Today: September 22, 2024
Today: September 22, 2024

Finance

Business|Finance

Australia's Coles beats annual profit view on strong sales, shares rally

Australian grocer Coles reported annual profit ahead of expectations on Tuesday, driven by robust supermarket sales and enhanced inventory control to curb theft-related

Australia's Coles beats annual profit view on strong sales, shares rally
Asia|Business|Economy|Finance|Stock Markets|Technology

Shares climb, oil slips amid Mideast risks and looming Nvidia earnings

A gauge of global shares climbed in choppy trading while oil prices slipped on Tuesday as investors weighed geopolitical risks as well as

Shares climb, oil slips amid Mideast risks and looming Nvidia earnings
Business|Economy|Finance|News

High-tech manufacturing spurs China's July industrial profit growth

China's industrial profits grew faster in July buoyed by high-tech manufacturing, even as sluggish domestic demand weighed on the recovery in the world's

High-tech manufacturing spurs China's July industrial profit growth
Business|Finance|News

Oil prices fall 2% on economic worries, technical decline

Oil prices fell about 2% on Tuesday on worries that slower economic growth in the U.S. and China could reduce demand for energy, especially after prices surged

Oil prices fall 2% on economic worries, technical decline
Business|Economy|Finance

UK shop prices dip for first time in nearly 3 years, survey shows

British shop prices fell in annual terms this month for the first time since October 2021, pushed down by summer sales of clothes and household goods, a survey showed on Tuesday.

UK shop prices dip for first time in nearly 3 years, survey shows
Business|Finance

BHP doubles down on copper growth after better-than-expected profit

BHP Group will focus on growing its copper business through existing and incoming projects after its failed attempt to buy Anglo American, it

BHP doubles down on copper growth after better-than-expected profit
Africa|Economy|Finance

IMF reaches staff-level deal for Liberia on $209 million new credit facility

The International Monetary Fund reached a staff-level agreement for Liberia on a new 40-month extended credit facility arrangement for $209 million, the IMF said in a statement

IMF reaches staff-level deal for Liberia on $209 million new credit facility
Asia|Economy|Finance

Tiptoeing nervously along US rate path

A look at the day ahead in Asian markets.

Tiptoeing nervously along US rate path
Americas|Economy|Finance|World

IMF taps Jamaica finance minister for deputy role

The International Monetary Fund on Monday named Jamaican Finance Minister Nigel Clarke to a top post at the agency, after the official spearheaded fiscal reforms in the Caribbean

IMF taps Jamaica finance minister for deputy role
Business|Economy|Finance|News

Bank of New York Mellon to pay $5 million over swap reporting, supervision failures, CFTC says

Bank of New York Mellon has agreed to pay $5 million to settle U.S.

Bank of New York Mellon to pay $5 million over swap reporting, supervision failures, CFTC says
Business|Finance|News

US lenders lose court battle over CFPB rule to collect small business data

A federal judge on Monday rejected a banking industry-backed challenge to a rule adopted by the U.S.

US lenders lose court battle over CFPB rule to collect small business data
Business|Economy|Finance|News

Fed most likely to cut rates by quarter percentage point next month, Daly says

San Francisco Federal Reserve President Mary Daly on Monday said "the time is upon us" to cut interest rates, likely starting with a quarter-percentage point reduction in

Fed most likely to cut rates by quarter percentage point next month, Daly says
Business|Finance

JPMorgan Chase is sued over low rates on cash sweeps

JPMorgan Chase has been accused in a new lawsuit of sweeping customers' idle cash into accounts with "unreasonably" low interest rates.

JPMorgan Chase is sued over low rates on cash sweeps
Business|Finance|News

US rails cancel embargoes after Canada work stoppage ends

U.S. railroads Norfolk Southern and BNSF Railway on Monday said all embargoes associated with the potential Canadian work stoppage stand canceled and affected rail traffic has resumed,

US rails cancel embargoes after Canada work stoppage ends
Business|Finance

Care.com reaches $8.5 million US FTC settlement over job listings, renewals

Care.com, a platform for providing in-home care services to children, older adults and pets, agreed to pay $8.5 million to settle U.S.

Care.com reaches $8.5 million US FTC settlement over job listings, renewals
Business|Finance

Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance

Oil major Shell on Monday said it plans to shut-in different portions of its Zydeco pipeline system for maintenance for three to four days starting Sept 24,

Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance
Africa|Business|Crime|Finance|Technology

Nigerian judge to hear money laundering case against Binance next week

A Nigerian judge will hear a money laundering case against crypto exchange Binance and two of its executives next week, more than a month earlier than planned, after

Nigerian judge to hear money laundering case against Binance next week
Business|Economy|Finance

Goldman, BASF, others in $20 million platinum, palladium price-fixing settlement

Goldman Sachs, German industrial company BASF and two other banks agreed to pay $20 million to settle a nearly decade-old antitrust lawsuit accusing them of

Goldman, BASF, others in $20 million platinum, palladium price-fixing settlement
Business|Finance|Stock Markets

Icahn Enterprises shares plunge to 20-year low after $400 million unit sale plan

Shares of billionaire investor Carl Icahn's Icahn Enterprises closed at a more than 20-year low on Monday after the firm said it will sell up to $400 million depository units through an "at

Icahn Enterprises shares plunge to 20-year low after $400 million unit sale plan
Business|Economy|Finance|News

US firms' 'low firing' approach may turn to more layoffs, Fed's Barkin tells BBG

The "low-hiring, low-firing" approach that U.S. businesses currently take to their employment decisions is unlikely to last, Richmond Federal Reserve

US firms' 'low firing' approach may turn to more layoffs, Fed's Barkin tells BBG
Business|Economy|Finance|Stock Markets

Dow closes at new record high on rate cut rally: Here’s what’s next for Wall Street

Dow closes at new record high on rate cut rally: Here’s what’s next for Wall Street

Dow closes at new record high on rate cut rally: Here’s what’s next for Wall Street
Business|Economy|Finance|News|Stock Markets

US business spending on equipment shows signs of cooling in July

New orders for key U.S.-manufactured capital goods unexpectedly fell in July and data for the prior month was revised lower, suggesting a loss of momentum in

US business spending on equipment shows signs of cooling in July
Economy|Finance

Bank of Israel to keep rates on hold in contrast to expected Fed, ECB cuts : Reuters poll

The Bank of Israel (BoI) will keep short-term interest rates unchanged for a fifth straight meeting on Wednesday, with economists uncertain over the timing of a

Bank of Israel to keep rates on hold in contrast to expected Fed, ECB cuts : Reuters poll
Business|Finance

Elliott, Southwest to meet in September as firm lays out case for change

Elliott Investment Management and Southwest Airlines will meet early next month for the first time to discuss potential changes at the airline, both

Elliott, Southwest to meet in September as firm lays out case for change
Business|Finance

TSX posts record high on rotation into commodity-linked shares

Canada's main stock rose to an all-time high on Monday as a jump in oil prices boosted energy shares, and ahead of quarterly earnings this week from five of Canada's six

TSX posts record high on rotation into commodity-linked shares

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