
October 22, 2024
Shares of General Motors surged nearly 10% Tuesday after the automaker posted a $3 billion third-quarter profit that was slightly less than a year ago
October 22, 2024
General Motors surpassed Wall Street's expectations in the third quarter, sending its shares up 8% on Tuesday thanks to a resilient consumer demand
October 22, 2024
GE Aerospace said on Tuesday it was still wrestling with supply-chain constraints that have led to a decline in jet engine deliveries and are weighing
October 22, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan U.S.
October 22, 2024
U.S. stocks ended little changed on Tuesday, but the Nasdaq eked out a modest gain while investors kept an eye on Treasuries
October 22, 2024
China's largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting consumers are
October 22, 2024
European stocks slipped on Tuesday, as investors navigated geopolitical and global interest-rate cut uncertainties, while German company
October 22, 2024
The top U.S. consumer finance watchdog on Tuesday unveiled long-awaited rules that would make it easier for consumers to switch between financial services providers, a
October 22, 2024
BANGKOK - Thailand's economic growth may not reach 3% this year but should come in above that level next year as the government will accelerate investment, the finance minister said on Tuesday.
October 22, 2024
Stock markets in the Gulf ended lower on Tuesday as geopolitical tension gripped the region and corporate earnings failed to lift investor sentiment.
October 22, 2024
Goldman Sachs said on Tuesday the euro could fall as much as 10% - implying a drop below $1 from current levels - in a scenario in which Donald Trump imposes
October 22, 2024
The CEO of leading computer chip equipment maker ASML said on Tuesday he expects that 2026 will be a growth year for the company and that the U.S. government will continue to push
October 22, 2024
The South African rand was stronger on Tuesday, buoyed by global precious metals prices and its appeal for carry trades.
October 22, 2024
There are not yet enough indications that the euro zone's inflation could drift further down or up to change the European Central Bank's central scenario for further rate cuts, ECB
October 22, 2024
Shares in Traton rose on Tuesday after Volkswagen's truck unit reported third-quarter results above expectations driven by robust sales in its US brand International and Swedish
October 22, 2024
Fortifying India's macroeconomic fundamentals is the best shield against elevated global uncertainties, a deputy governor of the country's central bank said in New York on Monday.
October 22, 2024
British luxury brand Mulberry on Tuesday rejected a second takeover proposal from Mike Ashley's Frasers Group, calling it "untenable".
October 22, 2024
Holiday Inn owner InterContinental Hotels Group reported a sharp slowdown in room revenue growth in the third quarter as weak demand in China and a subdued U.S. market overshadowed a solid
October 22, 2024
British public borrowing in the first six months of the tax year came in higher than official forecasts, according to data that underscored the challenge facing
October 22, 2024
Shares in SAP were up 5% at market open on Tuesday, hitting an all-time high of 221 euros ($239.21) after the German software company raised its full-year targets
October 22, 2024
Westpac Banking Corp, Australia's third-largest lender by market value, said on Tuesday its 2024 net profit would take a A$123 million ($82.26 million) hit due to impacts from certain
October 22, 2024
Swedish defence material maker Saab on Tuesday reported a slightly bigger-than-expected rise in third-quarter operating earnings and affirmed its outlook for
October 22, 2024
Randstad, the world's largest employment agency, on Tuesday reported quarterly profit slightly above expectations as trading conditions stabilized despite a
October 22, 2024
Investors are leaving exchange-traded funds tied to specific themes, such as artificial intelligence and video gaming, as they flock to funds linked to broad stock-market
October 22, 2024
Britain's commercial property market is returning to life after its post-pandemic freeze, albeit largely at much lower prices.
October 22, 2024
U.S. stock indexes barely budged after a quiet day of mixed trading
October 22, 2024
A look at the day ahead in European and global markets from Tom Westbrook Markets are facing a bumpy ride in the final stretch to the U.S. elections, with bonds turning volatile and gold signalling at
October 22, 2024
Hyundai Motor India shares fell 7.2% on their market debut on Tuesday after retail investors gave a lukewarm reception to the country's
October 22, 2024
Gold hit an all-time peak on Tuesday as a mixture of factors including safe-haven demand spurred by U.S. election uncertainties and the Middle
October 22, 2024
HSBC merged some operations and split its geographic footprint into East and West in a sweeping restructuring under new CEO
October 22, 2024
The risk of Japan ending up with a minority coalition government after the upcoming general election is raising concerns that the central bank could face
October 22, 2024
German Chancellor Olaf Scholz will host Qatar's Emir, Sheikh Tamim bin Hamad Al Thani, at a baroque palace just north of Berlin on Tuesday for talks aimed at
October 22, 2024
Global stocks dropped for the second straight session while U.S. yields rose on Tuesday amid market uncertainty ahead of the U.S. election as well as the outlook
October 22, 2024
The U.S. dollar rose to a fresh 2-1/2-month high on Tuesday, continuing its recent ascent on expectations the Federal Reserve will temper its interest rate
October 22, 2024
Oil prices settled higher for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle East ceasefire and focused on signs of improving
October 22, 2024
Logitech International raised its full-year outlook after a strong performance and a growth in demand in the second quarter, the computer keyboard and mouse maker said on Tuesday.
October 22, 2024
Hedge fund Elliott Investment Management on Monday pressed a court not to hold up its bid for Citgo Petroleum, saying the Venezuela-owned oil refiner's assets "
October 21, 2024
Fuji Soft's top shareholder on Tuesday confirmed its support for KKR's bid for the Japanese software developer at the centre of a $4 billion
October 21, 2024
San Francisco Federal Reserve Bank President Mary Daly on Monday said she has not seen anything to suggest the U.S. central bank would stop cutting interest rates, which are "absolutely"
October 21, 2024
Britain will lend Ukraine 2.26 billion pounds ($2.94 billion) as part of a much larger planned loan from the Group of Seven nations backed by frozen Russian
October 21, 2024
Norfolk Southern railroad’s streamlined operations delivered strong earnings last quarter, even excluding boosts from insurance payouts related to the disastrous derailment in East Palestine and the sale of two rail lines
October 21, 2024
Israel's requirements for the indemnification needed to allow Israeli banks to continue conducting transactions with Palestinian banks have been met by the Palestinian
October 21, 2024
Nucor reported a nearly 78% slump in third-quarter profit on Monday as the company recorded impairment charges related to its steel products and raw materials businesses, sending its
October 21, 2024
A look at the day ahead in Asian markets.
October 21, 2024
Houston-based activist investor JCP Investment Management is urging Cheesecake Factory to explore the possibility of creating a separate public company by spinning off three of its smaller
October 21, 2024
Higher prices are here to stay, which adds to economic pain also stemming from slow growth and high debt, the International Monetary Fund's managing director,
October 21, 2024
Citi Research raised its three-month forecast for gold prices, citing possible further U.S. labor market deterioration, interest rate cuts by the Federal Reserve, and physical and ETF
October 21, 2024
Section 8 Housing analyzed academic research and data from Zillow to see where home prices were going up the most.
October 21, 2024
Kansas City Federal Reserve Bank President Jeffrey Schmid said on Monday he supports a "cautious and deliberate" approach to interest rate cuts now that inflation is heading back to the
October 21, 2024
Netspend analyzed Federal Reserve Bank of New York data on home mortgages to show how Americans are increasingly falling behind on payments.
