MILAN (Reuters) – Italian utility Enel said on Thursday it would build a solar photovoltaic (PV) cell & panel manufacturing facility in the United States. The factory is expected to initiall[...]
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November 17, 2022
Kohl’s withdraws annual sales, profit forecasts
(Reuters) -Kohl’s Corp withdrew its 2022 sales and profit forecasts on Thursday, blaming an uncertain economic outlook and the departure of top boss Michelle Gass. Shares of the department store[...]
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Gobble, gobble, gulp! Food prices put the bite on U.S. Thanksgiving feast
By Howard Schneider WASHINGTON (Reuters) – Let the sticker shock begin: The upcoming U.S. Thanksgiving holiday, a time when families and friends typically celebrate with groaning sideboards, a s[...]
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Factbox-What are FTX’s investors saying?
(Reuters) -FTX, formerly one of the world’s largest crypto exchanges, is seeking new funding after a rush of customer withdrawals left it on the brink of collapse. Regulators froze some assets o[...]
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New G20 irritant for Biden: Restrictive U.S. electric vehicle tax subsidies
By David Lawder NUSA DUA, Indonesia (Reuters) – Electric vehicles (EVs) shuttled G20 delegations and security forces across the southern tip of Bali this week in a symbolic show of Indonesia[...]
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Analysis-U.S. banks to pounce on fintech deals as valuations plunge
By Saeed Azhar and David French NEW YORK (Reuters) – Financial technology companies, long seen as a threat by the likes of JPMorgan Chase & Co, are increasingly becoming acquisition targets[...]
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Foxconn hires over 100,000 workers for COVID-hit Chinese plant – Yicai
SHANGHAI (Reuters) – Apple supplier Foxconn has hit a hiring target of 100,000 new workers for its Zhengzhou plant in China, financial news outlet Yicai reported on Thursday, a milestone that co[...]
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Siemens stock surges after confident outlook and strong backlog
By John Revill ZURICH (Reuters) -Siemens shares surged on Thursday after the German technology and engineering group’s fourth quarter results beat forecasts and it gave a confident outlook about[...]
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Marketmind: Bear Hunt
A look at the day ahead in U.S. and global markets from Mike Dolan. With the Federal Reserve still talking tough on U.S. interest rates, world markets switched attention back to Britain as it unveils[...]
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