By Lucia Mutikani (Reuters) -U.S. consumer spending rose moderately in October, while the annual increase in inflation was the smallest in more than 2-1/2 years, signs of cooling demand that bolstered[...]
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November 30, 2023
Robinhood opens in UK with low-cost US trading to woo clients
By Sinead Cruise LONDON (Reuters) -Trading app operator Robinhood Markets Inc. said on Thursday it would roll out brokerage services in Britain, as part of an international expansion plan to “de[...]
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Analysts at China’s CICC told not to publish bearish views, wear luxury items -memo
HONG KONG (Reuters) – China International Capital Corp (CICC), the country’s third-largest investment bank by market value, has told analysts not to publish bearish views on China’s[...]
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GM sees EV cost cuts as it looks to profit from green vehicles -CFO
By David Shepardson WASHINGTON (Reuters) – General Motors said on Thursday it expects significant reductions in electric vehicle production costs in 2024 as it boosts output of higher-profit mod[...]
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Ford targets ‘meaningful changes’ in cost and quality -CFO
(Reuters) – Ford Motor Co is intensely focused on reducing costs across the business, from commodities, labor and warranties to the design of its third-generation electric vehicles, a top execut[...]
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Italy’s competition watchdog stops Intesa moving clients to mobile bank
MILAN (Reuters) -Italy’s competition authority on Thursday said it had told the country’s biggest bank Intesa Sanpaolo to halt the proposed transfer of 2.4 million customers to its new mob[...]
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Okta says hackers stole data for all customer support users in cyber breach
(Reuters) – Okta said on Tuesday that hackers stole information on all users of its customer support system in a network breach two months ago. The San Francisco-based company notified customers[...]
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GraniteShares plans to boost leverage levels on US single-stock ETFs
By Suzanne McGee (Reuters) – GraniteShares plans to increase the amount of leverage on most of its single-stock exchange-traded funds (ETFs) to 200%, allowing investors to make bigger bets on da[...]
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Peugeot Invest to update valuation of its stake in Signa end 2023
PARIS (Reuters) – Peugeot Invest, one of the main shareholders of carmaker Stellantis, said on Thursday it will update at the end of the year the valuation of its stake in Signa, the property an[...]
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