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China’s major state banks defend yuan as stock markets slide – sources

January 31, 2024 by Reuters
China's major state banks defend yuan as stock markets slide - sources - photo licensed by shore news network.

(Reuters) – China’s major state-owned banks were heavy sellers of dollars on Wednesday, three people with direct knowledge of their activity said, steadying the yuan … Read more

Categories In the News

Mexico inflation seen back on downward slide in early January: Reuters poll

January 23, 2024January 23, 2024 by Reuters
Mexico inflation seen back on downward slide in early january: reuters poll - photo licensed by shore news network.

MEXICO CITY (Reuters) – Mexican headline inflation likely eased in the first half of January after ticking up for the past four consecutive half-month periods, … Read more

Categories In the News

Wall Street’s ‘fear gauge’ hits two-month high as stocks slide

January 17, 2024January 17, 2024 by Reuters
Wall street's 'fear gauge' hits two-month high as stocks slide - photo licensed by shore news network.

By Saqib Iqbal Ahmed NEW YORK (Reuters) – A decline in U.S. stocks sent Wall Street’s “fear gauge” to a two-month high on Wednesday, as … Read more

Categories In the News

TSMC’s Q4 profit to slide 23%, focus on rebounding demand this year

January 15, 2024 by Reuters
Tsmc's q4 profit to slide 23%, focus on rebounding demand this year - photo licensed by shore news network.

TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth … Read more

Categories In the News

Traders boost bets on Fed rate cuts after producer prices slide

January 12, 2024 by Reuters
Traders boost bets on fed rate cuts after producer prices slide - photo licensed by shore news network.

(Reuters) – Traders on Friday priced in a bigger chance that the Federal Reserve will deliver more monetary policy easing this year after a U.S. … Read more

Categories In the News

Exclusive-China’s state banks act to stem yuan slide onshore and offshore -sources

January 5, 2024 by Reuters
Exclusive-china's state banks act to stem yuan slide onshore and offshore -sources - photo licensed by shore news network.

SHANGHAI/BEIJING (Reuters) – China’s major state-owned banks were active in onshore and offshore foreign exchange markets this week trying to contain the yuan’s slide, four … Read more

Categories In the News

Marketmind: Oil’s slide bolsters rate-cut wagers

December 7, 2023December 7, 2023 by Reuters
Marketmind: oil's slide bolsters rate-cut wagers - photo licensed by shore news network.

A look at the day ahead in European and global markets from Tom Westbrook Oil prices defied worries over war in the Middle East and … Read more

Categories In the News

Factbox-Chinese and other cobalt mines boosting output despite price slide

December 6, 2023 by Reuters
Factbox-chinese and other cobalt mines boosting output despite price slide - photo licensed by shore news network.

(Reuters) – A fall in the price of cobalt, a silvery-blue metal used in electric vehicle (EV) batteries, electronics and the defence sector, has yet … Read more

Categories In the News

Julius Baer shares slide another 5% on Signa worries

November 28, 2023 by Reuters
Julius baer shares slide another 5% on signa worries - photo licensed by shore news network.

ZURICH (Reuters) – Wealth manager Julius Baer’s shares slumped another 5% on Tuesday, bringing its total decline since the start of last week to more … Read more

Categories In the News

Marketmind: Oil slide, Walmart stoke disinflation speculation

November 17, 2023 by Reuters
Marketmind: oil slide, walmart stoke disinflation speculation - photo licensed by shore news network.

By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Asia has been in a contemplative … Read more

Categories In the News

Global dividends slide in Q3 as miners drag

November 15, 2023 by Reuters
Global dividends slide in q3 as miners drag - photo licensed by shore news network.

MILAN (Reuters) – Global dividends fell 0.9% to $421.9 billion in the third quarter due to lower special dividends and a small number of corporations … Read more

Categories In the News

Palladium’s slide accelerates on prospects for surplus next year

November 10, 2023 by Reuters
Palladium's slide accelerates on prospects for surplus next year - photo licensed by shore news network.

By Brijesh Patel and Ashitha Shivaprasad (Reuters) – Palladium prices have tumbled to five-year lows below $1,000 an ounce this week, hastening a retreat triggered … Read more

Categories In the News

Beyond Meat struggles to rein in US faux meat demand slide

November 9, 2023November 8, 2023 by Reuters
Beyond meat struggles to rein in us faux meat demand slide - photo licensed by shore news network.

