Author Archives: Syndicated Content
Column-US rate shift infects dollar, but prognosis isn't terminal: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - The dollar has been floored by an aggressive repricing of the U.S. interest rate outlook, but it's likely too soon to count the greenback out. The dollar...
Aug 22, 2024
India may let foreign investors raise capital in rupees to invest overseas, source says
By Shivangi Acharya NEW DELHI (Reuters) - India may allow certain foreign investors to raise capital in rupees for investments in select countries, a government official said, in a move aimed at boost...
Aug 22, 2024
Chanel buys 25% stake in niche Swiss watchmaker MB&F
ZURICH (Reuters) - Chanel has bought a 25% stake in high-end Swiss watchmaker MB&F, known for its quirky watch designs, the French luxury house said on Thursday, adding it was part of strategy to incr...
Aug 22, 2024
Maersk eyes contigency plans as Canada rail networks close, still takes bookings
STOCKHOLM (Reuters) - Shipping company Maersk is evaluating contingency strategies in Canada, the company said on Thursday after the country's two main freight rail companies shut down their networks ...
Aug 22, 2024
BMW overtakes Tesla in European EV sales for first time, report says
(Reuters) - BMW led the European battery electric vehicle (BEV) market for the first time, beating U.S. automaker Tesla, according to market research firm JATO Dynamics. The German auto giant sold 14,...
Aug 22, 2024
US 30-year fixed-rate mortgage slips to lowest level since May 2023
By Makailah Gause NEW YORK (Reuters) - The average rate on the popular U.S. 30-year fixed-rate mortgage ticked down this week to the lowest level since May 2023, but may need to fall further for the h...
Aug 22, 2024
Apple to update EU browser options, make more apps deletable
By Supantha Mukherjee STOCKHOLM (Reuters) -Apple will change how users choose browser options in the European Union, add a dedicated section for changing default apps, and make more apps deletable, th...
Aug 22, 2024
Nestle replaces CEO Schneider with company veteran Freixe
ZURICH (Reuters) - Nestle is replacing Chief Executive Mark Schneider with long-serving executive Laurent Freixe, the company said on Thursday, a big change at the world's biggest foodmaker which has ...
Aug 22, 2024
Air Canada pilots vote to authorize strike
(Reuters) - Air Canada pilots voted in favor of authorizing a strike, the Air Line Pilots Association union said on Thursday. (Reporting by Shivansh Tiwary in Bengaluru; Editing by Shilpi Majumdar)
Aug 22, 2024
US Bureau of Labor Statistics under scrutiny again for latest data misstep
(Reuters) - The U.S. Bureau of Labor Statistics is once again under scrutiny after closely watched job market data due for public release on Wednesday was inexplicably delayed but still found its way ...
Aug 22, 2024
