Today: November 19, 2024
Today: November 19, 2024

Latest From Reuters

Business|Economy|Finance

Bank of Montreal's quarterly profit falls on higher rainy-day funds

Bank of Montreal reported a fall in its fourth-quarter profit on Friday, as higher provisions for potential credit defaults offset gains from a rise in its interest income.

Bank of Montreal's quarterly profit falls on higher rainy-day funds
Business|News|Technology|US

US opens probe into 73,000 Chevrolet Volt cars over loss of power

A U.S. auto safety regulator said on Friday it is opening an investigation into 73,000 Chevrolet Volt plug-in hybrid cars over reports of loss of power, failures to restart and

US opens probe into 73,000 Chevrolet Volt cars over loss of power
Europe|Technology

Meta must provide details on measures against child sexual abuse by Dec. 22, EU says

EU tech regulators on Friday ordered Meta Platforms to provide details on measures taken to tackle child sexual abuse material on Instagram by Dec. 22.

Meta must provide details on measures against child sexual abuse by Dec. 22, EU says
Business|Finance|News

National Bank of Canada's fourth-quarter profit jumps on capital markets strength

National Bank of Canada reported a rise in fourth-quarter profit on Friday, as a strong performance at its capital markets unit helped offset the hit from bigger provisions.

National Bank of Canada's fourth-quarter profit jumps on capital markets strength
Business|Technology

EV maker Fisker slashes 2023 production target

Electric-vehicle maker Fisker said on Friday it will scale down production this month, and produce lesser cars this year than its previous guidance, to prioritize cash for working capital

EV maker Fisker slashes 2023 production target
Business|Economy|Finance|Stock Markets|US

US equity funds see weekly outflows amid profit-taking, economic report caution

U.S. equity funds witnessed outflows in the week to Nov. 29, as investors booked profits after a strong rally and were cautious ahead of some key economic reports and earnings results.

US equity funds see weekly outflows amid profit-taking, economic report caution
Business|Finance|Stock Markets|Technology|US

Alibaba dips on MS downgrade as PDD grabs spot of most valuable Chinese e-commerce firm

U.S.-listed shares of Alibaba Group Holding dipped on Friday following a Morgan Stanley downgrade on concerns over slower turnaround in its key businesses, just hours after rival PDD raced

Alibaba dips on MS downgrade as PDD grabs spot of most valuable Chinese e-commerce firm
Business|Finance|US

BNY Mellon to raise minimum wage, add mental health benefits

BNY Mellon will increase its minimum wage next year to $22.50 an hour from $20 and expand mental health benefits for employees, the bank said in a statement on Friday.

BNY Mellon to raise minimum wage, add mental health benefits
Business|Finance|Stock Markets|Technology

Crypto stocks set to start December on a high note as bitcoin hits near 19-month high

Shares of crypto miners and bitcoin-tracking companies climbed in premarket trading on Friday as the world's largest cryptocurrency extended a recent rally to touch a near 19-month high on

Crypto stocks set to start December on a high note as bitcoin hits near 19-month high
Crime|Election|News|US

US appeals court says Trump must face lawsuits over US Capitol attack

A U.S. appeals court on Friday ruled that former President Donald Trump must face civil lawsuits over his role in the Jan. 6, 2021 attack on the Capitol by his supporters.

US appeals court says Trump must face lawsuits over US Capitol attack
Economy|Finance|News|US

Fed's Goolsbee says inflation is on track to central bank's 2% goal

Chicago Federal Reserve President Austan Goolsbee said on Friday he believes inflation is "on track" to reaching the U.S. central bank's 2% target, driven in coming months by what he

Fed's Goolsbee says inflation is on track to central bank's 2% goal
News

Blinken says discussed future of Gaza with Arab foreign ministers

U.S.