(Reuters) -Beyond Meat missed market expectations for quarterly revenue and posted a wider-than-expected loss on Wednesday, hurt by relentless weakness in demand for plant-based meat … Read more

Categories Breaking News, In the News

Shares in Visa, Mastercard slide on expected Federal Reserve fee cap proposal

October 18, 2023 by Reuters
Shares in visa, mastercard slide on expected federal reserve fee cap proposal - photo licensed by shore news network.

By Pete Schroeder WASHINGTON (Reuters) – Shares in Visa and Mastercard slid on Wednesday on news the U.S. Federal Reserve is expected to propose lowering … Read more

Categories In the News

TSMC third-quarter profit to slide 30%, focus on how much growth to come

October 17, 2023October 16, 2023 by Reuters
Tsmc third-quarter profit to slide 30%, focus on how much growth to come - photo licensed by shore news network.

By Sarah Wu and Ben Blanchard TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 30% slump in third-quarter profit on … Read more

Categories Business News

Uniqlo owner set for 26% profit surge on China rebound, yen slide

October 11, 2023 by Reuters
Uniqlo owner set for 26% profit surge on china rebound, yen slide - photo licensed by shore news network.

By Rocky Swift TOKYO (Reuters) – The Japanese operator of global clothing chain Uniqlo is expected to blow past last year’s record profit when it … Read more

Categories Business News

Retail investors flock to bond ETFs in third quarter as prices slide

September 29, 2023September 29, 2023 by Reuters
Retail investors flock to bond etfs in third quarter as prices slide - photo licensed by shore news network.

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 … Read more

Categories Business News

Japan warns against post-Fed yen slide

September 20, 2023 by Reuters
Japan warns against post-fed yen slide - photo licensed by shore news network.

By Satoshi Sugiyama and Leika Kihara TOKYO (Reuters) – Japan won’t rule out any options in addressing excess volatility in currency markets, the government’s top … Read more

Categories Business News

Planet Fitness shares slide after CEO steps down

September 15, 2023September 15, 2023 by Reuters
Planet fitness shares slide after ceo steps down - photo licensed by shore news network.

By Chibuike Oguh NEW YORK (Reuters) – Shares of Planet Fitness Inc fell as much as 16% to a three-year low on Friday after the … Read more

Categories Business News

Northern Trust shares slide after forecasting bigger drop in net interest income

September 12, 2023 by Reuters
Northern trust shares slide after forecasting bigger drop in net interest income - photo licensed by shore news network.

By Chibuike Oguh NEW YORK (Reuters) – Shares of Northern Trust Corp fell by more than 9% to their lowest level in nearly a month … Read more

Categories Business News

NJ Wind Farm Company Stock Has Been on Slide Long Before This Week’s Crash

September 1, 2023 by Conservative Times
Nj wind farm company stock has been on slide long before this week's crash - photo licensed by shore news network.

ATLANTIC CITY, NJ – Orsted, the Danish company building a controversial wind farm project off the cost of New Jersey is having financial problem and … Read more

Categories Breaking News

US entertainment shares slide as Disney, Charter squabble over cable fees

September 1, 2023September 1, 2023 by Reuters
Us entertainment shares slide as disney, charter squabble over cable fees - photo licensed by shore news network.

By Chibuike Oguh and Bansari Mayur Kamdar NEW YORK (Reuters) – Shares of several U.S. entertainment companies including Fox Corp and Warner Brothers Discovery Inc … Read more

Categories Business News

Vietnam August exports slide, but factory output improves

August 29, 2023August 29, 2023 by Reuters
Vietnam august exports slide, but factory output improves - photo licensed by shore news network.

By Khanh Vu and Phuong Nguyen HANOI (Reuters) -Vietnam’s exports in August fell 7.6% from a year earlier, official data showed on Tuesday, making a … Read more

Categories Business News

Hawaiian Electric shares sink on wildfire lawsuit, dividend pause, ratings cut

August 25, 2023 by Reuters

(Reuters) -Hawaiian Electric shares on Friday plunged to their lowest level since 1984 as a lawsuit alleging negligence leading to Maui wildfires raised investor worries … Read more

Categories Business News

Codelco’s new CEO Alvarado tasked with finding fixes for copper slide

August 25, 2023August 25, 2023 by Reuters
Codelco's new ceo alvarado tasked with finding fixes for copper slide - photo licensed by shore news network.

By Fabian Cambero SANTIAGO (Reuters) – Chilean state mining giant Codelco’s incoming chief executive Ruben Alvarado has a mammoth task ahead of him: boosting copper … Read more

Categories Business News

UK retail sales slide by most in over two years: CBI

August 24, 2023 by Reuters
Uk retail sales slide by most in over two years: cbi - photo licensed by shore news network.

