Today: September 18, 2024
Today: September 18, 2024

Finance

Business|Finance|Technology

Microsoft approves new $60 billion share buyback program

Microsoft said on Monday its board has approved a new share buy back program of up to $60 billion.

Microsoft approves new $60 billion share buyback program
Americas|Business|Finance

First Quantum Minerals offers voluntary retirement to Cobre Panama workers, sources say

Canadian miner First Quantum Minerals has opened a voluntary retirement scheme to workers at the Cobre Panama mine, two sources familiar with the

First Quantum Minerals offers voluntary retirement to Cobre Panama workers, sources say
Business|Finance

Top commercial lenders join G7 central bank-dominated digital currency trial

Forty of the world's leading commercial banks have joined a G7-dominated pilot scheme with the New York Fed and leading central banks from Europe, Korea and Japan for a new digital

Top commercial lenders join G7 central bank-dominated digital currency trial
Business|Finance

BofA appoints Citi's Okpara as accounting chief

Bank of America has hired Citigroup's former Chief Accounting Officer Johnbull Okpara to the same role, according to a memo seen by Reuters.

BofA appoints Citi's Okpara as accounting chief
Asia|Business|Economy|Finance|News

Dovish Fed eyed, China's deflationary forces intensify

A look at the day ahead in Asian markets.

Dovish Fed eyed, China's deflationary forces intensify
Business|Finance|Technology

Colombia's Rappi could be ready for IPO in 12 months, cofounder says

Colombian startup Rappi, which is backed by Japan's SoftBank, could be ready to launch an initial public offering on the New York Stock Exchange within 12 months, cofounder Simon

Colombia's Rappi could be ready for IPO in 12 months, cofounder says
Business|Election|Finance|News

Betting on elections threatens confidence in voting and should be banned, US agency says

The federal government is warning that allowing people to bet on the outcome of U.S. elections poses too much of a risk to be allowed in the United States

Betting on elections threatens confidence in voting and should be banned, US agency says
Business|Finance

Strike could cost Boeing $100 million-plus in daily revenue, analysts say

Boeing could lose over $100 million in daily revenue until it reaches a settlement with its union that represents more than 30,000 workers, analysts said on Monday.

Strike could cost Boeing $100 million-plus in daily revenue, analysts say
Business|Finance

Bank of America names co-leaders for initiative linking investment bank, wealth units

Bank of America named co-leaders for the initiative on increased connectivity between its investment bank and wealth management units, according to an internal memo seen by Reuters on

Bank of America names co-leaders for initiative linking investment bank, wealth units
Business|Finance|Technology

Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say

Buyout firms Vista Equity Partners and Blackstone are in advanced talks to acquire Smartsheet, in a deal that could value the collaboration-

Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say
Business|Economy|Finance|News

Fed rate cuts will not be as deep as the market expects, says BlackRock

The Federal Reserve will likely not cut U.S. interest rates as deeply as the bond market expects due to a resilient economy and inflation remaining sticky, the BlackRock

Fed rate cuts will not be as deep as the market expects, says BlackRock
Business|Europe|Finance

Italy's antitrust scrutinises impact of Swisscom-Vodafone deal on landline service

Italy's competition watchdog said on Monday a planned tie-up between Swisscom's and Vodafone's Italian units could pose a threat to competition in the country's fixed-line

Italy's antitrust scrutinises impact of Swisscom-Vodafone deal on landline service
Economy|Finance|News

White House's Brainard says US inflation at turning point, focus should shift to jobs

Top White House economic adviser Lael Brainard declared that the U.S. economy had turned the corner in bringing down inflation and it was now time to focus

White House's Brainard says US inflation at turning point, focus should shift to jobs
Business|Finance

Guardian Pharmacy targets up to $974 million valuation in US IPO

Guardian Pharmacy Services said on Monday it was targeting a valuation as much as $973.5 million in its initial public offering in the United States.

Guardian Pharmacy targets up to $974 million valuation in US IPO
Business|Economy|Finance

Column-Record US household wealth may increase chance of soft landing: McGeever

As the Fed prepares to cut interest rates, U.S. households are sitting on their largest accumulation of net wealth in history.

Column-Record US household wealth may increase chance of soft landing: McGeever
Business|Entertainment|Finance|Technology

Murdoch succession drama plays out in closed court in Reno, Nevada

A battle over control of Rupert Murdoch’s global television and publishing empire begins Monday in a Reno, Nevada courtroom, where a judge will consider the

Murdoch succession drama plays out in closed court in Reno, Nevada
Economy|Finance

US interest rate futures see higher odds of super-sized Fed move

Futures on the fed funds rate, which measures the cost of unsecured overnight loans between banks, have priced in a nearly 60% chance of a 50 basis-

US interest rate futures see higher odds of super-sized Fed move
Finance|Stock Markets

Argentina markets cheer Milei's 'ambitious' zero deficit budget

Argentina's sovereign bonds and stock index climbed in early trading on Monday, as investors cheered an ambitious 2025 budget plan from libertarian President Javier Milei, that

Argentina markets cheer Milei's 'ambitious' zero deficit budget
Economy|Finance

Thai government nominates ex-finance minister for central bank board chair, sources say

The Thai government will nominate a ruling party loyalist and critic of the central bank governor for chair of the Bank of Thailand,

Thai government nominates ex-finance minister for central bank board chair, sources say
Business|Finance

UBS industry customers increasingly critical, survey finds

Nearly a quarter of Swiss industrial companies are unhappy with the service from UBS, notably in lending, since its 2023 Credit Suisse takeover, a survey found, in a

UBS industry customers increasingly critical, survey finds
Business|Finance|Technology

Citi taps tech chief Ryan to fix data management issues alongside Selva, memo shows

Citigroup has tasked technology head Tim Ryan to work alongside Chief Operating Officer Anand Selva in fixing the bank's longstanding data management issues, according to a memo seen by

Citi taps tech chief Ryan to fix data management issues alongside Selva, memo shows
Business|Finance|News

The next generation of Buffetts is poised to become one of the biggest forces in philanthropy

When the legendary businessman and leader of Berkshire Hathaway, Warren Buffett, eventually passes away, the next generation of Buffetts — Howard, Susie and Peter — are poised to become one of the most powerful forces in philanthropy

The next generation of Buffetts is poised to become one of the biggest forces in philanthropy
Business|Economy|Finance

Canadian home sales rise to 7-month high in August

Canadian home sales rose 1.3% in August from the previous month, with sales reaching their highest level since January but falling 2.1% on an annual basis, data from the Canadian

Canadian home sales rise to 7-month high in August
Business|Economy|Finance

The strike could cost Boeing more than $1 billion. But that could be the least of its problems

The strike could cost Boeing more than $1 billion. But that could be the least of its problems

The strike could cost Boeing more than $1 billion. But that could be the least of its problems
Business|Finance

Boeing to pay Embraer $150 million for withdrawal from tie-up talks

Boeing will pay Embraer a gross amount of $150 million over its decision to walk away from talks for a commercial aviation tie-up in 2020, the Brazilian planemaker said on Monday.

Boeing to pay Embraer $150 million for withdrawal from tie-up talks

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