Today: November 18, 2024
Today: November 18, 2024

Latest From Reuters

News|Technology|World

Russia not exporting Lancet drones as domestic demand high - TASS

Russia is not exporting its Lancet drones due to high domestic demand, TASS agency quoted a top Russian arms export official as saying on Wednesday, as the weapon emerges as one of the

Russia not exporting Lancet drones as domestic demand high - TASS
Business|Economy|Finance|US

BofA Global Research no longer expects Fed rate hike in Dec

BofA Global Research no longer expects the U.S. Federal Reserve to deliver another interest rate hike in December, following a softer-than-expected inflation reading for October.

BofA Global Research no longer expects Fed rate hike in Dec
Economy|Finance|MidEast|News|US|World

Israel-Gaza conflict challenge to US-backed economic corridor - India minister

The Israel-Gaza conflict is a "worrying manifestation" of geopolitical challenges for the U.S.-backed multinational economic corridor, India's finance minister Nirmala Sitharaman said on

Israel-Gaza conflict challenge to US-backed economic corridor - India minister
Finance|Stock Markets|US

Marketmind: Inflation on the ropes, shutdown averted

A look at the day ahead in U.S. and global markets from Mike Dolan Relief at the resumption of disinflation triggered the best day for U.S. stocks and bonds since the spring as Fed rate hike bets

Marketmind: Inflation on the ropes, shutdown averted
News|Technology|World

NATO to replace AWACS surveillance jets with modified Boeing 737

NATO will replace its ageing fleet of AWACS surveillance planes, in service since the Cold War in the 1980s, with a militarised version of the Boeing 737 commercial jet, the

NATO to replace AWACS surveillance jets with modified Boeing 737
Business|Europe

EU asks Amazon to clarify its measures to protect customers

The European Commission on Wednesday said it had given Amazon until Dec. 6 to provide more information on measures the online retailer takes to protect customers against illegal

EU asks Amazon to clarify its measures to protect customers
Business|Finance

TJ Maxx parent lifts annual sales forecast on steady off-price demand

TJX Cos raised its annual sales forecast on Wednesday, boosted by steady demand from budget-conscious customers looking for promotional deals and bargains ahead of the crucial holiday

TJ Maxx parent lifts annual sales forecast on steady off-price demand
Business|Finance|US

Goodyear CEO to retire in 2024 as tire maker plans to streamline business

Goodyear Tire & Rubber Co said on Wednesday longtime CEO Richard Kramer has decided to retire next year and also unveiled initiatives to streamline its business, months after settling with

Goodyear CEO to retire in 2024 as tire maker plans to streamline business
Business|Economy|Finance|News|US

US producer prices unexpectedly fall in October

U.S. producer prices fell by the most in three-and-a-half years in October amid a sharp drop in the cost of gasoline, the latest indication of subsiding inflation pressures.

US producer prices unexpectedly fall in October
Business|Entertainment

ValueAct Capital builds stake in Disney - 13D Monitor

Activist investor ValueAct Capital has taken a stake in Walt Disney, sources familiar with the matter said on Wednesday.

ValueAct Capital builds stake in Disney - 13D Monitor
Business|Economy|Finance|Stock Markets|US

U.S. business inventories rise in September

U.S. businesses maintained a fairly solid pace of inventory investment in September amid rising sales, government data showed on Wednesday.

U.S. business inventories rise in September
Business|Health|Technology|US

US senators seek Meta documents over platforms' alleged mental, physical harms

A bipartisan group of U.S. senators have asked Meta to "provide documents related to senior executives’ knowledge of the mental and physical health harms associated with its

US senators seek Meta documents over platforms' alleged mental, physical harms
Business|Environment|News|US

New York state sues PepsiCo over plastics pollution

New York state sued PepsiCo on Wednesday, accusing the beverage and snack food giant of polluting the environment through its single-use plastic bottles, caps and wrappers.

New York state sues PepsiCo over plastics pollution
Business|News|Technology

Apple's iPhone 14 users get another year of free satellite SOS access

Apple said on Wednesday iPhone 14 users would get free access to its emergency SOS feature for another year.

Apple's iPhone 14 users get another year of free satellite SOS access
News|US

US unveils up to $3.5 billion funding to boost domestic battery manufacturing

The U.S.

US unveils up to $3.5 billion funding to boost domestic battery manufacturing
Business|Technology|US

Senators demand documents from Meta on social media harm to children

A bipartisan group of U.S. Senators has written to Meta Platforms CEO Mark Zuckerberg demanding documents about its research into the harm to children from its social media platforms.

Senators demand documents from Meta on social media harm to children
Business|Economy|Finance|Stock Markets

Goldman sees S&P 500 rising to 4700 by year-end 2024

Goldman Sachs investment strategists said on Wednesday that they now expect the S&P 500 to end 2024 at 4700, implying a roughly 6% gain including dividends.

Goldman sees S&P 500 rising to 4700 by year-end 2024
Business|Europe|News|Technology

Tesla faces pressure in Sweden as workers at supplier to strike

Tesla is facing growing pressure in Sweden from unions backing mechanics demanding a collective bargaining agreement with the U.S. carmaker, with workers at one of its suppliers

Tesla faces pressure in Sweden as workers at supplier to strike
Business|Economy|Finance|US

Fed President Daly warns against calling time on rate-rising cycle too soon - FT

San Francisco Federal Reserve President Mary Daly warned against calling time on rate-rising cycle too soon, in an interview to Financial Times on Wednesday.

Fed President Daly warns against calling time on rate-rising cycle too soon - FT
Election|News|US

US Senator Manchin says has an eye on White House in 2024 -NBC News

Democratic Senator Joe Manchin, who last week announced he will retire from the Senate at the end of next year, added to his party's woes on Wednesday when he said he "

US Senator Manchin says has an eye on White House in 2024 -NBC News
Business|Finance|US

EY appoints company veteran Janet Truncale as global CEO

Ernst & Young has appointed insider Janet Truncale as global chief executive, replacing Carmine Di Sibio starting July 2024, the accounting firm said on Wednesday.

EY appoints company veteran Janet Truncale as global CEO
Business|Economy|Finance|US

Fitch says US regional bank challenges to persist in 2024

Rating agency Fitch said on Wednesday that U.S. regional banks will face continued challenges in 2024, with banks focused on commercial loan growth disproportionately disadvantaged.

Fitch says US regional bank challenges to persist in 2024
Business|Economy|Finance|Stock Markets|Technology|US

Cisco cuts full-year revenue forecast

Cisco Systems cut its annual revenue forecast on Wednesday, a sign that demand for its networking equipment was slowing in an uncertain economy.

Cisco cuts full-year revenue forecast
Business|Finance|Stock Markets|Technology|US

Italy's Leonardo to offer 6.3% stake in US subsidiary in share sale

Italy's state-controlled defence and aerospace group Leonardo on Wednesday said it would sell a 6.3% minority stake in its U.S. subsidiary Leonardo DRS on the market.

Italy's Leonardo to offer 6.3% stake in US subsidiary in share sale
Crime|News|US

Top MS-13 leader to stand trial in New York on terrorism charges

A top leader of the notorious Mara Salvatrucha (MS-13) gang will stand trial in New York on terrorism charges, the U.S. Justice Department said on Wednesday.

Top MS-13 leader to stand trial in New York on terrorism charges

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