Author Archives: Syndicated Content
Futures slip as investors await economic data, Fed rate clues
(Reuters) - U.S. stock index futures slipped on Wednesday, with investors avoiding big bets as they awaited more clues on the health of the economy and the outlook for interest rate cuts after the Fed...
Sep 25, 2024
Embraer says South Africa in talks for purchase of C-390 aircraft
SAO PAULO (Reuters) - South Africa has advanced in talks for a potential purchase of Embraer's C-390 Millennium, the Brazilian planemaker said on Wednesday, after showcasing the military cargo aircraf...
Sep 25, 2024
Berkshire sells more BofA shares, netting $9 billion since July
(Reuters) - Warren Buffett's Berkshire Hathaway has offloaded more shares in Bank of America, its latest filing showed on Tuesday, raking in about $9 billion since July. The conglomerate said it sold ...
Sep 25, 2024
Foreign smartphone sales in China drop 12.7% in August, data show
BEIJING (Reuters) - Sales of foreign-branded smartphones, including Apple Inc's iPhone, in China fell 12.7% in August year-on-year, according to data released on Wednesday from a government-affiliated...
Sep 25, 2024
Merck's colorectal cancer therapy fails late-stage trial
(Reuters) - Merck said on Wednesday its therapy did not meet the main goal of a late-stage trial evaluating it in patients with a type of colorectal cancer. (Reporting by Christy Santhosh; Editing by ...
Sep 25, 2024
US 30-year mortgage rate slips to 6.13%, refinancing jumps
(Reuters) - The interest rate for the most popular U.S. home loan ticked down to 6.13% last week, the lowest in about two years, and refinancing activity jumped, data from the Mortgage Bankers Associa...
Sep 25, 2024
Germany turns up heat while UniCredit's Orcel calls for Commerzbank talks
(Fixes typo in headline) By Valentina Za and Christian Kraemer MILAN/BERLIN (Reuters) - Germany cranked up its opposition to UniCredit's swoop on Commerzbank on Wednesday, while the Italian bank's CEO...
Sep 25, 2024
UniCredit overtures hold few fears for Germany's Mittelstand
By Maria Martinez BERLIN (Reuters) - Germany's Commerzbank says its role as a key lender to the swathe of "Mittelstand" midsize companies that drive Europe's top economy is grounds to resist UniCredit...
Sep 25, 2024
US holiday spending on buy now, pay later to hit record due to debt-laden shoppers
By Arriana McLymore NEW YORK (Reuters) - U.S. shoppers are expected to spend a record $18.5 billion using third-party buy now, pay later services for holiday purchases in the last quarter of the year,...
Sep 25, 2024
Google files complaint to EU over Microsoft cloud practices
By Philip Blenkinsop BRUSSELS (Reuters) - Alphabet unit Google filed a complaint to the European Commission on Wednesday against what it said were Microsoft's anti-competitive practices to lock custom...
Sep 25, 2024
