European shares end worst quarter in a year with minor gain
By Bansari Mayur Kamdar and Shubham Batra (Reuters) -European shares rose on Friday after a drop in euro zone inflation in September cemented hopes the European Central Bank will pause…
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By Bansari Mayur Kamdar and Shubham Batra (Reuters) -European shares rose on Friday after a drop in euro zone inflation in September cemented hopes the European Central Bank will pause…
(Reuters) – The United Auto Workers will walk off the job at an additional plant each at General Motors and Ford, but will spare Stellantis after last-minutes concessions by the…
By Padraic Halpin and Max A. Cherney LEIXLIP, Ireland (Reuters) -Chipmaker Intel said on Friday it had begun high-volume production using extreme ultraviolet (EUV) lithography machines at its $18.5 billion…
By Savyata Mishra (Reuters) -Nike shares climbed as much as 11% on Friday as the company further trimmed its inventory ahead of the all-important holiday shopping season and forecast improved…
By Bansari Mayur Kamdar (Reuters) – Investors continued piling into exchange-traded funds (ETFs) that track U.S. government debt in the third quarter, with retail investor flows hitting their highest level…
By Tatiana Bautzer NEW YORK (Reuters) – Citigroup CEO Jane Fraser said on Friday that top employees were on board with the company’s sweeping reorganization, and that there was “no…
(Reuters) – United Airlines’ pilots have ratified a new four-year contract that includes a significant pay increase and other benefits, the union representing the pilots said on Friday. A committee…
By Francesco Canepa and Maria Martinez FRANKFURT (Reuters) -Inflation in the euro zone fell to its lowest level in two years in September, suggesting the European Central Bank’s steady diet…
By Echo Wang and Pablo Mayo Cerqueiro NEW YORK/LONDON (Reuters) – Bankers and investors are embracing a degree of optimism for the IPO market following a slew of major market…
MEXICO CITY (Reuters) – Mexico’s main auto industry association on Friday urged Mexican authorities to step up efforts to work with the United States to deal with a “migration crisis”…
(Reuters) – Walgreens Boots Alliance Inc is considering former Cigna Group executive Tim Wentworth to be its next chief executive, Bloomberg News reported on Friday, citing people familiar with the…
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Friday charged Newell Brands and former CEO Michael Polk with misleading investors about sales. In a settlement, Newell and Polk,…
By Byron Kaye and Scott Murdoch SYDNEY (Reuters) – The blocking of three major deals by Australia’s antitrust regulator in the past year was a coincidence, its chair told Reuters,…
(Reuters) -Japan’s Sony Group Corp said on Friday a merger of its Indian unit with Zee Entertainment Enterprises, which had an initial deadline of September, would take a few more…
By Laura Matthews NEW YORK (Reuters) – Delays of vital economic data releases could trigger financial market volatility if a U.S government shutdown goes ahead this weekend and drags on…
By Jody Godoy (Reuters) – The U.S. Supreme Court on Friday agreed to consider whether shareholders can sue companies for fraud when they flout a rule requiring them to disclose…
WASHINGTON (Reuters) -Albemarle Corp will pay more than $218 million, including more than $103 million to financial regulators, to settle a U.S. probe into its scheme to bribe government officials…
By David Ljunggren OTTAWA (Reuters) -Canada’s economy stalled in July and edged up slightly in August, data showed on Friday, highlighting a recent sluggish performance that prompted markets to trim…
(Reuters) – U.S. equity funds witnessed robust outflows in the seven days to Sept. 27 on worries about a potential extension of the Federal Reserve’s restrictive monetary policy and a…
SAO PAULO (Reuters) – Brazil’s jobless rate dropped for the fifth consecutive rolling quarter in the three months ended in August, reaching its lowest since early 2015 as the labor…
(Reuters) – Fisker Inc has raised $150 million from an existing institutional investor through the issue of convertible bonds with an additional $550 million in funding available, the electric-vehicle startup…
PARIS (Reuters) -The Paris public prosecutor’s office confirmed on Friday that it is investigating financial transactions involving LVMH owner Bernard Arnault and Russian businessman Nikolai Sarkisov. It confirmed the opening…
(Repeats to additional subscribers) ZURICH (Reuters) -Credit Suisse has shed nearly 13% of its workforce in the past 12 months, underlining the turmoil at the bank that was taken over…
NEW YORK (Reuters) – U.S. consumer spending increased in August, but underlying inflation moderated, with the year-on-year rise in prices excluding food and energy slowing to below 4.0%. With gasoline…
By Darya Korsunskaya and Alexander Marrow (Reuters) – Russia’s annual budget spending on servicing its state debt will more than double to 3.32 trillion roubles ($34.24 billion) between now and…