October 21, 2024
Shareholders of Grupo Argos and Grupo SURA, two of Colombia's largest conglomerates, on Monday gave their boards the green light to begin studying alternative
October 21, 2024
An “affordability shift” is taking root in the U.S. auto industry
October 21, 2024
Spokeo examined data from the Federal Election Commission to find the most common first names of presidential campaign donors and whom they support.
October 21, 2024
Ukrainian President Volodymyr Zelenskiy said on Monday the United States was preparing an aid package worth $800 million to finance production of Ukrainian drones.
October 21, 2024
One of the four accounts on Polymarket that have fueled speculation over their large bets on a Trump election victory has taken even bigger wagers, increasing
October 21, 2024
Four Federal Reserve policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how fast or far they believe any cuts should go.
October 21, 2024
Rupert Murdoch’s news outlets sue Perplexity AI for allegedly engaging in ‘massive freeriding’
October 21, 2024
The Israeli military has carried out a wave of airstrikes targeting branches of a financial institution affiliated with Lebanon’s Hezbollah, saying the quasi-banking system is being used to fund the militant group’s military wing
October 21, 2024
Experian inventories which expenses cost more than they did before prices began spiking during the pandemic.
October 21, 2024
Profitability at asset managers has slipped for the past two years and is likely to decline further through 2028 as investors increasingly opt for products with lower fees, such as
October 21, 2024
The growth of private markets could mitigate the economic impact of wide U.S. deficits and high government debt levels, said Larry Fink, CEO and chairman at BlackRock.
October 21, 2024
Mexico is considering tax credits to attract foreign firms to invest and produce domestically, targeted at electric vehicle (EV),
October 21, 2024
U.S. rules that will ban certain U.S. investments in artificial intelligence in China are under final review, according to a government posting, suggesting the
October 21, 2024
The federal government plans to provide up to $325 million to Hemlock Semiconductor to produce a key material for computer chips, an announcement Monday with possible political significance as the new factory would be in the swing state of Michigan
October 21, 2024
Dolce & Gabbana is not ready for an initial public offering but is prepared to consider it in the future, the Italian luxury group's chief executive said on Monday.
October 21, 2024
Gold is extending a period of successive record highs, moving the psychological milestone of $3,000 per ounce into view, analysts said, as
October 21, 2024
Shares of Spirit Airlines surged as much as 46% on Monday after the ultra low-cost carrier reached a deal with its credit card processor to extend a debt refinancing deadline by two months
October 21, 2024
South Africa's mid-term budget review later this month is expected to show healthier public finances, but economists say it might be too early to loosen the
October 21, 2024
Bank of England interest rate-setter Megan Greene said she still believed the central bank should take a cautious approach to cutting borrowing costs.
October 21, 2024
Brazil's central bank chief Roberto Campos Neto on Monday highlighted a "huge" de-anchoring of inflation expectations in the country, adding that it is "very important" to bring
October 21, 2024
JPMorgan Chase has rehired scientist Sarah Kapnick to advise its corporate and investment banking clients, according to an internal memo seen by Reuters on Monday, as the Wall Street giant
October 21, 2024
Kamala Harris’ campaign and affiliated Democratic committees raised more than $359 million in September alone and about $633 million for the quarter ending Sept. 30
October 21, 2024
The Russian central bank is expected to hike the key interest rate by 100 basis points (bps) to 20%, the same level as at the start of what Russia calls a "
October 21, 2024
Spain's Santander launched its digital bank in the United States on Monday, which will help it to fund over $30 billion of auto lending
October 21, 2024
The Walt Disney Co. is tapping Morgan Stanley executive James Gorman to serve as its next chairman, beginning early next year
October 21, 2024
The European Union, rushing to develop a 9 million euro joint purchasing mechanism for critical minerals and energy, is choosing between eight bidders vying to
October 21, 2024
Swedish battery maker Northvolt is making significant progress towards raising a new financing package, it told Reuters on Monday.
October 21, 2024
Catalent CEO Alessandro Maselli said on Monday he will remain at the helm of the U.S.-based contract drugmaker after it is acquired by Novo Holdings, the controlling shareholder of weight-
October 21, 2024
Euro zone inflation is increasingly likely to return to target next year but a bit more evidence is needed before the European Central Bank can declare victory, Slovak central
October 21, 2024
Boeing shares rose 3% on Monday on hopes of an end to a crippling strike, although some analysts questioned whether a proposed
October 21, 2024
U.S. farmers are harvesting two of the largest corn and soybean crops in history at the fastest pace in years, straining their physical
October 21, 2024
General Motors and Ford Motor will likely have a tough time convincing investors when they report results that Detroit's pricing power for gasoline cars is
October 21, 2024
Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo Petroleum from Venezuela would
October 21, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan A relatively quiet start to the week for world markets leaves Wall Street pondering the sustainability of the recent record highs as
October 21, 2024
Tesla's investors and analysts will get a chance to grill CEO Elon Musk on his robotaxi plans on Wednesday when the electric automaker reports its quarterly
October 21, 2024
As CVS Health's new CEO David Joyner steps into the top job after Karen Lynch's quick departure on Friday, Wall Street analysts and some investors are questioning
October 21, 2024
The Dow Jones Industrial Average and S&P 500 closed lower on Monday, retreating from Friday's record high closes and six straight
October 21, 2024
China's central bank conducted its first operations on Monday under a swap facility designed to bolster the stock market, exchanging assets worth 50 billion yuan ($7 billion) with
October 21, 2024
China's state-owned CITIC Ltd has agreed to sell its 19.23% stake in the company that operates fast-food chain McDonald's across China and Hong Kong for $430.3 million, fully exiting the
October 21, 2024
Amsterdam-based Nebius Group closed 5.6% higher on Monday, recovering from huge early losses when trading for the first time since February 2022, as the AI
October 21, 2024
Dubai's Emirates has ordered five Boeing 777F freighters and will make a decision this year on a purchase of further Boeing or Airbus models for its fleet beyond 2028/29, the airline said
October 21, 2024
Taiwan export orders fell short of expectations for September, losing some steam ahead of the year's end as it remained buoyed by the artificial
October 21, 2024
Stock markets in the Gulf were mixed on Monday amid rising geopolitical tensions in the region, while investors await more companies to report quarterly results.
October 21, 2024
U.S. investment firm KKR has extended by 10 working days the first stage of its tender to take Japanese IT services firm Fuji Soft private, it said in a filing on
October 21, 2024
Basque steel maker Sidenor is in talks with Talgo about buying some or all of the Spanish train maker's shares, Talgo said on Monday.
October 21, 2024
Shares in Dutch coffee maker JDE Peet's surged more than 16% after German conglomerate JAB said on Monday it will increase its majority stake to 68% by acquiring all of
October 21, 2024
European shares ended Monday's choppy session in the red ahead of a series of marquee corporate earnings, although stabilising oil
October 21, 2024
The European Central Bank is likely to cut its key interest rate down to its "natural" level between 2% and 3% but it may need to reduce it even further if a fall in inflation
October 21, 2024
New York-based insurer MetLife Inc is in advanced talks to buy PineBridge Investments' assets outside of China in a deal that could be valued at $1 billion to $1.5 billion, Bloomberg News
October 21, 2024
Norway's largest bank DNB has agreed to buy Swedish investment bank and asset manager Carnegie from private equity firm Altor and minority owners for around 12 billion Swedish
October 21, 2024
French drugmaker Sanofi said on Monday it had entered exclusive talks to sell a 50% controlling stake in its consumer health business Opella to U.S. private equity
October 21, 2024
UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank's 50% stake in credit card provider Swisscard.
