By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Wall Street’s bosses are finally seeing signs of a broader pickup in investment banking, but they are not cheering too loudly just y[...]
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April 16, 2024
Smaller US manufacturers warm to Biden’s big industrial plan, survey shows
By Timothy Aeppel (Reuters) – America’s small and mid-sized manufacturers may be warming up to the Biden administration’s push for an aggressive industrial policy. In a survey of 150 producers,[...]
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US sanctions impacting Sovcomflot’s ability to trade, CEO of Russian tanker group says
MOSCOW (Reuters) – U.S. sanctions are limiting tanker activity for Russia’s top shipping group, Sovcomflot, the company’s head said on Tuesday, as Washington tightens the screws on M[...]
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Stellantis chief Tavares warns of tough year ahead
By Giulio Piovaccari MILAN (Reuters) -Carmaker Stellantis faces a challenging year with increasing pricing pressures, its chief executive warned on Tuesday before shareholders voted to approve his bum[...]
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Donald Trump’s bond provider defends its help
By Jonathan Stempel NEW YORK (Reuters) – The company that provided Donald Trump with a $175 million bond in his New York civil fraud case said it had “substantial financial credibility,[...]
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J&J’s medical device sales fall short, cancer drugs seen growing
By Patrick Wingrove and Bhanvi Satija (Reuters) -Johnson & Johnson’s first-quarter revenue missed Wall Street estimates for medical devices on Tuesday and sales of its blockbuster psoriasis[...]
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Tesla’s global job cuts include leading markets US, China
SHANGHAI/BERLIN (Reuters) -Tesla’s global job cuts include reducing staff in the U.S. and China, the automakers’ two biggest markets, across sales, tech, and engineering, five sources brie[...]
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IMF warns financial risks linger amid ‘soft landing’
By Pete Schroeder WASHINGTON (Reuters) – The International Monetary Fund is cautioning against overexuberance in markets as investors look for central bankers to pull off a “soft landing[...]
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US manufacturing output increases in March; February data revised higher
WASHINGTON (Reuters) – Production at U.S. factories increased solidly in March as output at motor vehicle assembly plants and elsewhere rose, suggesting that manufacturing was turning the corner[...]
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