Wealth Growth Daily

Updated

Delta Air COO Mike Spanos to leave carrier

BY Reuters  • August 23, 2024August 23, 2024
(Reuters) -Delta Air’s chief operating officer, Mike Spanos, will leave the airline next month to take on a role at another company, CEO Ed Bastian said in a memo to employees on Friday. Spanos[...]
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Societe Generale leaves London Metal Exchange’s open-outcry trading floor

BY Reuters  • August 23, 2024August 23, 2024
By Eric Onstad LONDON (Reuters) -Societe Generale International will drop its membership of the London Metal Exchange’s open-outcry trading floor, the exchange said on Friday, raising questions[...]
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Factbox-Brokerages predict September rate cut as market braces for Powell speech

BY Reuters  • August 23, 2024August 23, 2024
(Reuters) – Most brokerages have forecast a 25 basis points interest rate cut by the U.S. Federal Reserve in September, even as financial markets strap in for clearer cues from Chair Jerome Powe[...]
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Final bids value Deutsche Bahn’s Schenker at around 14 billion euros, sources say

BY Reuters  • August 23, 2024August 23, 2024
By Emma-Victoria Farr and Markus Wacket FRANKFURT (Reuters) – Deutsche Bahn’s logistics unit Schenker has received final bids from Danish transport firm DSV and a consortium led by CVC Cap[...]
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Shein reveals child labour cases as it steps up supplier audits

BY Reuters  • August 23, 2024August 23, 2024
(This Aug. 22 story has been corrected to fix the emissions savings figure to 314,805 tons from 49,578 tons, in paragraph 16 and changes tonnes to metric tons in paragraph 14) By Helen Reid LONDON (Re[...]
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List of Chinese entities who have turned to the cloud for access to restricted US tech

BY Reuters  • August 23, 2024August 23, 2024
(Reuters) -State-linked Chinese entities are using cloud services provided by Amazon or its rivals to access advanced U.S. chips and artificial intelligence capabilities that they cannot acquire other[...]
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CN rail workers to return to work as Canada steps in to end stoppage

BY Reuters  • August 23, 2024August 23, 2024
(Reuters) -Workers at Canadian National Railway will begin to return to work on Friday, a major labor union said, after the Canadian government moved in to end an unprecedented rail stoppage. Rival Ca[...]
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AstraZeneca threatens to move UK vaccine production to US, FT reports

BY Reuters  • August 23, 2024August 23, 2024
(Reuters) – AstraZeneca has warned it could relocate its vaccine manufacturing site from the UK to the United States as talks with the new Labour government over plans to cut state aid have beco[...]
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Japan’s core inflation picks up, but demand-driven growth below 2%

BY Reuters  • August 23, 2024August 23, 2024
By Makiko Yamazaki and Satoshi Sugiyama TOKYO (Reuters) -Japan’s core inflation accelerated for a third straight month in July, data showed on Friday, but a slowdown in demand-driven price growt[...]
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