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…
Spirit AeroSystems resumes slide, sinks another 4%
By Valerie Insinna (Reuters) – Spirit AeroSystems shares continued their downward spiral on Thursday, dropping another 4% a day after the aerospace manufacturer disclosed major costs associated with a recent strike and…
Lumen Technologies shares slide after posting loss of nearly $9 billion
(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 the second quarter. Shares of the Monroe,…
UK retail sales slide at fastest pace in more than a year: CBI
LONDON (Reuters) – British retail sales fell in July at the fastest rate since April 2022 and stores are bracing for worse times ahead, with many chains cutting orders placed with suppliers,…
Emergency Slide Falls from Plane Over Chicago Neighborhood
CHICAGO, IL – A Chicago family experienced an unexpected and alarming lunchtime incident when an evacuation slide from an airplane fell and struck their house while the aircraft was approaching O’Hare International…
Strong US apartment construction suggests slide in rental costs
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 Federal Reserve’s effort to tame inflation even…
US probes United flight that lost evacuation slide before landing in Chicago
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 on Monday shortly before landing safely in…
Marketmind: Markets buoyant as US inflation, dollar slide
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets could not be in better spirits going into the latest…
Derivatives that track bonds at the heart of Credit Suisse rescue slide
LONDON (Reuters) – Derivatives that track the value of key bank debt fell sharply on Monday, after UBS agreed to rescue rival Credit Suisse, forcing a massive writedown of the latter’s additional…
Unisys, Bed Bath & Beyond slide after removal from small-cap index
NEW YORK (Reuters) – Shares of IT services firm Unisys Corp tumbled 16.7% on Monday and shares of embattled home goods retailer Bed Bath & Beyond Inc fell about 4% after it…
Nidec shares slide 7% after profit forecast cut
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 its full-year profit forecast on a slow…
U.S. existing-home sales to slide to 11-year low in 2023, NAR says
(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 housing market was still in a slow…
Analysis-Libya’s festering crisis risks slide back to war
By Angus McDowall (Reuters) – As its political stalemate festers, Libya risks sliding back towards civil war with diplomacy at a standstill, politicians thwarting progress towards elections and military leaders including eastern…
Grayscale Bitcoin Trust falls as cryptocurrencies slide again
(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 unraveling of crypto exchange FTX. Crypto investment…
Crypto stocks slide as FTX prepares for bankruptcy proceedings
(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 in the United States, triggering a potentially…
Qualcomm revenue forecast falls short as smartphone sales slump; shares slide
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 struggles with a slump in sales to…
Xerox shares slide as annual revenue, cash flow forecasts take a hit
(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 forecasts, blaming a stronger dollar and a…
China’s fiscal revenue growth speeds up, but land sales earnings slide
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 Tuesday, but declining government land sales revenue…
Political chaos tips British firms into deeper slide – PMIs
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 concerns about inflation and rising interest rates,…
U.S. yields slide from multi-year highs on hopes of Fed pivot
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 Reserve is likely to debate in two…
Chip stocks slide as Samsung, AMD expect steep fall in demand
(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 in demand for semiconductors could be much…
Analysis-Global metals volumes slide on recession fears, volatile markets
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 from higher interest rates to the war…
U.S. tech-focused hedge funds brace for heavy losses amid market slide
By Svea Herbst-Bayliss and Carolina Mandl NEW YORK (Reuters) – U.S. hedge funds that focus broadly on technology investments are bracing for heavy losses this year as gloomier economic data sparked a…
Japan July real wages continue to slide as rising consumer prices weigh
TOKYO (Reuters) – Japan’s real wages extended their slide to a fourth straight month in July, government data showed on Tuesday, as the biggest jump in consumer prices in more than seven…
How a 92-year-old cleric silently halted Iraq’s slide back into war
By John Davison, Parisa Hafezi and Laila Bassam BAGHDAD (Reuters) – When a pronouncement by a religious scholar in Iran drove Iraq to the brink of civil war last week, there was…
Manulife agent numbers in China, Vietnam slide on pandemic challenges, regulation
By Nichola Saminather TORONTO – Manulife Financial Corp saw the number of agents in its China and Vietnam businesses drop in the second quarter to the lowest since the fourth quarter of…
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