(Reuters) – Exchange operator Cboe Global Markets said on Thursday it will integrate its digital asset derivatives, currently offered by Cboe Digital, into its existing Global Derivatives and Cl[...]
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April 25, 2024
Nasdaq’s revenue beats on strong demand for fintech products
By Manya Saini and Laura Matthews (Reuters) -Nasdaq beat estimates for first-quarter revenue on Thursday, driven by strong demand for its financial technology products used by traders and investors to[...]
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Steelmaker Acerinox cautious on second quarter as strike drags on
By Matteo Allievi and Natalia Siniawski (Reuters) -Spanish steelmaker Acerinox said on Thursday it expects earnings before interest, taxes, depreciation and amortization (EBITDA) to improve only sligh[...]
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Huawei-led Chinese firms aim to make advanced memory chips by 2026, The Information reports
(Reuters) – A group of Chinese chip companies led by Huawei Technologies and backed by the country’s government aims to produce high-bandwidth memory (HBM) semiconductors, a key component[...]
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Confounding US economic, inflation data cloud Fed’s rate path
By Howard Schneider (Reuters) -The Federal Reserve’s latest financial stability report was good news for anyone worried that a record run of interest rate hikes might overstress the banking syst[...]
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KKR to buy $1.64 billion student housing portfolio from Blackstone’s REIT
(Reuters) -Private equity firm KKR has agreed to buy a portfolio of 19 student housing properties from Blackstone Real Estate Income Trust for about $1.64 billion, the companies said on Thursday. The[...]
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Q1 US GDP shows surprise slowing and uncomfortable inflation
NEW YORK (Reuters) – U.S. economic growth slowed more than expected in the first quarter, but a surprisingly hot quarterly Personal Consumption Expenditure inflation component suggested that the[...]
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BNP Paribas beats estimates as lower costs offset trading slump
By Mathieu Rosemain PARIS (Reuters) -BNP Paribas beat first-quarter profit forecasts on Thursday as lower costs and a robust performance in global banking helped to offset a steep fall in its fixed in[...]
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Textron to cut 1,500 jobs as program cancellations, weak demand hit results
(Reuters) – Textron is expanding its restructuring plan to include about 1,500 job cuts, it said on Thursday, after U.S. Army program cancellations and lower demand for some other products hit i[...]
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