Blinken says discussed future of Gaza with Arab foreign ministers
News|Travel|US|World

Five senators ask Biden to impose China travel ban after respiratory illness cases

Five Republican senators led by Marco Rubio on Friday asked President Joe Biden's administration to ban travel between the United States and China after a spike in Chinese

Five senators ask Biden to impose China travel ban after respiratory illness cases
Business|Economy|Finance|US

Powell says Fed to move 'carefully' on interest rates with risks 'more balanced'

The risks of the Federal Reserve moving too far with interest rate hikes, and slowing the economy more than necessary, have become "more balanced" with those of not moving high

Powell says Fed to move 'carefully' on interest rates with risks 'more balanced'
Europe|News

OSCE limps through another year as Russia relents on veto

The Organization for Security and Cooperation in Europe (OSCE) should continue to function for another year as frequent holdout Russia joined others on Friday in approving Malta as

OSCE limps through another year as Russia relents on veto
News|US

Reaction to the death of former US Supreme Court Justice Sandra Day O'Connor

Here are reactions to the death of retired Justice Sandra Day O'Connor, the first woman on the U.S.

Reaction to the death of former US Supreme Court Justice Sandra Day O'Connor
Economy|Finance|News|Stock Markets

Norway sovereign wealth fund to co-lead class action in SVB bankruptcy

Norway's $1.5 trillion sovereign wealth fund, the world's largest, said on Friday it has been appointed by a U.S. court to co-lead an ongoing U.S. securities class action relating to

Norway sovereign wealth fund to co-lead class action in SVB bankruptcy
Business|Finance|US

Southwest and its pilot union near preliminary labor deal - CNBC

Southwest Airlines and its pilots union are nearing a new contract which will increase pay for over 11,000 pilots and conclude months of negotiations ahead of the upcoming holiday travel

Southwest and its pilot union near preliminary labor deal - CNBC
Economy|Finance

Fed hawks, doves, and centrists: How US central bankers' views are changing

The labels "dove" and "hawk" have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market

Fed hawks, doves, and centrists: How US central bankers' views are changing
Business|Economy|Finance|News|Stock Markets|US

S&P 500 rises to highest close of 2023 amid rate cut optimism

The benchmark S&P 500 index closed at its highest level of the year on Friday amid growing optimism the Federal Reserve was done raising U.S. interest rates and could begin to cut

S&P 500 rises to highest close of 2023 amid rate cut optimism
Business|Finance|Stock Markets|Technology

Uber to become S&P 500 constituent -S&P Indexes

Ride-hailing service Uber Technologies will join the S&P 500 effective at the open of trading on Dec. 18, along with S&P MidCap 400 constituents Jabil Inc and Builders FirstSource Inc, S&P

Uber to become S&P 500 constituent -S&P Indexes
Crime|News|Political|US

Judge rejects Trump immunity claim in federal 2020 election case

A U.S. judge on Friday said Donald Trump does not have immunity from criminal charges for actions he took as president, rejecting a bid by the Republican to toss out the case

Judge rejects Trump immunity claim in federal 2020 election case
News|Technology|US|World

North Korea says interference in satellite operations would be considered declaration of war -KCNA

North Korea said it would respond to any U.S. interference in space by eliminating viability of U.S. spy satellites, state media KCNA reported on Saturday, citing a statement from

North Korea says interference in satellite operations would be considered declaration of war -KCNA
Business|Environment|MidEast|World

COP28: Exxon Mobil CEO rebuffs IEA criticism of carbon capture strategy

Exxon Mobil CEO Darren Woods on Saturday rejected the International Energy Agency's recent claim that using wide-scale carbon capture to fight climate change was an implausible "

COP28: Exxon Mobil CEO rebuffs IEA criticism of carbon capture strategy
MidEast|News|World

First aid trucks enter Rafah crossing to Gaza since truce collapses

The first aid trucks since the collapse of the Gaza truce have entered through the Egyptian side of the Rafah crossing on Saturday, on their way to Awja crossing for inspection

First aid trucks enter Rafah crossing to Gaza since truce collapses

Follow