Today: September 27, 2024
Today: September 27, 2024

Latest From Reuters

Business|Economy|Finance

Alaska Airlines, Hawaiian Airlines extend review period of deal amid antitrust scrutiny

Alaska Air Group has agreed to extend the review period for the proposed $1.9 billion acquisition of rival Hawaiian Airlines amid antitrust scrutiny from the U.S.

Alaska Airlines, Hawaiian Airlines extend review period of deal amid antitrust scrutiny
Business|Economy|Finance

Leidos lifts 2024 profit target as global conflicts fuel weapons demand

Defense contractor Leidos raised its annual profit forecast on Tuesday, banking on strong worldwide weapons demand and increased defense spending amid growing geopolitical tensions.

Leidos lifts 2024 profit target as global conflicts fuel weapons demand
Business|Economy|Europe

Freight startup Sennder eyes doubled revenue with deal to buy part of U.S. rival

Digital freight firm Sennder has agreed to buy the European logistics operations of its U.S. rival C.H.

Freight startup Sennder eyes doubled revenue with deal to buy part of U.S. rival
Asia|Economy|Finance|Stock Markets

China securities regulator promotes law enforcement chief to vice chair

China's securities regulator on Tuesday promoted its head of law enforcement to the role of vice chairman, underscoring Beijing's determination to tighten

China securities regulator promotes law enforcement chief to vice chair
Economy

Italy Q2 GDP slows to 0.2% q/q, supported by domestic demand

Italy's economic growth slowed to 0.2% in the second quarter from the previous three months in line with forecasts, driven by domestic demand, preliminary data showed on Tuesday.

Italy Q2 GDP slows to 0.2% q/q, supported by domestic demand
Economy|Europe

French GDP up 0.3% q/q in Q2 with help from cruise ship delivery

France's economy grew marginally faster than expected in the second quarter as the delivery of a cruise ship boosted exports, offsetting flat consumer spending, official data showed

French GDP up 0.3% q/q in Q2 with help from cruise ship delivery
Asia|Economy

Bank of Korea board split on rate cut timing amid hot housing market, minutes show

South Korea's monetary policy board was divided over when to cut interest rates with a majority of the seven-member board concerned about lower borrowing costs leading to price

Bank of Korea board split on rate cut timing amid hot housing market, minutes show
Business|Economy

Ad group WPP names former BT boss Philip Jansen as new chair

WPP named former BT chief Philip Jansen as its new chair on Tuesday, succeeding Roberto Quarta at the world's largest advertising company.

Ad group WPP names former BT boss Philip Jansen as new chair
Business|Economy|Finance

Australian corporate profits' decline to accelerate this year, says UBS

Australian companies will likely post a steeper drop in profit this year than they did last year, as they struggle to match the 'abnormally high' earnings since the COVID-19 pandemic, UBS

Australian corporate profits' decline to accelerate this year, says UBS
Economy

UK shop price inflation holds at lowest since October 2021

Prices in British shops rose at the joint-slowest rate since October 2021 this month, held down by falls in the cost of non-food items as food prices continued to rise, the British

UK shop price inflation holds at lowest since October 2021
Asia|Economy

Thailand approves 17% personal income tax ceiling for returnees

Thailand's cabinet approved a personal income tax cap of 17% for Thais working overseas who return home to work, a deputy finance minister said on Tuesday, in a bid to draw back

Thailand approves 17% personal income tax ceiling for returnees
Economy|Europe|Finance

Oil slips and equities ease in pre-Fed drift

A look at the day ahead in European and global markets from Tom Westbrook Oil prices slipped as worries about the demand outlook weighed broadly on commodities, while Asian equities and European stock

Oil slips and equities ease in pre-Fed drift
Asia|Business|Economy

China's 'new productive forces' need government, market efforts: vice premier

China's Vice Premier He Lifeng stressed the need for a well-coordinated government and efficient market to develop the country's "new productive forces", state media said on

China's 'new productive forces' need government, market efforts: vice premier
Business|Economy|Finance

BHP and Lundin Mining boost copper access, to buy Filo for $3.25 billion

Global miner BHP Group and Canada-listed Lundin Mining will jointly take over developer Filo Corp for C$4.5 billion ($3.25 billion), the companies said on Monday, as they move to

BHP and Lundin Mining boost copper access, to buy Filo for $3.25 billion
Business|Economy|Europe

Ad group WPP lines up former BT boss Philip Jansen as its new chair, FT reports

Britain's WPP is set to pick former BT Group chief Philip Jansen as its new chair, the Financial Times reported on Tuesday, citing people familiar with the matter.

Ad group WPP lines up former BT boss Philip Jansen as its new chair, FT reports
Asia|Economy

Japan June jobless rate falls to 2.5%, job availability slips

Japan's jobless rate in June fell to 2.5% from the previous month, government data showed on Tuesday.

Japan June jobless rate falls to 2.5%, job availability slips
Business|Economy|Finance

Singapore's Temasek plans to invest up to $30 billion in US over next five years

Singapore state investor Temasek plans to invest up to $30 billion over the next five years in the U.S. in sectors such as healthcare, financial services and technology.

Singapore's Temasek plans to invest up to $30 billion in US over next five years
Americas|Economy|Finance

Colombia pitches bulked-up $130 billion government budget for next year

Colombia's government proposed on Monday a 523 trillion peso ($130 billion) 2025 budget to lawmakers for their consideration, the finance ministry said in a

Colombia pitches bulked-up $130 billion government budget for next year
Americas|Economy|Environment

Indigenous groups say Brazil plans Amazon grain train behind their backs

Indigenous people who see a threat to their ancestral lands from the construction of a railway to carry grains to a port in the Amazon on Monday pulled out of a

Indigenous groups say Brazil plans Amazon grain train behind their backs
Business|Economy|Finance

Chesapeake posts quarterly loss on output drop, lower gas prices

Natural gas producer Chesapeake Energy on Monday reported a loss for the second quarter, compared to a year-ago profit, as production declined and prices remained under pressure.

Chesapeake posts quarterly loss on output drop, lower gas prices
Business|Economy|Europe

Sacyr hires Santander and Deutsche Bank as advisers to find partner

Spanish construction firm Sacyr hired Santander and Deutsche Bank as financial advisers to find a partner for new unit Voreantis as a way to raise cash and better compete with

Sacyr hires Santander and Deutsche Bank as advisers to find partner
Business|Economy|Fashion and Beauty

Armani posts 'single digit' sales drop in first half

Italian fashion house Giorgio Armani managed to keep its operating profit steady last year and grow net sales by 6% at constant currencies, despite a 'single-digit' slowdown in

Armani posts 'single digit' sales drop in first half
Economy|Finance

UK finance minister Rachel Reeves to hold first budget on Oct. 30

British finance minister Rachel Reeves told parliament on Monday that she would hold her first annual budget on Oct. 30, after the Labour Party won a decisive election victory on

UK finance minister Rachel Reeves to hold first budget on Oct. 30
Business|Economy

Loews CEO James Tisch to step down after 25 years

Insurance firm Loews' CEO James Tisch will step down after nearly 25 years at the helm, with his son Benjamin named the successor, the company said on Monday.

Loews CEO James Tisch to step down after 25 years
Business|Economy|Finance

Sixth Street inks $5.1 billion take-private purchase of insurer Enstar

Investment firm Sixth Street will acquire Enstar for $5.1 billion, in a deal backed by former Treasury Secretary Steven Mnuchin and billionaire J Christopher Flowers, the insurer said on

Sixth Street inks $5.1 billion take-private purchase of insurer Enstar

Follow