By Andrea Shalal MARRAKECH, Morocco (Reuters) – Senior executives at multilateral development banks will meet on Wednesday with the top credit ratings agencies, bank executives said, amid a broa[...]
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October 10, 2023
Birkenstock prices US IPO at $46 per share
By Anirban Sen and Echo Wang NEW YORK (Reuters) -German premium footwear maker Birkenstock Holding priced its U.S. initial public offering (IPO) at the middle of its indicated price range at $46 per s[...]
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Fed’s Daly: Risks of doing too much vs too little ‘roughly balanced’
(Reuters) – With U.S. inflation down from its peak, the risk of raising interest rates too little no longer far outweighs the risk of raising rates too much, San Francisco Federal Reserve Presid[...]
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Utah sues TikTok, claiming app has harmful impact on children
By David Shepardson (Reuters) – Utah sued Chinese-owned app TikTok on Tuesday, accusing it of harming children by intentionally keeping young users spending unhealthy amounts of time on the shor[...]
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Dovish Fed officials boost Wall Street as bond yields retreat
By Sinéad Carew and Shashwat Chauhan (Reuters) – Wall Street indexes closed higher on Tuesday, to notch their third straight day of gains, after dovish comments from U.S. Federal Reserve officia[...]
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California regulator proposes $45 million penalty for PG&E over 2021 Dixie fire
(Reuters) – The California Public Utilities Commission (CPUC) on Monday proposed a $45 million shareholder-funded penalty against Pacific Gas and Electric Company (PG&E) for its connections[...]
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Japan’s manufacturers’ sentiment weighed by overseas risks – Reuters Tankan
By Tetsushi Kajimoto TOKYO (Reuters) – Business morale at large Japanese manufacturers was subdued in October, although the services-sector mood edged up, the Reuters Tankan poll showed, as upbe[...]
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HP forecasts 2024 profit in line with estimates, boosts annual dividend
(Reuters) -HP Inc on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, reflecting stabilizing demand in the personal computers market. Companies such[...]
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Finland says ‘outside activity’ likely damaged gas pipeline, telecoms cable
By Anne Kauranen and Terje Solsvik HELSINKI (Reuters) -A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea have been damaged in what may have been[...]
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