By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Friday the central bank “very likely” will raise interest rates if underlying inflation continues to go up,[...]
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April 19, 2024
Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
By Chuck Mikolajczak NEW YORK (Reuters) -The Nasdaq and the S&P 500 ended lower on Friday as Netflix shares weighed, but American Express kept the Dow afloat after quarterly earnings from both com[...]
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Lululemon to shutter Washington distribution center, lay off 128 employees
(Reuters) -Lululemon Athletica will close its distribution center in the state of Washington at the end of the year and lay off more than 100 employees, the apparel retailer told Reuters on Friday. Th[...]
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Brazil’s Embraer delivers 25 jets in Q1; backlog hits 7-year high
SAO PAULO (Reuters) – Brazilian planemaker Embraer said on Friday it delivered 25 aircraft – seven commercial planes and 18 executive jets – in the first quarter of 2024, a 67% incre[...]
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Fed survey cites inflation, US election as key financial stability risks
By Howard Schneider and Pete Schroeder WASHINGTON (Reuters) -Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the Federal Reserve’s lat[...]
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Honda to invest $808 million in Brazil by 2030
BRASILIA (Reuters) -Japanese automaker Honda will invest 4.2 billion reais ($807.74 million) in its Itirapina plant in Brazil by 2030, an executive said on Friday, adding the company aims to develop a[...]
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Nike to lay off 740 employees at Oregon headquarters
(Reuters) – Nike will lay off about 740 employees at its world headquarters in Oregon, a letter showed on Friday, as the top sportswear maker looks to rein in costs after warning of a revenue di[...]
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Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
By Stephen Culp NEW YORK (Reuters) -The Nasdaq and the S&P 500 closed sharply lower on Friday and Treasury yields dipped as investors juggled lackluster earnings, uncertainties surrounding central[...]
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Oil settles slightly higher as Iran plays down reported Israeli attack
By Nicole Jao NEW YORK (Reuters) -Oil settled slightly higher on Friday, but posted a weekly decline, after Iran played down a reported Israeli attack on its soil, a sign that an escalation of hostili[...]
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