October 21, 2024
U.S. stocks edged back from their all-time highs as some of the steam came out of Wall Street’s long, record-breaking rally
October 21, 2024
Global finance chiefs will gather in Washington this week amid intense uncertainty over wars in the Middle East and Europe, a flagging Chinese economy and
October 21, 2024
A look at the day ahead in European and global markets from Vidya Ranganathan Europe's heavyweight software maker SAP reports third-quarter earnings today.
October 21, 2024
Malaysia's economy likely grew 5.3% in the third quarter from a year earlier, slower than the previous three-month period, official advance estimates showed on Monday.
October 21, 2024
The punishing post-COVID wave of sovereign defaults has finally crested, with the likes of Ghana, Sri Lanka and Zambia concluding years of
October 21, 2024
Vietnam's gross domestic product is expected to grow by 6.8%-7.0% this year, Prime Minister Pham Minh Chinh told parliament on Monday, before adding that the government was aiming to
October 21, 2024
Australia's central bank has been surprised by the strength of employment growth, a top official said on Monday, adding policymakers remained ready to respond to changes in economic
October 21, 2024
Global equity markets lost ground on Monday as traders remained cautious amid rising geopolitical tensions and uncertainty over the U.S. presidential election,
October 21, 2024
A court on Monday ordered Australia's Qantas Airways to pay a combined A$170,000 ($114,000) to three baggage handlers it unlawfully sacked in 2020, implying a big
October 21, 2024
Oil prices settled nearly 2% higher on Monday, recouping some of last week's more than 7% decline, with no letup of fighting in the Middle East and expected
October 21, 2024
China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last
October 21, 2024
Hedge fund Starboard Value has taken a stake in Kenvue, the consumer products company that makes Band-Aid, Listerine, and Tylenol, and which went public last year,
October 21, 2024
The dollar climbed on Monday, buoyed by a rise in U.S. bond yields, as a run of solid U.S. economic data suggested the Federal Reserve can afford to be patient
October 20, 2024
Asking prices for British homes rose only marginally in October as more properties came onto the market, according a survey on Monday that also suggested some buyers were waiting
October 20, 2024
The EU's five biggest members spend 42 billion euros ($45.60 billion) annually subsidizing fossil-fuel company cars, according to a study commissioned by environmental group
October 20, 2024
A look at the day ahead in Asian markets.
October 20, 2024
Jeff Bezos-backed Perplexity AI has begun fundraising talks in which it is looking to more than double its valuation to $8 billion or more, the Wall Street Journal reported on Sunday.
October 20, 2024
Sanofi on Sunday reached an agreement on terms to sell a controlling stake in its consumer health unit Opella to U.S. private equity firm Clayton Dubilier & Rice (CD&R), French
October 20, 2024
President Abdel Fattah al-Sisi warned on Sunday Egypt may be forced to re-evaluate its $8 billion programme with the IMF if international institutions do not take into account the
October 20, 2024
Germany's finance ministry on Sunday denied that the country was considering introducing a law to protect domestic banks from cross-border takeovers as Italy's UniCredit seeks a
October 20, 2024
The Beijing Stock Exchange will help small and medium-sized tech companies with training and access to finance so they can list on the bourse, it said on Sunday, as
October 20, 2024
Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or underperforming units, the Wall Street Journal reported on Sunday.
October 20, 2024
GQG Partners, one of Spanish bank BBVA's biggest shareholders, has sold its stake over the bank's decision to pursue a hostile bid for domestic rival Banco Sabadell, the Financial Times
October 20, 2024
Pennsylvania's Democratic governor, Josh Shapiro, on Sunday called on law enforcement to investigate billionaire Elon Musk for his promise at a
October 20, 2024
Elliott Investment Management and Southwest Airlines have begun discussing a potential settlement that would avoid a proxy fight for control of the airline's board, Bloomberg News reported
October 19, 2024
Brazil's securities regulator CVM accused eight former executives of retailer Americanas of insider trading involving the company's securities ahead of the disclosure of a high-
October 19, 2024
Some 200,000 letter carriers have reached a tentative contract deal with the U.S. Postal Service that includes backdated pay raises and a promise to provide workers with air-conditioned trucks
October 19, 2024
India's trade minister on Saturday said the country has sought a critical mineral partnership agreement with the United States as he hopes for talks on a
October 19, 2024
British Foreign Secretary David Lammy said on Saturday that businesses wanted "stability and clarity" in trade with China, as London seeks to reset relations with
October 19, 2024
Indian IT services firm Tech Mahindra on Saturday reported revenue grew more than expected in the three months through September, aided by growth in European
October 19, 2024
Four accounts on crypto-based prediction market Polymarket that placed large bets on former President Donald Trump winning the 2024 election, and have been the
October 18, 2024
Walmart says it has reached a proposed settlement pact related to three lawsuits filed by shareholders on behalf of the company over the handling of prescription opioids
October 18, 2024
Spirit Airlines said on Friday it has reached an agreement with its credit card processor to extend a debt refinancing deadline by two months until Dec. 23.
October 18, 2024
(This Oct. 18 story has been corrected to say that the NYSE received approval to trade options on 3, not 11 ETFs, in the headline and paragraph 1, to remove references to IBIT and Invesco
October 18, 2024
Brazilian planemaker Embraer delivered 57 non-defense aircraft in the third quarter, up 33% from a year earlier, it said on Friday.
October 18, 2024
By Anna Tong and Krystal Hu Mira Murati, former chief technology officer at OpenAI, is raising funds from venture capitalists for her new AI startup, according to sources familiar with the matter.
October 18, 2024
U.S. health insurer Cigna Group has revived efforts to merge with smaller rival Humana after abandoning the pursuit late last year, Bloomberg News reported on Friday, citing people
October 18, 2024
By Blake Brittain -Data storage provider Western Digital must pay $315.7 million in damages for violating a patent owner's rights in data security technology, a jury in California federal court said
October 18, 2024
The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era, as interest on the federal debt exceeded $1 trillion for
October 18, 2024
Miners Vale, BHP and Samarco are discussing a near $30 billion compensation deal with Brazilian authorities related to the 2015 Mariana dam collapse, they said on Friday,
October 18, 2024
CVS names new CEO in the wake of layoffs and poor stock performance
October 18, 2024
The International Monetary Fund's board on Friday completed a review of a fund arrangement for Ukraine that would enable disbursement of $1.1 billion to the country that Russia
October 18, 2024
Struggling New York Community Bancorp said it's cutting 700 jobs at its Flagstar subsidiary as it tries to return to profitability after being rescued by investors earlier this year
October 18, 2024
Atlanta Federal Reserve Bank President Raphael Bostic on Friday made the case for patient reductions in the central bank's policy rate to somewhere between 3% and 3.5% by the
October 18, 2024
U.S. single-family homebuilding surged to a five-month high in September, but permits for future construction rose only marginally amid excess supply of new
October 18, 2024
U.S. investors made large investments in equity funds in the week to Oct. 16, buoyed by strong third-quarter earnings from U.S. lenders and optimism over a potential Federal Reserve rate
October 18, 2024
FOMO and TINA are two English-language acronyms that have become common parlance in financial markets.
October 18, 2024
American Express’ third-quarter profit topped analysts’ expectations as the credit card company’s cardholders continue to spend, with many holding a balance
October 18, 2024
United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon in a $1 billion deal. U.S. Cellular's shares jumped 3.9% in trading before the bell.
