By Ross Kerber and Davide Barbuscia (Reuters) -Top asset manager BlackRock on Wednesday said only about 58% of advisory votes cast at its annual meeting supported the pay of its top executives. At the[...]
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May 15, 2024
U.S. homebuilder sentiment tumbles as rates slow buyer traffic
(Reuters) – U.S. homebuilder sentiment soured in May for the first time in six months as high interest rates on home loans kept potential customers on the sidelines and more builders had to offe[...]
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Allianz posts better-than-expected 22% increase in Q1 net profit
FRANKFURT (Reuters) – Germany’s Allianz posted a better-than-expected 22% rise in first-quarter net profit, helped by strength in its property and casualty insurance business, the company[...]
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Veon teams up with partners to bridge online ‘AI language gap’
(Reuters) – Telecom company Veon, mobile operator Beeline Kazakhstan, the Barcelona Supercomputing Center and the GSMA lobby group said on Wednesday they would work together to bridge an “[...]
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China’s BYD launches hybrid pickup in Mexico as US hikes EV tariffs
By Cassandra Garrison MEXICO CITY (Reuters) -Chinese automaker BYD unveiled the Shark, a mid-size hybrid-electric pickup truck, in Mexico on Tuesday, as its regional chief brushed off new U.S. tariff[...]
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Canadian home sales fell 1.7% in April, CREA data shows
OTTAWA (Reuters) – Canadian home sales declined 1.7% in April from March, and were up 10.1% on an annual basis, data from the Canadian Real Estate Association (CREA) showed on Wednesday. The ind[...]
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US consumer prices rise less than expected; retail sales flat
NEW YORK (Reuters) – U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial m[...]
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Canada March factory sales down 2.1% on petroleum, autos
May 15 (Reuters) – Canadian factory sales fell by 2.1% in March from February on lower sales of petroleum and coal products, as well as motor vehicles, Statistics Canada said on Wednesday. Exclu[...]
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Brazil activity posts first-quarter growth despite March contraction
BRASILIA (Reuters) – Brazil’s economy exhibited a higher-than-expected contraction in March but still managed to clinch a positive performance in the first quarter, central bank data showe[...]
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