By Miho Uranaka, Takaya Yamaguchi TOKYO (Reuters) -Japan’s national and Tokyo governments are seeking a 700 billion yen ($4.7 billion) valuation for Tokyo Metro as they prepare to list the subwa[...]
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August 19, 2024
Goldman Sachs lowers odds of US recession to 20% from 25%
(Reuters) – Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months to 20% from 25% following the latest weekly jobless claims and retail sales re[...]
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Morning Bid: The softest of soft landings
A look at the day ahead in European and global markets from Wayne Cole. Markets kicked off the week with a day of consolidation after their best week of the year, on expectations of a softer than soft[...]
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Union at BHP’s Escondida copper mine in Chile signs new deal, ending risk of strike
Santiago (Reuters) -The union at Chile’s Escondida copper mine, the world’s largest, signed a deal on Sunday with BHP, ending a strike that could have threatened global supplies of the red[...]
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Factbox-Key facts about Canada’s biggest rail operators as massive work stoppage looms
OTTAWA (Reuters) – Canada is facing unprecedented simultaneous stoppages at both of its main freight rail operators which could inflict billions of dollars worth of economic damage. The two rail[...]
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Aussie earnings season ‘positive surprise’ so far, but tide could turn, Macquarie says
(Reuters) – Australian corporate earnings have been a “positive surprise” amid investor euphoria over estimate-beating margins, but historical trends suggest results could take a tur[...]
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