By Ananya Mariam Rajesh (Reuters) – Coty on Tuesday raised its annual core sales forecast on the back of higher pricing and strong demand from customers who snapped up the …
Reuters
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By Manya Saini (Reuters) -Robinhood Markets missed Wall Street estimates for third-quarter revenue on Tuesday, weighed by a slowdown in trading activity, sending shares of the online brokerage down more …
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WASHINGTON (Reuters) -Shares of Spirit AeroSystems dropped 16% in extended trade after the company announced new measures meant to raise capital for the embattled aerospace supplier. The company announced a …
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By Svea Herbst-Bayliss NEW YORK (Reuters) – Alternative investment firm Cerberus Capital Management is now Frontier Communications Parent Inc’s second-largest stakeholder, with 10% in the telecommunications provider, and has held …
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By Karl Plume CHICAGO (Reuters) – China booked its largest single-day U.S. soybean purchases in at least three months on Tuesday, traders said, offering a glimmer of hope for the …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Wednesday should be well-placed to bounce back …
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By Deena Beasley (Reuters) -Drugmaker Gilead Sciences on Tuesday said its third-quarter sales were little changed from a year earlier, but earnings rose 21% due mainly to lower taxes. The …
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By Diane Bartz and Patrick Wingrove WASHINGTON (Reuters) -The U.S. Federal Trade Commission (FTC) on Tuesday said it sent letters to medical device companies and drugmakers, including AbbVie, AstraZeneca and …
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By Herbert Lash NEW YORK (Reuters) -The dollar gained and world shares pared losses on Tuesday, as stocks on Wall Street surged and investors assessed Federal Reserve commentary about a …
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(Reuters) – President Joe Biden on Thursday will meet with United Auto Workers President Shawn Fain and tout the decision of Chrysler-parent Stellantis to reopen a shuttered assembly plant in …
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BRUSSELS (Reuters) – Video sharing app TikTok and social media platform X both need to step up their efforts to counter illegal hate speech, European Commission Vice President Vera Jourova …
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By Karen Brettell NEW YORK (Reuters) – The U.S. dollar gained on Tuesday as a sharp selloff last week was seen as overdone in the short term, while the euro …
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By Pete Schroeder WASHINGTON (Reuters) -The U.S. regulator charged with overseeing the Federal Home Loan Banks said in a report on Tuesday the system is overdue for an overhaul in …
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BEIJING/SHANGHAI (Reuters) -Baidu ordered artificial intelligence chips from Huawei this year, two people familiar with the matter said, adding to signs that U.S. pressure is prompting Chinese acceptance of the …
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By Ann Saphir (Reuters) – Dallas Federal Reserve Bank President Lorie Logan on Tuesday said she supported leaving the Fed’s policy rate on hold last week to assess if financial …
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By Anton Bridge TOKYO (Reuters) – WeWork’s $3 billion debt for equity swap deal with its creditors marks the latest effort by top shareholder SoftBank to revive the troubled office-space …
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By Suzanne McGee (Reuters) – The weakening of a long-established correlation between the price of exchange-traded funds (ETFs) tied to gold and gold mining stocks have investors eyeing a range …
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By Howard Schneider and Lindsay Dunsmuir WASHINGTON (Reuters) -Third-quarter U.S. economic growth, at an annualized 4.9% rate, was a “blowout” performance that warrants watching as the Federal Reserve considers its …
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TOKYO (Reuters) – Japan’s real wages slipped in September for an 18th month, while consumer spending extended a months-long decline, with rising prices squeezing households’ purchasing power, and likely to …
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By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday that the Internal Revenue Service will be able to electronically accept 20 additional tax forms by …
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(Reuters) – Japanese drugmaker Eisai said on Tuesday it was targeting revenue of 10 billion yen ($66.5 million) from its recently approved Alzheimer’s drug, Leqembi, by March 2024. The company …
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By Shankar Ramakrishnan (Reuters) – It’s fear and greed in the fixed-income markets once again as traders bet the Federal Reserve is done raising interest rates, but aren’t quite sure …
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By Douglas Gillison and Hannah Lang WASHINGTON (Reuters) -The top U.S. consumer financial watchdog on Tuesday proposed to regulate tech giants’ digital payments and smartphone wallet services, saying they rival …
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By David Lawder WASHINGTON (Reuters) -The International Monetary Fund said on Tuesday its executive board approved a proposal for a 50% increase in quota resources to be contributed by member …
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(Reuters) – Federal Reserve Governor Michelle Bowman on Tuesday repeated her view that the U.S. central bank will likely need to raise short-term interest rates again, though for now she …