October 18, 2024
Spirit AeroSystems told employees on Friday that it will furlough 700 workers for 21 days as an over one-month-long strike at U.S. planemaker Boeing eats
October 18, 2024
American Express reported third-quarter profit above Wall Street estimates on Friday, benefiting from disciplined expense management that helped cushion a
October 18, 2024
Rachel Reeves will stress a commitment to stability in her first trip as Britain's finance minister to the International Monetary Fund's annual meetings in
October 18, 2024
U.S. semiconductor companies will get a closer look from investors in coming weeks, after diverging reports from two industry leaders abroad set off a volatile
October 18, 2024
Some European Central Bank governors at Thursday's rate-setting meeting made the case for dropping a pledge to keep policy tight as
October 18, 2024
The board of Japan's Fuji Soft will continue to support the first stage of a 558.4 billion yen ($3.72 billion) buyout offer from KKR, it said on Friday, despite having received a
October 18, 2024
Philip Morris, British American Tobacco, and Japan Tobacco will pay C$32.5 billion ($23.6 billion) to settle a long-running tobacco lawsuit in Canada, as part of a court-appointed
October 18, 2024
The Bank of Japan must focus on the economic impact of unstable markets and risks from overseas, Governor Kazuo Ueda said on Friday, suggesting the
October 18, 2024
Higher capital gains taxes (CGT) could give Britain's risk-averse savers further cause to shun UK stocks, fund managers and advisers say,
October 18, 2024
Speculation is swirling about what new British finance minister Rachel Reeves might announce in her first tax and spending plan this month, but one thing she
October 18, 2024
U.S. stocks rose to records to close out their latest winning week
October 18, 2024
Corners of financial markets that could feel the impact of a Donald Trump victory are stirring again, as the U.S. presidential race tightens
October 18, 2024
By Kevin Buckland A look at the day ahead in European and global markets from Kevin Buckland China is very much the center of attention today, following a barrage of data and remarks from its central
October 18, 2024
China's central bank kicked off two funding schemes on Friday that will initially pump as much as 800 billion yuan ($112.38 billion) into the stock market through newly-
October 18, 2024
China has approved separate insurance units to be set up by BNP Paribas and Prudential Financial, a regulator said on Friday, as it looks to further open up the world's second-
October 18, 2024
China's central bank governor said on Friday the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end depending on
October 18, 2024
The Taipei-listed shares of TSMC hit a record high on Friday after the world's largest contract chipmaker posted forecast-beating third-quarter earnings and gave a rosy outlook for
October 18, 2024
China's economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and industrial output figures for last month beat forecasts a tumbling property sector
October 18, 2024
China's industrial output in September grew 5.4% from a year earlier, up from a 4.5% pace in August, providing some encouragement to policymakers as they step up efforts to revive
October 18, 2024
Property investment in China fell 10.1% in the first nine months of 2024 from a year earlier, after dropping 10.2% in January-August, National Bureau of Statistics (NBS) data
October 18, 2024
China's economy expanded 4.6% in the third quarter from a year earlier, official data showed on Friday, slightly beating analysts' expectations, maintaining pressure on
October 18, 2024
Tech stocks powered Wall Street stocks to a higher close and crude prices posted their biggest weekly drop in a month on Friday as investors looked past mixed
October 18, 2024
It’s a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores and restaurants at a robust pace
October 18, 2024
Taiwanese chipmaker TSMC said on Friday that it was a law abiding company and committed to complying with laws and regulations, including export controls, following a media report
October 17, 2024
Japan's top currency diplomat, Atsushi Mimura, said on Friday that recent currency moves are "somewhat one-sided and rapid," in a fresh warning
October 17, 2024
Harvard's endowment fund, the world's largest university endowment, grew to $53.2 billion in fiscal 2024 amid strong investment returns even though endowment
October 17, 2024
International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that she expected U.S. presidential candidates Donald Trump and Kamala Harris
October 17, 2024
Japan's core inflation slowed in September due to the rollout of energy subsidies but an index excluding the effect of fuel held steady, a sign that broadening price
October 17, 2024
Republican U.S. presidential candidate Donald Trump said he received a call from Apple CEO Tim Cook over concerns about the financial penalties that have been imposed by
October 17, 2024
U.S. regional banks' profits outdid Wall Street expectations in the third quarter as their investment banking fees surged from a revival in dealmaking and
October 17, 2024
A look at the day ahead in Asian markets.
October 17, 2024
Foreign holdings of U.S. Treasuries surged to a record high in August, data from the Treasury Department showed on Thursday, rising for four straight months. Holdings of U.S.
October 17, 2024
Chile's central bank on Thursday said it was cutting its benchmark interest rate to 5.25% from a previous level of 5.50%, in a unanimous decision in line with analysts' forecasts.
October 17, 2024
Brazilian food retailer Assai said on Thursday it now forecasts it will open some 10 new stores next year, half the prior estimate of about 20, according to a securities filing.
October 17, 2024
International Monetary Fund Managing Director Kristalina Georgieva told Reuters on Thursday that China is too large to continue relying on exports to drive its
October 17, 2024
Global finance leaders are facing a major uncertainty as they meet in Washington next week: Who will win the U.S. presidential election and shape the policies of the world’s biggest economy
October 17, 2024
An Alabama man has been arrested for his alleged role in the January hack of a U.S. Securities and Exchange Commission social media account that led the price of bitcoin to spike, the Justice Department said
October 17, 2024
Internet gambling in New Jersey set a new record in September with the casinos and their partners winning over $208 million from online gamblers
October 17, 2024
General Motors is eyeing further North American investments in lithium and other critical minerals used to build electric vehicles after boosting its investment in a
October 17, 2024
World Bank President Ajay
October 17, 2024
Meta fires employees for spending food allowances on personal items like acne pads and wine glasses
October 17, 2024
China-based autonomous driving firm Pony AI, backed by automaker Toyota, filed for an initial public offering in the U.S. on Thursday, in another sign of growing investor interest in new
October 17, 2024
U.S. consumer groups and two large labor unions urged the U.S.
October 17, 2024
U.S. automaker General Motors said on Thursday that it fully supported the Mexican government's push to strengthen supply chains in the region, though it declined to "respond
October 17, 2024
Billionaire investor Daniel Loeb adjusted his portfolio to capture a potential boom in corporate activity after the Nov.
October 17, 2024
Revenues at Brunello Cucinelli rose 12.7% at constant exchange rates in the first nine months of the year, driven by double digit growth in the Americas and in Asia, the Italian
October 17, 2024
Billionaire hedge fund manager Daniel Loeb told investors on Thursday that his firm Third Point built a new stake in DSV A/S during the third quarter and he
October 17, 2024
Billing software firm Zuora said on Thursday it has agreed to be acquired by buyout firm Silver Lake and Singaporean wealth fund GIC in a deal valued at $1.7 billion, sending its shares up
October 17, 2024
BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort
October 17, 2024
The U.S. government fund that backstops nearly $10 trillion in insured bank deposits is recovering ahead of schedule from declines and losses in recent years, while the banking system
October 17, 2024
Franco-Italian eyewear maker EssilorLuxottica missed third quarter revenue expectations on Thursday, dented by a slowdown in consumer spending in China.
October 17, 2024
The average rate on a 30-year mortgage in the U.S. moved higher for the third week in a row and reached the highest level since late August
October 17, 2024
PPG Industries plans to lay off about 1,800 employees amid efforts to cut costs, with the paints and coatings maker also inking a deal to sell a sizeable chunk of its architectural business
October 17, 2024
U.S. business inventories increased in August, lifted by stocks at retailers, government data showed on Thursday.
