Bank of Canada cut 2023 growth forecast, sees persistently high inflation
OTTAWA, Oct 25 The Bank of Canada on Wednesday cut its 2023 growth forecast to 1.2% from the
2023-10-25 22:26
Sternlicht Says US Rates Need to Drop on Debt Costs: FII Update
Starwood Capital Group’s Barry Sternlicht said the Fed will be forced to halt rate hikes as the pace
2023-10-25 21:51
Stellantis Nears Deal to Buy 20% of Chinese EV Maker Leapmotor
Stellantis NV is nearing a deal to acquire a roughly 20% stake in Chinese electric vehicle company Zhejiang
2023-10-25 20:59
BofA’s DeMare Warns on ‘Dangerous’ Effects of Yields at 5%
Bank of America Corp.’s Jim DeMare warned of the knock-on effects of short-term Treasury yields at 5% and
2023-10-25 20:49
Deutsche Bank shares surge as it promises more cash for investors
Shares in Deutsche Bank surged nearly 7% Wednesday after it said strong earnings meant it could pay out more cash to shareholders over the next two years than previously anticipated.
2023-10-25 19:19
Bank of Canada seen leaving rates on hold amid economic slowdown
By Steve Scherer OTTAWA The Bank of Canada is widely expected to leave its key overnight rate on
2023-10-25 18:29
Nasdaq, S&P 500 futures fall as Alphabet leads retreat in mega-cap stocks
Nasdaq and S&P 500 futures fell on Wednesday, led by a slide in Alphabet on weak growth in
2023-10-25 18:19
US Presses Gulf Allies to Help Stem Fresh Fundraising for Hamas
The US has called on Gulf Arab states to help clamp down on a suspected increase in fundraising
2023-10-25 17:51
Israel’s Rating Outlook Cut to Negative by S&P on War Risks
Israel’s credit outlook was cut by the last of the three major rating companies that kept it at
2023-10-25 17:50
Deutsche Bank’s DWS Group Falls After Inflows Miss Estimates
Shares of DWS Group declined the most in more than three months after the asset-management arm of Deutsche
2023-10-25 17:25
Kering shares fall 4% after sales drop, dragging down luxury sector
PARIS (Reuters) -Shares in French group Kering fell on Wednesday to their lowest since March 2020, dragging down other luxury
2023-10-25 17:24
Tycoon Quek’s Hong Leong Considers Sale of Southern Steel, Sources Say
Southern Steel Bhd. surged by a record after people familiar with the matter said Hong Leong Group, a
2023-10-25 17:17