Wealth Growth Daily

September 17, 2023

Bullock takes over at Australia central bank with soft landing in sight

BY Reuters  • September 17, 2023September 17, 2023
By Stella Qiu SYDNEY (Reuters) -When Michele Bullock takes over as the first woman to head Australia’s central bank on Monday, she inherits an economy with inflation moderating, employment stron[...]
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Arm’s stellar listing sets the stage for more SoftBank acquisitions

BY Reuters  • September 17, 2023September 17, 2023
By Anton Bridge TOKYO (Reuters) -The roaring success of Arm Holdings’ stock market debut makes it much easier for owner SoftBank Group to revert to its natural state – acquisition-hungry.[...]
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UAW strike against Detroit Three automakers enters third day

BY Reuters  • September 17, 2023September 17, 2023
By David Shepardson (Reuters) -The United Auto Workers strike against the Detroit Three automakers entered its third day on Sunday with no immediate resolution on the horizon. Union negotiators and re[...]
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Canada’s BMO to close indirect retail auto finance business, flags job losses

BY Reuters  • September 17, 2023September 17, 2023
By Nivedita Balu TORONTO (Reuters) – Bank of Montreal (BMO) is winding down its indirect retail auto finance business and shifting focus to other areas in a move that will result in an unspecifi[...]
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Marketmind: Clarion call for Bank of Japan clarity

BY Reuters  • September 17, 2023September 17, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The Bank of Japan’s policy meeting on Friday is the highlight of th[...]
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Lengthy UAW strike could buy GM time to address nagging EV issues

BY Reuters  • September 17, 2023September 17, 2023
By Paul Lienert DETROIT (Reuters) – General Motors is at greater risk than rivals Ford Motor and Stellantis of disruption to electric vehicle production from a prolonged UAW strike – thoug[...]
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DirecTV to temporarily restore Nexstar-owned stations

BY Reuters  • September 17, 2023September 17, 2023
(Reuters) – DirecTV and Nexstar have agreed to temporarily returnthe signals of the Nexstar-owned stations and national cable news network NewsNation to DirecTV, DirecTV Stream and U-verse, the[...]
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Ferrari renews partnership with Puma

BY Reuters  • September 17, 2023September 17, 2023
(Reuters) – Italian sportscar maker Ferrari on Sunday said that its racing division has renewed a partnership with German sports goods maker Puma. Scuderia Ferrari has renewed its multi-year par[...]
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China police detain some Evergrande wealth management staff

BY Reuters  • September 17, 2023September 17, 2023
BEIJING (Reuters) – Police in southern China have detained some staff at China Evergrande Group’s wealth management unit, suggesting a new investigation that could add to the property gian[...]
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