October 17, 2024
Experian examined nearly 400 U.S. metros to discover where increases for credit cards and monthly payments were greatest over the past 12 months through 2024 Q2.
October 17, 2024
Cheniere Energy moved one step closer to producing first liquefied natural gas from a Corpus Christi, Texas, expansion project on Thursday after it received permission from federal
October 17, 2024
U.S. industrial production fell in September, weighed down by a strike at Boeing and two hurricanes, including Helene.
October 17, 2024
France's belt-tightening budget delivers a bigger tax hit than the government originally let on, according to new breakdowns that suggest a bigger dent in President
October 17, 2024
New forecasts by the International Monetary Fund point to a difficult future for the global economy marked by lackluster medium-term growth,
October 17, 2024
Wealth Enhancement breaks down each of the presidential candidates' visions for tax policy, a critical topic for voters ahead of the upcoming election.
October 17, 2024
Seven of the 10 big developed-market central banks tracked by Reuters have now started easing policy, with expectations of how quickly each will move
October 17, 2024
South Africa's central bank governor, Lesetja Kganyago, said on Thursday that the country could move to a lower inflation target at little cost.
October 17, 2024
The Bank of Canada will cut its overnight rate by 50 basis points on Oct. 23 as price pressures ease, according to two-thirds of economists
October 17, 2024
Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly 637 million shares would likely fetch it $1.67 billion.
October 17, 2024
The European Central Bank cut interest rates for the third time this year on Thursday, pointing out that inflation in the euro zone is now increasingly under control and the
October 17, 2024
Having just lost a battle with Elon Musk over how India's satellite spectrum is awarded, Asia's richest man Mukesh Ambani could
October 17, 2024
The number of Americans filing for unemployment benefits last week came back down to more recent ranges after a big jump the week before due to hurricanes in the Southeast
October 17, 2024
Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values helped sustain their willingness to spend despite higher prices
October 17, 2024
U.S. retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars, supporting the view
October 17, 2024
Huntington Bancshares' third-quarter profit beat expectations on Thursday, as higher underwriting and wealth management fees offset a hit from bigger
October 17, 2024
Travelers Companies' third-quarter profit beat Wall Street expectations as higher underwriting gains and investment income more than offset steep catastrophe losses, sending shares of the
October 17, 2024
Elevance Health surprised Wall Street with a rare, late-year guidance cut Thursday after a jump in Medicaid costs marred its third quarter
October 17, 2024
The European Central Bank cut interest rates for the third time this year on Thursday in a nod to sluggish economic growth, some softening in an otherwise rock-solid labour market and
October 17, 2024
Nigeria is beginning to reap the benefits of significant policy reforms following a near fiscal crisis in 2020, but must stay the course, the World Bank said on Thursday.
October 17, 2024
Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether TSMC's strong sales forecast boosted investor optimism about demand for processors
October 17, 2024
Blackstone beat Wall Street's expectations on its key quarterly earnings metric on Thursday, as the world's largest alternative investment firm's assets under
October 17, 2024
Hurricane Milton tore through Florida last week, causing as much as $55 billion in property damage throughout the Sunshine State, according to the latest analyst estimates.
October 17, 2024
Brazil's government is preparing to cooperate more closely with the central bank on regulatory issues like cryptocurrencies and meal vouchers
October 17, 2024
For 32 years, Jim Tynan had a homeowners' policy with Allstate on his 1,200-square foot condo in Ponte Vedra, Florida.
October 17, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Tech-heavy stock markets are set to breathe a sigh of relief on Thursday as the world's largest chipmaker beat the street and eased
October 17, 2024
The Dow Jones Industrial Average advanced on Thursday to its fourth record close in the last five sessions, as stronger-than-expected monthly retail sales indicated a robust
October 17, 2024
Sweden plans to ease tight budget spending rules as it looks to boost spending in areas like infrastructure and defence, Finance Minister Elisabeth Svantesson said on Thursday.
October 17, 2024
Structural impediments are challenges to sustaining macroeconomic stability in Pakistan, the State Bank of Pakistan's annual report on the state of the country's economy has
October 17, 2024
A student loan cancellation program for public service workers has granted relief to more than 1 million Americans — up from just 7,000 who were approved before it was updated by the Biden administration two years ago
October 17, 2024
Hungarian gross domestic product growth will be "very close to zero" in the third quarter, significantly below market expectations, Economy Minister Marton Nagy said on Thursday.
October 17, 2024
Kenya's senate voted to dismiss Deputy President Rigathi Gachagua from office by impeachment on five out of 11 charges levelled against him
October 17, 2024
The UK's main stock indexes were steady on Thursday as investors braced for the European Central Bank's interest rate decision, while Rentokil kept losses from ex-
October 17, 2024
European stocks closed less than 1% away from record high levels on Thursday after the European Central Bank delivered a widely expected
October 17, 2024
Analysts turned bearish on most Asian currencies, with short bets on the Indian rupee at a one-year high, as expectations the Federal Reserve would cut rates less
October 17, 2024
Cement maker Holcim's Lafarge will face trial in a French court on charges that its Syrian subsidiary financed terrorism and breached European sanctions in order to keep a plant
October 17, 2024
Millions of Indian retail traders are exploring alternative ways to earn profits ahead of stricter regulations on trading equity derivatives next
October 17, 2024
Hyundai Motor India is set to price its shares at 1,960 rupees to raise $3.3 billion in its initial public offering, according to two sources with direct
October 17, 2024
China pumps half a trillion dollars into beleaguered property sector. But that’s not enough
October 17, 2024
China's abrupt and ferocious stock market rally has slammed some of the country's biggest hedge funds, forcing them to hastily cover short positions and take losses on their bets
October 17, 2024
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning
October 17, 2024
Taiwanese chipmaker TSMC posted a 54% rise in third-quarter net profit on Thursday that beat market expectations as it continues to reap the rewards of surging demand for
October 17, 2024
French spirits maker Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year, despite reporting a bigger-than
October 17, 2024
U.S. stocks drifted around their record heights following the latest signals that the U.S. economy continues to hum
October 17, 2024
Finnish telecom equipment supplier Nokia on Thursday reported a 9% rise in third-quarter operating profit on cost cuts, and echoed rival Ericsson in seeing
October 17, 2024
European power purchase agreements (PPA) for green electricity decreased in price by 12.4% in the third quarter compared with the same time in 2023, price tracking platform
October 17, 2024
Thailand's government still wants to see a higher inflation target that will push up prices, the finance minister said on Thursday after the central bank's surprise interest rate
October 17, 2024
Nestle is revamping senior leadership and its operating structure, the food giant said on Thursday, as it cut its full-year sales outlook following weaker than
October 17, 2024
A look at the day ahead in European and global markets from Tom Westbrook The European Central Bank is expected to make its first back-to-back rate cut in 13 years on Thursday.
October 17, 2024
German remote-driving startup Vay said on Thursday it has received 34 million euros ($37 million) in funding from the European Investment Bank to roll out its remote-
October 17, 2024
U.S.-based consulting firm McKinsey is revamping its China business after reducing its government-linked clients and cutting about 500 jobs, which is around a third of its China workforce,
October 17, 2024
The Tokyo Stock Exchange's role from now on is to facilitate constructive dialogue between companies and investors rather than mandate how businesses are run, its head
October 17, 2024
The S&P 500 and the Nasdaq pared their gains to end essentially unchanged on Thursday, while the Dow notched a record closing high as investors parsed an array of
October 17, 2024
Oil prices inched up on Thursday, bouncing back from two-week lows, after data showed falling crude and fuel inventories in the United States.