LONDON (Reuters) – British retail sales fell in August at the fastest rate since March 2021 and most stores are expecting another tough month ahead, … Read more

Categories Business News

Dick’s Sporting shares slide as costs, inventory shrink slam annual profit outlook

August 22, 2023 by Reuters
Dick's sporting shares slide as costs, inventory shrink slam annual profit outlook - photo licensed by shore news network.

(Reuters) – Dick’s Sporting Goods shares slumped as much as 24.5% on Tuesday as the footwear retailer slashed its full-year profit target after missing expectations … Read more

Categories Business News

Hawaiian Electric shares slide more on Maui wildfires

August 17, 2023August 17, 2023 by Reuters

(Reuters) -Shares of Hawaiian Electric Industries extended recent losses on Thursday, briefly hitting their lowest since 1985, as the utility faced questions about the role … Read more

Categories US and World News

Quotes- U.S. bank stocks slide after Moody’s ratings downgrade

August 8, 2023 by Reuters
Quotes- u. S. Bank stocks slide after moody's ratings downgrade - photo licensed by shore news network.

By Nupur Anand NEW YORK (Reuters) – U.S. bank shares slid on Tuesday after Moody’s downgraded several small to mid-sized banks and said it may … Read more

Categories Business News

Spirit AeroSystems resumes slide, sinks another 4%

August 3, 2023August 3, 2023 by Reuters
Spirit aerosystems resumes slide, sinks another 4% - photo licensed by shore news network.

By Valerie Insinna (Reuters) – Spirit AeroSystems shares continued their downward spiral on Thursday, dropping another 4% a day after the aerospace manufacturer disclosed major … Read more

Categories Business News

Lumen Technologies shares slide after posting loss of nearly $9 billion

August 1, 2023August 1, 2023 by Reuters
Lumen technologies shares slide after posting loss of nearly $9 billion - photo licensed by shore news network.

(Reuters) – Lumen Technologies reported a massive quarterly net loss of $8.74 billion on Tuesday, hurt by an impairment charge of nearly $9 billion in … Read more

Categories Business News

UK retail sales slide at fastest pace in more than a year: CBI

July 27, 2023July 27, 2023 by Reuters
Uk retail sales slide at fastest pace in more than a year: cbi - photo licensed by shore news network.

LONDON (Reuters) – British retail sales fell in July at the fastest rate since April 2022 and stores are bracing for worse times ahead, with … Read more

Categories Business News

Emergency Slide Falls from Plane Over Chicago Neighborhood

July 23, 2023 by Ryan Dickinson
Emergency slide falls from plane over chicago neighborhood - photo licensed by shore news network.

CHICAGO, IL – A Chicago family experienced an unexpected and alarming lunchtime incident when an evacuation slide from an airplane fell and struck their house … Read more

Categories Breaking News, Chicago News, Weird and Strange News

Strong US apartment construction suggests slide in rental costs

July 19, 2023 by Reuters
Strong us apartment construction suggests slide in rental costs - photo licensed by shore news network.

By Safiyah Riddle (Reuters) – A surge in U.S. rental home construction could soften rent prices in the months ahead, a much-awaited milestone in the … Read more

Categories Business News

US probes United flight that lost evacuation slide before landing in Chicago

July 17, 2023July 17, 2023 by Reuters

By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said it was investigating a United Airlines Boeing 767-300 flight that lost an emergency evacuation slide … Read more

Categories US and World News

Marketmind: Markets buoyant as US inflation, dollar slide

July 12, 2023July 12, 2023 by Reuters
Marketmind: markets buoyant as us inflation, dollar slide - photo licensed by shore news network.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets could not be … Read more

Categories Business News

Derivatives that track bonds at the heart of Credit Suisse rescue slide

March 20, 2023 by Reuters
Derivatives that track bonds at the heart of credit suisse rescue slide - photo licensed by shore news network.

LONDON (Reuters) – Derivatives that track the value of key bank debt fell sharply on Monday, after UBS agreed to rescue rival Credit Suisse, forcing … Read more

Categories Business News

Unisys, Bed Bath & Beyond slide after removal from small-cap index

March 6, 2023 by Reuters
Unisys, bed bath & beyond slide after removal from small-cap index - photo licensed by shore news network.

NEW YORK (Reuters) – Shares of IT services firm Unisys Corp tumbled 16.7% on Monday and shares of embattled home goods retailer Bed Bath & … Read more

Categories Business News

Nidec shares slide 7% after profit forecast cut

January 24, 2023 by Reuters
Nidec shares slide 7% after profit forecast cut - photo licensed by shore news network.

