Author Archives: Syndicated Content
eToro to shut down nearly all crypto trading in settlement with US SEC
By Hannah Lang (Reuters) -Retail trading platform eToro will stop offering nearly all cryptocurrencies to its customers as part of a settlement with the U.S. Securities and Exchange Commission, the re...
Sep 12, 2024
Gaza economy shrinks to less than a sixth of its pre-war size, UN report says
By Emma Farge GENEVA (Reuters) - Gaza's economy has shrunk to less than a sixth of its size when the Israel-Hamas war began nearly a year ago, while unemployment in the occupied West Bank has nearly t...
Sep 12, 2024
Global rate cutting cycle picking up pace
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) - Interest rate cuts from major central banks are well underway, with the European Central Bank on Thursday delivering its second quarter-point c...
Sep 12, 2024
Carmakers adjust electrification plans as EV demand slows
(Reuters) - Several global automakers are scaling down their electrification targets, hurt by slowing demand for fully electric vehicles due to lack of affordable models, slow roll-out of charging poi...
Sep 12, 2024
S&P Global Ratings says extended worker strike may hurt Boeing's rating
(Reuters) -S&P Global Ratings said on Thursday if Boeing faces an extended worker strike, it could delay the planemaker's recovery and hurt its overall rating. Boeing's U.S. West Coast factory workers...
Sep 12, 2024
Atlas Partners to invest in Carlyle's Sedgwick
(Reuters) - Private equity firm Carlyle Group-owned Sedgwick on Thursday announced a strategic investment from Atlas Partners that will imply a total enterprise value of $13.2 billion. Atlas has commi...
Sep 12, 2024
Air Canada says government should be ready to prevent pilots from striking
(Reuters) - Air Canada said on Thursday that the federal Canadian government should be prepared to intervene to prevent a pilots' strike that could begin as early as next week. Spokesman Christophe He...
Sep 12, 2024
Greece offers cash benefits, tax breaks to reverse falling birthrate
ATHENS (Reuters) - Greece outlined measures to boost its lagging birthrate on Thursday, from vouchers and childcare benefits to tax breaks for new parents, although experts questioned the plan's effec...
Sep 12, 2024
Lazard reports August outflows of $7.5 billion due to client's strategy switch, source says
By Manya Saini and Pritam Biswas (Reuters) - Lazard's asset management business saw net outflows of $7.5 billion in August after one of its clients switched to a passive investing strategy, a person f...
Sep 12, 2024
IMF says appropriate for U.S. Fed to start easing cycle as economy slows
WASHINGTON (Reuters) - The International Monetary Fund said on Thursday it was appropriate for the U.S. Federal Reserve to begin a long-awaited monetary easing cycle at its meeting next week as upside...
Sep 12, 2024