October 17, 2024
The U.S. dollar surged to a fresh 11-week high on Thursday after data showed U.S. retail sales rose in September, reinforcing
October 16, 2024
Japan's exports fell for the first time in 10 months in September, data showed on Thursday, a worry for policymakers as any prolonged weakness in global demand may
October 16, 2024
Britain's smaller listed companies can reverse a "doom loop", driven by plummeting valuations and higher costs and regulation, with help from broader tax exemptions and incentives,
October 16, 2024
The number of women who hold executive reins in corporate Britain has fallen for the first time in eight years in an "unacceptable" reversal that could delay gender parity for
October 16, 2024
Goldman Sachs said on Wednesday it expects the U.S.
October 16, 2024
Paints and coatings maker PPG Industries missed Wall Street estimates for third-quarter profit on Wednesday, hurt by lower sales at its industrial coatings unit.
October 16, 2024
Huge fundraising powers Democrats’ hopes to flip the House
October 16, 2024
Robinhood launched its long-awaited desktop platform and added futures and index options trading features to its mobile app on Wednesday, as the fintech
October 16, 2024
TSMC, the world's largest contract chipmaker, bet on sustaining its strong growth, after reporting on Thursday a forecast-beating 54% jump
October 16, 2024
Credit ratings firm Equifax said on Wednesday it expects full-year revenue below Wall Street estimates, as higher-for-longer interest rates continued to weigh on loan demand and kept the
October 16, 2024
A look at the day ahead in Asian markets.
October 16, 2024
Global miner BHP beat first-quarter iron ore output estimates on Thursday, spurred by easing of bottlenecks at its Western Australia operations amid efforts by China to
October 16, 2024
Electric vehicle maker Lucid Group said it anticipates to report a bigger-than-expected loss for the third quarter and announced a public offering of over 262 million shares, sending its
October 16, 2024
Discover Financial's third-quarter profit jumped 43% as the U.S. credit card issuer's net interest income climbed and its provisions for potential sour loans fell, the company said on
October 16, 2024
Monstrous hurricanes Helene and Milton caused so much complex havoc that damages are still being added up, but experts in economics, insurance and risk say they are likely to be in the pantheon of super-costly $50 billion disasters
October 16, 2024
CSX delivered 3% more shipments in the third quarter to help drive its profit 8% higher
October 16, 2024
U.S. railroad operator CSX reported third-quarter profit below Wall Street estimates on Wednesday, as lower coal volumes offset benefits from stronger pricing, sending its shares down 3.4%
October 16, 2024
Kinder Morgan fell short of Wall Street estimates for third-quarter profit on Wednesday and lowered its annual forecast as the U.S. pipeline operator contends with weaker
October 16, 2024
The International Monetary Fund on Wednesday said a staff team had visited Senegal to start assessing the implications of data revisions resulting from a government audit of past and
October 16, 2024
BlackBerry forecast profit for its next fiscal year above market estimates and said it was exploring options for its Cylance business, sending shares of the Canadian company more than 4%
October 16, 2024
Consulting firm McKinsey & Co is close to an agreement with U.S. prosecutors to pay more than $500 million to resolve longstanding federal investigations
October 16, 2024
Romania's coalition government will raise the monthly gross minimum wage by 9.5% to 4,050 lei ($884.61) from January, Prime Minister Marcel Ciolacu said on Wednesday after
October 16, 2024
Germany may have to make further savings in its 2025 budget to comply with EU rules, despite room for borrowing allowed under Germany's own balanced budget law
October 16, 2024
UniCredit is still awaiting a court decision over whether it must immediately reduce its Russia business to comply with a European Central Bank order, months
October 16, 2024
Elon Musk, the tech mogul who is the world’s richest man, plunged more than $70 million of his personal fortune into helping Donald Trump and other Republicans win in November’s election, making him one of the biggest donors to GOP causes this campaign season, according to campaign finances disclosures released this week
October 16, 2024
The Federal Deposit Insurance Corporation said on Wednesday its board of directors has approved the appointment of Hansel Cordeiro as director of a new Office of Professional
October 16, 2024
Airbus is holding off taking a charge for 2,500 newly announced job cuts in its Defence and Space unit as it assesses their financial impact, the company told analysts on Wednesday.
October 16, 2024
Argentina likely had a trade surplus for the tenth straight month in September under libertarian President Javier Milei, helping to accumulate a net $16
October 16, 2024
RTX Corporation, the defense contractor formerly known as Raytheon, has agreed to pay more than $950 million to resolve allegations that it defrauded the government and paid bribes to secure business with Qatar
October 16, 2024
Poland will seek financial partners to help fund the construction of its second nuclear power plant, Prime Minister Donald Tusk said on Wednesday, as it awaits an EU nod for
October 16, 2024
Boeing is closing in on a plan to raise around $15 billion with common shares and a mandatory convertible bond as the jetmaker bolsters
October 16, 2024
Edmunds explains that car maintenance packages can be worth the extra cost, but only if you can get a deal that's better than what you'd pay out-of-pocket for those parts and services.
October 16, 2024
The Detroit Lions have decided to make defensive tackle Alim McNeill their latest investment, retaining a key player with a long-term deal
October 16, 2024
The Biden administration has approved more than $1.8 billion for recovery efforts following hurricanes Helene and Milton, the White House said on Wednesday.
October 16, 2024
LionTree, the boutique investment bank led by prolific dealmaker Aryeh Bourkoff, has hired investment banker Ankur Luther from Morgan Stanley as it looks to capture more
October 16, 2024
Mexican telecommunications giant America Movil will prioritize its plan to expand 5G wireless cellular technology next year across the markets where in
October 16, 2024
Citigroup has hired equity capital markets banker Cully Davis from Wells Fargo as the head of its growth equity unit in North America, according to a memo
October 16, 2024
Russia is seeking to convince BRICS countries to build an alternative platform for international payments that would be immune to Western sanctions when it hosts
October 16, 2024
Britain's new government is unlikely to upset investors in its first budget this month and the outlook for its debt is more positive than
October 16, 2024
SmartAsset ranked 40 of the largest U.S. metro areas by the number of FHA loans issued in 2023 relative to the local population.
October 16, 2024
The U.S. on Wednesday opened applications for up to $900 million in funding to support the initial domestic deployment of small modular reactor nuclear
October 16, 2024
BlackRock, the world's biggest asset manager, is in talks with Mukesh Ambani-led Reliance Group firm Jio Financial Services to set up a private credit venture, Bloomberg News
October 16, 2024
U.S. oil mergers slowed sharply last quarter after a year-long consolidation wave emptied pocketbooks and left fewer companies on offer in the top U.S. shale field, analytics firm
October 16, 2024
Computer chip equipment maker ASML has informed the Dutch markets regulator of its accidental early disclosure of third-quarter earnings in what it described as a
October 16, 2024
By Krystal Hu -Lightmatter, a Mountain View, California-headquartered startup building photonic tech in datacenter networking chips, said on Wednesday it has raised $400 million in a Series D funding
October 16, 2024
Brazilian conglomerate Cosan is not looking to sell its stake in miner Vale in the short term, Chairman Rubens Ometto was quoted as saying in an interview published on Wednesday.
