Category Archives:
Regions Financial sees fall in Q4 interest income, misses profit estimate
(Reuters) - Regions Financial said on Friday it expects its fourth-quarter net interest income (NII) to decline about 5% compared with the preceding three months, as banks pay more to retain deposits,...
Oct 20, 2023
AmEx’s third-quarter profit beats estimates on buoyant spending
(Reuters) -Credit card giant American Express on Friday reported third-quarter profit that beat expectations, helped by resilient spending from its wealthy customers who shrugged off concerns about an...
Oct 20, 2023
Heirs to keep some of Berlusconi’s art hoard from TV shopping shows
By Elvira Pollina and Angelo Amante MILAN (Reuters) - The heirs of former Italian leader Silvio Berlusconi will keep some of the thousands of artworks he amassed largely from TV shopping channels, a f...
Oct 20, 2023
EV maker VinFast strikes shares deal with Yorkville for up to $1.0 billion
HANOI (Reuters) - Vietnamese electric vehicle (EV) maker VinFast said on Friday it has entered into a share subscription of up to $1 billion with U.S.-based fund Yorkville Advisors as it seeks to fund...
Oct 20, 2023
Malaysia PM proposes free trade pact between ASEAN, Gulf council
KUALA LUMPUR (Reuters) - Malaysia is proposing the creation of a free trade agreement between the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) its premier said...
Oct 20, 2023
Marketmind: Bond squeeze abates as Middle East war in focus
A look at the day ahead in U.S. and global markets from Mike Dolan After a hectic week deciphering a blizzard of economic and corporate updates and a bruising bond yield surge, world markets turn thei...
Oct 20, 2023
Scotland hit by severe flooding as Storm Babet brings ‘exceptional’ rainfall
LONDON (Reuters) - Parts of eastern Scotland experienced severe flooding on Friday after Storm Babet brought "exceptional" rainfall and winds of more than 70 mph which overwhelmed defences and left th...
Oct 20, 2023
Global equity funds see fifth consecutive weekly outflow amid rising bond yields
(Reuters) - Global equity funds registered their fifth weekly outflow in a row in the seven days to Oct. 18 hit by the persistent rise in U.S. bond yields with strong economic data heightening expecta...
Oct 20, 2023
Spain’s PLD Space expects first orbital launch in Q1 2026 from French Guiana
MADRID (Reuters) - Spanish company PLD Space expects a first orbital launch from French Guiana in the first quarter of 2026, after carrying out the first fully private European rocket launch earlier t...
Oct 20, 2023
CEO of China’s Weibo tests new real-name policy on his own account
BEIJING (Reuters) - The chief executive of China's Weibo on Friday confirmed that China may start denying anonymity to online commentators on politics and finance by requiring them to display their na...
Oct 20, 2023
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