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Analysis-When, not if, Europe copies Wall Street share trading reform
By Huw Jones LONDON (Reuters) - The European Union, Britain and Switzerland have little choice but to copy Wall Street in speeding up share trading, though it will come too late to avoid a transatlant...
Syndicated Content Oct 05, 2023
Brooklyn subway shooter who wounded 10 faces sentencing on terrorism charges
(Reuters) - The man who set off smoke bombs on a crowded New York subway train before shooting 10 people in April 2022 was due to be sentenced in a Brooklyn courtroom on Thursday, after he pleaded gui...
Syndicated Content Oct 05, 2023
Lucid launches cheaper Air Pure electric sedan to boost demand
(Reuters) -Luxury electric-vehicle maker Lucid Group on Thursday launched a cheaper, rear-wheel drive version of the Air Pure sedan starting at $77,400, as it looks to stoke demand. Higher borrowing c...
Syndicated Content Oct 05, 2023
Logistics technology firm SP Plus to go private in about $1.5 billion deal
(Reuters) - U.S.-based transportation and logistics technology firm SP Plus will be acquired by parking technology provider Metropolis Technologies in an all-cash deal worth about $1.5 billion, the co...
Syndicated Content Oct 05, 2023
World Bank sees Saudi economy contracting in 2023, MENA growth sharply lower
By Rachna Uppal DUBAI (Reuters) - The World Bank expects Saudi Arabia's economy to contract by 0.9% in 2023, it said in a report on Thursday, revising its growth forecast for the world's top oil expor...
Syndicated Content Oct 05, 2023
WTO halves 2023 goods trade growth forecast
GENEVA (Reuters) - The World Trade Organization halved its growth forecast for global goods trade this year, saying that persistent inflation, higher interest rates, a strained Chinese property market...
Syndicated Content Oct 05, 2023
US trade deficit narrows to nearly three-year low in August
WASHINGTON (Reuters) - The U.S. trade deficit narrowed more than expected in August as exports increased solidly, likely positioning trade to support economic growth in the third quarter. The trade de...
Syndicated Content Oct 05, 2023
FTX customers are still grappling with crypto platform’s collapse
By Elizabeth Howcroft and Medha Singh LONDON (Reuters) - For Lee Rees, 43, FTX was one of a handful of exchanges on which the London-based cryptocurrency trader earned a good living, profiting off fle...
Syndicated Content Oct 05, 2023
Dell forecasts 3-4% annual revenue growth over long term
(Reuters) -Dell Technologies said on Thursday it expects compounded annual revenue growth of 3-4% over the long term. The company also raised its share buyback plan by $5 billion, adding to its curren...
Syndicated Content Oct 05, 2023
Canada posts surprise August trade surplus as exports surge on gold, crude
OTTAWA (Reuters) - Canada posted a surprise C$718 million ($521.88 million) trade surplus in August, as transfers of gold to the United States and higher crude prices helped exports outpace a rise in ...
Syndicated Content Oct 05, 2023
Peoria, IL, USA
65 °F Rain With Thunderstorm, Mist
