Category: Reuters
-
European shares end marginally lower on tech drag; Fed in focus By Reuters
•
By Shubham Batra and Shashwat Chauhan (Reuters) – European shares closed slightly lower on Monday as losses in heavyweight technology stocks weighed on the index, while the focus remained on the U.S. Federal Reserve, which is widely expected to start its monetary easing cycle this week. The pan-European STOXX 600…
-
US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut By Reuters
•
(This Sept. 13 story has been refiled to remove Mellon’s BNY name in paragraph 8.) By Gertrude Chavez-Dreyfus and Chibuike Oguh NEW YORK (Reuters) – The U.S. dollar fell to its lowest level in nearly nine months against the Japanese yen on Friday after media reports rekindled speculation that the…
-
Tech stocks drag on S&P 500, Nasdaq as Fed meeting nears By Reuters
•
By Johann M. Cherian and Purvi Agrawal (Reuters) – Technology stocks weighed on Wall Street and the Nasdaq on Monday as caution set in ahead of a pivotal Federal Reserve policy decision later in the week, with most traders pricing in a sharp drop in borrowing costs. Interest-rate-sensitive chip stocks…
-
Dollar weakens, yen strengthens as bets firm on aggressive Fed rate cut By Reuters
•
By Vidya Ranganathan and Samuel Indyk LONDON (Reuters) – The dollar fell and the yen hit its highest in more than a year on Monday as market participants grew more expectant of a large interest rate cut by the U.S. Federal Reserve later this week. The dollar fell to a…
-
PwC invests in ‘high quality’ business in China after record fine, internal memo says By Reuters
•
Written by Shi Yu HONG KONG (Reuters) – PwC said it is making “concrete investments” to ensure the Big Four firms have high-quality and sustainable business in China, after Chinese regulators on Friday imposed a record penalty on the firm’s mainland unit. PwC Zhong Tian LLP was suspended for six…
-
Trump safe after new assassination attempt, suspect arrested By Reuters
•
By Gram Slattery and David Ljungren (Reuters) – Republican presidential candidate Donald Trump survived an apparent assassination attempt on Sunday after the FBI foiled an apparent assassination attempt while he was playing golf at his course in West Palm Beach, Florida. Secret Service agents spotted a gunman in the bushes…
-
Trump safe after new assassination attempt, suspect arrested By Reuters
•
By Gram Slattery and David Ljungren (Reuters) – Republican presidential candidate Donald Trump survived an apparent assassination attempt on Sunday after the FBI foiled an apparent assassination attempt while he was playing golf at his course in West Palm Beach, Florida. Secret Service agents spotted a gunman in the bushes…
-
Asia stocks on tenterhooks as Fed faces crunch time By Reuters
•
By Wayne Cole SYDNEY (Reuters) – Asian shares opened cautiously on Monday in a week that is almost certain to see the start of a U.S. easing cycle, with the only question mark being the size of the cuts as markets were divided over the likelihood of a major move.…
-
NZ’s Auckland Intl Airport to raise $861.8 million, signs contract to build new terminal By Reuters
•
(Reuters) – New Zealand’s Auckland International Airport said on Monday it would raise NZ$1.4 billion ($861.8 million) for a planned capital investment programme. The company said the share raising consists of a NZ$1.2 billion underwritten offering and an unsubscribed retail offering to raise up to NZ$200 million. The stock was…
-
Russian bomb injures at least 30 civilians in Ukraine’s Kharkiv, officials say By Reuters
•
KIEV (Reuters) – At least 30 people, including three children, were injured when a Russian guided bomb hit a high-rise apartment building in Kharkiv in northeastern Ukraine on Sunday. Ukrainian President Volodymyr Zelensky said on Telegram: “Rescue operations in Kharkiv continue. Russian airstrike. An ordinary multi-storey residential building was damaged.…
-
Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1 billion By Reuters
•
(Reuters) – U.S. aluminum company Alcoa Saudi Aramco (NYSE:) said on Sunday it will sell a 25.1% stake in its joint venture with Saudi Arabian Mining Co. (Maaden) for $1.1 billion. Alcoa said in a statement that the deal includes approximately 86 million Maaden shares and $150 million in cash,…
-
US committed to Bangladesh’s economic growth, to give $202 million more in aid By Reuters
•
Written by Roma Paul DHAKA (Reuters) – The United States is committed to supporting inclusive economic growth, institution building and development in Bangladesh and will provide an additional $202 million in aid, a U.S. mission said on Sunday during a visit to Dhaka. The six-member delegation, led by Treasury Under…
-
Insight Partners closes in on new $10 billion fund, FT reports By Reuters
•
(Reuters) – Private equity firm Insight Partners is close to closing a new fund worth more than $10 billion, roughly half the amount originally targeted, the Financial Times reported on Sunday, citing five people familiar with the firm’s plans. The report said Insight will not officially close its 13th fund…
-
Air Canada reaches last-minute agreement with pilots union, averting strike By Reuters
•
Written by Jnaneshwar Rajan Air Canada said early Sunday it had reached a tentative agreement with its pilots’ union on a new four-year collective agreement, a last-minute deal that could avert a strike or lockout in the near term. Before the tentative agreement was reached, Canada’s largest airline was preparing…
-
Missile fired from Yemen set off sirens in central Israel, military says By Reuters
•
JERUSALEM (Reuters) – A surface-to-surface rocket fired at central Israel from Yemen landed in an unpopulated area without causing casualties, the Israeli military said on Sunday. Moments earlier, air raid sirens sounded in Tel Aviv and central Israel, sending residents running for cover. “Following the sirens that sounded a short…
-
Boeing strike could drag on as workers push for higher wages, union leader says By Reuters
•
SEATTLE (Reuters) – The strike at Boeing Co. “could go on for a while” as workers feel confident they can get bigger pay raises and better pensions, union leader John Holden said in an interview with National Public Radio on Saturday. More than 30,000 members of the International Association of…
-
Boeing strike could drag on as workers push for higher wages, union leader says By Reuters
•
SEATTLE (Reuters) – The strike at Boeing Co. “could go on for a while” as workers feel confident they can get bigger pay raises and better pensions, union leader John Holden said in an interview with National Public Radio on Saturday. More than 30,000 members of the International Association of…
-
Samsung India strike puts spotlight on powerful Indian labour group By Reuters
•
Written by Monsef Vengatil and Praveen Paramasivam CHENNAI (Reuters) – A strike by workers in India that has disrupted production at a Samsung plant has put the spotlight on a politically backed labour group that has quietly rallied the South Korean company’s employees and is now planning to expand its…
-
French women rally to support Gisele Pelicot, woman at the centre of a mass rape trial By Reuters
•
PARIS (Reuters) – Hundreds of people, mostly women, rallied in cities across France on Saturday in support of Gisèle Bellecote, whose husband is on trial for drugging her and recruiting dozens of strangers to rape her in a case that has shocked the country. Feminist groups called for some 30…