LONDON (Reuters) -Remy Cointreau’s shares hit their lowest in eight years on Wednesday as a first-quarter sales miss on spreading problems in the U.S. and Asia added to gloomy sentiment around t[...]
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July 24, 2024
US closes probe into 1.5 million Honda vehicles over loss of power
(Reuters) -The U.S. National Highway Traffic Safety Administration said on Wednesday it has closed a preliminary evaluation investigation of about 1.5 million Honda vehicles over loss of power. In Nov[...]
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Deutsche Bank says commercial real estate remains under pressure
By Stefania Spezzati and Tom Sims LONDON (Reuters) – Deutsche Bank on Wednesday tempered exepectations for a recovery in the commercial real estate market and said it forecasts further pressure[...]
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Morning bid: High earnings bar, Harris polling bump
A look at the day ahead in U.S. and global markets from Mike Dolan Wall St has suddenly become a tough crowd to please. Much like last week’s cool market reception for decent earnings beats from[...]
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Bank of Canada set to cut rates, update forecasts on inflation, GDP
By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada (BoC) is widely expected to trim its key overnight rate by 25 basis points on Wednesday amid slowing inflation, a weak job market and te[...]
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US refiners’ Q2 profits fall on low margins, soft fuel demand
By Nicole Jao NEW YORK (Reuters) – U.S. oil refiners are expected to report sharply lower second quarter earnings from a year ago after a listless summer driving season that weakened refining ma[...]
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Malaysia asks Microsoft, CrowdStrike to consider covering losses from global outage
KUALA LUMPUR (Reuters) – Malaysia’s digital minister said on Wednesday he has asked global tech firms Microsoft and CrowdStrike to consider compensating companies that suffered losses duri[...]
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UK business activity picks up after pre-election lull, PMI data shows
By David Milliken LONDON (Reuters) -British business activity picked up this month after a lull in the run-up to a July 4 election, bolstered by the fastest manufacturing growth in two years and the s[...]
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LVMH shares drop after missing second-quarter estimates
By Mimosa Spencer and Dominique Patton PARIS (Reuters) -Shares in LVMH fell as much as 6.5% in early Wednesday trade and were on track for their biggest one-day drop since October 2023 after second-qu[...]
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