BEIJING (Reuters) – Chinese real estate firm Wanda Properties International, a unit of conglomerate Dalian Wanda Group, said on Thursday it had received early consent approval from bondholders to extend…
By Suzanne McGee and Bansari Mayur Kamdar (Reuters) – Exchange-traded funds (ETFs) tracking U.S. retailers outpaced the broader stock market on Monday, with most posting gains amidst record holiday sales.…
By David Randall NEW YORK (Reuters) – An upcoming “economic soft patch” will likely weigh on the recent U.S. equity rally and stall sectors such as consumer discretionary and small-cap…
By Lewis Krauskopf NEW YORK (Reuters) – U.S. stocks are in a bull market and will post “solid” gains in 2024, even as returns are lower than this year, BMO…
NEW YORK – Mastercard SpendingPulse reported a 2.5% increase in U.S. retail sales on Black Friday compared to last year, excluding automotive sales. This figure, not adjusted for inflation, fell…
By Bansari Mayur Kamdar and Suzanne McGee (Reuters) – Exchange-traded funds (ETFs) tracking U.S. retailers moved higher in shortened trading hours on Black Friday, outpacing broader market indexes. While the…
By Ananta Agarwal and Nathan Gomes (Reuters) – U.S. steelmakers are on course to post higher profits in the first quarter of 2024 as prices spike from a scramble by…
‘A Marginal Bump’: Strategists Divided On Whether Democrats Will Make Big Gains Over Abortion In 2024 Arjun Singh on November 13, 2023 Democrats are seeking to register several abortion-related ballot…
A look at the day ahead in U.S. and global markets from Mike Dolan World markets are trying to calibrate last week’s steep rally in stocks and bonds – tempering…
A look at the day ahead in European and global markets from Vidya Ranganathan. Global stocks are having their strongest weekly rally in a year, global yields are sliding and…
MOSCOW (Reuters) – The Russian rouble weakened on Tuesday, pulling back after soaring to a three-month high past 92 to the dollar earlier in a volatile session, supported by high…
MOSCOW (Reuters) – The Russian rouble steadied near 97.5 to the dollar on Friday, locking in the hefty gains made in the previous session after President Vladimir Putin ordered the…
(Reuters) – Ukrainian forces made some headway in their drive southward as part of a gruelling counteroffensive to recapture areas seized by Russia in its 19-month-old invasion of its neighbour,…
By Matt Spetalnick and Steve Holland WASHINGTON (Reuters) – The Biden administration is pressing ahead with a concerted effort to strike a “grand bargain” in the Middle East that includes…
(Reuters) – Canada’s economy gained a net 39,900 jobs in August, largely in full-time work, and the jobless rate held at 5.5%, Statistics Canada data showed on Friday. Employment in…
LONDON (Reuters) – The euro rose against the dollar on Friday and euro zone bonds yields fell after data showed a big increase in the U.S. unemployment rate in August,…
(Reuters) – Hurricane Franklin is forecast to become the Atlantic’s first major hurricane of the season on Monday and is on track to pass close to Bermuda on Wednesday, the…
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks will eke out only marginal gains between now and year end, according to strategists in a Reuters poll on Wednesday, who…
By Lewis Krauskopf NEW YORK (Reuters) – As inflation worries ease, U.S. stocks may need a fresh source of fuel to propel further gains this year, investors said. Data released…
NEW YORK (Reuters) – Equity hedge funds ended July with gains of 7.83% so far this year, helped by technology, financials and energy stocks, data provider HFR said on Monday.…
By Svea Herbst-Bayliss NEW YORK (Reuters) – ValueAct Capital is reordering its management team and promoting long-time partner Robert Hale to co-chief executive alongside Mason Morfit as the investment firm…
NEW YORK (Reuters) – The U.S. economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to continued…
(Reuters) – Prudential Financial on Tuesday reported a 21.5% rise in second-quarter adjusted profit as the insurer’s U.S. unit benefited from a higher net investment spread and more favorable underwriting.…
By Eric Onstad LONDON (Reuters) – The price of uranium has risen only slightly since a military coup in Niger last week as mining operations have continued in the world’s…
JAKARTA (Reuters) – Indonesian Defence Minister Prabowo Subianto retains an early lead ahead of the 2024 presidential election, with an opinion poll on Sunday showing support for the ex-special forces…