Wall St opens lower as rate-cut rally fizzles; FedEx slides
(Reuters) – Wall Street’s main indexes opened lower on Wednesday as investors took a breather from a rally that was sparked by the Federal Reserve’s likely pivot to a dovish policy, while…
Mexico’s Cemex Q3 profit slides on year-ago asset sales, as taxes bite
By Kylie Madry MEXICO CITY (Reuters) -Mexican cement-maker Cemex on Thursday reported a 75% slump in third-quarter profit, on a nearly five-fold rise in taxes and as hefty asset sales last year…
A tale of two central banks as Uruguay rises and Argentina slides
By Lucinda Elliott MONTEVIDEO (Reuters) – Diego Labat, Uruguay’s central bank chief, is sitting pretty. Inflation is at the lowest level in nearly two decades, the currency is one of the region’s…
Whirlpool profit slides as inflation hits appliance demand
(Reuters) – Whirlpool Corp reported a 29.5% slide in quarterly profit on Monday as persistent inflation hit consumer spending, weakening demand for its washing machines and kitchen appliances. Shares of the home…
WeightWatchers slides as top holder Artal Group exits
(Reuters) – Shares of WW International Inc, also known as WeightWatchers, slumped more than 12% before the bell on Thursday after the weight-loss program operator said its top shareholder Artal Group S.A.…
Med School Lectures Future Doctors On ‘Power’ Dynamics Between Different ‘Social Identities,’ Slides Reveal
Med School Lectures Future Doctors On ‘Power’ Dynamics Between Different ‘Social Identities,’ Slides Reveal Alexa Schwerha on May 9, 2023 A Washington University School of Medicine in St. Louis course trained students…
Global copper smelting slides to two-year low in April -satellite data
LONDON (Reuters) – Global copper smelting activity slid in April to the lowest level in two years as Chinese operations shut for maintenance and plants in North America slowed down, data from…
Sarepta slides as FDA about-turn on panel clouds gene therapy approval path
By Aditya Samal (Reuters) -Shares of Sarepta Therapeutics Inc slumped as much as 21% on Friday on uncertainty over its gene therapy for Duchenne muscular dystrophy after the U.S. health regulator reversed…
New slides and attractions unveiled at New Jersey’s largest waterpark
JACKSON, N.J. ─ Six Flags Great Adventure in Jackson Township is once again expanding. This time, the updates are at the Hurricane Harbor waterpark. The waterpark which was born years ago in…
Mexico’s Alsea profit slides as rising costs, exchange rate, taxes bite
MEXICO CITY (Reuters) -Mexican restaurant chain operator Alsea reported on Monday a 31% drop in its fourth-quarter net profit from a year earlier, hit by higher energy and raw materials costs and…
Iran’s currency slides to record low as savers buy dollars
DUBAI (Reuters) – Iran’s rial currency sank to a record low against the U.S. dollar on Saturday despite central bank measures aimed at cooling demand for foreign currency from savers worried about…
Russian rouble slides past 75 vs dollar to near 10-month low
MOSCOW (Reuters) – The Russian rouble fell past 75 to the dollar on Friday, extending a recent weakening trend sparked by embargoes on Russian oil products and the steady recovery of imports,…
Spanish factory output slides for 7th straight month in Jan -PMI
MADRID (Reuters) – Factory activity in Spain kept on shrinking in January even though inflationary pressures eased and business confidence strengthened, a survey showed on Wednesday. S&P Global’s Purchasing Managers’ Index (PMI)…
Russian rouble slides in first trade of the year
The Russian rouble weakened on Tuesday against the dollar and euro in the first session of the year in Moscow amid light trading volumes during public holidays in Russia. At 0705 GMT…
Faraday Future slides on signaling need for funds to start production
(Reuters) – Shares of Faraday Future Intelligent Electric tumbled 21% premarket on Friday after the company unveiled production plans for its much-delayed luxury electric car that hinged on securing additional financing. The…
U.S. accelerates Ukraine diplomacy as Europe slides into winter
By Humeyra Pamuk and Michelle Nichols WASHINGTON (Reuters) – Nearly ten months into the war in Ukraine, the Biden administration is intensifying diplomatic efforts to ensure that the transatlantic alliance that opposes…
Russian rouble slides past 62 vs dollar to over 2-week low
(Reuters) – The Russian rouble hit a more than two-week low against the dollar in early trade on Thursday, as global oil prices slipped after the Federal Reserve raised interest rates and…
Stay sidelined or scoop up stocks? Investors weigh choice as market slides
By Lewis Krauskopf NEW YORK (Reuters) – As a painful decline in markets drags on, investors are grappling with a difficult choice: stick with stocks and hope for a turnaround or avoid…
Swedish business, consumer sentiment slides further in September
STOCKHOLM (Reuters) – Sentiment among households and businesses in Sweden darkened further in September from an already low level, data from the NIER think tank showed on Wednesday. Consumer confidence fell to…
TSX falls by most in 3 months, C$ slides as oil rout weighs
By Fergal Smith TORONTO (Reuters) – Canada’s resource-heavy main stock index posted its biggest decline in more than three months on Friday and the Canadian dollar extended its recent decline as oil…
Japan PM Kishida faces pressure to ramp up spending as approval slides
By Leika Kihara TOKYO (Reuters) -Japan’s ruling party is ramping up calls for a fresh spending package worth at least $105 billion to cushion the blow from rising inflation, reinforcing fears that…
UK economy slides into contraction in August, PMI suggests
LONDON (Reuters) – Britain’s economy ended August on a much weaker footing than previously thought as overall business activity contracted for the first time since February 2021 in a clear signal of…
Sterling slides to post-pandemic low before new PM revealed
LONDON (Reuters) – Sterling plumbed a fresh post-pandemic low on Monday as Russia kept one of its main gas supply routes to Europe shut, adding to recession fears on the day that…
Japan warns of action as yen slides to 24-year low
By Tetsushi Kajimoto and Kantaro Komiya TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Friday that Tokyo will take “appropriate” action as needed on the yen’s slide to a fresh 24-year…
Burberry says U.S. demand for sneakers and slides fades
LONDON – British luxury brand Burberry said a drop in demand for footwear such as sneakers and slides drove a 4% fall in first-quarter like-for-like sales in the Americas. “We’ve had very…
Australia consumer sentiment slides further in July amid inflation gloom
SYDNEY – A measure of Australian consumer sentiment slid for an eighth straight month to match pandemic lows in July as the surging cost of living and rising interest rates darkened the…
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