Today: September 20, 2024
Today: September 20, 2024

Finance

Business|Finance

7-Eleven rejects multibillion-dollar offer from Circle K owner for huge convenience store merger

7-Eleven rejects multibillion-dollar offer from Circle K owner for huge convenience store merger

7-Eleven rejects multibillion-dollar offer from Circle K owner for huge convenience store merger
Business|Finance|Stock Markets

Buffett's Berkshire offloads Bank of America shares again; total sales near $7 billion

Warren Buffett's Berkshire Hathaway has trimmed its stake in Bank of America once again, making the total sales since mid-July nearly $7 billion.

Buffett's Berkshire offloads Bank of America shares again; total sales near $7 billion
Election|Finance|News

Kamala Harris’ political operation raises $361 million in August – nearly tripling Donald Trump’s haul

Kamala Harris’ political operation raises $361 million in August – nearly tripling Donald Trump’s haul

Kamala Harris’ political operation raises $361 million in August – nearly tripling Donald Trump’s haul
Economy|Finance

Fitch rates Ukraine's newly restructured international bonds 'CCC'

Ratings agency Fitch gave Ukraine's newly-restructured international bonds a deep-into-junk 'CCC' rating on Thursday, and kept the war-torn country's overall foreign currency score

Fitch rates Ukraine's newly restructured international bonds 'CCC'
Business|Economy|Finance

Wall Street stocks fall, big weekly drop as market waits for Fed to move

U.S. stocks fell on Friday, weighed down by a jobs report that showed a continued labor market slowdown but left traders uncertain about how far the Federal

Wall Street stocks fall, big weekly drop as market waits for Fed to move
Finance|Stock Markets

Payrolls, Williams and Waller - a big decider

A look at the day ahead in U.S. and global markets from Mike Dolan Friday looks set to play out like a concentrated version of what markets have been navigating all year - what's the fine

Payrolls, Williams and Waller - a big decider
Business|Finance

Reaction to China creating $230 billion brokerage powerhouse

Shanghai-based Guotai Junan Securities is set to acquire its cross-town rival Haitong Securities via a share swap, creating a state-backed sector leader with $230

Reaction to China creating $230 billion brokerage powerhouse
Business|Finance

Star Entertainment to sell interest in casino building amid regulatory problems

Star Entertainment will sell its interest in the Treasury Brisbane Casino building in Queensland for A$67.5 million ($45.47 million), the embattled casino operator said on Friday.

Star Entertainment to sell interest in casino building amid regulatory problems
Election|Finance|News

Harris has $404 million to spend as strong August fundraising puts her ahead of Trump

Kamala Harris's presidential campaign and the Democratic Party raised $361 million in August, leaving her with a clear cash advantage over Republican rival

Harris has $404 million to spend as strong August fundraising puts her ahead of Trump
Economy|Finance

Investor dash to cash continues ahead of Fed rate cut, BofA says

Investors poured $61 billion into cash-like money market funds in the week to Wednesday, as they braced for the Federal Reserve to cut interest rates for the

Investor dash to cash continues ahead of Fed rate cut, BofA says
Economy|Election|Finance|News

Harris raised $361 million in August from nearly 3 million donors, campaign says

Vice President Kamala Harris has raised well more than double what former President Donald Trump took in from donors in August

Harris raised $361 million in August from nearly 3 million donors, campaign says
Economy|Europe|Finance

Italy retail sales rise 0.5% m/m in July

Italian retail sales rose 0.5% in July from the month before, data showed on Friday, following a 0.2% fall in June. Sales rose 1.0% in unadjusted year-on-year terms in July, ISTAT said.

Italy retail sales rise 0.5% m/m in July
Business|Europe|Finance

Austrian Raiffeisen's entanglement with Russia

A Russian court has frozen Raiffeisen Bank International's local arm, killing off any prospect of selling the business for now and

Austrian Raiffeisen's entanglement with Russia
Business|Economy|Finance

No let-up

The volatile activity that has marked September so far may not let up any time soon, as investors are on edge ahead of more key macro events that could shape the tone for trading in the

No let-up
Business|Economy|Finance|Stock Markets

FTSE 100 clocks weekly decline; personal goods shares biggest drag

UK's main stock index ended lower on Friday, dragged down by personal goods and automobile shares, while investors assessed U.S. jobs report data to determine the extent of

FTSE 100 clocks weekly decline; personal goods shares biggest drag
Business|Economy|Finance

European shares have worst day in a month as investors digest mixed US data

European shares fell for a fifth straight session on Friday in their worst day since early August, after a widely anticipated U.S. jobs report

European shares have worst day in a month as investors digest mixed US data
Asia|Business|Economy|Finance

India to tighten derivatives rules despite investor pushback, sources say

India's markets regulator will tighten derivative rules to increase entry barriers and make it more expensive to trade as it tries to limit

India to tighten derivatives rules despite investor pushback, sources say
Business|Finance|News|Stock Markets

Markets torn by US services-factories divide: Mike Dolan

The stark divide between the performance of the U.S. manufacturing sector and the more dominant services sector is giving stock markets a headache at a critical moment.

Markets torn by US services-factories divide: Mike Dolan
Asia|Economy|Finance|News

China's ex-central bank governor urges efforts to fight deflationary pressure

China's former central bank governor Yi Gang said on Friday the country should focus on fighting deflationary pressure as the world's second-biggest

China's ex-central bank governor urges efforts to fight deflationary pressure
Business|Europe|Finance|News

Hanging in the balance: Five questions for the ECB

The European Central Bank looks all but certain to cut rates again on Thursday, yet the outlook after that is less clear.

Hanging in the balance: Five questions for the ECB
Asia|Business|Economy|Finance

Japan's revised GDP likely rose in Q2 at same pace as initial estimate: Reuters poll

The Japanese economy likely expanded during the April-June quarter at roughly the same solid pace as initially predicted, a Reuters poll showed on Friday,

Japan's revised GDP likely rose in Q2 at same pace as initial estimate: Reuters poll
Asia|Business|Economy|Finance|News

US opposition to Nippon Steel deal 'very unsettling', Japan PM hopeful says

One of the frontrunners to become Japan's next premier said on Friday that any U.S. move to block Japan's Nippon Steel from buying U.S.

US opposition to Nippon Steel deal 'very unsettling', Japan PM hopeful says
Economy|Finance

Why is Japan reviving debate on higher tax on investment income?

Japan's ruling party leadership race has revived debate on raising the country's tax on income from investments, a policy once shelved by the outgoing prime

Why is Japan reviving debate on higher tax on investment income?
Business|Economy|Finance

How Wall Street firms see US jobless rate shaping Fed rate cut

The Federal Reserve is widely expected to cut borrowing costs at its upcoming meeting Sept. 17-18 and the strength of the job market is likely to be a deciding factor on whether it

How Wall Street firms see US jobless rate shaping Fed rate cut
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Wall Street falls sharply to close its worst week in nearly 18 months

Another rout hit Wall Street after an update on the U.S. job market came in weak enough to add to worries about the economy

Stock market today: Wall Street falls sharply to close its worst week in nearly 18 months

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