(Reuters) – Union Pacific said on Tuesday it has mostly resumed operations impacted due to Hurricane Beryl in Texas but expects some disruptions till commercial power and road accessibility are[...]
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July 9, 2024
Delta Air, Riyadh Air unveil strategic partnership
By Rajesh Kumar Singh CHICAGO (Reuters) -Riyadh Air has partnered with U.S. carrier Delta Air Lines as the Saudi startup carrier grows its potential network ahead of launching commercial operations ne[...]
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Archegos collapse driven by ‘lies and manipulation,’ US prosecutor says as trial closes
(This July 8 story has been corrected to say ‘billions’ instead of ‘$40 billion’ in paragraph 15) By Jody Godoy NEW YORK (Reuters) – The 2021 collapse of Sung Kook[...]
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Jury begins deliberating at Archegos founder’s criminal trial
By Jody Godoy NEW YORK (Reuters) – A jury in Manhattan federal court began deliberations on Tuesday in the criminal case against Archegos Capital Management founder Sung Kook “Bill”[...]
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Goldman Sachs asset managers see US economy, stocks slowing
By Suzanne McGee (Reuters) -Goldman Sachs Asset Management (GSAM) executives expect the U.S. economy to grow at a slower clip of about 2% in the second half of 2024, they said on Tuesday, with equity[...]
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Some market players urge BOJ to halve bond buying as it eyes tapering
By Leika Kihara TOKYO (Reuters) – Some market players called on the Bank of Japan to slow its bond buying to roughly half the current pace under a scheduled tapering plan due out this month, the[...]
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Disney to add new ship in Tokyo to expanding cruise business
By Dawn Chmielewski, Lisa Richwine, Rocky Swift URAYASU, Japan (Reuters) -Walt Disney and Japan’s Oriental Land Company unveiled plans on Tuesday to launch a new cruise ship that will set sail f[...]
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S&P 500’s tech dominance sparks calls for portfolio diversification
By Ankika Biswas (Reuters) – The gap in returns between the S&P 500 and the index’s equal-weighted counterpart is at its widest in 15 years, underscoring the need to diversify beyond A[...]
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Novo Nordisk shares down after analysis finds Lilly drug leads to better weight loss
LONDON (Reuters) – Shares in Novo Nordisk, maker of the wildly popular obesity drug Wegovy, were down 1.9% on Tuesday after the publication of a data analysis showing rival Eli Lilly’s own[...]
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