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

Finance

Business|Economy|Finance

Canada's Ivey PMI shows activity contracting in August

Canadian economic activity contracted for the first time in 13 months in August as employment growth slowed and price pressures heated up, Ivey Purchasing Managers Index data

Canada's Ivey PMI shows activity contracting in August
Asia|Business|Finance

Nippon Steel's US setback a wake-up for Japan Inc's foreign forays

Japanese firms are set to scrutinise overseas deals more intently after U.S. resistance to Nippon Steel's $15 billion U.S.

Nippon Steel's US setback a wake-up for Japan Inc's foreign forays
Business|Economy|Finance

More than 90 company executives, 100 law enforcement officials back Harris

More than 90 company executives, including the chief executives of Yelp and Chobani as well as the former CEOs of PepsiCo, Ford Motor Co and Yahoo!, endorsed U.S.

More than 90 company executives, 100 law enforcement officials back Harris
Economy|Finance

US equity funds see major outflows on growth concerns

U.S. equity funds experienced their largest weekly outflow in 12 weeks by Sept. 4, driven by heightened investor anxiety about the economic outlook as they awaited crucial labor market

US equity funds see major outflows on growth concerns
Economy|Finance|Stock Markets

Fed policymakers say they are ready to start cutting interest rates

By Ann Saphir, Lindsay Dunsmuir and Michael S.

Fed policymakers say they are ready to start cutting interest rates
Economy|Finance

Global equity funds see outflows on growth worries; jobs data awaited

Global equity funds experienced their first weekly outflow in four weeks in the week to September 4, as cautious investors pulled back on concerns about global economic growth and ahead of

Global equity funds see outflows on growth worries; jobs data awaited
Business|Finance

RBC's US global asset management head sees growth in emerging markets, alternative assets

Royal Bank of Canada is betting on alternative investments and emerging markets debt and equity to boost its U.S. global asset management business, said new CEO

RBC's US global asset management head sees growth in emerging markets, alternative assets
Business|Finance|Stock Markets|Technology

Broadcom shares slump as revenue target fails to impress investors counting on AI boost

Broadcom's shares closed down 10% on Friday after the chipmaker's tepid revenue forecast spooked investors betting on robust demand for AI chips to drive

Broadcom shares slump as revenue target fails to impress  investors counting on AI boost
Business|Economy|Finance

‘The sky is not falling’: US economy added 142,000 jobs in August

‘The sky is not falling’: US economy added 142,000 jobs in August

‘The sky is not falling’: US economy added 142,000 jobs in August
Business|Finance

7-Eleven rejects multibillion-dollar offer from Circle K owner for huge convenience store merger

7-Eleven rejects multibillion-dollar offer from Circle K owner for huge convenience store merger

7-Eleven rejects multibillion-dollar offer from Circle K owner for huge convenience store merger
Business|Finance|Stock Markets

Buffett's Berkshire offloads Bank of America shares again; total sales near $7 billion

Warren Buffett's Berkshire Hathaway has trimmed its stake in Bank of America once again, making the total sales since mid-July nearly $7 billion.

Buffett's Berkshire offloads Bank of America shares again; total sales near $7 billion
Election|Finance|News

Kamala Harris’ political operation raises $361 million in August – nearly tripling Donald Trump’s haul

Kamala Harris’ political operation raises $361 million in August – nearly tripling Donald Trump’s haul

Kamala Harris’ political operation raises $361 million in August – nearly tripling Donald Trump’s haul
Economy|Finance

Fitch rates Ukraine's newly restructured international bonds 'CCC'

Ratings agency Fitch gave Ukraine's newly-restructured international bonds a deep-into-junk 'CCC' rating on Thursday, and kept the war-torn country's overall foreign currency score

Fitch rates Ukraine's newly restructured international bonds 'CCC'
Business|Economy|Finance

Wall Street stocks fall, big weekly drop as market waits for Fed to move

U.S. stocks fell on Friday, weighed down by a jobs report that showed a continued labor market slowdown but left traders uncertain about how far the Federal

Wall Street stocks fall, big weekly drop as market waits for Fed to move
Finance|Stock Markets

Payrolls, Williams and Waller - a big decider

A look at the day ahead in U.S. and global markets from Mike Dolan Friday looks set to play out like a concentrated version of what markets have been navigating all year - what's the fine

Payrolls, Williams and Waller - a big decider
Business|Finance

Reaction to China creating $230 billion brokerage powerhouse

Shanghai-based Guotai Junan Securities is set to acquire its cross-town rival Haitong Securities via a share swap, creating a state-backed sector leader with $230

Reaction to China creating $230 billion brokerage powerhouse
Business|Finance

Star Entertainment to sell interest in casino building amid regulatory problems

Star Entertainment will sell its interest in the Treasury Brisbane Casino building in Queensland for A$67.5 million ($45.47 million), the embattled casino operator said on Friday.

Star Entertainment to sell interest in casino building amid regulatory problems
Election|Finance|News

Harris has $404 million to spend as strong August fundraising puts her ahead of Trump

Kamala Harris's presidential campaign and the Democratic Party raised $361 million in August, leaving her with a clear cash advantage over Republican rival

Harris has $404 million to spend as strong August fundraising puts her ahead of Trump
Economy|Finance

Investor dash to cash continues ahead of Fed rate cut, BofA says

Investors poured $61 billion into cash-like money market funds in the week to Wednesday, as they braced for the Federal Reserve to cut interest rates for the

Investor dash to cash continues ahead of Fed rate cut, BofA says
Economy|Election|Finance|News

Harris raised $361 million in August from nearly 3 million donors, campaign says

Vice President Kamala Harris has raised well more than double what former President Donald Trump took in from donors in August

Harris raised $361 million in August from nearly 3 million donors, campaign says
Economy|Europe|Finance

Italy retail sales rise 0.5% m/m in July

Italian retail sales rose 0.5% in July from the month before, data showed on Friday, following a 0.2% fall in June. Sales rose 1.0% in unadjusted year-on-year terms in July, ISTAT said.

Italy retail sales rise 0.5% m/m in July
Business|Europe|Finance

Austrian Raiffeisen's entanglement with Russia

A Russian court has frozen Raiffeisen Bank International's local arm, killing off any prospect of selling the business for now and

Austrian Raiffeisen's entanglement with Russia
Business|Economy|Finance

No let-up

The volatile activity that has marked September so far may not let up any time soon, as investors are on edge ahead of more key macro events that could shape the tone for trading in the

No let-up
Business|Economy|Finance|Stock Markets

FTSE 100 clocks weekly decline; personal goods shares biggest drag

UK's main stock index ended lower on Friday, dragged down by personal goods and automobile shares, while investors assessed U.S. jobs report data to determine the extent of

FTSE 100 clocks weekly decline; personal goods shares biggest drag
Business|Economy|Finance

European shares have worst day in a month as investors digest mixed US data

European shares fell for a fifth straight session on Friday in their worst day since early August, after a widely anticipated U.S. jobs report

European shares have worst day in a month as investors digest mixed US data

Follow