Today: September 30, 2024
Today: September 30, 2024

Latest From Reuters

Business|Economy

One year on, Russian officials change tune on tax policy

The prospect of raising Russia's corporate taxes was criticised by officials at last year's St Petersburg economic forum as a counterproductive move that would suppress

One year on, Russian officials change tune on tax policy
Business|Economy

German industrial orders unexpectedly fall in April

German industrial orders unexpectedly fell in April, marking the fourth month in a row of decreases, due to a significantly smaller number of large-scale orders compared with the previous

German industrial orders unexpectedly fall in April
Business|Economy

It's time for E-C-B

A look at the day ahead in European and global markets from Ankur Banerjee After the Bank of Canada became the first G7 country to cut interest rates, the stage is set for the European Central Bank to

It's time for E-C-B
Business|Economy

Country Garden's Hong Kong liquidation hearing further adjourned to July

Embattled Country Garden said in a filing on Thursday the Hong Kong High Court had further adjourned a hearing of a petition seeking liquidation of the Chinese property developer

Country Garden's Hong Kong liquidation hearing further adjourned to July
Business|Economy

Remy Cointreau's shares rise as investors bet on recovery

Remy Cointreau's shares rose more than 6% on Thursday after the drinks company expressed confidence about future growth following a tough year where profits fell sharply.

Remy Cointreau's shares rise as investors bet on recovery
Business|Economy

Amazon Labor Union affiliates with Teamsters

The Amazon Labor Union (ALU) has agreed to affiliate with the International Brotherhood of Teamsters, one of the largest U.S. labor unions, in the latest sign that unionization efforts are

Amazon Labor Union affiliates with Teamsters
Business|Economy

Jack Daniel's maker Brown-Forman beats quarterly profit estimates on price hikes

Jack Daniel's maker Brown-Forman beat fourth-quarter profit expectations on Wednesday, as price hikes on its premium whiskey and tequila helped offset waning demand, sending the company's

Jack Daniel's maker Brown-Forman beats quarterly profit estimates on price hikes
Business|Economy

ASML shares rise on CFO Dassen's comments on orders

ASML shares rose on Wednesday after a Jefferies analyst report cited comments from CFO Roger Dassen which suggested he was positive about the possibility of orders coming through

ASML shares rise on CFO Dassen's comments on orders
Business|Economy

US services sector activity rebounds while private payrolls growth slows

The U.S. services sector snapped back into growth mode in May after a short-lived contraction in the prior month, with a measure of business activity improving by the most in

US services sector activity rebounds while private payrolls growth slows
Business|Economy

Euro zone business activity expands at fastest rate in a year, PMI shows

Euro zone business activity expanded at its quickest rate in a year in May as growth in the bloc's dominant services industry outpaced contraction in manufacturing, according to

Euro zone business activity expands at fastest rate in a year, PMI shows
Business|Economy

China exchanges mull withholding 'certain' data from quant funds, sources say

The Shanghai and Shenzhen stock exchanges are considering suspending certain value-added market data feeds to institutions such as computer-driven quant funds, two sources said in

China exchanges mull withholding 'certain' data from quant funds, sources say
Business|Economy

Dip buying persists, Canada set to ease

A look at the day ahead in U.S. and global markets from Mike Dolan Any investor trepidation about a slowing U.S. economy is once again being offset by renewed interest rate cut hopes - seeing the

Dip buying persists, Canada set to ease
Business|Economy

Deere announces job cuts to tackle slowing farm equipment demand

Deere & Co said on Wednesday it would cut an unspecified number of production and salaried jobs to save costs as it grapples with a downturn in farm equipment demand.

Deere announces job cuts to tackle slowing farm equipment demand
Business|Economy

Spirit Aero CFO to depart amid cash flow struggles, Boeing talks

Spirit AeroSystems said on Wednesday that finance chief Mark Suchinski would depart the aerospace supplier amid cash flow struggles and ongoing talks to merge with its former owner Boeing.

Spirit Aero CFO to depart amid cash flow struggles, Boeing talks
Business|Economy

Japan's service activity extends gains, price pressures persist, PMI shows

Japan's service activity extended robust gains in May, a private sector survey showed on Wednesday, amid persistent inflationary pressures that have boosted expectations for another

Japan's service activity extends gains, price pressures persist, PMI shows
Business|Economy

China's robust services activity drives up employment, Caixin PMI shows

China's services activity in May accelerated at the quickest pace in 10 months while staffing levels expanded for the first time since January, a private sector survey showed on

China's robust services activity drives up employment, Caixin PMI shows
Business|Economy

Hindalco-owned Novelis delays US IPO; shares slide

Hindalco Industries said on Tuesday its U.S-based unit Novelis has postponed its initial public offering (IPO) due to weak market conditions, sending

Hindalco-owned Novelis delays US IPO; shares slide
Business|Economy

UAE's non-oil business growth retains slower pace in May, PMI shows

Capacity constraints weighed on non-oil business activity in the United Arab Emirates in May with output growth at its slowest in 16 months, a survey showed on Wednesday.

UAE's non-oil business growth retains slower pace in May, PMI shows
Business|Economy

Rate cut wagers fire up (again)

A look at the day ahead in European and global markets from Ankur Banerjee: A softening labour market and a cooling economy have traders perking up with expectations of a September rate cut from the

Rate cut wagers fire up (again)
Business|Economy

BlackRock, Citadel Securities-backed TXSE Group to launch Texas Stock Exchange

TXSE Group, backed by BlackRock and Citadel Securities, plans to launch the Texas Stock Exchange in Dallas, going up against established New York-centric exchanges in a bid to attract

BlackRock, Citadel Securities-backed TXSE Group to launch Texas Stock Exchange
Business|Economy

Japan real wages down for 25th month in row but improving steadily

Japan's inflation-adjusted real wages fell in April from a year earlier but slowed the pace of decline as the Bank of Japan looks for early signs of achieving a

Japan real wages down for 25th month in row but improving steadily
Business|Economy

X CEO Linda Yaccarino loses top lieutenant Joe Benarroch, WSJ reports

X Corp.

X CEO Linda Yaccarino loses top lieutenant Joe Benarroch, WSJ reports
Business|Economy

Swiss Finance Minister flags legal risks to winding up global banks

International financial authorities must give consideration to legal risks surrounding the potential winding up of global banks, Swiss Finance Minister Karin Keller-Sutter was

Swiss Finance Minister flags legal risks to winding up global banks
Business|Economy

South Africa business activity grows again in May, PMI shows

South African private sector activity grew in May as new order volumes stabilised and business confidence improved, a survey showed on Wednesday.

South Africa business activity grows again in May, PMI shows
Business|Economy

US dollar rises as strong service sector data muddles Fed easing this year

The U.S. dollar drifted higher on Wednesday after data showed the services sector in the world's largest economy rebounded in May after contracting the

US dollar rises as strong service sector data muddles Fed easing this year

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