TOKYO (Reuters) – Shares in Japan’s Nidec Corp slumped as much as 7% on Wednesday morning in Tokyo after the electric motor maker nearly halved … Read more

Categories Business News

U.S. existing-home sales to slide to 11-year low in 2023, NAR says

December 13, 2022December 13, 2022 by Reuters
U. S. Existing-home sales to slide to 11-year low in 2023, nar says - photo licensed by shore news network.

(Reuters) – Sales of previously owned U.S. homes will fall for a second year in 2023 to their lowest annual total since 2012 when the … Read more

Categories Business News

Analysis-Libya’s festering crisis risks slide back to war

November 17, 2022 by Reuters
Analysis-libya's festering crisis risks slide back to war - photo licensed by shore news network.

By Angus McDowall (Reuters) – As its political stalemate festers, Libya risks sliding back towards civil war with diplomacy at a standstill, politicians thwarting progress … Read more

Categories US and World News

Grayscale Bitcoin Trust falls as cryptocurrencies slide again

November 16, 2022 by Reuters
Grayscale bitcoin trust falls as cryptocurrencies slide again - photo licensed by shore news network.

(Reuters) – Grayscale Bitcoin Trust, the world’s largest bitcoin fund, fell almost 7% on Wednesday, as investors dumped more digital assets after last week’s high-profile … Read more

Categories Business News

Crypto stocks slide as FTX prepares for bankruptcy proceedings

November 11, 2022November 11, 2022 by Reuters
Crypto stocks slide as ftx prepares for bankruptcy proceedings - photo licensed by shore news network.

(Reuters) – Shares of cryptocurrency and blockchain-related firms dropped on Friday after FTX, one of the biggest crypto exchanges, said it would initiate bankruptcy proceedings … Read more

Categories Business News

Qualcomm revenue forecast falls short as smartphone sales slump; shares slide

November 2, 2022November 2, 2022 by Reuters
Qualcomm revenue forecast falls short as smartphone sales slump; shares slide - photo licensed by shore news network.

By Chavi Mehta and Jane Lanhee Lee (Reuters) -Qualcomm Inc’s forecast for holiday-quarter revenue fell about $2 billion short of Street estimates, as the chipmaker … Read more

Categories US and World News

Xerox shares slide as annual revenue, cash flow forecasts take a hit

October 25, 2022 by Reuters
Xerox shares slide as annual revenue, cash flow forecasts take a hit - photo licensed by shore news network.

(Reuters) – Xerox Holdings Inc’s shares plunged about 25% to 13-year lows on Tuesday after the photocopy maker slashed its annual revenue and cash flow … Read more

Categories US and World News

China’s fiscal revenue growth speeds up, but land sales earnings slide

October 25, 2022 by Reuters
China's fiscal revenue growth speeds up, but land sales earnings slide - photo licensed by shore news network.

BEIJING (Reuters) – China’s fiscal revenue growth picked up pace in September from a month earlier, according to Reuters calculations based on official data on … Read more

Categories US and World News

Political chaos tips British firms into deeper slide – PMIs

October 24, 2022 by Reuters
Political chaos tips british firms into deeper slide - pmis - photo licensed by shore news network.

LONDON (Reuters) -British businesses are suffering their worst month since January 2021, when they were under a COVID-19 lockdown, as the country’s political upheavals compound … Read more

Categories US and World News

U.S. yields slide from multi-year highs on hopes of Fed pivot

October 21, 2022October 21, 2022 by Reuters
U. S. Yields slide from multi-year highs on hopes of fed pivot - photo licensed by shore news network.

By Herbert Lash and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. Treasury yields fell from multi-year highs on Friday after a report suggesting the Federal … Read more

Categories US and World News

Chip stocks slide as Samsung, AMD expect steep fall in demand

October 7, 2022October 7, 2022 by Reuters
Chip stocks slide as samsung, amd expect steep fall in demand - photo licensed by shore news network.

(Reuters) – Dire forecasts from Samsung Electronics Co Ltd and Advanced Micro Devices Inc sent chip-related shares lower on Friday, sparking fears that a slump … Read more

Categories US and World News

Analysis-Global metals volumes slide on recession fears, volatile markets

October 3, 2022 by Reuters
Analysis-global metals volumes slide on recession fears, volatile markets - photo licensed by shore news network.

By Eric Onstad and Mai Nguyen LONDON/HANOI (Reuters) – Industrial metal trading volumes have fallen across the world and may slide further as economic threats … Read more

Categories US and World News
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