October 16, 2024
U.S. import prices fell by the most in nine months in September amid a sharp decrease in the cost of energy products, pointing to a benign inflation outlook
October 16, 2024
Canadian housing starts rose 5% in September compared with the previous month as groundbreaking increased on multi-unit and single-family-detached urban homes, data from the
October 16, 2024
Canadian miner Lithium Americas said on Wednesday General Motors will contribute $625 million to their new joint venture for developing the Thacker Pass project in Nevada.
October 16, 2024
Asian bond markets attracted overseas investments for the fifth consecutive month in September, though the pace of inflows slowed due to
October 16, 2024
Abbott Laboratories slightly lifted its annual profit forecast on Wednesday, after beating Wall Street estimates for quarterly earnings on strong demand
October 16, 2024
Morgan Stanley's profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, sending its
October 16, 2024
What Boeing’s massive financial crisis means for you
October 16, 2024
U.S. copper miner Freeport McMoRan will postpone its sales of refined copper from Indonesia until the second quarter of 2025 as a fire at its new smelter causes a
October 16, 2024
Nestle could use the fresh start provided by new CEO Laurent Freixe in the coming months to lower financial guidance for the second time this year following months of
October 16, 2024
The Dow Jones Industrial Average rose on Wednesday and closed at a record high, and Wall Street's two other benchmark indexes also ended higher, weathering declines in
October 16, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan World markets struggled to find a footing on Wednesday after Europe's ASML sideswiped the global chip sector late yesterday with a
October 16, 2024
Funding of artificial intelligence and cloud companies in the U.S., Europe and Israel is rising after three years of decline and is estimated to hit $79.2
October 16, 2024
Procter & Gamble is set to report muted quarterly revenue growth on Friday.
October 16, 2024
Investors and analysts are looking sceptically at computer chip equipment maker ASML, they said on Wednesday, after the company cut 2025
October 16, 2024
Goldman Sachs' Saudi Arabia CEO, Khalid Albdah, is leaving the firm, a source familiar with the situation told Reuters on Wednesday.
October 16, 2024
Italy plans to raise roughly 4 billion euros ($4.4 billion) in 2025 from changes in tax rules for banks, insurance products and business licences for gaming, Rome's draft budgetary
October 16, 2024
Elon Musk and other billionaires invest staggering sums into electing Trump, plus other takeaways from third-quarter filings
October 16, 2024
The European Central Bank has fuelled inflation in the monetary union with policy that is too hesitant, according to a study by the German Institute for Economic Research DIW, seen
October 16, 2024
Global fund managers increased their allocation to China at India's expense after Asia's largest economy unleashed a stimulus package, according to
October 16, 2024
Shares in LVMH were on course for their biggest one-day drop in a year on Wednesday after the luxury bellwether missed third-quarter sales forecasts, dragging down the broader sector
October 16, 2024
Indonesia's central bank held interest rates steady on Wednesday as expected, aiming to keep inflation in check and the rupiah stable as it
October 16, 2024
Europe's STOXX 600 settled lower on Wednesday, with tech and luxury stocks hurt by disappointing results from industry heavyweights
October 16, 2024
UniCredit executives had conversations with top German government officials, including from the chancellery and the finance
October 16, 2024
Thailand's central bank unexpectedly cut its key interest rate on Wednesday, saying the move brought rates a "neutral" level consistent
October 16, 2024
Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy meeting
October 16, 2024
Economists expect inflation rates to stay above the European Central Bank's 2% target in the medium term, according to a survey published by Germany's Ifo institute on Wednesday, a day
October 16, 2024
Stellantis expects a 20% drop in third-quarter consolidated vehicle shipments, the carmaker said on Wednesday amid a declining business performance which led it last month to cut profit and
October 16, 2024
British inflation slowed sharply last month and key price gauges watched by the Bank of England also fell, bolstering bets on a November interest rate
October 16, 2024
Shareholders have backed plans for budget carrier AirAsia to be bought by its long-haul associate, AirAsia X, paving the way for the Malaysian-based airlines to finalise their
October 16, 2024
U.S. fund Artisan Partners urged the board of Seven & i Holdings to allow Canada's Alimentation Couche-Tard (ACT) to conduct due diligence and negotiate a purchase
October 16, 2024
Analysts have downgraded estimates for European corporate earnings at the fastest pace in seven months this week, setting a lower bar for beats, while
October 16, 2024
Consumers are in for some relief: Lower energy prices are on the way
October 16, 2024
A look at the day ahead in European and global markets from Ankur Banerjee European chip and luxury stocks will be at the forefront of investors' minds on Wednesday, and for all the wrong reasons,
October 16, 2024
U.S. stocks rose following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies
October 16, 2024
JPMorgan Chase, the largest U.S. lender, plans to enter Kenya and Ivory Coast this year and grow its footprint in Africa, CEO Jamie Dimon told
October 16, 2024
Australian dollar debt sales, running at the fastest clip on record, are starting to hit the brakes as capital markets hunker down for the U.S. election, according
October 16, 2024
KKR & Co is set to launch the sale of Singapore-based Goodpack in a deal that could value the provider of shipping containers and
October 16, 2024
Japan's upcoming stimulus package will be bigger than last year's measures that were financed with a 13 trillion yen ($87 billion) extra budget, a government spokesperson said on
October 16, 2024
Elon Musk gave around $75 million to his pro-Donald Trump spending group in the span of three months, federal disclosures showed on Tuesday, underscoring
October 16, 2024
Disillusioned Chinese bankers and fund managers are giving up careers in a finance sector where government campaigns and regulation have coloured
October 16, 2024
The U.S. dollar firmed on Wednesday, hitting an 11-week high, as investors ruled out a hefty interest rate cut from the Federal Reserve at the next
October 16, 2024
The Bank of Japan must raise interest rates at a "very moderate" pace and avoid hiking prematurely, its policymaker Seiji Adachi
October 16, 2024
U.S. stocks ended higher in opposition to their global counterparts on Wednesday, and crude extended its decline on projected softening demand.
October 16, 2024
Chrysler parent Stellantis is expanding its factory complex in northern Mexico to build Ram 1500 pickup trucks, the Wall Street Journal reported on Tuesday.
October 16, 2024
Atlanta Federal Reserve President Raphael Bostic on Tuesday said he penciled in just one more interest rate reduction of 25 basis points this year when he updated his projections for last
October 15, 2024
Inflation in New Zealand returned to the Reserve Bank of New Zealand's target range of 1% to 3% in the third quarter, keeping the door open for the central bank
October 15, 2024
Small Business Administration disaster loan program is out of money after back-to-back hurricanes
October 15, 2024
Mexican telecommunications giant America Movil reported on Tuesday that it more than tripled its net profit in the third quarter from a year ago, due in part to a weaker peso
October 15, 2024
Australia's central bank is not concerned that inflation expectations could become de-anchored in the near-term, a top official said on Wednesday, although policymakers remained
October 15, 2024
Trump Media stock mysteriously plunges
October 15, 2024
A look at the day ahead in Asian markets.
October 15, 2024
New York Community Bancorp will rename itself as Flagstar Financial, the U.S. regional lender said on Tuesday, amid efforts to turn around its struggling business.
October 15, 2024
The Small Business Administration has run out of money for its disaster assistance loans, delaying much needed relief for people applying for aid in the wake of the destruction caused by Hurricanes Helene and Milton
October 15, 2024
United Airlines says its third-quarter profit fell 15% from a year ago
October 15, 2024
Donald Trump’s two Scottish golf courses, into which he has pumped hundreds of millions of dollars over the past two decades, continued to burn cash in 2023, accounts published on Tuesday
October 15, 2024
World Bank President Ajay Banga on Tuesday said former President Donald Trump understands the value of international financial institutions and
October 15, 2024
Mexican officials urged safety and stability in private investment in the country on Tuesday, following a bilateral summit with business leaders in which
October 15, 2024
Asset managers of public and private funds believe that certain Chinese stocks are trading at attractive prices, but they are not buying just yet because of
October 15, 2024
Top U.S. oil producer Exxon Mobil Corp plans to sell a portion of its assets in North Dakota's Bakken shale formation, the company told Reuters on Tuesday.
