By Caroline Valetkevitch NEW YORK (Reuters) – The Dow and S&P 500 ended slightly lower on Tuesday as investors stayed worried the Federal Reserve will keep interest rates higher for longer a[...]
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August 22, 2023
Analysis-Lithium buyers eye cheaper early-stage deals in Australia
By Melanie Burton and Scott Murdoch MELBOURNE (Reuters) – Emerging Australian lithium companies are witnessing a surge in buyouts as their lower valuations and cash needs attract some of the wor[...]
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UK pay deals cool for first time in 2023, easing pressure on BoE: XpertHR
LONDON (Reuters) – Pay deals awarded by British employers cooled for the first time this year in the quarter to July, which may calm the worries of Bank of England officials who fear wage growth[...]
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Pressure to revive economy muddies earnings outlook for China’s top banks
By Ziyi Tang and Ryan Woo BEIJING (Reuters) -A scramble by Chinese policymakers to tackle a debt crisis in the property sector and shore up the economy is set to deal a blow to the earnings prospects[...]
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Analysis-Arm’s clients turn IPO into tug of war for chip influence
By Milana Vinn, Anirban Sen and Stephen Nellis NEW YORK/SAN FRANCISCO (Reuters) – A scramble among Arm Holdings Ltd’s clients, comprising the world’s biggest technology companies, to[...]
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Ex-CEO of Brazil’s Americanas says he did not expect to lead bankrupt firm
(Reuters) – The former head of Brazilian retailer Americanas quit two weeks into the job because he had not expected to take over a bankrupt firm, he told Brazilian lawmakers probing its $5 bill[...]
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Nvidia drops from record high, tracking market fall; AI bets support outlook
By Medha Singh (Reuters) – Nvidia shares fell from an all-time high on Tuesday, moving in line with the overall market sluggishness, but investors are still optimistic about quarterly results of[...]
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Ecuador extends contract with America Movil during renewal talks
By Alexandra Valencia QUITO (Reuters) – Ecuador’s government on Tuesday said it will extend its contract with Mexican telecommunications giant America Movil for a mobile phone concession u[...]
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NYSE suspends trading of WeWork warrants, to start delisting them
(Reuters) – The New York Stock Exchange (NYSE) has suspended trading in WeWork’s warrants due to “abnormally low” trading price levels and will initiate proceedings to delist t[...]
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