(Reuters) – BlackRock on Thursday named Leigh Farris its global head of corporate communications, bolstering its ranks at a time when the asset management giant faces intense heat for its stance[...]
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January 4, 2024
Maersk reroutes Red Sea container ships back to Suez Canal
COPENHAGEN (Reuters) – Denmark’s Maersk said on Thursday it has rerouted four out of five container vessels that were stuck in the Red Sea back towards the Suez Canal and the long journey[...]
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RTX appoints insider Phil Jasper as Raytheon president
(Reuters) – U.S. aerospace and defense company RTX said on Thursday industry veteran Phil Jasper will become president of its Raytheon unit after Wesley Kremer retires at the end of the first qu[...]
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US senators urge Tesla, other automakers to stay neutral in union organizing
By David Shepardson WASHINGTON (Reuters) -A group of 33 senators on Thursday urged Tesla and 12 other automakers to remain neutral in ongoing efforts by the United Auto Workers (UAW) to organize U.S.[...]
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Marketmind: All eyes on U.S. employment report to set the tone
(Reuters) – A look at the day ahead in Asian markets by Alden Bentley, Americas Breaking News Editor for Finance & Markets Asian markets must wait over the weekend to trade on U.S. December[...]
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Global stocks stumble as yields rise on tight US labor market
By Herbert Lash NEW YORK (Reuters) – Bonds sold off and global equity markets failed to fully shake off New Year blues on Thursday after U.S. unemployment data indicated a resilient labor market[...]
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Short sellers lost $195 billion in 2023 bets against US, Canadian stocks -S3
By Carolina Mandl NEW YORK (Reuters) – Investors who bet against U.S. and Canadian stocks had paper losses of $194.9 billion last year following a sharp market rally, data provider S3 Partners R[...]
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Wall Street banks push back expected end of Fed balance sheet drawdown
By Michael S. Derby NEW YORK (Reuters) – Wall Street’s biggest banks shifted ahead of last month’s Federal Reserve meeting toward predicting the U.S. central bank would end its balan[...]
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Phillips 66 in talks for non-core assets sale: CEO
By Mrinalika Roy and Laura Sanicola (Reuters) -U.S. refiner and petrochemical manufacturer Phillips 66 is in active discussions for a sale of its non-core assets, Chief Executive Mark Lashier said on[...]
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