By Nell Mackenzie LONDON (Reuters) – Former Odey Asset Management (OAM) portfolio manager James Hanbury has taken short positions against private equity, which will likely struggle to finance and refinance …
business
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US and World News
Israeli military still looking into killing of Reuters journalist – spokesperson
by Reutersby ReutersJERUSALEM (Reuters) – Israel’s military is still looking into the killing of a Reuters journalist in Lebanon near the border with Israel, a spokesperson said on Tuesday. “The Reuters event, …
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US and World News
Hamas-appointed head of crossings in Gaza killed in Israeli air strike – Hamas radio
by Reutersby ReutersGAZA (Reuters) – The Hamas-appointed head of crossings in Gaza, Fouad Abu Btihan, and some of his relatives were killed in an Israeli air strike in Gaza on Tuesday, Hamas …
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Business News
Bank of Korea to hold base rate on Oct. 19, rate cut call pushed to Q2 2024 – Reuters poll
by Reutersby ReutersBy Anant Chandak BENGALURU (Reuters) – The Bank of Korea will keep its key policy rate unchanged for a sixth consecutive meeting on Oct. 19 but maintain a hawkish bias …
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Volkswagen brand cost-cutting plan running behind schedule – sources
by Reutersby ReutersBy Victoria Waldersee BERLIN (Reuters) – Volkswagen is running behind schedule in defining key measures of a planned 10 billion euro ($10.5 billion) cost-cutting drive for its namesake brand, two …
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Business News
Global smartphone market slumps to lowest Q3 level in decade – Counterpoint
by Reutersby Reuters(Reuters) – The global smartphone market contracted by 8% to its lowest third-quarter level in a decade on subdued demand for major brands including Apple and Samsung in most developed …
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Business News
U.S, EU business groups push for steel deal, minerals drive at summit
by Reutersby ReutersBy Philip Blenkinsop BRUSSELS (Reuters) – The largest U.S. and EU business federations urged leaders meeting for a summit on Friday to resolve a lingering dispute over Trump-era metals tariffs …
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S&P 500 rally in Q4 “more likely than not” despite headwinds – Morgan Stanley
by Reutersby Reuters(Reuters) – A rally in the S&P 500 in the fourth quarter of 2023 “is more likely than not”, Morgan Stanley’s Michael Wilson said in a note. Wilson and other …
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By Tetsushi Kajimoto and Satoshi Sugiyama TOKYO (Reuters) – Japan’s top financial diplomat said on Monday the yen was still perceived as a safe haven asset like the Swiss franc …
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US and World News
Israel killed 11 Palestinian journalists in Gaza since Oct 7 – Palestinian Journalists Syndicate
by Reutersby ReutersGAZA (Reuters) – Israel has killed 11 Palestinian journalists in air strikes in Gaza since Oct. 7, the Palestinian Journalists Syndicate said on Monday. (Reporting by Tala Ramadan and Nidal …
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Business News
South Korea plans to offer bigger tax refunds to foreign tourists – Finance Minister
by Reutersby ReutersSEOUL (Reuters) – South Korea is considering raising the maximum amount of tax refunds for foreign tourists on their domestic shopping, its finance minister said on Monday, to boost consumer …
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US and World News
Business heir Noboa declares victory in Ecuador presidential race
by Reutersby ReutersQUITO (Reuters) – Business heir Daniel Noboa on Sunday declared victory in Ecuador’s presidential race, after his rival, leftist Luisa Gonzalez, conceded. Noboa was tallying more than 52% of the …
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Business News
Honeywell sees steady demand for business jets over the next decade
by Reutersby ReutersBy Shivansh Tiwary (Reuters) – Global demand for new business jets is expected to stay strong over the next decade, Honeywell said on Sunday, as the engine maker projected deliveries …
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US and World News
US House speaker vote to be held Tuesday at noon – Democratic Rep. Clark
by Reutersby ReutersWASHINGTON (Reuters) – The U.S. House of Representatives will vote to choose a new speaker on Tuesday at approximately 12:00 p.m. (1600 GMT), No. 2 House Democrat Katherine Clark said …
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US and World News
Iranian FM says US will suffer ‘significant damages’ if Gaza war expands – Jazeera
by Reutersby Reuters(Reuters) – Iranian foreign minister Hossein Amirabdollahian said the United States will suffer “significant damages” if the Gaza war spirals into a bigger conflict, Al Jazeera reported on Sunday. “We …
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US and World News
FBI sees increase in threats since attacks in Israel – New York Times reporter
by Reutersby ReutersWASHINGTON (Reuters) – Federal Bureau of Investigation Director Chris Wray said the bureau has seen an increase in threats since last weekend’s attacks in Israel, according to a New York …
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US and World News
U.S. State Dept aware of 29 citizens dead and 15 missing – spokesperson
by Reutersby ReutersRIYADH (Reuters) – Twenty-nine citizens of the United States have perished in Hamas attacks in Israel, a U.S. State Department spokesperson confirmed on Saturday. Previously 27 had been confirmed dead …
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US and World News
US House Republicans choose Jim Jordan as speaker nominee – Rep. Stefanik
by Reutersby Reuters(Reuters) – U.S. House Republicans on Friday choose Congressman Jim Jordan as their nominee for speaker, Rep. Elise Stefanik said in a social media post. U.S. media outlets said the …
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WASHINGTON, D.C. – Detectives are searching for a man who broke into a business on the 7300 block of Georgia Avenue in Northwest Washington, D.C. The incident occurred on Monday …
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US and World News
Blinken tells Arab leaders ‘no more business as usual’ with Hamas
by Reutersby ReutersBy Humeyra Pamuk, Andrew Mills and Simon Lewis DOHA (Reuters) – U.S. top diplomat Antony Blinken is telling Middle Eastern leaders there can be “no more business as usual” with …
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US and World News
Suicide bombing at Shi’ite mosque kills 7 in northern Afghanistan -official
by Reutersby ReutersBy Mohammad Yunus Yawar KABUL (Reuters) -A suicide bombing ripped through a Shi’ite mosque in northern Afghanistan on Friday, killing at least seven worshippers, a government official said. “A blast …
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ECB policymakers eye springtime push to cut payments on banks’ deposits – sources
by Reutersby ReutersBy Balazs Koranyi MARRAKECH (Reuters) – European Central Bank policymakers are planning a springtime push to cut interest payments made to commercial banks, in part to recoup some of the …
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US and World News
Ukraine hit two Russian vessels in drone attacks – intelligence source
by Reutersby ReutersKYIV (Reuters) – Ukraine struck a Russian missile carrier and a patrol ship in separate attacks this week involving sea-borne drones carrying experimental weapons, a Ukrainian intelligence source said on …
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Business News
Country Garden founding family provides $300 million loan, selling jet – report
by Reutersby ReutersHONG KONG (Reuters) – The founding family of Country Garden recently loaned the embattled Chinese property developer $300 million interest free, and the family was also trying to sell its …
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Business News
Pakistan set to meet some key targets set by IMF – central bank chief
by Reutersby ReutersKARACHI, Pakistan (Reuters) – Pakistan’s central bank has met an end-September deadline for a forward book target of $4.2 billion agreed with the IMF, and is comfortably placed to meet …