By Anthony Esposito and Brendan O’Boyle MEXICO CITY (Reuters) – The Bank of Mexico is monitoring recent volatility in domestic financial markets, including foreign exchange markets, and co[...]
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June 12, 2024
Morning Bid: US disinflation good, Chinese disinflation bad
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Softer-than-expected U.S. inflation lit a fuse under investor risk appetite and asset prices on Wednesday which should fir[...]
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Roaring Kitty may have cut GameStop options position, strategists say
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A surge of trading in some short-dated GameStop options contracts on Wednesday suggested to some market participants that Keith Gill, the stock influenc[...]
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Sony Pictures Entertainment buys cinema chain Alamo Drafthouse Cinema
(Reuters) -Sony Pictures Entertainment (SPE) has acquired U.S. cinema chain Alamo Drafthouse Cinema, the companies said on Wednesday, a move that will give the studio control over movie distribution.[...]
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With acquisition, Canada’s National Bank expands west and analysts applaud growth potential
By Nivedita Balu TORONTO (Reuters) – Canadian lender National Bank’s expansion from east to west, rather than following Canada’s big banks south of the border, could help secure grow[...]
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FAA to maintain increased in-person oversight of Boeing for ‘foreseeable future’
By David Shepardson WASHINGTON (Reuters) -The head of the Federal Aviation Administration will tell the U.S. Senate Commerce Committee on Thursday that the agency will maintain its increased on-site p[...]
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Citi’s new wealth boss Sieg reshuffles leadership, pledges higher returns
By Tatiana Bautzer and Manya Saini NEW YORK (Reuters) -Citigroup’s new head of wealth, Andy Sieg, further reshuffled his leadership team on Wednesday and reiterated financial targets as the bank[...]
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Virgin Galactic announces reverse stock split
(Reuters) -Space tourism company Virgin Galactic announced a 1-for-20 reverse stock split on Wednesday, sending its shares down 19% in extended trading. The stock split is expected to go into effect o[...]
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More consumer data safeguards needed, watchdog tells US Congress
By Douglas Gillison (Reuters) – The head of the top U.S. watchdog agency for consumer finance on Wednesday called on lawmakers to adopt greater protections against the collection and use of cons[...]
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