Author Archives: Syndicated Content
Paramount jumps on report of Sony Pictures, Apollo discussing joint buyout bid
(Reuters) - Shares of Paramount Global rose more than 9% in premarket trade on Friday, after Reuters reported Sony Pictures Entertainment and Apollo Global Management were discussing a joint bid to ac...
Apr 19, 2024
Tesla to recall 3,878 Cybertrucks over faulty accelerator pedal, NHTSA says
(Reuters) -Tesla is recalling 3,878 Cybertrucks to fix an accelerator pedal pad that could come loose and get lodged in the interior trim, the U.S. National Highway Traffic Safety Administration (NHTS...
Apr 19, 2024
Futures fall as Middle East tensions simmer, Netflix slumps
(Reuters) - U.S. stock index futures slipped on Friday as investors turned risk-averse following reports of an escalation in the Middle East conflict, while Netflix fell in premarket trade after the c...
Apr 19, 2024
Investors pull money from cash to pay tax bills, sell US stocks - BofA
LONDON (Reuters) - Cash equivalent funds saw a $160 billion tax-related outflow in the week to Wednesday, according to a Bank of America's weekly report that cites fund flows and asset allocation from...
Apr 19, 2024
Analysis-China's steel sector has bigger worries than Biden tariff hike
By Amy Lv and Tony Munroe BEIJING/SINGAPORE (Reuters) - U.S. President Joe Biden's push to triple tariffs on Chinese steel imports strikes a mostly symbolic blow on an industry facing bigger concerns ...
Apr 19, 2024
Russian banks' profits drop slightly m/m to $2.9 billion in March
MOSCOW (Reuters) - Russian banks' profits fell marginally in March to 270 billion roubles ($2.89 billion), slightly lower than the month before, the central bank said on Friday. The bank said the smal...
Apr 19, 2024
Amazon could soon be forced to recognise UK's GMB union
LONDON (Reuters) - U.S. technology and retail giant Amazon could soon be required to formally recognise the GMB union at its Coventry warehouse in Britain, after a government body ruled in the union's...
Apr 19, 2024
UAW hopeful of watershed union victory at Volkswagen Tennessee factory
By Nora Eckert CHATTANOOGA, Tennessee (Reuters) - The United Auto Workers is counting on scoring a seismic victory at Volkswagen's Tennessee plant as unionization votes are tallied on Friday - one tha...
Apr 19, 2024
Morning Bid: Markets unsettled by Israel-Iran tit-for-tat
A look at the day ahead in U.S. and global markets from Mike Dolan It was hardly unexpected, but Israel's missile strike on Iran on Friday confirms fears of a dangerous series of tit-for-tat retaliati...
Apr 19, 2024
GM and Ford count on gas-powered trucks as EV growth slows
By Joseph White DETROIT (Reuters) - U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter results next week: Explaining to investors where profit growth wil...
Apr 19, 2024
