Author Archives: Syndicated Content
TSX futures fall as investors pause after week's rally
(Reuters) - Futures linked to Canada's main stock index fell on Friday, mirroring its Wall Street peers as investors paused after markets gained over the week due to U.S. interest rate cut. The future...
Sep 20, 2024
Factbox-US companies to hire thousands of seasonal workers for holiday season
(Reuters) - U.S. companies from Target and Macy's to package delivery firm UPS plan to hire thousands of seasonal workers ahead of the all-important holiday season. Retailers are expected to add fewer...
Sep 20, 2024
Vietnamese EV maker VinFast reports wider sequential gross loss
(Reuters) -Vietnamese electric-vehicle maker VinFast reported a deeper second-quarter loss on Friday, driven by rising costs linked to its ambitious Asia expansion, although its revenue remained on a ...
Sep 20, 2024
India's Nifty, Sensex outperform most global markets, behind only Wall Street
By Bharath Rajeswaran BENGALURU (Reuters) - India's NSE Nifty 50 and S&P BSE Sensex are trailing only Wall Street's Nasdaq and S&P 500 as top-performing indexes this year, with analysts expecting the ...
Sep 20, 2024
Nokia says German court rules in its favour in Amazon patent dispute
HELSINKI (Reuters) -A German court has ruled that Amazon is using Nokia's patented video technologies without a license, the Finnish network equipment maker and telecommunications patent holder said i...
Sep 20, 2024
Bank of Canada: AI could boost inflationary pressures in short-term
OTTAWA, Sept 20 (Reuters) - Bank of Canada Governor Tiff Macklem on Friday said adoption of artificial intelligence (AI) by businesses could add to price pressures in the short term by boosting demand...
Sep 20, 2024
Morgan Stanley latest to downgrade ASML on China, memory, Intel concerns
AMSTERDAM (Reuters) - Morgan Stanley on Friday downgraded earnings estimates for computer chip equipment maker ASML, the latest brokerage to do so following weakness in the memory chip market and conc...
Sep 20, 2024
Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner- Reuters poll
By Indradip Ghosh BENGALURU (Reuters) - The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists...
Sep 20, 2024
Factbox-How investors buy gold and what drives the market
(Reuters) - Gold hit a record high above $2,600 per ounce on Friday, as the prospect of more U.S. interest rate cuts and global geo-political uncertainty boosted its appeal. Bullion has risen more tha...
Sep 20, 2024
Canada July retail sales up 0.9% on autos; seen up 0.5% in August
Sept 20 (Reuters) - Canadian retail sales grew by 0.9% in July from June at C$66.38 billion ($48.95 billion), led by higher sales at motor vehicle and parts dealers, Statistics Canada said on Friday. ...
Sep 20, 2024
