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Marketmind: Banks, Biden visit buoy markets
A look at the day ahead in U.S. and global markets from Mike Dolan Another eye-catching bounceback in U.S. stocks on Monday was just about sustained overnight ahead of another slew of big bank earning...
Syndicated Content Oct 17, 2023
Bank of England’s Dhingra sees weaker wage growth, lower inflation
By David Milliken LONDON (Reuters) - Recent labour market data shows a softening economy which is likely to lead to slower wage growth and reduced inflation pressure, Bank of England policymaker Swati...
Syndicated Content Oct 17, 2023
Philippines’ Cebu Pacific eyes purchase of 100-150 aircraft for up to $12 billion
MANILA (Reuters) - Philippines budget carrier Cebu Pacific is looking to order 100-150 aircraft from either Boeing or Airbus worth up to $12 billion, its president said on Tuesday. The $12 billion fig...
Syndicated Content Oct 17, 2023
TSMC drops northern Taiwan site for advanced chip factory after protests
By Sarah Wu TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd said it would not build a advanced chip factory in a rural part of northern Taiwan after local residents protested that they di...
Syndicated Content Oct 17, 2023
Goldman Sachs lifts Europe Inc’s 2023 profit growth forecast to 3%
(Reuters) - Goldman Sachs said on Tuesday it expects earnings for companies in the pan-European STOXX 600 index to grow 3% in 2023, compared with its prior projection of no growth, on the back of high...
Syndicated Content Oct 17, 2023
German investor morale brightens in October – ZEW
By Maria Martinez BERLIN (Reuters) - German investor morale improved more than expected in October, the ZEW economic research institute said on Tuesday, as market experts forecast a further decline in...
Syndicated Content Oct 17, 2023
Ex-Odey portfolio manager Hanbury aims short bet on private equity – letter
By Nell Mackenzie LONDON (Reuters) - Former Odey Asset Management (OAM) portfolio manager James Hanbury has taken short positions against private equity, which will likely struggle to finance and refi...
Syndicated Content Oct 17, 2023
GenAI startups biggest driver of unicorns, says VC firm Accel
By Supantha Mukherjee STOCKHOLM (Reuters) - Generative artificial intelligence (GenAI) companies have become the major driver of unicorns -- startups reaching $1 billion valuation -- with 60% of the n...
Syndicated Content Oct 17, 2023
U.S. lawmaker seeks answers from Meta, X, Google, TikTok over Israel-Hamas false content
By Zeba Siddiqui SAN FRANCISCO (Reuters) - U.S. Senator Michael Bennet on Tuesday sought information on how tech giants Meta, X, TikTok and Google were trying to stop the spread of false and misleadin...
Syndicated Content Oct 17, 2023
Biden heading to Israel and Jordan, focused on ground offensive and humanitarian crisis
By Steve Holland WASHINGTON (Reuters) - U.S. President Joe Biden leaves on Tuesday on a whirlwind trip to Israel and Jordan to get an update on Israel's war aims in its looming battle with Hamas milit...
Syndicated Content Oct 17, 2023
Peoria, IL, USA
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