European shares snap five-day losing streak as miners gain
By Bansari Mayur Kamdar and Shubham Batra (Reuters) -European shares snapped a five-day losing streak to edge higher on Thursday after a jump in mining stocks, while German inflation rose…
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By Bansari Mayur Kamdar and Shubham Batra (Reuters) -European shares snapped a five-day losing streak to edge higher on Thursday after a jump in mining stocks, while German inflation rose…
By Conor Humphries and Sergio Goncalves DUBLIN (Reuters) -Ryanair announced cuts to its winter schedule on Thursday due to delays in the delivery of Boeing aircraft, but Europe’s largest airline…
By David Shepardson WASHINGTON (Reuters) – United Airlines on Thursday said it will improve air travel for passengers using wheelchairs under an agreement with the U.S. Transportation Department following a…
ROME (Reuters) – Italy on Thursday signed off a deal with distributors’ associations to try to control the prices of essential goods in the last quarter of this year, though…
By Pete Schroeder WASHINGTON (Reuters) -The leadership of Silicon Valley Bank and its government supervisors failed to quickly recognize risks looming in the firm before its March failure, according to…
By Supantha Mukherjee and Divya Rajagopal STOCKHOLM/TORONTO (Reuters) – Swedish lithium-ion battery producer Northvolt said on Thursday it would open a $5.2 billion gigafactory in Quebec, the largest ever investment…
By Brian Benza GABORONE (Reuters) -Botswana’s government is reassessing a proposed deal with HB Antwerp after Lucara Diamond terminated its sales agreement with the Belgian gem trader, citing financial irregularities,…
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices surged 3% on Wednesday to the highest settlement in 2023, after a steep drop in U.S. crude stocks compounded worries of tight…
SHANGHAI (Reuters) -Nio has held exploratory talks with Mercedes-Benz for a tie-up that would see the German automaker invest in the Chinese electric vehicle startup in exchange for technology, two…
By Nathan Gomes (Reuters) -CarMax on Thursday posted a lower-than-expected quarterly profit, hurt by weakening demand for preowned vehicles, sending the used-car retailer’s shares down nearly 10%. Preowned vehicles’ demand,…
By Niket Nishant and Lananh Nguyen (Reuters) -Jefferies Financial Group reported a smaller-than-expected third-quarter profit on Wednesday as lingering economic uncertainty kept dealmaking in check, but the firm said it…
(Reuters) -ChatGPT maker OpenAI is in advanced talks with former Apple designer Jony Ive and SoftBank’s Masayoshi Son to build the “iPhone of artificial intelligence”, fuelled by more than $1…
By Selena Li HONG KONG (Reuters) -HSBC is set to acquire Citigroup’s China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge of…
By David Shepardson, Joseph White DETROIT (Reuters) -The United Auto Workers union could strike additional Detroit Three automotive facilities on Friday if there is no serious progress in labor negotiations,…
By Kannaki Deka (Reuters) -AGCO Corp said on Thursday it would acquire an 85% stake in navigation products maker Trimble’s agribusiness for $2.0 billion in cash as the tractor and…
(Reuters) – PGA Tour said its planned merger with Saudi-backed LIV Golf and DP World Tour has garnered unsolicited interest from investors as it continues to finalise an agreement with…
By Amina Niasse NEW YORK (Reuters) – Contracts to buy U.S. existing homes fell more than expected in August, tumbling by the most in nearly a year as high mortgage…
By Clare Jim HONG KONG (Reuters) – Mingling with power brokers at celebrations to mark the centenary of the Chinese Communist Party on July 1, 2021, a beaming Hui Ka…
(Reuters) -Micron Technology’s first-quarter loss forecast has triggered concerns of a sluggish recovery in the memory chip maker’s end-markets such as data centers, sending its shares down over 5% in…
BERLIN (Reuters) -German inflation fell in September to its lowest level since Russia launched its full-scale invasion of Ukraine, signalling what could be the beginning of the end for the…
By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve may be on the cusp of “something rare” by lowering inflation without a major blow to jobs and growth, and…
(Reuters) – New vehicle sales in the United States are projected to rise for a sixth consecutive month in September on strong demand, according to an industry report, though the…
(Reuters) – Alternative investment firm Varde Partners has raised nearly $1.5 billion from institutional investors for asset-based lending through its Varde Asset Lending Fund II and related accounts and co-investments,…
(Reuters) -China Evergrande Group said on Thursday authorities have informed the embattled property developer that its chairman Hui Ka Yan has been subject to mandatory measures in accordance with the…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. economic activity was either even weaker or not as strong as previously estimated in each of the first quarters of 2020, 2021 and…