Category Archives:
Italian economy likely to slow in next few months – stats bureau
ROME (Reuters) - The Italian economy is likely to slow further in the next few months after stagnating in the third quarter, national statistics bureau ISTAT said on Friday. In its monthly economic bu...
Nov 10, 2023
Investors pull away from GM’s Cruise bet
By Joseph White and David Shepardson DETROIT (Reuters) - General Motors' bet that its Cruise robo-taxi unit will deliver $50 billion in revenue by 2030 is facing its toughest test. GM Chief Executive ...
Nov 10, 2023
US reduces beef exports as cattle herd shrinks, squeezing Tyson Foods
By Tom Polansek CHICAGO (Reuters) - The United States is importing record amounts of beef this year and exporting less after ranchers slashed the nation's cattle herd to its lowest level in decades, t...
Nov 10, 2023
Marketmind: Powell pushback puts cloud 9 beyond reach
A look at the day ahead in U.S. and global markets from Mike Dolan A slightly exaggerated market reaction to Fed chair Jerome Powell's pushback against early U.S. interest rate cuts was enough to spoi...
Nov 10, 2023
Post-strike Hollywood rushes to get film, TV sets humming
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) - Hours before the Hollywood actors' strike officially ended, Beth Goodnight's phone began ringing with opportunity. The head of a Hollywood...
Nov 10, 2023
Drugmaker Novo Nordisk seeks obesity, diabetes ‘bolt-on’ deals
By Maggie Fick and Jacob Gronholt-Pedersen LONDON/COPENHAGEN (Reuters) - Novo Nordisk wants to buy more companies with drugs in early- to mid-stages of development through "bolt-on" deals of up to a f...
Nov 10, 2023
Biden to register for South Carolina primary, seen as first test of re-election strength
By Jarrett Renshaw (Reuters) - U.S. President Joe Biden's re-election campaign on Friday will register for the South Carolina Democratic primary, the party's first official clash and an early enthusia...
Nov 10, 2023
Futures mixed after Powell’s hawkish tone; more data awaited
(Reuters) - Wall Street futures were mixed on Friday after Federal Reserve Chair Jerome Powell's hawkish tone dampened hopes of an end to rate hikes, with investors now looking forward to next week's ...
Nov 10, 2023
Casino operator Wynn Resorts reaches labor deal with Las Vegas unions
(Reuters) - The unions representing hospitality workers in Las Vegas said on Friday that they have reached a tentative deal with Wynn Resorts for a new contract covering 5,000 employees. The five-year...
Nov 10, 2023
Global equity funds draw massive inflows as rate worries ease
(Reuters) - Global equity funds saw a significant uptick in demand in the week through Nov. 8 as investor sentiment improved following the decision of major central banks to keep policy rates unchange...
Nov 10, 2023
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