MEXICO CITY (Reuters) -Mexico’s Grupo Financiero Banorte reported on Wednesday a 13% increase in its net profit for the final three months of last year, driven by loan growth and lower costs, an[...]
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January 17, 2024
Freelancers file first lawsuit challenging Biden independent contractor rule
By Daniel Wiessner (Reuters) -A group of freelance writers and editors has sued the U.S. Department of Labor, claiming the Biden administration’s new rule making it more difficult for companies[...]
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Citigroup equities execs leaving as reorganization continues, sources say
By Tatiana Bautzer NEW YORK (Reuters) – Three senior executives are leaving Citigroup’s equity-trading division, two sources with knowledge of the matter said on Wednesday, as the company[...]
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Exclusive-Half of Japan firms look at restructuring to boost performance
TOKYO (Reuters) – Around half of Japanese firms are looking at reviewing or restructuring their businesses to boost corporate value, including acquisitions, a Reuters survey showed, amid a push[...]
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For many in China, the economy feels like it is in recession
By Casey Hall SHANGHAI (Reuters) – The night before China’s civil service exam, Melody Zhang anxiously paced up and down the corridor of her dormitory, rehearsing her answers. Only when sh[...]
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Kinder Morgan misses fourth-quarter profit estimates
(Reuters) -Pipeline and terminal operator Kinder Morgan on Wednesday posted a lower-than-expected profit for the fourth quarter, as higher interest expenses and weakness in the natural gas pipeline se[...]
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Weak data, limited stimulus keep investors away from China
By Tom Westbrook SINGAPORE (Reuters) -China’s patchy economic growth and a renewed slump in home sales have redoubled investors’ resolve to steer clear of the country’s markets, send[...]
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Japan’s Mizuho hunting for deals to bolster asset management business
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) -Mizuho Financial Group is in talks with overseas asset managers about deals as the major Japanese banking group looks to more than double its as[...]
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Marketmind- Nominal China GDP? Not pretty
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets look set for another torrid session on Thursday, with investors still reeling from the China-fueled weakness[...]
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