(Reuters) -The Teamsters union said on Tuesday it has reached a tentative agreement with about 1,100 DHL Express workers at the delivery company’s main U.S. air hub, ending a 12-day strike that[...]
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December 20, 2023
Analysis-US and China remain top credit ratings to watch in 2024
By Marc Jones LONDON (Reuters) – The U.S. and China on downgrade warnings, Turkey hoping for its first upgrade in a decade and Israel facing its first cut – plus more than 50 elections to[...]
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Diageo faces fight to regain investor confidence as Mexican sales slow
By Emma Rumney and Isabel Woodford LONDON/MEXICO CITY (Reuters) -Diageo faces a battle to win back some investors’ trust following last month’s profit warning as the Johnnie Walker whisky[...]
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Dovish policy signals keep stocks climbing
(Corrects date of PCE deflator to Friday instead of Thursday in paragraph 10) A look at the day ahead in European and global markets from Kevin Buckland Dovish policy signals from opposite sides of th[...]
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Toshiba delisted after 74 years, faces future with new owners
By Anton Bridge TOKYO (Reuters) – Toshiba was delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of Japan’s bigges[...]
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As golden age for private capital ends, 2024 heralds more consolidation
By Andres Gonzalez and Pablo Mayo Cerqueiro LONDON (Reuters) – The last 12 months have been some of the most challenging in the buyout industry’s recent history, as private capital fundrai[...]
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S&P places Nippon Steel on negative credit watch after U.S. Steel deal
(Reuters) – Ratings agency S&P on Wednesday placed its ‘BBB+’ long-term issuer credit rating on Nippon Steel Corp on negative credit watch after it clinched a deal to buy U.S. St[...]
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FedEx profit misses, cuts full-year revenue forecast; shares sink
By Lisa Baertlein and Priyamvada C (Reuters) -FedEx cut its full-year revenue forecast and reported quarterly profit that fell far short of analysts’ targets on Tuesday, sending shares tumbling[...]
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Mexico’s main farm lobby flags huge bridge closure impact
MEXICO CITY (Reuters) -The prolonged closure of two major U.S.-Mexico rail bridges vital to cross-border trade worth billions of dollars will cause “huge losses,” top Mexican farm lobby CN[...]
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