Mexico inflation seen back on downward slide in early January: Reuters poll
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, a Reuters poll showed on Tuesday. Accelerating…
Traders boost bets on Fed rate cuts after producer prices slide
(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. government report pointed to less inflation in…
Exclusive-China’s state banks act to stem yuan slide onshore and offshore -sources
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 people with direct knowledge of the matter…
Marketmind: Oil’s slide bolsters rate-cut wagers
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 OPEC+ production cuts with a slump to…
Factbox-Chinese and other cobalt mines boosting output despite price slide
(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 to deter many Chinese-owned and other mines…
Julius Baer shares slide another 5% on Signa worries
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 than 20%, on fears over its exposure…
Marketmind: Oil slide, Walmart stoke disinflation speculation
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Asia has been in a contemplative mood so far on Friday after another…
Global dividends slide in Q3 as miners drag
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 making large cuts to investor remuneration, a…
Palladium’s slide accelerates on prospects for surplus next year
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 by expectations of surpluses due to the…
Beyond Meat struggles to rein in US faux meat demand slide
(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 in the United States. The company has…
Shares in Visa, Mastercard slide on expected Federal Reserve fee cap proposal
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 the fees banks can charge retailers for…
TSMC third-quarter profit to slide 30%, focus on how much growth to come
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 Thursday but analysts predict robust growth next…
Uniqlo owner set for 26% profit surge on China rebound, yen slide
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 reports results on Thursday, benefiting from a…
Retail investors flock to bond ETFs in third quarter as prices slide
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 since the…
Japan warns against post-Fed yen slide
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 spokesperson said on Thursday, issuing a fresh…
Planet Fitness shares slide after CEO steps down
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 gym operator announced that Chief Executive Chris…
Northern Trust shares slide after forecasting bigger drop in net interest income
By Chibuike Oguh NEW YORK (Reuters) – Shares of Northern Trust Corp fell by more than 9% to their lowest level in nearly a month on Tuesday after the custodian and asset…
NJ Wind Farm Company Stock Has Been on Slide Long Before This Week’s Crash
ATLANTIC CITY, NJ – Orsted, the Danish company building a controversial wind farm project off the cost of New Jersey is having financial problem and its stock is tumbling. This isn’t just…
US entertainment shares slide as Disney, Charter squabble over cable fees
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 were dragged down on Friday by a…
Vietnam August exports slide, but factory output improves
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 sixth straight month of decline as weak…
Hawaiian Electric shares sink on wildfire lawsuit, dividend pause, ratings cut
(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 over the financial health of the utility…
Codelco’s new CEO Alvarado tasked with finding fixes for copper slide
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 output from its lowest level in 25…
UK retail sales slide by most in over two years: CBI
LONDON (Reuters) – British retail sales fell in August at the fastest rate since March 2021 and most stores are expecting another tough month ahead, an industry survey showed on Thursday. The…
Dick’s Sporting shares slide as costs, inventory shrink slam annual profit outlook
(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 for the second quarter. The company said…
Hawaiian Electric shares slide more on Maui wildfires
(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 its equipment might have played in deadly…
Quotes- U.S. bank stocks slide after Moody’s ratings downgrade
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 revise the credit ratings of some of…
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