October 15, 2024
The World Bank voted on Tuesday to change its internal lending guidelines, freeing up $30 billion in additional lending capacity over the next
October 15, 2024
Microsoft Corp. has settled a lawsuit from a group of gamers who sued to try to stop the company from buying video game publisher Activision Blizzard for $69 billion last year
October 15, 2024
Shares of former U.S.
October 15, 2024
ConocoPhillips has filed a court motion to preserve the U.S. oil producer's almost top priority among Citgo Petroleum creditors to cash proceeds from an auction of shares in the
October 15, 2024
Now that the threat of Hurricanes Helene and Milton has receded, millions of homeowners and business-owners across Florida and the Southeastern U.S. are faced with traversing the often long and laborious process of using insurance to rebuild their lives
October 15, 2024
Americans haven’t been this worried about making their credit card payments since the pandemic
October 15, 2024
Semiconductor stocks in the United States and Asia fell after chip equipment maker ASML cut its annual sales forecast over weak non-AI chip demand while a report said the Biden
October 15, 2024
Italy's Salvatore Ferragamo said on Tuesday that operating profit this year would be at the lowest end of current analyst estimates after revenues fell 7.2% at constant exchange rates
October 15, 2024
Adidas on Tuesday raised its full-year sales and profit guidance, citing better than expected performance in the third quarter and good brand momentum as it benefits from popularity of its
October 15, 2024
U.S. holiday sales are expected to grow as much as 3.5%, the slowest pace in six years, the National Retail Federation forecast on Tuesday, as shoppers turn more frugal and get picky with
October 15, 2024
OANDA spotlights the currency pairs most likely to be affected by the volatility surrounding the U.S. presidential election.
October 15, 2024
French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in its first decline in quarterly sales
October 15, 2024
The largest retail trade group in the United States says it expects consumers to spend more during the upcoming holiday season but the growth in sales to be slower than last year due to concerns over persistent inflation and prices
October 15, 2024
Israel's inflation rate eased in September for the first time in seven months, data from the Central Bureau of Statistics showed on Tuesday, but it likely will
October 15, 2024
More and more people are using payment apps to send and receive money
October 15, 2024
Computer chip equipment maker ASML forecast on Tuesday lower than expected 2025 sales and bookings on sustained weakness in parts of the
October 15, 2024
Boeing is moving toward raising up to $25 billion to shore up its troubled financial position
October 15, 2024
Money.ca shares tips and steps to increasing your credit limit while also maintaining a good credit score in Canada.
October 15, 2024
The International Monetary Fund on Tuesday said it sees Mexico's economic growth slowing to around 1.5% this year, citing capacity constraints and tight monetary policy.
October 15, 2024
Pfizer appointed a former chief executive officer at Vanguard, the drug giant's biggest investor, to its board on Tuesday as it faces pressure from activist
October 15, 2024
British drugmaker GlaxoSmithKline sued Moderna in U.S. federal court in Delaware on Tuesday, accusing it of violating GSK patent rights in messenger RNA technology with
October 15, 2024
Blackstone, the world's largest alternative asset manager, plans to invest 7.5 billion euros ($8.2 billion) to develop data centres in Spain's Aragon, boosting the region's growing
October 15, 2024
Wall Street's biggest banks reported rising investment banking fees in the third quarter fueled by more deals and corporate debt issuance, and said their pipeline of new activity looked
October 15, 2024
Standard Chartered won its bid in a London court on Tuesday to replace the financial benchmark it used to set dividend rates for some shares, which the bank said provided "clarity"
October 15, 2024
PNC Financial reported a 4% drop in third-quarter net profit on Tuesday, as it earned less from customer interest payment and set aside a bigger buffer of capital to cover loans that may
October 15, 2024
Canadian home sales rose 1.9% in September from the previous month and were up 6.9% on an annual basis, data from the Canadian Real Estate Association showed on Tuesday.
October 15, 2024
Portugal's main power utility EDP initiated merger discussions with London-listed peer SSE earlier this year, but talks did
October 15, 2024
Ingram Micro said on Tuesday it was seeking a valuation of up to $5.42 billion as the technology products distributor aims to go public again in the U.S. after nearly
October 15, 2024
Canada's annual inflation rate slowed more than expected to 1.6% in September, data showed on Tuesday, prompting markets to increase bets of a
October 15, 2024
UBS Global Research on Tuesday raised its year-end target for the benchmark S&P 500 index to 5,850 points from an earlier projection of 5,600, boosted by corporate profit growth,
October 15, 2024
Boeing’s crisis is getting worse. Now it’s borrowing tens of billions of dollars
October 15, 2024
Citigroup posted a smaller-than-expected drop in profit for the third quarter as debt underwriting propped up investment banking results.
October 15, 2024
Crypto firm Ripple launched a stablecoin pegged to the U.S. dollar on Tuesday, looking to disrupt a market in which the top two incumbents account for nearly 90% of the value.
October 15, 2024
Electric aircraft maker Eve has secured an $88 million loan deal with Brazil's state development bank BNDES to fund the development of its first production facility, it said in a
October 15, 2024
Goldman Sachs' profit beat estimates in the third quarter, fueled by a rebound in bond sales, stock offerings and mergers that sent its shares up more than
October 15, 2024
Walgreens is planning to close around 1,200 locations, as the drugstore chain and its rivals struggle to define their role for U.S. shoppers who no longer look to them first for convenience
October 15, 2024
Brazil's Finance Minister Fernando Haddad said in an interview published on Tuesday that financial markets were right to be worried about the country's fiscal situation, but
October 15, 2024
Boeing set out to shore up its sagging finances on Tuesday, announcing plans to raise up to $25 billion through stock and debt offerings and a $10
October 15, 2024
The Russian General Prosecutor's office was seeking to collect more than 1 billion euro ($1.09 billion) in damages from international energy major Shell, the RIA news agency
October 15, 2024
Bank of America's third-quarter profit dropped as it paid more to customers to hold their deposits, but its earnings beat estimates, driven by
October 15, 2024
Boeing said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S. planemaker readies financing sources amid a crippling strike and upcoming
October 15, 2024
Johnson & Johnson raised its 2024 profit and sales forecasts on Tuesday after reporting strong sales of oncology drugs and quarterly results that beat
October 15, 2024
Wall Street's major stock indexes closed lower on Tuesday, with a 1% drop in the technology-heavy Nasdaq leading losses as chip stocks tumbled on
October 15, 2024
Drones strike Moscow as top UK official highlights Russian casualties in Ukraine
Multilateral banks are key to financing the fight against global warming. Here is how they work
Two injured in Russian air attack on Odesa, Ukraine officials say
IAEA chief to visit Iran on Wednesday
As Russian forces close in on Kurakhove, hundreds of residents remain in the front-line city
California farmers enjoy pistachio boom, with much of it headed to China
Jalen Milroe runs for career-high 185 yards and 4 TDs as No. 11 Alabama thrashes No. 14 LSU 42-13
Justin Allgaier wins 1st NASCAR Xfinity title, capping comeback by passing Hill and Custer late