(Reuters) -Deere & Co said on Wednesday it would cut an unspecified number of production and salaried jobs to save costs as it grapples with a downturn in farm equipment demand. The cuts will redu[...]
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June 5, 2024
Factbox-How the SEC has bolstered the US market since the 2021 GameStop frenzy
By Michelle Price WASHINGTON (Reuters) – The latest resurgence of retail trading in GameStop follows major changes aimed at boosting the resilience and transparency of the market following the 2[...]
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Morning Bid: Dip buying persists, Canada set to ease
A look at the day ahead in U.S. and global markets from Mike Dolan Any investor trepidation about a slowing U.S. economy is once again being offset by renewed interest rate cut hopes – seeing th[...]
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China’s exports seen rising more quickly in May, boosting growth prospects: Reuters poll
By Joe Cash BEIJING(Reuters) – China’s exports likely grew more quickly and for a second month in May thanks to improving overseas demand, giving officials some comfort as they navigate nu[...]
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China exchanges mull withholding ‘certain’ data from quant funds, sources say
SHANGHAI (Reuters) – The Shanghai and Shenzhen stock exchanges are considering suspending certain value-added market data feeds to institutions such as computer-driven quant funds, two sources s[...]
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Citi’s new banking head Raghavan begins as CEO hails his ‘intensity’
By Tatiana Bautzer NEW YORK (Reuters) -Viswas Raghavan joined Citigroup as its new head of banking this week in New York, the lender said on Tuesday, after it hired the former head of investment banki[...]
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Euro zone business activity expands at fastest rate in a year, PMI shows
BENGALURU (Reuters) – Euro zone business activity expanded at its quickest rate in a year in May as growth in the bloc’s dominant services industry outpaced contraction in manufacturing, a[...]
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Volvo Cars’ May sales rise 13%, boosted by electric vehicles
STOCKHOLM (Reuters) – Volvo Cars’ sales rose to 68,034 cars in May, up 13% from a year earlier, buoyed by a 27% jump in Europe and a strong performance by its fully electric EX30, the grou[...]
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Mexico, South Africa and India deliver political punch to markets
By Marc Jones LONDON (Reuters) -A clobbering for South Africa’s, Mexico’s and even India’s heavyweight markets in recent days has proved without doubt that politics can still deliver[...]
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