By Makiko Yamazaki TOKYO (Reuters) – Nomura Holdings aims to expand its U.S. credit portfolio to $50 billion within 10 years and may seek small acquisitions to beef up its private credit busines[...]
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April 4, 2024
Global markets watchdog proposes closer scrutiny of stock exchanges
By Huw Jones LONDON (Reuters) -Global securities watchdog IOSCO on Thursday proposed detailed guidance on how regulators should supervise stock exchanges more closely to negate risks from changes in b[...]
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US employment boom leaves factory workers behind
By Timothy Aeppel (Reuters) – Dan Ariens laid off workers, cut shifts, and halted nearly all hiring last summer after sales slumped at his company, best known for making bright orange snow blowe[...]
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U.S. brokerages start Reddit coverage with doubts over turning a profit
(Reuters) – Two U.S. brokerages began coverage of Reddit by taking a skeptical stance on the social media platform’s ability to turn profitable and raised concerns over its potential entry[...]
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Analysis-Carrefour-Pepsico dispute sheds light on key role of retailers’ ad business
By Helen Reid and Richa Naidu LONDON (Reuters) – Carrefour and PepsiCo’s just resolved three-month price dispute has shed light on a new aspect of such negotiations which is changing the r[...]
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Yellen faces tough road on China’s vast overproduction problem
By David Lawder GUANGZHOU, China (Reuters) – U.S. Treasury Secretary Janet Yellen arrived in China’s southern factory hub of Guangzhou on Thursday with a tough message to Chinese officials[...]
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Levi Strauss surges on profit forecast raise as direct customer sales, cost cuts pay off
By Savyata Mishra (Reuters) – Shares of Levi Strauss & Co jumped 20% to a more than two-year high on Thursday as the jeans maker raised its annual profit forecast, powered by new CEO’s[...]
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Nvidia, Alphabet lead market cap surge in March
(Reuters) – Nvidia Corp and Alphabet Inc saw the biggest jump in their market capitalisation in March, driven by artificial intelligence (AI) enthusiasm and anticipation for new products and exp[...]
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International Paper to seek London listing if it inks deal with DS Smith
By Yadarisa Shabong (Reuters) -International Paper said it would seek a secondary London listing as part of its $7 billion plan to buy British packaging peer DS Smith, as the U.S firm prepares to tuss[...]
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