Bonds bask in talk of Fed interest rate cuts
By Tom Wilson LONDON Treasury yields and the dollar hit multi-month lows on Wednesday after a U.S. Federal
2023-11-29 20:26
Foot Locker forecasts rosier Q4 on resilient holiday demand
(Reuters) -Foot Locker on Wednesday forecast a smaller-than-expected decline in fourth-quarter comparable sales, anticipating resilient consumer demand during the key
2023-11-29 20:25
Philippines Markets Debut Islamic Bond Helped by Drop in Spreads
The Philippines marketed its first US-currency Islamic note, aiming to expand its funding base and capitalizing on a
2023-11-29 20:23
Hedge funds suffer net $7.6 billion outflows in October - eVestment
By Nell Mackenzie LONDON Investors pulled a net $7.6 billion from the hedge fund industry in October, particularly
2023-11-29 20:23
Futures gain as investors cheer rate cut prospects
By Shristi Achar A and Amruta Khandekar (Reuters) -U.S. stock index futures rose on Wednesday as Treasury yields slipped to
2023-11-29 20:15
GM says pretax earnings took $1.1B hit from autoworkers strike, but says it can absorb costs of deal
General Motors says pretax earnings took a $1.1 billion hit this year from a six-week strike by autoworkers, but the company expects to absorb the costs of a new contract and is even raising its dividend
2023-11-29 19:59
Dollar Tree trims annual sales forecast as customers spend less at its stores
Dollar Tree trimmed its full-year sales forecast on Wednesday, signaling that persistent inflation was weighing on demand for
2023-11-29 19:58
Sri Lanka and creditor nations agree in principle on debt restructuring
By Uditha Jayasinghe and Tetsushi Kajimoto COLOMBO/TOKYO (Reuters) -A group of Sri Lanka's creditor nations and Colombo reached an agreement
2023-11-29 19:53
Sibanye Cuts US Jobs to Lower Costs After Palladium Slumps
Sibanye Stillwater Ltd. plans to cut jobs at its US platinum-group metals operations to lower costs, after palladium
2023-11-29 19:46
GameStop shares climb on strong volume
Shares of retail traders' darling GameStop jumped 12.5% in strong premarket trading volume on Wednesday, looking to build
2023-11-29 19:45
GM to buy back $10 billion in shares, cut Cruise spending
By David Shepardson General Motors said on Wednesday it will buy back $10 billion in shares and boost
2023-11-29 19:45
EU’s Jourova Praises Ukraine’s Anti-Graft Effort
European Commission Vice President Vera Jourova sees an effective anti-graft system emerging in Ukraine as the war-torn nation
2023-11-29 19:28